Northwire Canada EditionThursday, November 12, 2026
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Gold 4,000.50 −0.7% Silver 52.00 +1.5% Copper 6.27 +0.5% Oil 86.53 +0.6% Palladium 1,030.00 +0.9% TIG 0.800 +0.0% RVG 0.715 −4.0% FNV 354.26 −2.4% FDY 4.30 −0.5% MAU 16.05 −3.2% VOXR 6.78 −0.6% TLO 7.04 −1.0% NICU 1.95 −5.8% VTEN 0.440 +0.0% AWM 0.025 +0.0% OR 50.79 −1.8% AUXX 5.30 −5.5% TNR 0.420 +40.0% ORCL 0.030 +0.0% ELD 47.71 −5.4% OPW 0.140 −6.7% Gold 4,000.50 −0.7% Silver 52.00 +1.5% Copper 6.27 +0.5% Oil 86.53 +0.6% Palladium 1,030.00 +0.9% TIG 0.800 +0.0% RVG 0.715 −4.0% FNV 354.26 −2.4% FDY 4.30 −0.5% MAU 16.05 −3.2% VOXR 6.78 −0.6% TLO 7.04 −1.0% NICU 1.95 −5.8% VTEN 0.440 +0.0% AWM 0.025 +0.0% OR 50.79 −1.8% AUXX 5.30 −5.5% TNR 0.420 +40.0% ORCL 0.030 +0.0% ELD 47.71 −5.4% OPW 0.140 −6.7%
Drill Results

Miata Completes First Four Holes of Fully Funded 25,000 Metre Drill Program at Sela Creek Gold Project, Suriname

By The Northwire Desk — AI Analysis Feb 03, 2026 · 08:00 MMET · 0.55 Miata Metals Corp.
MMET · Price

Executive Summary

  • Miata Metals has completed the first four holes of its fully funded 25,000‑metre 2026 diamond drilling program at the Sela Creek Gold Project in Suriname.
  • Visible gold was intersected in both of the initial Jon’s Trend drill holes (26DDH-JT-001 and 26DDH-JT-002), confirming the refined targeting approach.
  • The program allocates ~12,500 m to expand Jon’s Trend and ~12,500 m to test high‑priority targets (Big Berg, Puma, Stranger, Golden Hand, etc.), with drill rigs supplied by Major Drilling.

Key Details

  • Program Scope: 25,000 metres total, fully funded; two drill rigs deployed.
  • Jon’s Trend – Hole 26DDH-JT-001:
  • Vein zones intercepted: 52.30‑101.68 m (49.38 m) and 128.16‑147.95 m (19.79 m).
  • Visible gold occurrence at 134.20 m.
  • Jon’s Trend – Hole 26DDH-JT-002:
  • Vein zones intercepted: 84‑108 m (24 m), 121.15‑147.60 m (26.45 m), and 174.52‑192.87 m (18.35 m).
  • Visible gold occurrence at 181.70 m.
  • Assay Plan: Samples sent to FiLAB Suriname; results will be released as received.
  • Target Prioritization & High‑Grade Chip Samples:
  • Big Berg chip samples: 30.02 g/t Au and 44.64 g/t Au over 1 m intervals.
  • Puma historic intercepts: 5.3 m @ 8.25 g/t Au; 18 m @ 2.70 g/t Au.
  • Drill Allocation: ~12,500 m to Jon’s Trend (step‑out expansion, continuity drilling, depth extensions) and ~12,500 m to advanced exploration targets (Puma, Stranger, Howler, Golden Hand, etc.).
  • Structural Framework: Refined based on >10,000 structural measurements; 100% hit rate at Jon’s Trend in 2025.
  • Timeline: Drilling and surface work continue through December 2026; regular assay updates to follow.
  • QA/QC: Certified ISO‑9001:2015 laboratory (FiLAB); fire assay with AA finish, duplicate core checks, metallic screen assays for high‑grade intervals.
  • Qualified Person: Dr. Jacob Verbaas, P.Geo., Director and QP under NI 43‑101.

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.” – Dr. Jacob Verbaas, CEO

Read the original news release →

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