SAGA Metals Reports Assay Intercepts Including 52.05% Fe₂O₃, 7.21% TiO₂, 0.375% V₂O₅ from 2026 Drilling at Trapper South, Radar Critical Minerals Project in Labrador VANCOUVER, British Columbia, March 05, 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 report assay results from the first two (2) drill holes 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. Trapper South Assay Highlights Analytical results have been obtained for the first two (2) diamond drill holes of the MRE drill program reinitiated in 2026, with top intercepts including: Hole R-0016: 50.60 m @ 52.05% Fe₂O₃, 7.21% TiO₂, 0.375% V₂O₅Hole R-0017: 90.01 m @ 51.86% Fe₂O₃, 6.76% TiO₂, 0.417% V₂O₅ Completed sixteen (16) holes (R-0016 to R-0031) to date in 2026, with significant oxide intercepts up to 154.77 m (R-0026), predominantly semi-massive oxide with extensive rhythmic layering.Multiple holes intercepted broad zones of semi-massive oxide up to 87.08 m, confirming increased oxide concentration and thickness in the southeastern anomaly.Rhythmic banding and semi-massive to massive oxide mineralization observed consistently, aligning with prior high-grade results from Trapper North.Drilling is progressing efficiently, with 3,435 m already completed in 2026. Hole R-0032 is in progress.IGS has received 350 samples from R-0018, -0019 and -0020. Assays are expected within a week. Further to the Company’s news releases dated February 12, 2026, and February 19, 2026, the team has completed sixteen (16) diamond drill holes with depths ranging from 149 m to 302 m, totalling 3,435 m drilled, targeting the southeastern and southwestern oxide anomalies in Trapper South. Cross-section of Trapper South S8 Summary Figure 1: Cross section of S8 looking NW showing R-0016, -0017, -0023 and -0026, highlighting intercepts of semi-massive oxides and layering sequence with the 3D Magnetic Inversion of the 2025 Trapper Zone ground magnetic survey. R-0016 and -0017 assays are shown within, while R-0023 and -0026 assays are pending. Further to the Company’s news release, dated January 29, 2026, the 2026 phase of MRE drilling commenced with R-0016 and has already progressed to its sixteenth hole, completing R-0031. After recording observed rhythmic banding in cross-section S11 (comprising holes R-0012, -0013, -0014 & -0015), the team expected to see the same consistency throughout Trapper South. However, the team was positively impressed by intercepting 60-90 m of semi-massive oxide in R-0016 and R-0017, with assays now confirming higher head grades in cross-section S8 than S11. R-0016 is the first drill hole in Trapper South to intercept semi-massive oxides with assays returning 50.60 m @ 52.05% Fe₂O₃, 7.21% TiO₂, 0.375% V₂O₅. R-0017 is drilled at the same location to undercut R-0016 with an inclination of 70°. This drill hole intersected the oxide zone across an interval of 90.01 m at 50.4 m. The oxide zone includes 87.1 m of semi-massive magnetite and 3 m of rhythmic magnetite layering with assays grading 51.86% Fe₂O₃, 6.76% TiO₂, 0.417% V₂O₅. The core economic target remains these extensive, continuous bodies of semi-massive to massive oxide mineralization that have consistently delivered strong, consistent grades of titanium, vanadium, and iron. Identifying these broad oxide zones in Trapper South could potentially compound the Company’s expectations for grade, thickness, continuity, and geometry across the entire Trapper Zone, paving the way for a robust mineral resource definition. Trapper South 2026 Core Interval Drilling Summary Drill HoleAzimuth / DipTotalDepth (m)From (metres)To (metres)Semi-MassiveOxide (m)Rhythmic Layering(m)Total Oxide (m)R-001638° / -45°2064410245.8412.1658R-001738° / -70°16150.56140.6487.08390.08R-001838° / -45°18844.7156.3765.0446.63111.67R-001938° / -45°18266.5513337.9628.4966.45R-002038° / -45°20650.813828.558.787.2R-002138° / -70°15281.28127.3833.5312.5746.1R-002238° / -45°14922.51118.6931.5859.6891.26R-002338° / -45°272100.48239.3230.6176.44107.05R-002438° / -45°254108.87219.7646.7662.11106.2R-002538° / -60°275122.96253.66.92118.08125R-002638° / -60°302108.75273.6516.24138.55154.77R-002738° / -45°22179.83175.3334.2461.2695.5R-002838° / -60°230Logging in-progressR-002938° / -45°214Logging in-progressR-003038° / -60°209Logging in-progressR-003138° / -45°214Logging in-progress Total (m)3,435 Table 1: Summary of drill holes R-0016 to R-0031, highlighting the oxide intercepts. Logging of R-0028, -0029, -0030 & -0031 is in progress. See Figure 1 above and Figures 2 & 3 below, which depict the oxide mineralization in cross sections S8, S7 and S6, showing casing holes R-0016, -0017, -0018, -0019, -0023, -0024, -0025, -0026,