NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSMINATION IN THE UNITED STATES. VANCOUVER, British Columbia, Sept. 30, 2025 (GLOBE NEWSWIRE) -- SAGA Metals Corp. ("SAGA" or the "Company") (TSXV: SAGA) (OTCQB: SAGMF) (FSE: 20H), a North American exploration company focused on critical minerals, is pleased to announce that it intends to complete a financing by way of a non-brokered private placement for aggregate gross proceeds of up to C$2,988,000 (collectively, the “Offering”) comprised of: (i) 7, ...

Key Highlights: Crew mobilization is underway to support a 15,000-metre drill program at the Radar Ti-V-Fe Project in Labrador, Canada.Drilling is focused on advancing the Trapper Zone’s 3+ km strike toward a maiden MRE highlighting titanium, vanadium, and iron ore—critical minerals for the global energy transition.Ongoing site work includes trench mapping, surveying, and full camp establishment to optimize drill execution.Infrastructure is in place with new access trails along the oxide layering strike thr ...

Core Insights - SAGA Metals Corp. has made significant advancements in its 2025 program, including a detailed mineralogical and geological study and progress in on-site exploration at the Radar Titanium-Vanadium-Iron Project, indicating its potential as a strategic critical metals project in North America [1][2][3] Company Developments - The Radar Property spans 24,175 hectares and includes the Dykes River intrusive complex, which is approximately 160 km² in size, with excellent infrastructure such as all-season road access and a nearby deep-water port [2][28] - A detailed study by Dr. Al Miller confirmed the presence of thick titanomagnetite-rich oxide layers containing titanium dioxide (TiO₂), vanadium pentoxide (V₂O₅), and iron (Fe) [7][17] - The 2025 drill program included seven diamond drill holes totaling approximately 2,200 meters, confirming the mineralization of the Lower Cumulate Layer [7][10] Geological Insights - The Grenville-age mafic layered intrusions in Québec and Labrador represent an underdeveloped resource province for titanium, vanadium, and iron, comparable to major global deposits [3] - Geological mapping and surveys have identified oxide layering across more than 20 km of strike length, with mineralized zones open for expansion [4][20] - The Lower Cumulate Layer has been identified as promising, with significant thickness and high-grade intervals of vanadiferous titanomagnetite [12][16] Drilling Results - Key drilling results include: - HEZ-07: 20.2 meters grading 31.35% Fe, 6.32% TiO₂, and 0.435% V₂O₅ - HEZ-01: 31.5 meters grading 25.95% Fe, 5.34% TiO₂, and 0.28% V₂O₅ - HEZ-04: 50 meters grading 24.49% Fe, 4.74% TiO₂, and 0.305% V₂O₅ [11][12] - The average vanadiferous titanomagnetite (VTM) grades from the drill holes range from 20% to 35%, indicating economic potential [16] Metallurgical Insights - Dr. Miller's report provides insights into the mineralization of the targeted oxide layers, which will inform metallurgical testing at IGS Laboratories [17] - The presence of vanadium in solid solution within magnetite-titanomagnetite presents an opportunity for recovery alongside titanium [18] Future Plans - SAGA plans to conduct a follow-up drill program of 10,000–15,000 meters focused on the Trapper Zone, alongside expanded metallurgical testing [22] - The company aims to leverage its robust infrastructure and significant mineralization to position the Radar Project as a major titanium-vanadium deposit in North America [22][23]

Core Insights - SAGA Metals Corp. has received initiation of equity analyst coverage by Alphabridge Group Inc., highlighting its strategic focus on critical minerals and the potential of its flagship Radar Ti-V-Fe Project in Labrador, Canada [2][4][6] Company Overview - SAGA Metals Corp. is a North American exploration company focused on critical mineral discovery, particularly titanium, vanadium, and iron [2][4] - The company has established a collaborative relationship with local stakeholders in Labrador, ensuring community support for its operations [24] Analyst Coverage - Alphabridge Group Inc. specializes in small and mid-cap companies and has initiated coverage on SAGA with an outperform rating [2][3] - The research report includes an independent review, enterprise valuation analysis, and share price target [6][4] Radar Ti-V-Fe Project - The Radar Project covers 24,175 hectares and is located 10 km from Cartwright in southeastern Labrador, featuring significant geological formations similar to globally recognized deposits [9][10] - The project has demonstrated a magnetic high anomaly across a strike length of over 20 km, indicating potential for significant mineral resources [10][13] Exploration Activities - SAGA completed a successful 2025 Winter Drill Program, with a total of 2,209 meters drilled, revealing broad zones of titanomagnetite-rich oxide layering with consistent grades of TiO2, V2O5, and Fe [14][17] - The drilling results indicated VTM averages of 20-35%, comparable to economic ranges in similar intrusions [14][15] Future Plans - The company is preparing for an expanded drilling program at the Trapper Zone, focusing on resource expansion and metallurgical sampling [27][26] - SAGA aims to strengthen technical governance by appointing an Independent Qualified Person to ensure compliance with National Instrument 43-101 standards [26][27]

