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Saga Metals Corp. (“SAGA” or the “Firm”) (TSXV: SAGA,OTC:SAGMF) (OTCQB: SAGMF) (FSE: 20H) a North American exploration firm advancing important mineral discoveries, is happy to announce the profitable completion of diamond drilling within the Trapper South zone comprised of 977 m in 4 diamond drill holes. The Trapper North and South zone drilling is situated on two cross-sections throughout an intensive floor magnetic anomaly that stretches over 3 km.
Highlights
- Section 1 & 2 have confirmed intensive oxide mineralization in all drill places validating the whole 3+ km magnetic anomaly throughout the Trapper zone.
- Completion of those preliminary phases of the 2025-2026 mineral useful resource estimate drill program has additional validated about 16 km of the oxide development that extends from the Hawkeye zone to the Trapper North zone.
- Trapper South: R-0012, -0013, -0014, and -0015 are situated on drill part S-9 and intercepted a steady rhythmic oxide layering throughout the complete width of the magnetic anomaly.
- Trapper North: R-0008, -0009, and -0010 on drill part N-11 transected the magnetic anomaly and demonstrated a possible structural repetition of the cumulate oxide layers dominated by semi-massive to large cumulate oxides , confirming the robust magnetic response.
- The deliberate 15,000 m mineral useful resource estimate drill program is funded marked by the current closing of the Firm’s $6M oversubscribed brokered LIFE Providing .
“We’re thrilled with the momentum constructing at Saga Metals as we mark the profitable completion of Phases 1 and a couple of of our mineral useful resource estimate drill program, the place we examined each the North and South targets throughout the Trapper zone and encountered intensive oxide mineralization in any respect eight drill places,” said Michael Garagan, CGO & Director, Saga Metals. “This achievement, mixed with finalizing the most important capital increase in our Firm’s historical past, has positioned us to advance by way of what’s undoubtedly probably the most important drill program we have ever undertaken. Drilling in Trapper North and South have validated the 2025 floor magnetic survey and gives a template for future definition drilling of the zone. A full 3 km of strike is now open for follow-up drilling throughout widths of as much as 400 m. These milestones not solely validate our strategic imaginative and prescient but in addition gasoline our enthusiasm for unlocking the complete potential of our belongings and delivering substantial worth to our shareholders.”
Determine 1: Location of the Section 1 and Section 2 of Fall 2025 Drilling at Trapper Zone, exhibiting the TMI of the 2025 Trapper Zone floor magnetic survey.
Determine 2: Picture of drill core from gap R-0014 highlighting the constant and intensive rhythmic oxide layering.
Trapper South Abstract
All 4 holes of cross-section S-9, totalling 977 meters, have now been drilled in Trapper South. Logging remains to be in progress with respect to drill holes R-0014 & R-0015 with ultimate logs obtainable throughout the subsequent week. Each holes continued to intercept rhythmic oxide layering, and the workforce expects to report on the lithological observations and the construction’s width within the coming days.
Drill holes R-0012 & R-0013 intersected important oxide layering. R-0012 clipped the japanese facet of the principle oxide layering with a cumulative 59.88 m of rhythmic oxide layering and 13.67 m of Intercumulus oxides. R-0013 intersected a cumulative 174.87 m of oxide comprised of 135.87 m of rhythmic oxide layering and 39 m of intercumulus oxides.
Determine 3 beneath depicts the spectacular intercept of oxide throughout the principle magnetic anomaly throughout the Trapper South zone, with a major width that’s solely half the overall width of the multiple-layered sequence of the Trapper South anomalies.
Determine 3: Cross-Part S-9 exhibiting R-0012, -0013, -0014 and -0015 with the 3D Magnetic Inversion of the 2025 Trapper Zone floor magnetic survey. Logging of R-0014 & -0015 oxide mineralization items will likely be accomplished within the coming days. Extra targets lie SW of the collar of R-0015.
Trapper North Abstract
Section 1 of drilling within the Trapper North Zone focused a powerful magnetic anomaly delineated within the 2025 floor geophysical survey. The anomaly traces the form of an obvious fold construction. Drilling fences are oriented to cross the fold construction at proper angles, with drilling instructions of largely N038°E. A complete of 1,073 m of drilling has been accomplished in 4 diamond drill holes.
