Announcement • 13h
Miata Metals Corp Reports Additional Drill Results from Sela Creek Gold Project in Suriname
Miata Metals Corp. announced additional drill results from its ongoing, 25,000 m diamond drilling program at its Sela Creek Gold Project in Suriname. The 2026 drill program continues to advance Miata’s interpretation of Sela Creek as a large, structurally controlled gold system with multiple centres of gold mineralization. At Jons Trend, the deepest test of the mineralized zone completed to date successfully extended five known vein zones by 50 meters down-dip to a vertical depth of 250 m. The company also discovered an additional zone below the formerly modeled gold mineralization. All of these vein zones remain open at depth. The drill hole returned a broad intercept across several vein zones of 63 m at 1.44 g/t Au. At Big Berg, continued step-out drilling returned both broad and higher-grade intercepts, 400 m to the southwest along strike from Jons Trend. Geological data continues to point towards the continuation of Jons Trend and Big Berg, in a single mineralized corridor of 1,300 m strike length. 26DDH-JT-016 extended Jons Trend to 250m vertical depth, confirming down-dip continuity across five known vein zones, discovering a deeper gold zone below the previous geological model. Mineralization remains open at depth, with ongoing drilling testing the depth extent, continuity and potential strike extension. 26DDH-JT-016 intersected: 63.0 m at 1.44 g/t Au from 167.0 m, including: 4.0 m at 1.85 g/t Au, 4.0 m at 4.41 g/t Au, 8.61 m at 2.48 g/t Au; 4.50 m at 1.07 g/t Au from 16.5 m; 5.29 m at 1.56 g/t Au from 265.0 m. 26DDH-BB-009 and 26DDH-BB-010 were drilled at approximately 20 m step-outs from mineralized intercepts in 26DDH-BB-003 and 26DDH-BB-004, and extended the interpreted strike length and dip continuity of mineralized zones at Big Berg. 26DDH-BB-009 intersected: 7.2 m at 1.13 g/t Au from 104.3 m; 33.0 m at 1.03 g/t Au from 149.5 m, including: 8.0 m at 2.91 g/t Au. 26DDH-BB010 intersected: 9.25 m at 3.10 g/t Au from 71.0 m, including: 6.35 m at 4.17 g/t Au. Results reinforce Jons Trend as a structurally controlled gold system that hosts repeating zones of mineralization which coalesce into broader mineralized zones at depth. Drilling continues to define the potential connection between Jons Trend and Big Berg, which together may represent a broad mineralized corridor of approximately 1,300 m strike length. Two drill rigs remain active at Sela Creek, with ongoing drilling at Jons Trend and Puma East. 26DDH-JT-016 was designed to test the deepest portion of the Jons Trend system evaluated to date and extend gold mineralization to depth. The results are highlighted by a broad mineralized interval interpreted to represent the deeper projection of two thick vein zones that coalesce into a continuous mineralized intercept at depth: 63.0 m at 1.44 g/t Au from 167.0 m including: 4.00 m at 4.41 g/t Au, and 8.61 m at 2.48 g/t Au, 2.80 m at 3.49 g/t Au. The broad intercept is interpreted to represent the down-dip convergence of multiple mineralized vein zones that were previously modeled as separate structures higher in the system. Drilling also intersected a newly identified deeper vein zone below the previous geological model: 5.29 m at 1.56 g/t Au from 265.0 m. This lower intercept occurs beyond the previous geological model and represents a new zone of mineralization at depth. In total, DDH-JT-016 is interpreted to have extended five existing vein zones down-dip and identified one new deeper zone, reinforcing the continuity and scale potential of Jons Trend. The mineralized zones remain open at depth, with ongoing drilling designed to further test the depth, continuity and potential strike extensions of Jons Trend. Big Berg continues to establish itself as a growing second centre of mineralization within the Sela Creek system. At Big Berg, holes 26DDH-BB009 and 26DDH-BB010 were drilled as approximately 20 m step-outs from previously reported holes BB-003 and BB-004. The holes were designed to test continuity along strike and down dip of the known mineralized vein zones. Hole 26DDH-BB-009 intersected: 7.2 m at 1.13 g/t Au from 104.3 m; 33.0 m at 1.03 g/t Au from 149.5 m, including: 8.0 m at 2.91 g/t Au. Hole 26DDH-BB010 intersected: 9.25 m at 3.10 g/t Au from 71.0 m, including: 6.35 m at 4.17 g/t Au. Together, these holes demonstrate the range of mineralization styles developing at Big Berg. 26DDH-BB-009 highlights the potential for wider zones of gold mineralization and is characterized by folded veins and host-rock sulphides, while 26DDH-BB-010 demonstrates higher-grade mineralization over concentrated intervals associated with shear-hosted veining. Both holes display strong banded alteration, including silica, biotite, ± white mica and chlorite, consistent with the mineralization style observed at Jons Trend. 2026 drilling at Big Berg has intersected nine discrete mineralized zones in ten holes, supporting the interpretation of a robust and expanding mineralized system with significant potential for further growth. Miata continues to evaluate the potential connection between Big Berg and Jons Trend, with results to date supporting Big Berg as a growing parallel centre of mineralization within the same broader gold-bearing structural corridor. To date in 2026, Miata has completed approximately 10,300 m of drilling across several targets at Sela Creek, including Jons Trend, Big Berg, Puma West, Puma East, Stranger, Cambior, and Golden Hand. Results remain pending for several recently completed holes. Grades and widths have been maintained as the system expands vertically, providing increasing confidence in the continuity and scale potential of Jons Trend. 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.