Core Viewpoint - SAGA Metals Corp. is advancing its Radar Titanium-Vanadium-Iron Project in Labrador, Canada, showcasing significant exploration results and community support, positioning itself as a key player in the critical minerals sector [1][30]. Group 1: Project Overview - The Radar Project spans 24,175 hectares and is located approximately 10 km from Cartwright, Labrador, encapsulating the Dykes River intrusive complex, which has geological similarities to significant global deposits [4][30]. - The project has shown potential to become a globally significant vanadiferous titanomagnetite (VTM) project due to its large oxide layering thickness and extensive mineral tenures [4][30]. Group 2: Exploration Activities - SAGA has completed a successful year of exploration, including geophysical surveys, a maiden drill campaign, geological mapping, and strategic infrastructure upgrades, revealing a magnetic high anomaly across a strike length of over 20 km [5][6]. - The 2025 winter drill program included a 2,209-meter, seven-hole diamond drill campaign in the Hawkeye Zone, intersecting broad zones of titanomagnetite-rich oxide layering with consistent grades of titanium dioxide (TiO2), vanadium pentoxide (V2O5), and iron (Fe) [7][10]. Group 3: Drill Results - Significant drill intersections in the Lower Cumulate Layer showed average VTM percentages ranging from 20% to 35%, indicating economic mineralization potential [14][17]. - Drill hole results included maximum VTM percentages of 41.6% in R25-HEZ-07 and 35.2% in R25-HEZ-01, with notable thicknesses of mineralization [10][14]. Group 4: Community and Infrastructure - The Town of Cartwright has issued an official letter of support for SAGA's exploration efforts, highlighting the company's collaborative relationship with local stakeholders [23]. - SAGA has undertaken infrastructure initiatives, including the construction of a 4 km access trail across the Trapper Zone, facilitating efficient exploration and drilling programs [20][22]. Group 5: Future Plans - SAGA is preparing for an expanded drilling program at the Trapper Zone, focusing on resource expansion, metallurgy sampling, and structural mapping to support future mineral resource estimates [26][30]. - The company aims to leverage its exploration results to enhance its position in the critical minerals market, supporting the global transition to green energy [28][30].

Core Insights - SAGA Metals Corp. has confirmed a 3 km continuous magnetic anomaly in the Trapper zone, indicating significant exploration potential [1][2][10] Geophysical Survey Findings - A ground-based magnetic survey conducted in July 2025 revealed strong magnetic responses, with readings reaching as high as 115,498 nT in the northern Trapper zone and over 113,000 nT in the southern Trapper zone [6][10] - The survey utilized a grid of N-S lines spaced 50 m apart, with observations made at stations spaced 20 m apart, mapping a distinct NW trend of magnetic highs [4][5] Trapper Zone Characteristics - The Trapper zone exhibits a strike length and width comparable to notable other projects, with a potential 20 km oxide layer strike suggested by the continuity of oxide layering [2][10] - Excavator trenching has exposed semi-massive to massive vanadiferous titanomagnetite (VTM) mineralization over a total of 504 m, confirming the magnetic responses [9][10] Project Infrastructure and Support - The Radar Titanium Project, covering 24,175 hectares, is well-supported by existing infrastructure, including road access, a deep-water port, and nearby hydroelectric power [14][15] - The project has received government support under the JEA 2025 program, with up to $143,949 in non-dilutive funding approved to offset exploration costs [17] Future Exploration Plans - A 15,000-meter drill program is planned to establish a maiden drill-indicated mineral resource, leveraging the large oxide layers and upgraded infrastructure within the Trapper zone [16] - The exploration potential of the 20 km long arcuate response of the regional aeromagnetic has been confirmed through geophysical surveys and trenching [10][19]

Core Insights - SAGA Metals Corp. has completed a 4 km access trail in the Trapper zone, facilitating future drilling and exploration activities [1] - The Radar Titanium Project, covering 24,175 hectares, is strategically located near existing infrastructure, enhancing its exploration potential [2] - The project shows promise to become a globally significant vanadiferous titanomagnetite (VTM) project due to its large oxide layering and mineral tenures [3] Infrastructure Development - The 2025 summer field program included maintenance of the Cartwright Forest Service road, construction of a drill rig-compatible access trail, and trenching in the Trapper and Hawkeye zones [5][7] - A total of 504m (5,425ft) of VTM mineralization was exposed through trenching across the Trapper zone, indicating significant mineral presence [10] - The access trail and road maintenance enhance logistical efficiency for future exploration campaigns [12] Geophysical Surveys - Strong magnetic detection levels were reported over the Trapper zone anomalies, with readings exceeding 115,498 nT in the northern anomaly and over 113,000 nT in the southern anomaly [15] - The geophysical team is working to complete additional survey lines, which will be reported in future releases [16] Future Plans - SAGA aims to conduct a 10,000-15,000-meter drill program over the next 12 months, targeting a maiden resource calculation [17] - The company anticipates a reduction in drilling costs to approximately $300-$350 per meter due to infrastructure upgrades [17]