Drilling on Part N-11, in diamond drill holes R-0008, -0009, and -0010, demonstrated variations within the structural angle that map an open anticline within the semi-massive to large oxides. The distinctive thickness of the oxide items on Part N-11 is partly because of the structural repetition of the items. A mylonitic shear zone occupies the axial airplane of the fold. Considerably, this drilling examined each the SW and NE limbs of the fold construction and was dominated by semi-massive to large cumulate oxides, confirming the robust magnetic response.
The primary 420 samples embrace 202 from the entire R-0008 drill gap and 218 from the entire R-0009 drill gap. All samples have been acquired by the lab, and assay outcomes are anticipated within the subsequent few weeks.
Determine 4: Cross-Part N-11 exhibiting R-0008, -0009, -0010 and -0011 with the 3D Magnetic Inversion of the 2025 Trapper Zone floor magnetic survey.
Drill Program Aims:
Section 1 and a couple of geared toward garnering early structural, geometrical and mineralogical info in each the North and South Trapper zones in This autumn 2025 to set the stage for the rest of SAGA’s sturdy 2026 maiden useful resource estimate.
The Trapper Zone drill marketing campaign will goal:
- Grade continuity throughout a 3 km strike size.
- Oxide layering widths and continuity to true depths of about 200 meters.
- Integration of structural insights from trenching and drilling into collar orientation and drill design.
- Interpretation of grades, widths and buildings earlier than initiating the detailed grid and drill sections in 2026 for an indicated mineral useful resource estimate.
Accomplished thus far:
- Testing of each the North and South sections of the Trapper zone with preliminary drilling of two,050 meters in 8 holes has been accomplished as deliberate earlier than the December break.
- Affirmation of in depth oxide mineralization in any respect drill places validating the whole 3+ km strike throughout the Trapper zone.
- Drilling has been complemented by metallurgical sampling by way of the winter, with core from the Hawkeye zone (outcomes anticipated within the coming weeks) and additional metallurgical sampling will proceed with core from the Trapper zone beginning in Q1 2026.
Determine 5: Radar Challenge’s Trapper Zone depicting a 3+ km Whole Magnetic Depth (TMI) anomaly from the 2025 floor survey and the oxide layering development. The Trapper Path (in black) would be the goal of the deliberate 15,000 m diamond drilling program geared toward establishing Saga’s maiden mineral useful resource estimation.
The Radar Property spans 24,175 hectares and hosts the whole Dykes River intrusive advanced (~160 km²), a novel place amongst Western explorers. Geological mapping, geophysics, and trenching have already confirmed oxide layering throughout greater than 20 km of strike size, with mineralization open for growth.
Vanadiferous titanomagnetite (“VTM”) mineralization at Radar is akin to world Fe–Ti–V techniques equivalent to Panzhihua (China), Bushveld (South Africa), and Tellnes (Norway), positioning the Challenge as a possible strategic future provider of titanium, vanadium, and iron to North American markets.
Determine 6: Radar Challenge’s potential oxide layering zone validated over ~16 km strike size by way of Fall 2025 drilling, as proven on a compilation of historic airborne geophysics in addition to ground-based geophysics within the Hawkeye and Trapper zones accomplished by SAGA within the 2024/2025 subject packages. SAGA has demonstrated the reliability of the regional airborne magnetic surveys after ground-truthing and drilling within the 2024 and 2025 subject packages .
Company Replace
Additional to the Firm’s October 10, 2025 information launch, the Firm additionally needs to announce that it has elevated the utmost funds of its October 10, 2025 engagement with i2i Advertising and marketing Group, LLC (” i2i “) for the continued provision of a variety of company advertising and investor consciousness companies, together with, however not restricted to, content material creation administration, writer sourcing, undertaking administration and media distribution, by an extra US$250,000. The companies are anticipated to run till the tip of January 2026, or till funds exhaustion. No securities have been offered to i2i or its principals as compensation.
Certified Individual
Paul J. McGuigan, P. Geo., is an Unbiased Certified Individual as outlined below Nationwide Instrument 43-101 and has reviewed and accepted the technical info disclosed on this information launch.
About Saga Metals Corp.
