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

Core Viewpoint - Miata Metals Corp. has initiated a fully funded 25,000-metre diamond drilling program at its Sela Creek Gold Project in Suriname, aiming to expand known gold mineralization and explore high-priority targets [1][2][4]. Drilling Program Overview - The 2026 drill program is designed to more than double the metres drilled compared to the successful 2025 campaign, focusing on advancing the Jon's Trend gold system and testing multiple exploration targets [2][5]. - Approximately 12,500 metres will be allocated to the Jon's Trend target, which has shown a broad, shallow-dipping gold system, while the remaining 12,500 metres will target advanced exploration areas such as Puma, Stranger, and Howler [6][7]. CEO Commentary - Dr. Jacob Verbaas, CEO, emphasized that the drill program marks a significant year for the Sela Creek Gold Project, with visible gold intersected in the first two holes of 2026, validating the refined targeting approach [4][9]. Initial Drilling Results - The first two drill holes, 26DDH-JT-001 and 26DDH-JT-002, intersected visible gold at depths of 134.20 m and 181.70 m, respectively, within intervals of dense veining and elevated sulphide content [10][11]. - The drilling at Jon's Trend is correlated with high-grade gold occurrences, with initial samples showing significant gold grades [12]. Targeted Exploration Areas - Key targets for the 2026 drilling include Big Berg, Puma, Stranger, and Golden Hand, with specific drill plans based on previous successful intercepts and artisanal mining activity [16][18]. - At Big Berg, recent artisanal mining has revealed high-grade samples, while Puma has shown promising results from previous drilling, indicating a strong potential for further discoveries [16][18]. Structural Controls and Drilling Strategy - The company has refined its drilling strategy based on a better understanding of the structural framework controlling gold mineralization, which has improved the predictability of results and the effectiveness of step-out drilling [19][20]. - This refined approach has been applied across the project, enhancing the technical foundation for both delineation and discovery drilling [20]. Program Timeline and Future Updates - Drilling and surface exploration activities are expected to continue through December 2026, with regular updates on assay results and drilling progress anticipated [21].