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SAGA Metals Reports Assays from R-0064 to R-0071 with Intercepts Including 52.52% Fe2O3, 7.58% TiO2, 0.428% V2O5 from 2026 Drilling at Radar Critical Minerals Project in Labrador

Drill Results

SAGA Metals Reports Assays from R-0064 to R-0071 with

Intercepts Including 52.52% Fe2O3, 7.58% TiO2, 0.428%

V2O5 from 2026 Drilling at Radar Critical Minerals Project

in Labrador

VANCOUVER, B.C. – September 10, 2026 – 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- 0064, -0065, -

0066, -0067, -0068, -0069, -0070 and -0071 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. The Trapper Zone forms part of

an oxide lopolith that includes the Falcon and Hawkeye Zones collectively covering 29 square

kilometres (Figure 1).

Figure 1: The Radar Property with the Dias QMAGT vertical gradient (Bzz) anomaly footprint shown in red

(high-amplitude pixels only). The QMAGT-imaged central oxide-layering lopolith validated over 29 km2,

encompassing the Trapper Zone, Hawkeye Zone, and the new Falcon Zone.

Analytical results received for eight (8) additional diamond drill holes (R-0064 to R-0071) from the

MRE drill program initiated in Q4 2025, delivering consistent broad intercepts of oxide mineralization.

Key intercepts include:

• Hole R-0064: 187.0 m @ 41.61% Fe2O3, 6.07% TiO2, 0.280% V2O5

o Including 71.9 m @ 43.47% Fe2O3, 6.60% TiO2, 0.273% V2O5

o Including 80.0 m @ 42.62% Fe2O3, 6.03% TiO2, 0.306% V2O5

• Hole R-0065: 128.0 m @ 46.11% Fe2O3, 6.79% TiO2, 0.326% V2O5

o Including 65.8 m @ 49.48% Fe2O3, 7.24% TiO2, 0.373% V2O5

o Including 43.7 m @ 42.74% Fe2O3, 7.11% TiO2, 0.230% V2O5

• Hole R-0066: 47.8 m @ 43.53% Fe2O3, 6.03% TiO2, 0.334% V2O5

o Including 23.3 m @ 52.52% Fe2O3, 7.58% TiO2, 0.428% V2O5

• Hole R-0067: 26.7 m @ 50.35% Fe2O3, 7.14% TiO2, 0.410% V2O5

• Hole R-0068: 29.0 m @ 51.26% Fe2O3, 7.47% TiO2, 0.425% V2O5

• Hole R-0069: 194.8 m @ 18.50% Fe2O3, 3.58% TiO2, 0.071% V2O5

• Hole R-0070: 47.2 m @ 20.49% Fe2O3, 2.18% TiO2, 0.120% V2O5

• Hole R-0071: 114.6 m @ 35.89% Fe2O3, 5.18% TiO2, 0.223% V2O5

o Including 34.9 m @ 46.21% Fe2O3, 7.03% TiO2, 0.314% V2O5

Michael Garagan, CGO & Director of SAGA Metals, commented:

“These eight drill holes continue to provide grade consistency that validates the significance of this

oxide system, these critical minerals track together. The ore body has a uniform core and defined

edges. In the heart of Trapper Zone we are intercepting high-grade oxide with up to 5 8% Fe2O3, 8%

TiO2 and 0.440% V2O5 across 100 to 300 metres. The significance is that we’ve been able to define

the shoulders while continuing to intersect long, continuous intervals of correlated titanium,

vanadium and iron. That is exactly what is required leading into a maiden resource. You have to define

both the high-grade core and the limits of the ore body, and these holes do both. ”

The results from these eight drill holes, R-0064, R-0065, R-0066, R-0067, R-0068, R-0069, R-0070 and

R-0071 continue to track the high-grade oxide system previously reported across the Trapper Zone,

while also highlighting where the system is strongest and where it steps out. Like previously reported

drill hole results , they demonstrate the consistency in grade and widths across the oxide

mineralization, underscoring the growing potential for a well defined and sizable mineral resource

that could create meaningful long-term value for SAGA shareholders.

Detailed Logging Highlights from Drill Hole R-0064 to R-0071

• Hole R-0064 (Cross-Section S12, Figure 3): Drill hole R-0064 is drilled on cross-section S12

with an azimuth of 218 and dipping -45°, with a total depth of 56 9 m. The oxide zone

intersected at 2 .0 m i s 396.6 m (true thickness 340 .0 m) consisting of 160.1 m of semi -

massive and 236.5 m of rhythmic layering oxide.

