SAGA Metals Reports Assays from R-0018 to R- 0020 with Intercepts Including 49.51% Fe₂O₃, 6.56% TiO₂, 0.374% V₂O₅ from 2026 Drilling at Trapper South, Radar Critical Minerals Project in Labrador
SAGA Metals Reports Assays from R-0018 to R-
0020 with Intercepts Including 49.51% Fe₂O₃,
6.56% TiO₂, 0.374% V₂O₅ from 2026 Drilling at
Trapper South, Radar Critical Minerals Project
in Labrador
VANCOUVER, B.C. – March 18, 202 6 – SAGA Metals Corp. ("SAGA" or the "Company") (TSXV:
SAGA) (OTCQB: SAGMF) (FSE: 20H), a North American exploration company focused on critical
mineral discoveries, is pleased to report additional assay results from drill holes R-0018, -0019 and
-0020 completed in 2026 as part of its ongoing maiden Mineral Resource Estimate ("MRE") diamond
drill program at the Trapper Zone within the 100%-owned Radar Titanium-Vanadium-Iron Project near
Cartwright, Labrador, Canada.
Trapper South Assay Highlights
• Analytical results have been obtained for three (3) additional diamond drill holes of the
MRE drill program reinitiated in 2026, with top intercepts including:
o Hole R-0018: 70.3 m @ 42.64% Fe₂O₃, 5.66% TiO₂, 0.288% V₂O₅
o Hole R-0019: 45.7 m @ 49.51% Fe₂O₃, 6.56% TiO₂, 0.374% V₂O₅
o Hole R-0020: 40.7 m @ 37.62% Fe₂O₃, 4.93% TiO₂, 0.239% V₂O₅
• These results now bring the total MRE drill results from 2026 to five (5) diamond drill holes
received to date. As reported on March 5, 2026, analytical results for the first two (2)
diamond drill holes of the 2026 drill program included:
o Hole R-0016: 50.60 m @ 52.05% Fe₂O₃, 7.21% TiO₂, 0.375% V₂O₅
o Hole R-0017: 90.01 m @ 51.86% Fe₂O₃, 6.76% TiO₂, 0.417% V₂O₅
• Top 8 intercepts from the MRE Drill Program can be found in Table 3 below.
• Completed twenty-one (21) holes (R-0016 to R-0036) to date in 2026, with significant oxide
intercepts including 154.77 m (R -0026) and 151.41 m (R -0032), predominantly semi -
massive oxide with extensive rhythmic layering.
• Multiple holes intercepted broad zones of semi-massive oxide up to 87 .08 m, confirming
increased oxide concentration and thickness in Trapper South.
• Rhythmic banding and semi -massive to massive oxide mineralization observed
consistently, aligning with prior high-grade results from Trapper North.
• Drilling is progressing efficiently, with 4,492 m already completed in 2026. Hole R-0037 is in
progress.
• Impact Global Solutions (IGS) Laboratories has received 340 samples from R-0021, -0022 &
-0023 on March 9, 2026. Assays expected within a couple of weeks.
• An additional 507 samples from R-0024, -0025 & -0026 have been cut, sampled and shipped
to IGS on March 16, 2026.
2026 Trapper South Drilling Summary
Table 1: Summary of drill holes R-0016 to R-0036, highlighting the oxide intercepts. Logging of R-0033 to R-
0036 is in progress. See Figures 2-4 below, which depict the oxide mineralization in cross sections S 7, S6 and
S5.
Drill Hole Azimuth /
Dip
Total
Depth
(m)
From (metres) To (metres)
Semi-
Massive
Oxide
(m)
Rhythmic Layering
(m) Total Oxide (m)
R-0016 38° / -45° 206 44 102 45.84 12.16 58
R-0017 38° / -70° 161 50.56 140.64 87.08 3 90.08
R-0018 38° / -45° 188 44.7 156.37 65.04 46.63 111.67
R-0019 38° / -45° 182 66.55 133 37.96 28.49 66.45
R-0020 38° / -45° 206 50.8 138 28.5 58.7 87.2
R-0021 38° / -70° 152 81.28 127.38 33.53 12.57 46.1
R-0022 38° / -45° 149 22.51 118.69 31.58 59.68 91.26
R-0023 38° / -45° 272 100.48 239.32 30.61 76.44 107.05
R-0024 38° / -45° 254 108.87 219.76 46.76 62.11 108.87
R-0025 38° / -60° 275 122.96 253.6 6.92 118.08 125
R-0026 38° / -60° 302 108.75 273.65 16.24 138.55 154.79
R-0027 38° / -45° 221 79.83 175.33 34.24 59.86 94.1
R-0028 38° / -60° 230 105.07 215.93 22.46 87.1 109.56
R-0029 38° / -60° 214 65.2 183.97 13.38 105.39 118.77
R-0030 38° / -60° 209 83.05 189.18 25.41 79.55 104.96
R-0031 38° / -45° 215 63.35 171.6 2.36 105.89 108.25
R-0032 38° / -60° 263 53.82 214.74 18.49 135.95 154.44
R-0033 38° / -45° 251
R-0034 38° / -60° 233
R-0035 38° / -45° 97
R-0036 38° / -70° 212
R-0037 38° / -45°
Total (m) 4,492
Logging in-progress
Logging in-progress
Logging in-progress
Logging in-progress
Drilling in-progress
Table 2: Summary of total meters drilled in Q4 2025 and 2026 to date , including total core samples cut and
prepared.
Meters Drilled Core Samples
Trapper Total
Q4 2025 Drilling 2050
Trapper South 2026
1313
4492 2244
6542 3557
Figure 1: Trapper South map outlining location of the initial 2026 focus for the remainder of the MRE drill
program to be completed in 2026, including cross-sections S11, S10, S9, S8, S7, S6, S5, and S4, showing the
TMI of the 2025 Trapper Zone ground magnetic survey.
The results from three additional drill holes (R-0018, R-0019, and R-0020) continue to demonstrate
broad and consistent oxide mineralization, reinforcing the potential for a robust resource base that
could drive long-term value for our shareholders.
Detailed Logging Highlights from Drill Hole R-0018 to R-0020
• Hole R -0018 (Cross-Section S07): Intersected a 111. 67-meter-thick oxide zone starting at
44.7 meters downhole, comprising 65.04 meters of semi -massive magnetite and 46. 63
meters of rhythmic magnetite layering. The zone ends at 156.37 meters, with the lower
contact parallel to a steep -dipping WNW oxide layer (orientation N285 88NW) against
gabbronorite host rock.
• Hole R -0019 (Cross-Section S06): Encountered a 79.95 -meter-thick oxide zone, including
40.62 meters of semi-massive and 39.33 meters of rhythmic oxide layers. The zone begins at
41.26 meters with a semi-massive oxide section in E-W magmatic contact (N091 45SW) with
gabbronorite, transitioning to rhythmic layering at a lower ESE contact (N097 44SW). A 21.42-
meter gabbronorite interval separates this from a second zone starting at 66.55 meters,
featuring rhythmic and se mi-massive oxide in SE contact (N158 47S W) with gabbronorite,
ending at 133 meters. An additional 9.63-meter rhythmic layer occurs from 139.25 to 148.88
meters in SE contact (N156 44SW) with gabbronorite.
• Hole R-0020 (Cross-Section S05): Intersected an 87.2-meter-thick oxide zone starting at 50.8
meters, including 28. 5 meters of semi -massive oxide and 58.7 meters of rhythmic oxide
layering. The zone begins with a narrow 4.1-meter rhythmic section in contact (N194 27NW)
with gabbronorite, followed by alternating rhythmic layering and gabbronorite until 81.93
meters. The lower contact strikes ESE (N097 66SW) and is within gabbronorite at 138 meters.
These logging details align with the consistent SE -striking, west-dipping oxide horizons observed
across the Trapper Zone, as illustrated in the accompanying cross-sections and base map. The semi-
massive to massive oxide mineralization remains our core eco nomic target, delivering strong
potential for titanium, vanadium, and iron grades.
Figure 2: Cross section of S7 looking NW showing R-0018, -0024, -0025 and -0036, highlighting intercepts of
semi-massive oxides and layering sequence with the 3D Magnetic Inversion of the 2025 Trapper Zone ground
magnetic survey. Assays shown for R-0018 and pending assays for R-0024 and R-0025.
Figure 3: Cross section of S6 looking NW showing R-0019, -0027 and -0028 as well as proposed holes,
highlighting intercepts of semi-massive oxides and layering sequence with the 3D Magnetic Inversion of the
2025 Trapper Zone ground magnetic survey. Assays shown for R-0019 and pending assays for R-0027 and R-
0028.
Figure 4: Cross section of S5 looking NW showing R-0020, R-0021, R-0029, and R-0030, highlighting
intercepts of semi-massive oxides and layering sequence with the 3D Magnetic Inversion of the 2025 Trapper
Zone ground magnetic survey. Assays shown for R-0020 and pending assays for R-0021, R-0029, and R-0030.
Michael Garagan, CGO & Director of SAGA Metals, commented: “The latest assays from holes R-
0018 to R -0020 further confirm the remarkable consistency of high -grade oxide mineralization at
T r a p p e r S o u t h , w i t h i n t e r c e p t s s u c h a s 4 5 . 7 m a t 4 9 . 5 1 % F e ₂ O ₃ , 6 . 5 6 % T i O ₂ , a n d 0 . 3 7 4 % V ₂ O ₅
standing out among a growing list of robust zones. Combined with the efficient drilling pace—we’ve
already completed over 4,492 meters in 2026 across 21 holes, as seen in Figure 1 above, with more
underway—this program continues to build a compelling picture of scale and grade continuity. These
results reinforce our confidence as we advance toward a maiden Mineral Resource Estimate at the
Radar Project. ”
Drilling is progressing efficiently, with 4,492 m already completed in 2026 up to drill hole R-0036, with
6,542 total meters completed for the Mineral Resource Estimate drill program. The drill rig has been
moved to drill pads R-0037 & -0038. IGS Laboratories has received 340 samples from R-0021, -0022,
and -0023 on March 3, 2026, while an additional 507 samples from R- 0024, -0025, and -0026 have
been cut, sampled, and prepared for shipping on March 16, 2026.
Key Project Highlights:
• Confirmed mineralization in 36 out of 36 drill holes completed and observed in two primary
zones to date.
• Analytical results to date include numerous oxide-rich intercepts, including: