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
  • Including 71.9 m @ 43.47% Fe2O3, 6.60% TiO2, 0.273% V2O5
  • 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
  • Including 65.8 m @ 49.48% Fe2O3, 7.24% TiO2, 0.373% V2O5
  • 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
  • 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
  • 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 58% 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 569 m. The oxide zone intersected at 2.0 m is 396.6 m (true thickness 340.0 m) consisting of 160.1 m of semimassive 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 584 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 semimassive 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 semimassive 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.

Figure 7: Trapper Zone plan view map outlining location of the MRE drill program completed to date, including cross-sections S04-S13 in Trapper South, T01-T06 in Trapper Transition, and N6-N12 in Trapper North showing the TMI of the 2025 Trapper Zone ground magnetic survey.

Trapper Zone Assay Highlights

These results now bring the total MRE drill results to sixty-four (64) diamond drill holes received to date. As reported previously, analytical results from these sixty-four (64) diamond drill holes (Table

1) of the MRE drill program include: