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Miata Metals Corp Announces Additional Drill Results from its Ongoing, 25,000 M Diamond Drilling Program at its Sela Creek Gold Project in Suriname
Miata Metals Corp. had announced additional drill results from its ongoing, 25,000 m diamond drilling program at its Sela Creek Gold Project in Suriname. The latest results include one of the strongest holes drilled at Sela Creek to date, with hole 26DDH-JT-019 intersecting 30.0 m at 4.06 g/t Au, including 14.0 m at 8.20 g/t Au, in a down-dip step-out from previously reported high-grade mineralization at Jons Trend. The hole also intersected multiple additional mineralized zones above and below the highlight interval, further reinforcing Miata’s interpretation of Jons Trend as a broad, stacked and structurally controlled gold system. Three of the four strongest drill results reported to date from the Jons Trend-Big Berg Corridor have been announced in the past four months. Step-out drilling at Big Berg is also advancing the broader corridor thesis that Jons Trend and Big Berg are in fact part of one larger mineralized zone of 1300 m strike length. Hole 26DDH-BB-013, collared approximately 150 m west of the main Big Berg discovery area toward Jons Trend, intersected 16.5 m at 2.15 g/t Au. The result extends meaningful mineralization into the area between the two zones that remain open laterally and to depth. Hole 26DDH-JT-019 intersected 30.0 m at 4.06 g/t Au from 117.0 m, including 14.0 m at 8.20 g/t Au, 4.6 m at 14.83 g/t Au, 1.2 m at 36.20 g/t Au, and 3.2 m at 11.24 g/t Au. Hole 26DDH-JT-019 also intersected additional mineralized intervals, including 13.8 m at 1.11 g/t Au from 8.7 m, including 4.5 m at 2.12 g/t Au, and 15.75 m at 1.78 g/t Au from 209.0 m including 7.0 m at 3.56 g/t Au. Hole 26 DDH-BB-013, drilled between Jons Trend and Big Berg intersected 16.5 m at 2.15 g/t Au from 110.0 m including 1.5 m at 3.87 g/t Au, 3.0 m at 4.68 g/t Au, and 2.75 m at 3.63 g/t Au. Hole 26DDH-BB-012 intersected additional mineralization and provides supporting geological context for the ongoing step-out program at Big Berg. The Jons Trend-Big Berg Corridor now represents an approximately 1,300 m mineralized trend that remains open laterally and at depth. Miata has completed approximately 50% of its fully funded 25,000 m 2026 drill program, with drilling continuing across multiple targets at Sela Creek. Hole 26DDH-JT-019 was drilled from the centre of Jons Trend and directed northwest to test the down-dip extension of high-grade mineralization previously intersected in 26DDH-JT-008, which intersected 31.75 m at 4.62 g/t Au including 23.75 m at 5.73 g/t Au. Hole 26DDH-JT-019 intersected the strongest result from the latest drilling, intersecting 30.0 m at 4.06 g/t Au from 117.0 m, including 14.0 m at 8.20 g/t Au, 4.6 m at 14.83 g/t Au, 1.2 m at 36.20 g/t Au, and 3.2 m at 11.24 g/t Au. Hole 26DDH-JT-019 also intersected additional mineralized intervals of 13.8 m at 1.11 g/t Au from 8.7 m, including 4.5 m at 2.12 g/t Au, and 15.75 m at 1.78 g/t Au from 209.0 m, including 7.0 m at 3.56 g/t Au. The highlight interval in JT-019 is hosted in tightly folded quartz-biotite schist with strong silica, chlorite and biotite alteration. Mineralization is associated with dense sheeted shear veining and foliation-parallel extensional quartz veins containing approximately 1% sulfides, including pyrite and pyrrhotite, and locally visible gold. These results continue to support the interpretation of Jons Trend as a stacked, structurally controlled gold deposit, with high-grade zones developing within broader mineralized intervals. The result also reinforces Miata’s improving understanding of the controls on mineralization at Jons Trend, which continues to support ongoing drill planning across the broader Sela Creek Project. The latest Big Berg drilling consisted of step-out holes 26DDH-BB-011 to BB-013. Holes BB-011 and BB-012 were drilled southeast of the main Big Berg discovery area, stepping out approximately 150 m and 75 m, respectively. Hole BB-013 was drilled approximately 150 m west of the main discovery area toward Jons Trend and was designed to test the potential continuation of mineralization between two zones. Hole 26DDH-BB-013 intersected the strongest result from the latest Big Berg drilling, intersecting 16m at 2.15 g/t Au from 110.0 m, including 1.5 m at 3.87 g/t Au, 3.0 m at 4.68 g/t Au, and 2.75 m at 3.63 g/t Au. Hole 26DDH-BB011 also intersected mineralization, intersecting 4.5 m at 1.61 g/t Au from 133.0 m, including 3.0 m at 2.19 g/t Au. Hole 26DDH-BB-012 intersected additional mineralized intervals of 1.5 m at 0.74 g/t Au from 138.0 m, 7.65 m at 0.50 g/t Au from 144.0 m, including 1.0 m at 1.11 g/t Au. The highlight intervals from the Big Berg step-out drilling are characterized by strong strain zones within crenulated quartz-garnet-biotite schist, hosting thick extensional quartz-biotite-chlorite veins. These veins contain visible gold with minor sulphides, generally less than 0.5%. The result from BB-013 extends meaningful mineralization approximately 150 m west of the main Big Berg discovery area toward Jons Trend and provides further support for Miata’s interpretation that the two zones form part of the same broader mineralized corridor. To date, in 2026, Miata has completed approximately half of its planned 25,000 m drill program at Sela Creek, with drilling continuing across multiple targets including Jons Trend, Big Berg, Puma West, Stranger, Cambior and Golden Hand. Results remain pending for several recently completed holes. Drill core samples are analyzed for gold at FILAB Suriname, a commercial certified laboratory under ISO 9001:2015. Samples are crushed and pulverized to 85% passing 88 µm prior to analysis using a 50 g fire assay (50 g aliquot) with an Atomic Absorption (AA) finish. For samples that return assay values over 5.0 grams per tonne (g/t) gold, another cut was taken from the original pulp and fire assayed with a gravimetric finish. Samples with coarse visible gold or returning an assay value over 10.0 g/t gold, metallic screen analysis is conducted on the coarse reject material. Miata Metals inserts certified reference standards, as well as blanks and ¼ core duplicates, in the sample sequence for quality control and assurance. The scientific and technical information in this news release has been reviewed and approved by Dr. Jacob Verbaas, P.Geo., a director of the Company and Qualified Person as defined under the definitions of National Instrument 43-101 – Standards of Disclosure for Mineral Projects.