Core Insights - SAGA Metals Corp. has reported significant advancements in its exploration campaign at the Radar Project in Labrador, Canada, indicating geological similarities to the Panzhihua VTM operation in China, which is responsible for over 40% of global vanadium production [1][2][22]. Exploration Results - The Radar Project features a large oxide layering thickness and a near-monomineralic VTM composition, suggesting its potential to become a globally significant VTM project [2][21]. - The drilling program involved 2,209 meters of drilling and 2,943 assay samples, revealing a highly prospective Lower Cumulate Layer with a vanadium-rich basal layer [4][5][18]. - The mineralogy of the Radar Project is noted to be cleaner and coarser than most VTM deposits, with vanadium content comparable to Panzhihua [3][12]. Geological Context - The Radar Property spans 24,175 hectares and is well-supported by existing infrastructure, including road access and a deep-water port [6][29]. - The Dykes River Intrusive Complex, which the Radar Project encompasses, is recognized for hosting significant titanium-vanadium-iron oxide-bearing deposits [7][21]. Drilling and Assay Data - The Lower Cumulate Layer has been identified with thicknesses ranging from 300 to 400 meters, with the highest V2O5 assays located in the lower 100-200 meters [10][23]. - Significant drill intersections have been recorded, with length-weighted average grades of VTM ranging from 22.95% to 29.59% [13][23]. Future Plans - SAGA Metals plans to conduct further delineation drilling and initiate metallurgical testing in 2025, aiming to establish the Radar Project as a strategic candidate for domestic titanium, vanadium, and pig iron production [27][30]. - The company aims to leverage its proximity to infrastructure and strong mineralogy to enhance its position in the critical minerals market [27][34].

Core Insights - SAGA Metals Corp. has confirmed significant oxide mineralization in the northwest section of its 100% owned Radar Titanium Property, building on historical drilling data from 1996 [1][3][20] Exploration and Geophysical Survey - The northwest zone of the Radar Property has shown promising results from a recent magnetic survey, indicating exceptional oxide layering with magnetic highs up to 55,000 nT [7][11] - Historical drilling in the area revealed high concentrations of iron oxide (Fe2O3) and titanium dioxide (TiO2), with notable samples showing 40.27% Fe2O3 and 7.73% TiO2 [2] - The geophysical results suggest that the oxide layering could extend significantly beyond the current 20 km inferred strike length [3][8] Project Overview - The Radar Property spans 24,175 hectares and is strategically located 10 km from Cartwright, Labrador, benefiting from robust infrastructure including road access and a deep-water port [4][20] - The Dykes River intrusive complex, which the Radar Property encloses, is recognized for its titanium-vanadium-iron rich layers, drawing comparisons to large AMCG-type intrusions [5][20] Drilling and Mineralization - The 2025 winter drill program has confirmed the presence of vanadiferous titanomagnetite with significant grades, including notable intercepts such as 20.2 meters grading 31.35% Fe, 6.32% TiO2, and 0.435% V2O5 [25] - Current drilling has only tested a fraction (1/40th) of the identified oxide layering zone, indicating substantial potential for further exploration [25] Infrastructure and Access - SAGA's ground crews have successfully cleared access trails to enhance logistical efficiency for exploration activities across the property [13][14] - The ongoing road maintenance and access trail construction aim to facilitate direct access to key exploration zones, improving overall exploration capacity [14]

Core Insights - SAGA Metals Corp. has appointed Peter Hogendoorn to its Board of Advisors, enhancing its strategic vision in critical minerals exploration [1][3] - The company has entered into an investor relations agreement with Xander Capital Partners to improve market awareness and shareholder engagement [4][5] Appointment of Peter Hogendoorn - Peter Hogendoorn brings over 30 years of experience in financing junior mining and technology companies, having founded Wrenswood Capital Corp. [2] - He successfully raised $16 million for the Sage Plains potash discovery well, noted as the richest in history [2] - Currently, he is the CEO of Sage Potash Corp., where he has advanced initial production plans of 150,000 tons per year [2] Strategic Vision and Comments - The CEO of SAGA Metals expressed excitement about Hogendoorn's appointment, highlighting his experience aligns with the company's mission to advance critical mineral projects, particularly the Radar Titanium project in Labrador [3] - Hogendoorn emphasized the opportunity for local job creation and wealth generation through the development of critical minerals, addressing import dependence in Western economies [3] Investor Relations Engagement - The agreement with Xander Capital Partners is for an initial period of 12 months, with the potential for extension [4] - Xander will provide services including brand awareness, introductions to industry partners, and digital marketing, for a monthly fee of USD $10,000 and 700,000 stock options [5][6] - Xander Capital Partners has a strong track record, having worked with public companies and is expected to elevate SAGA's capital markets profile [6] Company Overview - SAGA Metals Corp. focuses on the exploration of critical minerals essential for the transition to green energy, with significant projects including the Radar Titanium Project and the Double Mer Uranium Project in Labrador [8][9] - The Radar Titanium Project spans 24,175 hectares and has confirmed a large mineralized layered mafic intrusion with strong titanium and vanadium grades [8] - The company also owns the Legacy Lithium Property in Quebec, expanded through the acquisition of the Amirault Lithium Project, covering a total of 65,849 hectares [10]