SAGA Metals intercepts 47.36% Fe2O3, 6.73% TiO2, 0.353% V2O5 at Radar

Vancouver, British Columbia--(Newsfile Corp. - August 17, 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 additional assay results from drill holes R-0061, -0062, and -0063 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 corridor 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 corridor validated over 29 km 2 , encompassing the Trapper Zone, Hawkeye Zone, and the new Falcon Zone.

To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/12336/309868_saga08172026fig1.jpg

Analytical results received for three (3) additional diamond drill holes (R-0061 to R-0063) from the MRE drill program initiated in Q4 2025, delivering consistent broad intercepts of oxide mineralization.

Key intercepts include:

Hole R-0061: 163.0 m @ 43.07% Fe2O3, 6.19% TiO2, 0.293% V2O5 Including 92.3 m @ 47.36% Fe2O3, 6.73% TiO2, 0.353% V2O5

Hole R-0062: 33.0 m @ 34.37% Fe2O3, 5.24% TiO2, 0.173% V2O5 Including 14.8 m @ 40.52% Fe2O3, 6.38% TiO2, 0.217% V2O5

Hole R-0063: 98.9 m @ 28.51% Fe2O3, 4.01% TiO2, 0.157% V2O5

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

"These latest results, highlighted by the significant 163-metre intercept in hole R-0061 averaging 43.07% Fe₂O₃, 6.19% TiO₂