Northwire Canada EditionSunday, August 2, 2026
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S 0.140 +0.0% BNKR 4.40 −2.2% QRO 0.045 +0.0% VCT 0.075 +36.4% PPP 1.15 +0.9% LMG 0.390 +0.0% GRDM 0.140 +0.0% ABRA 13.58 −4.1% WHY 0.295 +1.7% HHH 3.94 −0.2% COS 0.060 +0.0% NOB 0.065 −23.5% MEK 0.055 +0.0% TGOL 0.105 −4.5% FCI 0.400 −7.0% SGQ 0.350 +0.0% S 0.140 +0.0% BNKR 4.40 −2.2% QRO 0.045 +0.0% VCT 0.075 +36.4% PPP 1.15 +0.9% LMG 0.390 +0.0% GRDM 0.140 +0.0% ABRA 13.58 −4.1% WHY 0.295 +1.7% HHH 3.94 −0.2% COS 0.060 +0.0% NOB 0.065 −23.5% MEK 0.055 +0.0% TGOL 0.105 −4.5% FCI 0.400 −7.0% SGQ 0.350 +0.0%
Drill Results

Miata Intersects 4.3 m at 12.49 g/t Gold and 22.7 m at 2.23 g/t Gold at Jons Trend at the Sela Creek Gold Project, Suriname

By The Northwire Desk — AI Analysis Jan 22, 2026 · 07:08 MMET · 0.59 Miata Metals Corp.
MMET · Price

Executive Summary

  • Miata Metals released final assay results from its 10,041 m 2025 drill program at the Jons Trend zone, highlighting multiple high‑grade intercepts—including 4.3 m @ 12.49 g/t Au and a 57 m @ 1.01 g/t Au interval—demonstrating continuous mineralization over a 750 m × 250 m corridor.
  • The Big Berg target produced a notable 8.1 m @ 2.21 g/t Au (including 3.7 m @ 3.94 g/t Au), confirming the presence of a mineralized brittle‑ductile fault zone.
  • Management indicated an aggressive 2026 drilling plan targeting ~25,000 m to expand Jons Trend and test additional targets such as Puma and Golden Hand.

Key Details

  • Jons Trend Highlights
  • Hole 25DDH-SEL-052: 4.3 m @ 12.49 g/t Au from 122 m (incl. 1.3 m @ 29.24 g/t Au).
  • Hole 25DDH-SEL‑059: 22.7 m @ 2.23 g/t Au (incl. 15.9 m @ 2.84 g/t Au).
  • Hole 25DDH-SEL‑050: 57 m @ 1.01 g/t Au from 89 m.

  • Continuous mineralization confirmed across a previously untested 750 m × 250 m corridor to depths of ~200 m, open in all directions.

  • Big Berg Highlights

  • Hole 25DDH-SEL‑040: 8.1 m @ 2.21 g/t Au from 94.3 m (incl. 3.7 m @ 3.94 g/t Au).

  • Prior result (hole 25DDH‑SEL‑031): 14 m @ 1.72 g/t Au from 164 m, supporting fault‑controlled mineralization.

  • Drill Program Summary

  • Total 2025 drill length: 10,041 m across Jons Trend and Big Berg.

  • Intercepts reported are >2.5 m and >0.45 g/t Au; true widths provided where estimated.

  • QA/QC Procedures

  • Samples analyzed by FILAB Suriname (ISO 9001:2015).
  • Fire‑assay with AA finish; gravimetric finish for >5 g/t Au; metallic screen assays for coarse gold.

  • Certified reference standards, blanks, and ¼ core duplicates included.

  • Future Plans

  • 2026 drill program targeting ~25,000 m, focusing on expanding Jons Trend strike/width/depth and testing additional targets (Puma, Golden Hand, etc.).

Notable Quotes

“Results from Jons Trend continue to expand and improve the known zone of mineralization… Over 2026 we intend to identify the full extent of Jons Trend’s known strike, width, and depth.” – Dr. Jaap Verbaas, CEO, Miata Metals Corp.

“Exploration drilling results from Big Berg include 8.1 m at 2.21 g/t gold… We believe that Miata has the potential to make several discoveries in 2026 now that we know the key controlling features for gold mineralization across Sela Creek.” – Dr. Jaap Verbaas, CEO, Miata Metals Corp.

Read the original news release →

More from Miata Metals Corp.

Jul 29, 2026 · 20:39

Miata upsizes its strategic stake to 19.9% in a $23.3m financing to fund the Sela Creek drill program.

Financings Jul 28, 2026 · 17:45

Miata’s 19.9% stake at C$0.41 validates Sela Creek gold potential, fully funding the 2026 drill campaign.

Financings Jul 13, 2026 · 07:00

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

Drill Results Jul 07, 2026 · 07:00

Miata’s new Puma East discovery opens a second mineralized corridor, confirming district-scale potential at its Sela Creek project.

Drill Results Jun 23, 2026 · 07:00

Miata Metals extends Sela Creek to 250m depth, though cash burn and dilution continue to weigh on its TSX-V listing.

Drill Results Jun 10, 2026 · 16:29

Miata Metals advances its 25,000m Suriname drill program following its TSX-V listing, despite ongoing concerns regarding cash burn.

Production / Operations