Alphabridge, based mostly in Vancouver, Canada, is a company finance advisory agency that companions with progress firms to ship strategic monetary management throughout mergers & acquisitions (M&A), capital elevating, valuation, and CFO companies. Along with its advisory observe, Alphabridge operates a devoted fairness analysis arm that focuses on offering impartial protection for firms working at pivotal levels of growth with vital progress potential. Alphabridge’s analysis is distributed by way of main institutional platforms, together with S&P Capital IQ, FactSet, AlphaSense, and Thomson Eikon, in addition to its publication with over 2,000 subscribers. Their protection of Saga Metals is anticipated to focus on the Firm’s strategic concentrate on its flagship Radar Ti-V-Fe Mission in Labrador, Canada, and its rising portfolio of crucial mineral property.
Their initiation report on Saga Metals, dated September 8, 2025, titled “Saga Metals Corp. (TSX.V: SAGA) – Initiating Protection – Effectively-Positioned for the Important Minerals Supercycle,” underscores the Firm’s potential to ship worth by way of its titanium-vanadium challenge.
The analysis report is accessible to view or to obtain from the agency’s web sites: https://alphabridge.co/download-saga-metals-equity-research-report/ or upon written request despatched to Alphabridge.
Alphabridge Group Inc.
Analyst: Vasant Jain, CFA
E mail: vasant@alphabridge.co
Web site: www.alphabridge.co
As well as, the analysis report can be disseminated by way of numerous third-party web sites and main institutional platforms as outlined above.
Traders are inspired to overview the stories for detailed insights into Saga Metals’ initiatives and progress technique. Alphabridge’s Initiation Analysis Report features a third-party impartial overview of Saga Metals, an Enterprise Valuation Evaluation and a Share Value Goal accomplished by Alphabridge’s analyst, Vasant Jain, CFA.
The opinions expressed within the Analysis Report referenced above are the true opinions of the analyst about Saga Metals and its trade. Any “forward-looking statements” are Alphabridge’s greatest estimates and opinions based mostly upon data that’s publicly obtainable and that analysts imagine to be right however haven’t independently verified with respect to fact or correctness. There is no such thing as a assure that the analyst’s forecasts will materialize. Precise outcomes will possible differ. The analyst and Alphabridge don’t personal any shares of Saga Metals, don’t make a market or supply shares on the market of Saga Metals, and don’t have any funding banking enterprise with Saga Metals. Though the Firm has paid a price to Alphabridge to subsidize the excessive prices of analysis and monitoring (simply as charges are paid to bond-rating businesses and auditors for his or her opinions), the Firm will not be liable for the content material, accuracy or timelines contained in an analyst’s report, and the price was not depending on the opinion supplied. As well as, readers needs to be conscious, and are cautioned, that opinions, estimates, or forecasts contained in analysis analyst stories usually are not topic to the necessities of Canadian Nationwide Instrument 43-101 “Requirements of Disclosure for Mineral Tasks” (“NI 43-101”) and haven’t obtained any endorsement or approval by Saga Metals. As such, Saga Metals doesn’t indicate or in any method signify that any of the stories, opinions, estimates, or forecasts concerning Saga Metals made by analysis analysts adjust to NI 43-101 or signify the opinions or beliefs of Saga Metals or its administration or representatives. Along with data filed by Saga Metals as discovered on SEDAR+ (www.sedarplus.ca), readers ought to solely check with the technical report(s) of Saga Metals referring to its initiatives for details about the initiatives ready in accordance with NI 43-101. Alphabridge takes steps to make sure independence, together with setting charges prematurely and using analysts who should abide by the CFA Institute Code of Ethics and Requirements of Skilled Conduct. Moreover, Alphabridge analysts might not commerce in any safety beneath protection. Alphabridge’s full editorial management of all analysis, timing of launch of the stories, and launch of legal responsibility for unfavourable stories are protected contractually. To additional guarantee independence, Saga Metals has agreed to a minimal protection time period together with an preliminary report and three updates. Protection can’t be unilaterally terminated.
Concerning the Radar Ti-V-Fe Mission in Labrador, Canada
The Radar Mission, situated 10 km from Cartwright in southeastern Labrador, covers 24,175 hectares and encompasses the Dykes River intrusive complicated, a Mesoproterozoic layered mafic intrusion much like globally vital AMCG suites. It resembles high-grade vanadiferous titanomagnetite (VTM) methods like China’s Panzhihua and Norway’s Tellnes deposits 1 , 2 . The challenge options a big oxide layering thickness spanning an inferred 20 km strike size, near-monomineralic VTM composition, and in depth tenures, positioning it as a doubtlessly globally vital VTM supply.
Determine 1: Radar Property map, depicting magnetic anomalies, oxide layering and the positioning of the 2025 drill program within the Hawkeye zone. The Property is nicely serviced by street entry and is conveniently situated close to the city of Cartwright, Labrador. A compilation of historic aeromagnetic anomalies is overlaid by ground-based geophysics as proven. SAGA has demonstrated the reliability of the regional airborne magnetic surveys after ground-truthing and drilling within the 2024 and 2025 discipline packages.
The Firm has accomplished a profitable yr of exploration actions, together with geophysical surveys, a maiden drill marketing campaign, geological mapping, petrographic evaluation, and strategic infrastructure upgrades, which have considerably superior the understanding of the property’s potential. The fruits of those actions has revealed that the oxide-rich layering is expressed as a magnetic excessive anomaly throughout a strike size of greater than 20 km, forming the core of exploration throughout the Hawkeye and Trapper zones.
Determine 2: Radar Mission’s potential oxide layering zone extends for an inferred 20 km strike size, 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 discipline packages. SAGA has demonstrated the reliability of the regional airborne magnetic surveys after ground-truthing and drilling within the 2024 and 2025 discipline packages .
SAGA’s 2025 Winter Drill Program at Radar:
Saga Metals accomplished a maiden 2,209-meter, seven-hole diamond drill marketing campaign within the Hawkeye Zone, guided by 3D magnetic inversion and VLF-EM outcomes. Drilling intersected broad zones of titanomagnetite-rich oxide layering with constant grades of TiO2, V2O5, and Fe. This system recognized a 300-400 m thick Decrease Cumulate Layer inside a 600 m examined thickness of layered gabbronorite, that includes interlayered gabbronorite and semi-massive to huge VTM bands. Highest V2O5 grades had been within the decrease 100-200 m, with length-weighted VTM averages of 20-35%, akin to financial ranges in related intrusions. Petrographic evaluation confirmed preserved magmatic textures, supporting a sturdy interpretation of their geochemistry. These findings have vital implications for potential metallurgical simplicity and restoration effectivity.
From our assay outcomes, we all know the titanomagnetite mineralization is accompanied by vanadium. Ilmenite is nearly solely current as inclusions in magnetite. Much like the Panzhihua deposit in China, VTM is anticipated to be recovered as a V-Ti-Fe focus. Panzhihua is the world’s largest single-site producer of Fe–Ti–V magnetite ore, leading to a major manufacturing quantity of 40–50% of world vanadium provide, making it #1 globally 2 . The vertical integration of its manufacturing is primarily targeted on the igneous layers of VTM.
Within the case of Saga’s Radar challenge, the content material of VTM is estimated from core observations and the modeling of the Hawkeye Zone 2025 drilling assay knowledge. Pending are metallurgical assessments to verify the recoverable VTM and grades of focus.
Hawkeye Zone – Important Drill Intersections
| Drill Gap | Interval Size (m) |
Common VTM (%) |
Most VTM (%) |
| R25-HEZ-01 | 263.5 | 25.90% | 35.16% |
| R25-HEZ-07 | 311.7 | 22.95% | 41.63% |
| R25-HEZ-04 | 208.5 | 29.59% | 35.20% |
| R25-HEZ-05 | 187.3 | 26.76% | 26.76% |
Most VTM relies on a few minimal 10 m interval
All intervals are throughout the Decrease Cumulate Layer
Desk 1: Decrease Cumulate Layer highlighting the size of VTM intersections.
| SUMMARY OF DRILLING RESULTS – 2024-25 WINTER PROGRAM – LENGTH WEIGHTED AVERAGES | |||||||||
| Hole_ID | From | To | Length_m | Fe (%) | Fe3O4 (%) |
TiO2 (%) |
V2O5 (%) |
Estimated VTM (%) |
VTM Behavior |
| R25-HEZ-01 | 4.5 | 268.0 | 263.5 | 17.53 | 24.20 | 3.66 | 0.17 | 25.90 | Evenly distributed mineralization |
| R25-HEZ-01 | 151.1 | 198.5 | 47.4 | 23.27 | 32.13 | 4.83 | 0.25 | 35.08 | Included Semi-Huge to Huge |
| R25-HEZ-01 | 206.0 | 218.7 | 12.7 | 23.38 | 32.29 | 4.74 | 0.26 | 35.16 | Included Semi-Huge to Huge |
| R25-HEZ-01 | 236.5 | 246.0 | 9.5 | 23.35 | 32.24 | 4.65 | 0.28 | 35.04 | Included Semi-Huge to Huge |
| R25-HEZ-02 | 1.5 | 62.2 | 60.7 | 14.29 | 19.73 | 3.24 | 0.10 | 20.94 | Intercumulus |
| R25-HEZ-02 | 39.5 | 62.2 | 22.7 | 15.13 | 20.90 | 3.43 | 0.10 | 22.30 | Intercumulus |
| R25-HEZ-02 | 122.5 | 300.0 | 177.5 | 12.49 | 17.25 | 3.86 | 0.07 | 19.04 | Intercumulus |
| R25-HEZ-03 | 4.0 | 149.0 | 145.0 | 14.69 | 20.28 | 3.13 | 0.10 | 21.38 | Intercumulus |
| R25-HEZ-04 | 4.5 | 98.8 | 94.3 | 13.85 | 19.12 | 2.96 | 0.10 | 20.05 | Intercumulus |
| R25-HEZ-04 | 99.6 | 308.0 | 208.5 | 19.92 | 27.51 | 3.99 | 0.22 | 29.59 | Intercumulus |
| R25-HEZ-04 | 222.0 | 272.2 | 50.2 | 23.40 | 32.32 | 4.54 | 0.29 | 35.02 | Included Semi-Huge to Huge |
| R25-HEZ-05 | 4.5 | 117.2 | 112.7 | 14.21 | 19.62 | 3.31 | 0.09 | 20.89 | Intercumulus |
| R25-HEZ-05 | 117.2 | 304.5 | 187.3 | 18.06 | 24.94 | 3.77 | 0.18 | 26.76 | Intercumulus |
| R25-HEZ-06 | 75.5 | 293.0 | 217.5 | 14.34 | 19.80 | 3.07 | 0.12 | 20.85 | Intercumulus |
| R25-HEZ-06 | 265.0 | 293.0 | 28.0 | 20.11 | 27.77 | 4.22 | 0.21 | 30.08 | Included Greater Grade |
| R25-HEZ-07 | 2.3 | 314.0 | 311.7 | 15.94 | 22.02 | 2.88 | 0.18 | 22.95 | Intercumulus |
| R25-HEZ-07 | 86.8 | 205.2 | 118.4 | 23.22 | 32.07 | 4.51 | 0.30 | 34.75 | Included Semi-Huge to Huge |
| R25-HEZ-07 | 225.7 | 236.0 | 10.3 | 27.55 | 38.05 | 5.34 | 0.38 | 41.63 | Included Semi-Huge to Huge |
| Intervals with >35% VTM = Semi-Huge to Huge VTM | |||||||||
| Intervals with >20% VTM = Intercumulus VTM, with some layers of semi-massive to huge VTM. | |||||||||
| Fe₃O₄ (%) is calculated as: Fe (%) × 1.381 | |||||||||
| VTM (%) is calculated utilizing: (Fe₃O₄ − 2.13) + TiO₂ + V₂O₅ | |||||||||
| Size is the core interval. True thickness are about 80% of the core interval. | |||||||||
Desk 2: Abstract of Saga Metals Radar Mission 2025 drill outcomes on the Hawkeye zone with VTM calculation & classification
SAGA’s 2025 Summer time Exploration Program at Radar:
Following drilling, Saga expanded geophysics within the Trapper and Northwest Zones, confirming a 3.3 km steady magnetic anomaly in Trapper with readings as much as 115,498 nT, open alongside strike. Infrastructure upgrades included clearing a logging street and constructing a 4 km entry path, enabling 504 sq. meters of trenching that uncovered semi-massive and big mineralization on the floor.
