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

Core Viewpoint - Miata Metals Corp. has reported significant drill results from the Jons Trend zone at its Sela Creek Gold Project in Suriname, indicating a 20% increase in the mineralized footprint and confirming the extension of higher-grade mineralization [2][4]. Summary by Sections Drill Results - The first four holes of the 2026 drill program have expanded the Jons Trend mineralized footprint by approximately 20%, increasing its lateral extent from 250 m to 300 m [2][4]. - Notable high-grade intervals include: - 32 m at 1.20 grams per tonne (g/t) gold from 50 m in hole 26DDH-JT-001 - 8.7 m at 3.47 g/t gold from 126 m in hole 26DDH-JT-001, including 0.7 m at 31.37 g/t gold - 11.3 m at 3.58 g/t gold from 180 m in hole 26DDH-JT-002, including 0.9 m at 30.40 g/t gold - 17.3 m at 1.65 g/t gold from 39 m in hole 26DDH-JT-004 [6][12]. Geological Context - Jons Trend is hosted within tightly folded metasedimentary rocks, with gold-bearing shear zones providing structural traps for mineralization [11]. - The mineralization is characterized by extensive silicification and sulphide mineralization within shear zone intercepts, with high-grade intervals associated with quartz-chlorite-pyrite-pyrrhotite extensional veins [10]. Exploration Potential - The Jons Trend represents only a small portion of the approximately 14 km of documented artisanal mining trend across Sela Creek, suggesting substantial exploration upside remains [4]. - With a second drill rig on site, the company plans to continue systematic expansion drilling at Jons Trend while testing multiple high-priority targets across the concession, including Puma, Big Berg, and Cambior [4].