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]. Group 1: 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][6]. - Notable drill results include: - 32 m at 1.20 grams per tonne (g/t) gold in hole 26DDH-JT-001 from 50 m, with a high-grade interval of 0.7 m at 31.37 g/t gold from 128.16 m [6][10]. - 11.3 m at 3.58 g/t gold in hole 26DDH-JT-002 from 180 m, including 0.9 m at 30.40 g/t gold [6][10]. - 17.3 m at 1.65 g/t gold in hole 26DDH-JT-004 from 39 m [6][10]. Group 2: Geological Insights - Jons Trend is characterized by a large, structurally controlled gold system with multiple gold zones, indicating both bulk-tonnage potential and discrete high-grade zones of mineralization [4][11]. - The mineralization is associated with extensive silicification and sulphide mineralization within shear zone intercepts, with high-grade intervals linked to quartz-chlorite-pyrite-pyrrhotite extensional veins [8][11]. Group 3: Future Exploration - The company is utilizing a second drill rig to continue systematic expansion drilling at Jons Trend while also testing multiple high-priority targets across the concession, such as Puma, Big Berg, and Cambior [4][16]. - Sela Creek is increasingly demonstrating the characteristics of a potentially district-scale gold system, with substantial exploration upside remaining [4][16].