The Garneau Titanium Project Features Ilmenite-Rich Boulder with Grab-Sample Assays of 65.1% Fe₂O₃, 32.4% TiO₂, and 2,260 ppm VanadiumVANCOUVER, British Columbia, March 26, 2026 (GLOBE NEWSWIRE) -- 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 announce that it has completed the acquisition (the “Acquisition”) from Rio Tinto Exploration Canada Inc (“RTEC”) of a 100% interest in th ...

Core Insights - NioCorp Developments Ltd (NASDAQ:NB) is recognized as a promising investment in the rare earth sector, particularly following the groundbreaking of its Elk Creek Critical Minerals Project in Nebraska [1][2] Group 1: Project Development - The Elk Creek Project aims to produce niobium, scandium, titanium, and rare earth elements, with the initial focus on constructing the main entrance portal for the underground mine [1][2] - The portal construction represents a significant investment of nearly $44.6 million, marking the transition of the project from planning to the development phase [3] - The company has successfully raised $500 million in capital investments from 2025 to date, facilitating more intensive advancement of the Nebraska project [3] Group 2: Future Outlook - NioCorp's 2025 year review report indicates that progress made in 2025 has strengthened the foundation of the Elk Creek Project, with 2026 anticipated to be a pivotal year for construction and commercial operation [4] - The company is focused on producing critical minerals, including rare earth elements, and aims to incorporate recycling of post-consumer products into its operations [5]

Summary of Space Metals: The Critical Minerals Enabling the Space Economy Industry Overview - The focus is on the space economy, particularly the critical metals required for the rocket and satellite industry, highlighting the potential supply constraints that could impact growth [1][2] Key Insights - **Supply Chain Challenges**: The supply of critical metals is concentrated and geopolitically sensitive, posing risks as demand for rockets and spacecraft increases. The industry may face bottlenecks in securing necessary materials [2][4] - **Launch Activity Growth**: In 2025, there were 330 orbital launch attempts, a 26% increase year-over-year. The cumulative number of objects launched into space rose by 136% from 2020 to 2025 [2][7] - **Metal Demand**: Approximately 7,000 metric tons of metals were required for spacecraft launched in 2025, which is modest compared to global metal demand but critical due to the specialized nature of these materials [2][9] Critical Metals Categories 1. **Structural Metals**: - Key Metals: Aluminum, Titanium, Steel/Iron, Vanadium, Chromium - Used in primary structures, tanks, and load-bearing components [15][36] 2. **High-Temperature Metals**: - Key Metals: Tungsten, Nickel, Cobalt, Rhenium, Niobium, Hafnium, Platinum - Essential for propulsion systems and rocket engines [17][69] 3. **Power & Electronics**: - Key Metals: Gallium, Arsenic, Copper, Tantalum, Gold, Silver - Used in electrical systems and solar cells [17] 4. **Optics & Sensors**: - Key Metals: Beryllium, Germanium - Critical for optical and sensing systems [17] 5. **Rare Earths/Permanent Magnets**: - Key Metals: Samarium, Neodymium, Dysprosium, Praseodymium, Terbium - Important for electric motors and guidance systems [17] Notable Companies in Space Metals - **Rhenium**: Major producers include Molibdenos y Metales (Chile), Freeport-McMoRan (USA), and KGHM Polska Miedz (Poland) [28][95] - **Hafnium**: Produced by Framatome (France) and ATI Inc (USA) [27] - **Beryllium**: Materion Corporation (USA) and NGK Insulators (Japan) are key suppliers [32] - **Gallium**: Dominated by China, with notable producers including Aluminum Corporation of China and Dowa Holdings [35][33] Geopolitical and Supply Risks - Many critical metals are produced in limited geographic areas, leading to supply risks. For example, 76% of cobalt production comes from the Democratic Republic of Congo, and 99% of gallium production is controlled by China [81][33] - The concentration of production in a few countries raises concerns about supply chain stability and potential geopolitical tensions [20][22] Conclusion - The space economy's growth is heavily reliant on a small group of critical metals, which face significant supply chain challenges. Investors should be aware of these dynamics as they explore opportunities in the sector [2][4]