Saga Metals Corp. is a North American mining firm centered on the exploration and discovery of a diversified suite of important minerals that help the North American transition to provide safety. The Radar Titanium Challenge contains 24,175 hectares and completely encloses the Dykes River intrusive advanced, mapped at 160 km² on the floor close to Cartwright, Labrador. Exploration thus far, together with a 2,200m drill program, has confirmed a big and mineralized layered mafic intrusion internet hosting vanadiferous titanomagnetite (VTM) with robust grades of titanium and vanadium.
The Double Mer Uranium Challenge, additionally in Labrador, covers 25,600 hectares that includes uranium radiometrics that spotlight an 18km east-west development, with a confirmed 14km part producing samples as excessive as 0.428% U3O8 and uranium uranophane was recognized in a number of areas of highest radiometric response (2024 Double Mer Technical Report).
Moreover, SAGA owns the Legacy Lithium Property in Quebec’s Eeyou Istchee James Bay area. This undertaking, developed in partnership with Rio Tinto, has been expanded by way of the acquisition of the Amirault Lithium Challenge. Collectively, these properties cowl 65,849 hectares and share important geological continuity with different main gamers within the space, together with Rio Tinto, Winsome Sources, Azimut Exploration, and Loyal Metals.
With a portfolio that spans key commodities essential for the clear vitality future, SAGA is strategically positioned to play an important position in important mineral safety.
On Behalf of the Board of Administrators
Mike Stier, Chief Government Officer
For extra info, contact:
Rob Guzman, Investor Relations
Saga Metals Corp.
Tel: +1 (844) 724-2638
Electronic mail: rob@sagametals.com
www.sagametals.com
Neither the TSX Enterprise Change nor its Regulation Service Supplier (as that time period is outlined within the insurance policies of the TSX Enterprise Change) accepts duty for the adequacy or accuracy of this launch
Cautionary Disclaimer
This information launch accommodates forward-looking statements throughout the which means of relevant securities legal guidelines that aren’t historic information. Ahead-looking statements are sometimes recognized by phrases equivalent to “will”, “might”, “ought to”, “anticipates”, “expects”, “believes”, and comparable expressions or the adverse of those phrases or different comparable terminology. All statements apart from statements of historic truth, included on this launch are forward-looking statements that contain dangers and uncertainties. Particularly, this information launch accommodates forward-looking info pertaining to the Firm’s Radar Challenge and different company initiatives together with market consciousness contracts. There will be no assurance that such statements will show to be correct and precise outcomes and future occasions might differ materially from these anticipated in such statements. Necessary components that might trigger precise outcomes to vary materially from the Firm’s expectations embrace, however should not restricted to, adjustments within the state of fairness and debt markets, fluctuations in commodity costs, delays in acquiring required regulatory or governmental approvals, environmental dangers, limitations on insurance coverage protection, inherent dangers and uncertainties concerned within the mineral exploration and improvement trade, notably given the early-stage nature of the Firm’s belongings, and the dangers detailed within the Firm’s steady disclosure filings with securities rules every now and then, obtainable below its SEDAR+ profile at www.sedarplus.ca. The reader is cautioned that assumptions used within the preparation of any forward-looking info might show to be incorrect. Occasions or circumstances might trigger precise outcomes to vary materially from these predicted, on account of quite a few identified and unknown dangers, uncertainties, and different components, a lot of that are past the management of the Firm. The reader is cautioned to not place undue reliance on any forward-looking info. Such info, though thought of affordable by administration on the time of preparation, might show to be incorrect and precise outcomes might differ materially from these anticipated. Ahead-looking statements contained on this information launch are expressly certified by this cautionary assertion. The forward-looking statements contained on this information launch are made as of the date of this information launch and the Firm will replace or revise publicly any of the included forward-looking statements solely as expressly required by relevant regulation.
Photographs accompanying this announcement can be found at
https://www.globenewswire.com/NewsRoom/AttachmentNg/836c5cc6-dd49-437b-a26c-63882305e983
https://www.globenewswire.com/NewsRoom/AttachmentNg/74ccc26a-f307-4577-84fa-4954feb37a1e
https://www.globenewswire.com/NewsRoom/AttachmentNg/5e1c9022-de0a-45b8-ad14-6116a512ed24
https://www.globenewswire.com/NewsRoom/AttachmentNg/097be762-a6d9-4631-9679-a6c46bdc0b8f
https://www.globenewswire.com/NewsRoom/AttachmentNg/404acf6f-4eb0-4e1d-8903-8caac8a9eddc
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