Determine 3: Radar Mission’s Trapper Zone depicting a 3 km magnetic anomaly and oxide layering development. The Trapper Path (in black) will assist a brand new diamond drilling program.
Neighborhood assist stays a cornerstone of the Firm’s operations in Labrador. In April 2025, the City of Cartwright issued an official letter of assist for SAGA and its ongoing exploration efforts at Radar. The Firm has maintained a collaborative relationship with native stakeholders and engaged neighborhood members immediately in discipline operations, exemplified by the involvement of Cartwright-based personnel in geophysical surveys and logistical operations. The city’s proximity to the challenge offers dependable all-season street entry, deep-water port amenities, a regional airport, and shut entry to hydroelectric energy infrastructure.
To strengthen technical governance and guarantee compliance with Nationwide Instrument 43-101 requirements, Saga appointed Paul J. McGuigan, P.Geo., because the Firm’s Impartial Certified Individual in June 2025. Mr. McGuigan brings over 5 many years of expertise in layered mafic intrusions, deposit modeling, QA/QC, and useful resource classification methodologies. His oversight has bolstered the integrity of the exploration strategy and helps the Firm’s technical reporting because it advances towards useful resource delineation.
Trying forward, Saga Metals is getting ready for an expanded drilling program on the Trapper Zone, knowledgeable by inversion modeling and floor trenching outcomes. The 2025 discipline campaigns will prioritize useful resource growth, metallurgy sampling, and structural mapping to assist a future mineral useful resource estimate.
Saga Metals Corp. stays dedicated to accountable exploration, robust neighborhood engagement, and the strategic growth of crucial metals that assist decarbonization and vitality safety.
Certified Individual
Paul J. McGuigan, P. Geo., is an Impartial Certified Individual as outlined beneath Nationwide Instrument 43-101 and has reviewed and permitted the technical data associated to the Radar Ti-V-Fe Mission disclosed on this information launch.
Saga Metals’ Company Video
Please discover beneath Saga Metals’ company video, produced by Pinnacle Digest, offering an summary of the Firm in addition to highlighting the important thing traits and developments of the Radar Titanium-Vanadium-Iron (Ti-V-Fe) Mission in Labrador, Canada.
A Media Snippet accompanying this announcement is accessible by clicking on this hyperlink.
_________________________
On Behalf of the Board of Administrators
Mike Stier, Chief Govt Officer
For extra data, contact:
Rob Guzman, Investor Relations
Saga Metals Corp.
Tel: +1 (844) 724-2638
E mail: rob@sagametals.com
www.sagametals.com
Neither the TSX Enterprise Alternate nor its Regulation Service Supplier (as that time period is outlined within the insurance policies of the TSX Enterprise Alternate) accepts accountability for the adequacy or accuracy of this launch.
Cautionary Disclaimer
This information launch comprises forward-looking statements throughout the that means of relevant securities legal guidelines that aren’t historic info. Ahead-looking statements are sometimes recognized by phrases akin to “will”, “might”, “ought to”, “anticipates”, “expects”, “believes”, and related expressions or the unfavourable 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 comprises forward-looking data pertaining to the exploration of the Firm’s Radar Mission. There may 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. Essential elements that would trigger precise outcomes to vary materially from the Firm’s expectations embrace, however usually are not restricted to, modifications 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 growth trade, notably given the early-stage nature of the Firm’s property, and the dangers detailed within the Firm’s steady disclosure filings with securities laws occasionally, obtainable beneath its SEDAR+ profile at www.sedarplus.ca. The reader is cautioned that assumptions used within the preparation of any forward-looking data 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 elements, a lot of that are past the management of the Firm. The reader is cautioned to not place undue reliance on any forward-looking data. Such data, though thought-about cheap 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 legislation.
Photographs accompanying this announcement are obtainable at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/1dc926db-43f0-490b-b7f9-695da9edd0fc
https://www.globenewswire.com/NewsRoom/AttachmentNg/7dd16130-dd8e-44ce-99a8-e4e965ca6065
https://www.globenewswire.com/NewsRoom/AttachmentNg/38ea2e6a-4521-4ad3-9d1b-4b60353c75fd
