VANCOUVER, 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 the Garneau project (the “Garneau Project”) comprised of 120 claims covering 6,450.54 hectares located near Havre-Sainte-Pierre, Quebec. RTEC is a Canadian subsidiary of the Rio Tinto Group (“Rio Tinto”) (NYSE: RIO, LSE: RIO, ASX: RIO).
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Brief Summary
SAGA Metals Corp. has successfully completed the acquisition of titanium assets from Rio Tinto, enhancing its position in the critical minerals sector. This strategic move signifies SAGA’s commitment to securing valuable resources that support sustainable development.
- 100% acquisition of Garneau Project.
- Covers 6,450.54 hectares near Havre-Sainte-Pierre, Quebec.
- Focus on critical mineral discoveries.
- Strengthens SAGA’s future operations.
Why it matters: This acquisition not only expands SAGA’s resource base but also positions the company favorably within the competitive landscape of critical minerals, essential for future technological advancements.
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