Northwire Canada EditionMonday, July 27, 2026
Northwire
LUG 81.27 +2.4% ETG 2.65 +1.1% ARIC 0.860 +2.4% ABC 0.020 +0.0% WEC 0.010 +0.0% NTB 0.020 +0.0% URC 3.83 −8.2% BEX 0.085 +6.2% SUM 1.32 +0.0% FMN 0.270 +10.2% PHNM 0.405 +12.5% HDRO 1.11 −6.7% PWM 0.620 −1.6% LIO 0.155 +10.7% NTH 0.160 +1.6% ELEF 0.120 −4.0% LUG 81.27 +2.4% ETG 2.65 +1.1% ARIC 0.860 +2.4% ABC 0.020 +0.0% WEC 0.010 +0.0% NTB 0.020 +0.0% URC 3.83 −8.2% BEX 0.085 +6.2% SUM 1.32 +0.0% FMN 0.270 +10.2% PHNM 0.405 +12.5% HDRO 1.11 −6.7% PWM 0.620 −1.6% LIO 0.155 +10.7% NTH 0.160 +1.6% ELEF 0.120 −4.0%
Drill Results

Miata Intersects 96 m of 1.41 g/t gold in Near-Surface Gold System at Big Berg, Delivering Best Intercept to Date at the Sela Creek Gold Project, Suriname

MMET · Price

Executive Summary

  • Miata Metals announced its strongest intercepts to date from the Big Berg discovery zone, confirming a broad, near‑surface gold system with multiple high‑grade intervals.
  • Hole 26DDH‑BB‑003 returned up to 96 m at 1.41 g/t Au (including several higher‑grade sub‑intervals such as 2.5 m @ 15.34 g/t Au), indicating potential for open‑pit mining.
  • The Big Berg target lies ~1 km southeast of the Jons Trend zone, suggesting district‑scale continuity and significant upside for the overall Sela Creek project.

Key Details

  • Hole 26DDH‑BB‑003 – 0–15.5 m: 15.5 m @ 0.83 g/t Au;
  • 40.4–58.5 m: 18.1 m @ 2.95 g/t Au (includes 45–47.5 m: 2.5 m @ 15.34 g/t Au)
  • 65–67.5 m: 2.5 m @ 2.41 g/t Au
  • 96–110.5 m: 14.5 m @ 0.95 g/t Au (includes 103.5–105 m: 1.5 m @ 4.13 g/t Au)
  • 130.3–138 m: 7.7 m @ 5.79 g/t Au (includes 131.3–133.3 m: 2 m @ 17.84 g/t Au)
  • 147–151.65 m: 4.65 m @ 3.98 g/t Au (includes 149.5–150.65 m: 1.15 m @ 12.11 g/t Au)
  • 168.5–192 m: 23.5 m @ 2.34 g/t Au (includes 171–184 m: 13 m @ 3.43 g/t Au)

  • Hole 26DDH‑BB‑001 – 46–50.5 m: 4.5 m @ 0.80 g/t Au; additional intervals:

  • 47–48 m: 1 m @ 2.28 g/t Au
  • 96–103 m: 7 m @ 3.75 g/t Au

  • Hole 26DDH‑BB‑002 – 1.5–4.5 m: 3 m @ 0.56 g/t Au; additional intervals:

  • 69–94 m: 25 m @ 0.90 g/t Au (incl. 81–89 m: 8 m @ 1.21 g/t Au)
  • 105–110.25 m: 5.25 m @ 2.38 g/t Au

  • Hole 26DDH‑BB‑004 – 0–3 m: 3 m @ 0.54 g/t Au; additional intervals:

  • 90.75–98 m: 7.25 m @ 2.79 g/t Au (incl. 95.15–96.15 m: 1 m @ 11.40 g/t Au)
  • 110.8–118 m: 7.2 m @ 1.99 g/t Au (incl. 110.8–112.35 m: 1.55 m @ 6.15 g/t Au)

  • Overall Highlights

  • Intercept of 67.5 m @ 1.13 g/t Au from surface and 96 m @ 1.41 g/t Au (both from surface).
  • Multiple high‑grade zones: e.g., 2.5 m @ 15.34 g/t Au, 2 m @ 17.84 g/t Au, 1 m @ 11.40 g/t Au.
  • Big Berg and Jons Trend remain open along strike and at depth, supporting a district‑scale gold system.

  • Program Update – A drill rig has returned to the Big Berg target to expand the discovery zone; further drilling will focus on extending mineralization laterally, testing continuity with Jons Trend, and refining the structural model.

  • QA/QC – Samples analyzed by FILAB Suriname (ISO 9001:2015) using 50 g fire assay with AA finish; high‑grade samples re‑assayed with gravimetric finish or metallic screen analysis as appropriate.

Notable Quotes

“Intersecting nearly 100 metres of continuous gold mineralization at 1.41 g/t Au in a new target, beginning near surface, is a clear indication that we have found a large and robust gold system.” – Dr. Jacob (Jaap) Verbaas, CEO & Director

“Both Big Berg and Jons Trend remain open along strike and at depth…we are well positioned to continue expanding the system and defining its full scale.” – Dr. Jacob (Jaap) Verbaas

Read the original news release →

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