Summary of Odyssey Marine Exploration Conference Call Company Overview - **Company**: Odyssey Marine Exploration, Inc. (NasdaqCM:OMEX) - **Industry**: Seabed minerals and critical minerals supply chain Key Points Macro Environment - The current U.S. administration is focused on securing critical minerals necessary for the economy and defense systems, highlighting a lack of domestic supply and reliance on imports for minerals like titanium and manganese, with 70%-80% of rare earths coming from outside the U.S. [3][4] - A recent U.S. Critical Minerals Ministerial involved 50 allied nations discussing trade policy and regulatory alignments to secure critical minerals [5] Strategic Projects - Odyssey has major projects in **Mexico** and the **Cook Islands**, benefiting from agreements with the U.S. government to enhance trade and regulatory alignment [6][7] - The U.S. government has announced **Project Vault**, a $12 billion initiative to stabilize the supply chain for critical minerals [7] Investment Opportunity - Odyssey is one of only two publicly traded companies in the U.S. focused on seabed minerals, with over a decade of experience in project management [9][10] - The company has a diversified portfolio targeting various commodities across different jurisdictions, which mitigates commodity and geopolitical risks [10][16] Project Details - **Mexico Project**: Focused on phosphate, essential for fertilizer, with a net present value (NPV) estimated between $200 million and $440 million based on a 35% ownership stake [21] - **Cook Islands Projects**: Targeting polymetallic nodules containing cobalt, manganese, and nickel, with an NPV of $4.7 billion for one project, and potential values for another project estimated between $330 million and $670 million [21][23] Technological and Operational Advantages - Odyssey has developed proprietary tools like the **Global Prospectivity System** to evaluate mineral opportunities across 150 exclusive economic zones [18] - The company has a strong partnership with **Royal Boskalis**, a leading dredging company, for its Mexico project [20] Market Dynamics - The U.S. government is shifting from policy intent to tangible action regarding offshore mineral leasing, creating near-term opportunities for companies like Odyssey [25][28] - The company is well-positioned to benefit from government partnerships and funding initiatives aimed at securing critical mineral supplies [30][31] Competitive Landscape - Odyssey differentiates itself from competitors like The Metals Company (TMC) by focusing on a broader range of minerals and avoiding the complexities of international regulatory environments [33][36] - The company emphasizes the importance of responsible operators in the emerging seabed minerals industry [34] Timeline for Production - The Mexico project could enter production within 12-18 months following resolution of regulatory issues, while the Cook Islands projects may take several years due to deeper water challenges [38][39] Conclusion - Odyssey Marine Exploration is strategically positioned to capitalize on the growing demand for critical minerals, supported by government initiatives and a diversified project portfolio, making it an attractive investment opportunity in the seabed minerals sector [15][30]

Core Insights - SAGA Metals Corp. has confirmed mineralization in all 31 drill holes at its Radar Critical Minerals Project, with significant grades of iron, titanium, and vanadium, highlighting the project's potential amid increasing North American focus on critical minerals [1][2][10] Company Overview - SAGA Metals Corp. is focused on the exploration and discovery of critical minerals essential for North American supply security, particularly titanium and vanadium [21] - The Radar Project spans 24,175 hectares and includes the Dykes River intrusive complex, which has been confirmed to host significant mineralization [11][21] Project Highlights - The Radar Project has reported assay results with up to 64.55% Fe2O3, 13.3% TiO2, and 0.66% V2O5, indicating high-quality mineralization [1][2][19] - The project is strategically located with infrastructure advantages, including road access, a deep-water port, hydro-electric power, and an airstrip, which may enhance its appeal to North American governments and manufacturers [8][19] Industry Context - The U.S. and Canadian governments have identified titanium and vanadium as critical minerals, emphasizing their importance for national security and advanced manufacturing sectors [1][6][9] - Recent U.S. government initiatives, including funding for domestic titanium production and requests for proposals related to critical minerals, underscore the urgency of securing supply chains for these materials [7][9] Drilling and Exploration Progress - SAGA has completed 16 drill holes totaling 3,435 meters in 2026, with ongoing drilling and geological evaluations aimed at defining the scale of mineralization [10][19] - Significant drill intercepts include Hole R-0016 with 50.60 m at 52.05% Fe2O3 and Hole R-0017 with 90.01 m at 51.86% Fe2O3, demonstrating the project's potential for high-grade mineralization [5][19]

