SAGA Metals Mobilizes for Drilling at Radar Critical Minerals Project Targeting Completion of Maiden Mineral Resource Estimate

Core Viewpoint - SAGA Metals Corp. has mobilized its exploration team and equipment for a major diamond drill program at the Radar Titanium-Vanadium-Iron Project in southeastern Labrador, aiming for a maiden Mineral Resource Estimate [1][4]. Exploration Program Details - Drilling is set to commence on January 16, 2026, focusing initially on the southern section of the Trapper Zone, known as "Trapper South," with plans for approximately 30 holes totaling 7,500 meters [2][4]. - The drilling strategy includes holes spaced 100 meters apart, drilled at a 45° dip, with an average depth of around 150 meters to enhance confidence in the mineral resource model [7][8]. Drilling Highlights - Initial assays from the 2025 drilling program showed significant results, including: - R-0008: 269.36 m @ 36.21% Fe₂O₃, 6.57% TiO₂, 0.244% V₂O₅ - R-0009: 296.47 m @ 39.75% Fe₂O₃, 7.46% TiO₂, 0.25% V₂O₅ - 46.2% of samples > 7% TiO₂ and 23.2% of samples > 10% TiO₂ [8]. - The drilling program has shown a step-change in metrics from Trapper North to Hawkeye, with Fe₂O₃ increasing by 124%, TiO₂ by 105.9%, and V₂O₅ by 36.9% [8]. Structural Insights - The drilling on Section S-11 has provided critical structural information, confirming multiple instances of reverse faults and enhancing understanding of the Trapper South anomaly's geometry [10][15]. - The analysis indicates that two anomalies (East and West) were initially connected but have been separated by geological processes [10]. Property Overview - The Radar Property spans 24,175 hectares and includes the Dykes River intrusive complex, with confirmed oxide layering over more than 20 km of strike length [17][21]. - The project is positioned as a potential strategic supplier of titanium, vanadium, and iron to North American markets, comparable to global Fe–Ti–V systems [21][29]. Corporate Update - The company has entered into a debt settlement agreement to settle $178,750 in outstanding debt through the issuance of 275,000 common shares at a deemed price of $0.65 per share, aimed at preserving cash for exploration activities [24][25].