SAGA Metals Corp. Completes Second & Final Tranche of IPO Prospectus

The 2024 Radar Ti-V exploration program focused on expanding prospecting, geological mapping, and soil sampling in areas near previously identified geophysical anomalies. These efforts have produced encouraging results that reinforce Radar’s potential for hosting significant titanium and vanadium mineralization.

Key Total Database Assay Highlights Include:

• Titanium Dioxide (TiO2): 49 samples returned assay values exceeding 4.0%, with a peak value of 11.1%.
• Vanadium Pentoxide (V2O5): 36 samples exceeded 0.2%, with a high of 0.63%.
• Iron (Fe): 34 samples returned values over 20%, reaching a high of 46.7%.

These promising results underscore Radar’s potential as a critical mineral asset and support the company’s strategic focus on developing critical mineral assets in North America.

Radar Project and corresponding geophysics highlight multiple anomalies across the property

Over a 20-day period in July 2024, a team of two geologists and six field technicians conducted detailed mapping, prospecting, and soil sampling across several highly prospective zones.

Key Program Details:

Samples Collected: A total of 221 rock samples and 582 soil samples were collected (including standards, blanks, and duplicates) across the entire property.

Target Zones: Fieldwork focused on three zones hosting significant electromagnetic anomalies, now named:

1. Hawkeye Zone
2. Trapper Zone
3. Unnamed Transitional Zone (between Hawkeye and Trapper)

Rock samples with corresponding titanium oxide (TiO2) and vanadium oxide (V2O5) values throughout the anomalous zones

Field observations consistently identified Gabbro Norite host rock mineralized with magnetite, ranging from fine-grained disseminations to massive magnetite layers. Assay results have confirmed the magnetic anomalies within both the Hawkeye and Trapper zones are mineralized, establishing a combined 8km strike length between the two zones. Preliminary indications suggest a possible connection between the trends through a transitional zone, which increases the mineralized strike to 9.5km through verified samples.

After two years of exploration at Radar, Saga Metals now has a comprehensive database of 388 rock samples. Assay results have yielded the following key values in the table below:

Summary of 2023 & 2024 assay results with 2% Ti cut-off grade in green and increasing to highest values in red

Hawkeye Zone Yields Strong Titanium and Vanadium Anomalies in Soil and Rock Samples:

Soil sampling in the Hawkeye Zone revealed significant anomalies for titanium (Ti) and vanadium (V) , with values ranging from 1.0 – 2.4% Ti and 200 – 445 ppm V . These soil anomalies closely correlate with rock sample assays, further validating the mineralization potential of the zone.

Rock samples collected from the Hawkeye Zone consistently returned values between 2.5 – 11.1% TiO2 and 0.2 – 0.66% V2O5 , confirming the presence of high-grade titanium and vanadium despite limited surface exposure….