Group 1 - Eureka Lithium Corp. has allowed to lapse approximately 1094 mineral claims for the Raglan West project, 550 claims for the Raglan South project, and 1601 claims for the New Leaf project, totaling to the Nunavik Projects [1] - The company currently retains approximately 158 claims related to the Nunavik projects and is considering whether to renew these Remaining Claims at a cost of $26,544, while the cost of renewing the lapsed claims would have been approximately $680,570 [1] Group 2 - The company has acquired a 100% interest in the Cabin Lake Silver-Gold-Zinc-Lead Project located in the Omineca Mining District of British Columbia and a 100% interest in the Tyee Titanium-Vanadium Project in the Havre-St-Pierre region of Quebec [2]

Core Viewpoint - The inclusion of antimony in the Tivani Tier-1 Critical Minerals Project enhances its role in critical mineral supply chains, particularly for defense and industrial applications [1][2][3]. Group 1: Company Developments - HUB Cyber Security Ltd. announced the expansion of the Tivani project to include antimony, alongside existing minerals like titanium, iron, and vanadium [1]. - Ferrox Critical Minerals Ltd. aims to position Tivani as a multi-commodity platform, enhancing its relevance in defense, aerospace, and advanced manufacturing sectors [3][4]. - The CEO of Ferrox emphasized the goal of becoming a globally relevant critical minerals producer rather than just a single-commodity developer [4]. Group 2: Strategic Importance - Antimony is recognized as a defense-grade strategic material, essential for various technologies including aerospace systems and military applications [2]. - The global supply of antimony is highly concentrated, leading Western governments to view it as a critical vulnerability in secure industrial supply chains [2]. - The addition of antimony to the Tivani project underscores its strategic relevance in national security and industrial policy [7]. Group 3: Infrastructure and Trust - HUBC is embedding trust infrastructure across verification, governance, and digital asset integrity workflows related to the Tivani platform [5][6]. - The company believes that validation and trust infrastructure will be foundational for transparency and governance in next-generation critical mineral supply chains [7].

Group 1: Company Performance and Analyst Ratings - Seaport Research raised the price target for Reliance, Inc. (NYSE:RS) to $340 from $315, maintaining a Buy rating, citing effective management and consistent bottom-line growth [2] - JPMorgan downgraded Reliance, Inc. (NYSE:RS) to Neutral from Overweight, reducing the price target to $330 from $340 due to an earnings miss attributed to aluminum margin pressure [3] - BMO Capital lowered Reliance, Inc. (NYSE:RS) to Market Perform from Outperform, trimming the price target to $320 from $340, noting slower-than-expected margin improvement while acknowledging the company's resilient performance over time [4] Group 2: Company Overview - Reliance, Inc. (NYSE:RS) operates a metal distribution center, providing a range of products including alloy, aluminum, brass, copper, carbon steel, stainless steel, titanium, and specialty steel goods [4]

Acquisition Overview - Eureka Lithium has completed the acquisition of a 100% stake in the Cabin Lake Polymetallic Project and the Tyee Titanium-Vanadium Project in Canada [1] - The acquisition was executed through the purchase of all issued and outstanding shares of Stairway Mining as per an amended share purchase agreement [1] Financial Terms - Under the terms of the share purchase agreement, Eureka exchanged 9,100,000 common shares and agreed to a potential milestone cash payment of C$1,000,000 (approximately $730,576) [2] - The milestone payment is contingent on specific achievements, including filing technical reports and conducting a preliminary economic assessment [2] - The initial proposal included 12,000,000 common shares without a milestone payment, which was revised due to Canadian Securities Exchange policy restrictions [3] Project Details - The Cabin Lake Project consists of six mineral claims covering approximately 2,363 hectares, with potential for zinc, lead, copper, molybdenum, and silver [4] - The Tyee Project includes 189 mineral claims totaling around 10,136 hectares, located in a major titanium-bearing district with indications of titanium and vanadium mineralization [5] Strategic Implications - The acquisition represents a strategic expansion for Eureka, moving beyond lithium into polymetallic and titanium-vanadium projects [6] - Both projects are situated in mining-friendly jurisdictions with strong infrastructure and geological potential, targeting materials essential for defense and advanced manufacturing [7]

Core Insights - The company is re-assaying 36,614 meters of historic drilling to enhance development and potentially save approximately $40 million in future drilling costs [1] Group 1: Development Strategy - Preliminary indications from the historical data review suggest potential for gallium, scandium, and chromium at the La Blache site [1] - A total of 181 historic holes will be re-evaluated for various minerals including iron, titanium, vanadium, chromium, gallium, scandium, and other Rare Earth Elements (REE) [1]