SAGA Metals confirms significant magnetic anomaly at Radar critical minerals project, Labrador

Vancouver, British Columbia--(Newsfile Corp. - May 21, 2026) - SAGA Metals Corp. (TSXV: SAGA) (OTCQB: SAGMF) (FSE: 20H) ("SAGA" or the "Company") , a North American exploration company focused on critical mineral discoveries, is pleased to report initial results from a helicopter-borne Full Tensor Magnetic Gradiometry ("FTMG") survey completed by Dias Airborne Limited ("Dias") using Dias's QMAGT system over the central oxide-layering corridor of the 100%-owned Radar Titanium-Vanadium-Iron Project near Cartwright, Labrador. The QMAGT survey was completed April 27-28, 2026 and provides the Company's highest-resolution magnetic dataset to date over the central oxide layers of the Dykes River Intrusive Complex. The data are interpreted to image internal magnetic layering, the Trapper North antiformal geometry, and a continuous magnetic trend along the southern limb from the drill-tested Trapper South area toward the untested Falcon Zone.

Michael Garagan, Chief Geological Officer & Director, commented: "The QMAGT survey materially improves our understanding of the geometry and continuity of the magnetic oxide-layering at Radar. Most importantly, it provides a clearer basis for prioritizing the remaining MRE drilling at in the Trapper Zone as well as follow-up drilling in Hawkeye and Falcon Zones. The main magnetic anomaly stands out at a size that now compares directly, at scale, with the world's largest titanium-vanadium deposits using only its surface expression.

When you factor in the substantial true thickness of high-grade oxide mineralization we're intersecting in our drill program, the project's potential becomes even more compelling. While drilling is required to confirm the source, grade, and thickness of the new anomalies, the survey gives us a stronger structural and geophysical framework for the next phase of exploration." Figure 1: Dias QMAGT vertical gradient (Bzz) image of the central Dykes River Intrusive Complex . SAGA diamond drill hole collars (whi