Northwire Canada EditionWednesday, November 11, 2026
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Gold 4,030.20 −2.0% Silver 51.23 −2.8% Copper 6.27 −1.2% Oil 86.04 −0.9% Palladium 1,024.00 +0.2% NVX 0.910 +0.0% MSR 0.435 +0.0% ELE 22.85 −4.0% ALS 53.01 −2.2% APM 5.13 −6.6% AVL 5.46 −5.4% NG 8.84 −9.0% ATY 0.220 −2.2% CN 0.125 −10.7% PMET 3.22 −4.2% ITH 1.99 −11.6% VMET 12.33 −6.9% ABX 56.41 −5.6% PUR 0.370 +8.8% SCY 0.085 +6.2% AUMN 0.300 +7.1% Gold 4,030.20 −2.0% Silver 51.23 −2.8% Copper 6.27 −1.2% Oil 86.04 −0.9% Palladium 1,024.00 +0.2% NVX 0.910 +0.0% MSR 0.435 +0.0% ELE 22.85 −4.0% ALS 53.01 −2.2% APM 5.13 −6.6% AVL 5.46 −5.4% NG 8.84 −9.0% ATY 0.220 −2.2% CN 0.125 −10.7% PMET 3.22 −4.2% ITH 1.99 −11.6% VMET 12.33 −6.9% ABX 56.41 −5.6% PUR 0.370 +8.8% SCY 0.085 +6.2% AUMN 0.300 +7.1%
Drill Results

Miata Intersects 11.3 m at 3.58 g/t Gold and Further Expands Jons Trend Footprint at the Sela Creek Gold Project, Suriname

By The Northwire Desk — AI Analysis Feb 24, 2026 · 03:01 MMET · 0.54 Miata Metals Corp.
MMET · Price

Executive Summary

  • First four holes of the 2026 drill program expanded the Jons Trend mineralized footprint by ~20%, increasing lateral extent from 250 m to 300 m.
  • Multiple high‑grade intercepts were intersected, including two >30 g/t Au zones (0.7 m @ 31.37 g/t and 0.9 m @ 30.40 g/t).
  • Bulk‑tonnage intervals of ≥1 g/t Au were also confirmed, supporting the view that Jons Trend is evolving into a district‑scale gold system with significant upside.

Key Details

  • Hole 26DDH-JT-001 – 32 m @ 1.20 g/t Au from 50 m; includes 8.7 m @ 2.47 g/t (63–73 m) and 8.7 m @ 3.47 g/t Au (126–136 m); high‑grade sub‑interval 0.7 m @ 31.37 g/t Au at 128.16 m.
  • Hole 26DDH-JT-002 – 11.3 m @ 3.58 g/t Au from 180 m; includes 4.7 m @ 7.86 g/t (180–185 m) and 0.9 m @ 30.40 g/t Au at 181 m.
  • Hole 26DDH-JT-004 – 17.3 m @ 1.65 g/t Au from 39 m; additional intervals of 8.2 m @ 1.99 g/t, 5.2 m @ 1.78 g/t, 6.1 m @ 1.36 g/t, and 1.7 m @ 3.38 g/t.
  • Lateral Extent: Jons Trend now spans ~300 m, a 20% increase over previous drilling.
  • Structural Context: Mineralization hosted in tightly folded metasedimentary rocks (upper greenschist to lower amphibolite facies) with two intersecting shear‑zone orientations providing structural traps.
  • QA/QC: Samples assayed by FILAB Suriname (ISO 9001:2015); fire assay with AA finish; gravimetric finish for >5 g/t Au; metallic screen analysis for coarse gold. Certified reference standards, blanks and duplicates included.
  • Qualified Person: Dr. Jacob Verbaas, P.Geo., Director & QP, NI 43‑101 reviewed the technical information.

Notable Quotes

“With each successive drill hole, Jons Trend is growing in size from a single discovery zone into a large, structurally controlled gold system of multiple gold zones with both bulk‑tonnage potential and discrete high‑grade zones… The previously reported wide step‑outs and now confirmed 300 m lateral extent demonstrate strong lateral continuity…” – Dr. Jaap Verbaas, CEO & Director, Miata Metals Corp.

Read the original news release →

More from Miata Metals Corp.

Oct 29, 2026 · 06:30

Miata reports its best grade-width intersection at Jons Trend, with 95% of the metal contained in a single 3.6 m interval.

Drill Results Oct 20, 2026 · 06:30

Miata’s JT-025 hole at Jons Trend returned 154 gram-metres over a 1.5 km corridor.

Drill Results Sep 29, 2026 · 06:30

Miata’s Jons Trend step-out matches the ~120 g.m anchor grade without exceeding the expected benchmark.

Drill Results Sep 21, 2026 · 06:30

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