SAGA Metals Announces Initiation of Equity Analyst Coverage by Alphabridge Group with Outperform Rating

Executive Summary

• Alphabridge Group Inc. initiated equity research coverage of Saga Metals Corp. with an “outperform” rating, highlighting the company’s Radar Ti‑V‑Fe Project.
• Saga completed a maiden 2,209 m, seven‑hole drill program at the Hawkeye Zone, reporting high VTM (vanadium‑titanium‑magnetite) grades up to 41.6% VTM over significant intervals.
• The company announced infrastructure upgrades, community support from Cartwright, and appointment of an Independent Qualified Person to strengthen NI 43‑101 compliance, positioning the project for future resource expansion.

Key Details

• Analyst Coverage: Alphabridge Group Inc., analyst Vasant Jain, CFA, issued an “outperform” rating on 8 Sept 2025; report available via Alphabridge website.
• Drill Program – Hawkeye Zone (Winter 2025):
• Total depth: 2,209 m across seven holes.
• Notable intercepts:
  • Hole R25‑HEZ‑01: 263.5 m @ 25.90% VTM (max 35.16%).
  • Hole R25‑HEZ‑07: 311.7 m @ 22.95% VTM (max 41.63%).
  • Hole R25‑HEZ‑04: 208.5 m @ 29.59% VTM (max 35.20%).
• Length‑weighted average VTM for the program ranges from ~19% to 35%, with several intervals exceeding 35% VTM classified as semi‑massive to massive mineralization.
• Assay Highlights: Fe ≈ 15–24 wt %; TiO₂ ≈ 3–5 wt %; V₂O₅ ≈ 0.1–0.3 wt %; calculated VTM up to 41.6 %.
• Metallurgical Implication: Mineralization resembles the Panzhihua deposit; anticipated recovery as a combined V‑Ti‑Fe concentrate. Metallurgical testing pending.
• Summer 2025 Program (Trapper & Northwest Zones): Expanded geophysics confirmed a 3.3 km continuous magnetic anomaly in Trapper; infrastructure upgrades include a 4 km access trail and 504 m² of trenching exposing surface mineralization.
• Community Support: Town of Cartwright issued an official letter of support (April 2025); local personnel involved in field operations.
• Technical Governance: Paul J. McGuigan, P.Geo., appointed Independent Qualified Person (June 2025) to oversee NI 43‑101 compliance and technical reporting.
• Future Plans: Expanded drilling at Trapper Zone targeting resource expansion, metallurgy sampling, and structural mapping for a forthcoming mineral resource estimate.

Notable Quotes

“Our maiden drill results demonstrate the significant VTM potential of the Radar Project, positioning us well within the emerging critical minerals supercycle.” – Mike Stier, Chief Executive Officer, Saga Metals Corp.