Miata completes drilling of four holes at Sela Creek

Executive Summary

• Miata Metals Corp. has completed the first four holes of its fully funded 25,000-metre diamond drilling program at the Sela Creek gold project in Suriname, marking a significant expansion from the 2025 campaign.
• The initial holes (26DDH-JT-001 and 26DDH-JT-002) at the Jon's Trend target intersected visible gold occurrences within dense veining and elevated sulphide zones, validating the company's refined structural targeting approach.
• The 2026 program is split between expanding the Jon's Trend system (12,500m) and exploring high-priority discovery targets including Puma, Stranger, Golden Hand, Big Berg, and Howler (12,500m), supported by two drill rigs.

Key Details

• Program Scope: Fully financed 25,000-metre diamond drill program; supported by two drill rigs from Major Drilling.
• Hole 26DDH-JT-001 (Jon's Trend):
  • Intercepted two zones of elevated vein density and sulphides: 52.30–101.68 m (49.38 m interval) and 128.16–147.95 m (19.79 m interval).
  • Visible gold occurrence intercepted at 134.20 m.
  • Represents a ~50-metre stepout to the north from previous holes 25DDH-SEL-045 and 25DDH-SEL-046.
• Hole 26DDH-JT-002 (Jon's Trend):
  • Intercepted three vein zones: 84–108 m (24 m), 121.15–147.6 m (26.45 m), and 174.52–192.87 m (18.35 m).
  • Visible gold occurrence at 181.70 m within the third interval.
• Strategic Focus:
  • Jon's Trend: ~12,500 metres planned to advance the broad, shallow-dipping, structurally controlled gold system (750m x 250m) toward scale via stepout, continuity, and depth extension drilling.
  • Exploration Targets: ~12,500 metres allocated to Puma, Stranger, Golden Hand, Big Berg, and Howler.
• Target-Specific Plans & Previous Results:
  • Big Berg: 600 m drill fence planned. Follows up on artisanal chip samples yielding 30.02 g/t Au and 44.64 g/t Au. Previous drilling (25DDH-SEL-040) returned 8.1 m at 2.21 g/t Au; (25DDH-SEL-031) returned 14 m at 1.72 g/t Au.
  • Puma: 2,500 m drilling planned. Follows up on 25DDH-SEL-030 (5.3 m at 8.25 g/t Au) and 25DDH-SEL-021 (18 m at 2.70 g/t Au).
  • Stranger: 600 m drill fence planned to test large vein zones exposed by artisanal mining.
  • Golden Hand: 600 m initial drill fence planned to test potential extension of Jon's Trend.
• Technical Approach: Drilling utilizes a refined structural framework based on over 10,000 structural measurements from oriented core, which achieved a 100% hit rate at Jon's Trend. This approach optimizes hole azimuths and dip angles to intersect stacked mineralized zones.
• QA/QC: Samples analyzed at FiLAB Suriname (ISO 9001:2015 certified). Methods include 50-gram fire assay with atomic absorption finish; gravimetric finish for assays >5.0 g/t; metallic screen assays for coarse visible gold. Includes certified reference standards, blanks, and core duplicates.
• Timeline: Drilling and surface exploration expected to continue through December 2026. Assay results to be released on a regular basis.

Notable Quotes

• "This drill program marks the beginning of a defining year for the Sela Creek gold project... Intersecting visible gold in the first two holes of the year is an encouraging early validation of our refined targeting approach and a strong start to the 2026 campaign." — Dr. Jacob Verbaas, CEO