• Hole R-0065 (Cross-Section S11, Figure 2): Drill hole R-0065 is drilled on cross-section S11

with an azimuth of 218 and dipping -45°, with a total depth of 5 84 m. The oxide zone

intersected initially at 41.1 m is 121.7 m (true thickness 117.6 m) consisting of 4.2 m of semi-

massive and 117.4 m of rhythmic layering oxide and intersected again at 338.7 m spanning

233.4 m (true thickness 191.2 m) consisting of 61.3 m of semi -massive and 172.1 m of

rhythmic layering oxide.

• Hole R-0066 (Cross-Section N12, Figure 6): Drill hole R-0066 is drilled on cross-section N12

with an azimuth of 218 and dipping -45°, with a total depth of 320 m. The oxide zone

intersected initially at 52.2 m is 32.1 m (true thickness 32.1 m) consisting of 32.1 m of semi-

massive oxide and intersected again at 169.7 m spanning 93.7 m (true thickness 93.3 m)

consisting of 93.7 m of rhythmic layering oxide.

• Hole R-0067 (Cross-Section N12, Figure 6): Drill hole R-0067 is drilled on cross-section N12

with an azimuth of 38 and dipping -45°, with a total depth of 203 m. The oxide zone intersected

initially at 13.8 m is 19.2 m (true thickness 18.2 m) consisting of 19.2 m of rhythmic layering

oxide and intersected again at 48.5 m spanning 74.8 m (true thickness 71.1 m) consisting of

19.2 m of semi-massive and 55.6 m of rhythmic layering oxide.

• Hole R-0068 (Cross-Section N12, Figure 6): Drill hole R-0068 is drilled on cross-section N12

with an azimuth of 38 and dipping -65°, with a total depth of 263 m. The oxide zone intersected

at 31.5 m is 34.6 m (true thickness 17.6 m) consisting of 24.9 m of semi-massive and 9.9 m

of rhythmic layering oxide.

• Hole R-0069 (Cross-Section S13, Figure 4): Drill hole R-0069 is drilled on cross-section S13

with an azimuth of 218 and dipping - 60°, with a total depth of 221 m. The oxide zone

intersected at 105.7 m is 16.5 m (true thickness 10.6 m) consisting of 16.5 m of rhythmic

layering oxide.

• Hole R-0070 (Cross-Section N12, Figure 6): Drill hole R-0070 is drilled on cross-section N12

with an azimuth of 38 and dipping -45°, with a total depth of 221 m. The oxide zone intersected

at 36.0 m is 6.6 m (true thickness 6.6 m) consisting of 6.6 m of rhythmic layering oxide.

• Hole R-0071 (Cross-Section T04, Figure 5): Drill hole R-0071 is drilled on cross-section T04

with an azimuth of 38 and dipping -45°, with a total depth of 242 m. The oxide zone intersected

at 59.4 m is 101.6 m (true thickness 78.9 m) consisting of 46.4 m of semi-massive and 55.2

m of rhythmic layering oxide.

Figure 2: Cross section of S11 looking NW showing R-0012, R-0013, R-0014, R-0015, R-0051, R-0061 and R-

0065 highlighting an intercept of layering sequence with the 3D Magnetic Inversion of the 2025 Trapper Zone

ground magnetic survey. Assays shown for R-0012, R-0013, R-0014, R-0015, R-0051, R-0061 and R-0065.

Figure 3: Cross section of S12 looking NW showing R-0052, R-0053, R-0062 and R-0064, 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-0052, R-0053, R-0062 and R-0064.

Figure 4: Cross section of S13 looking NW showing R-0054, R-0055 and R-0069 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-0054, R-0055 and R-0069.

Figure 5: Cross section of T04 looking NW showing R-0071 and R-0073 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-0071. Assays are pending for R-0073.

Figure 6: Cross section of N12 looking NW showing R-0010, R-0066, R-0067, R-0068 and R-0070 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-0066, R-0067, R-0068 and R-0070. Assays for R-0010 are

shown on cross section N11 as reported previously, a portion of this hole is shown above as it intersections

cross section N12 briefly.