Northwire Canada EditionMonday, July 13, 2026
Northwire
OCG 0.280 +0.0% CAMB 1.00 +0.0% HMR 0.620 +0.0% GOFL 0.025 +0.0% SIG 1.03 +0.0% SGQ 0.300 +0.0% AMCO 0.250 +0.0% TRS 0.055 +0.0% RRI 0.265 +0.0% GAL 0.400 +0.0% LIB 0.910 +0.0% SMY 0.235 +0.0% SAG 1.02 +0.0% NTH 0.165 +0.0% PEMC 0.045 +0.0% NAR 0.180 +0.0% OCG 0.280 +0.0% CAMB 1.00 +0.0% HMR 0.620 +0.0% GOFL 0.025 +0.0% SIG 1.03 +0.0% SGQ 0.300 +0.0% AMCO 0.250 +0.0% TRS 0.055 +0.0% RRI 0.265 +0.0% GAL 0.400 +0.0% LIB 0.910 +0.0% SMY 0.235 +0.0% SAG 1.02 +0.0% NTH 0.165 +0.0% PEMC 0.045 +0.0% NAR 0.180 +0.0%
Drill Results Routine +

Miata Intersects 30 m at 4.06 g/t Au at Jons Trend, Sela Creek, Suriname

Miata reports a 122 g/t gold intercept at Jons Trend, strengthening continuity without transformational impact.

Executive Summary

Miata Metals Corp. (MMET) reported drill results from its Jons Trend and Big Berg targets, highlighting significant gold intercepts in hole 26DDH-JT-019. This hole returned 30.0 m at 4.06 g/t Au from 117.0 m, including 14.0 m at 8.20 g/t Au. Higher-grade sub-intervals within that section included 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. Additional mineralized intervals in the same hole included 13.8 m at 1.11 g/t Au (from 8.7 m) and 15.75 m at 1.78 g/t Au (from 209.0 m).

At Big Berg, step-out hole 26DDH-BB-013 intersected 16.5 m at 2.15 g/t Au, extending mineralization 150 m west toward the Jons Trend. Two other Big Berg holes, BB-011 and BB-012, returned narrower or lower-grade intercepts. The company’s 25,000 m drill program is approximately 50% complete, with drilling continuing across multiple targets.

Material Impact

Miata Metals Corp. (MMET) is a pre-resource explorer, and while a strong hole like JT-019 adds to a growing high-grade inventory, it does not alone define a resource or change the company’s trajectory. The market had already seen excellent intercepts, including JT-008, JT-016, and the Puma East discovery. JT-019 confirms continuity but offers no new geological revelation. The stock had been declining from $0.65 to $0.43 before the news, showing limited response to recent positive infill.

MMET · Price
Company Overview

Miata Metals Corp. is a Canadian junior gold explorer focused on the Sela Creek Project in Suriname’s Guyana Shield. The project covers 100 km² under a renewed exploitation license and includes a 70% interest in the Nassau project. The company has no mineral resources or reserves.

A fully funded 25,000 m diamond drill program is scheduled for 2026, targeting the Jons Trend-Big Berg Corridor and several other prospects, including Puma, Stranger, and Golden Hand. Approximately 12,500 m has been drilled to date.

Read the original news release →

More from Miata Metals Corp.