Critical Minerals Explorer Hits Continuous Oxide in Every Resource Hole

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Thursday, June 4, 2026

Large-scale, bulk-tonnage magmatic systems containing layered oxide mineralization represent premium exploration targets for North American critical mineral supply chains. For explorers executing definition programs, returning mineralized core from every single hole across a sprawling multi-zone footprint indicates an exceptionally robust geological model.

SAGA Metals Corp. (TSX-Venture: SAGA) (OTCQB: SAGMF) reported highly consistent assay results from five additional diamond drill holes completed at the Trapper Zone within its 100%-owned Radar Titanium-Vanadium-Iron Project near Cartwright, Labrador. These five newly disclosed holes formed part of an ongoing resource validation program originally initiated in Q4 2025.

The latest data batch is headlined by hole R-0039, which intersected a continuous downhole interval of 110.1m grading 47.42% Fe₂O₃, 5.95% TiO₂, and 0.354% V₂O₅ from 84.0m depth. This extensive intercept is further punctuated by a high-grade core returning 52.1m grading 58.15% Fe₂O₃, 7.68% TiO₂, and 0.459% V₂O₅.

The remaining four holes from the Trapper South area demonstrated strong, repeatable grade uniformity:

• R-0040: Intersected 45.1m grading 51.20% Fe₂O₃, 7.94% TiO₂, and 0.340% V₂O₅.
• R-0041: Returned 46.4m grading 47.97% Fe₂O₃, 6.49% TiO₂, and 0.368% V₂O₅.
• R-0042: Logged 35.3m grading 50.68% Fe₂O₃, 6.74% TiO₂, and 0.378% V₂O₅.
• R-0043: Yielded 39.8m grading 47.93% Fe₂O₃, 7.24% TiO₂, and 0.307% V₂O₅.

With these latest analytical returns compiled, SAGA has delivered 36 consecutive holes that hit broad oxide mineralization, maintaining a 100% success rate for received assays. The project-wide exploration footprint has validated a 29 sq km² central oxide corridor, uniting the Trapper, Falcon, and Hawkeye Zones.

Operationally, the company has completed 50 total holes representing 11,600m of diamond drilling to date. Final core samples for the remaining 14 completed holes (R-0044 to R-0057) are currently moving through the laboratory pipeline.

SAGA / SAGMR shares are up and flat, to C$0.63 (3.3%) and US$0.45. Investors will be tracking the final 14 pending assay disclosures over the coming weeks as the data is integrated to formulate SAGA's maiden Mineral Resource Estimate later this year.

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