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Miata Metals Hits Gold in Two Additional Targets with 5.3 m at 6.57 g/t Gold at Puma and 14m at 1.72 g/t Gold at Golden Hand

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Miata Metals (OTCQB:MMETF) has announced significant drill results from its Sela Creek Gold Project in Suriname, revealing promising gold mineralization at two targets. At the Puma Target, drilling yielded high-grade intercepts of 5.3m at 6.57 g/t gold, including sections with up to 51.16 g/t gold. The Golden Hand Target produced notable results with 14m at 1.72 g/t gold, including 4m at 4.85 g/t gold.

The company has completed 1,850m of drilling at Puma, with nearly all holes intersecting gold-bearing zones. The mineralization at Puma connects to a surface adit that previously yielded samples up to 194.2 g/t gold. These results demonstrate the project's district-scale potential and suggest the possibility of multiple gold-bearing pits across the underexplored gold field.

Miata Metals (OTCQB:MMETF) ha annunciato significativi risultati di trivellazione dal progetto Sela Creek Gold in Suriname, rivelando una promettente mineralizzazione aurifera su due obiettivi. Presso il Puma Target i carotaggi hanno fornito intercetti di alto grado di 5,3 m a 6,57 g/t oro, inclusi tratti con fino a 51,16 g/t oro. Il Golden Hand Target ha prodotto risultati notevoli con 14 m a 1,72 g/t oro, inclusi 4 m a 4,85 g/t oro.

L’azienda ha completato 1.850 m di trivellazione al Puma, con quasi tutti i pozzi che hanno intersecato zone ricche di oro. La mineralizzazione al Puma si collega a una galleria superficiale che in precedenza ha fornito campioni fino a 194,2 g/t oro. Questi risultati dimostrano il potenziale a livello distrettuale del progetto e suggeriscono la possibilità di molteplici siti auriferi lungo un campo aurifero poco esplorato.

Miata Metals (OTCQB:MMETF) ha anunciado resultados significativos de perforación en su Proyecto de Oro Sela Creek en Surinam, revelando una prometedora mineralización de oro en dos objetivos. En el Puma Target, la perforación arrojó interceptos de alto grado de 5,3 m a 6,57 g/t de oro, incluyendo secciones de hasta 51,16 g/t de oro. El Golden Hand Target produjo resultados notables con 14 m a 1,72 g/t de oro, incluyendo 4 m a 4,85 g/t de oro.

La empresa ha completado 1.850 m de perforación en Puma, con casi todos los agujeros intersectando zonas portadoras de oro. La mineralización en Puma se conecta a una galería superficial que previamente rindió muestras de hasta 194,2 g/t de oro. Estos resultados demuestran el potencial a escala de distrito del proyecto y sugieren la posibilidad de múltiples pepitas con oro a lo largo de un campo aurífero poco explorado.

Miata Metals (OTCQB:MMETF)가 수라남의 Sela Creek 골드 프로젝트에서 중요한 드릴 결과를 발표했다. 두 목표에서 금 광물화가 유망하다고 밝혔다. Puma Target에서 시추는 5.3m당 6.57 g/t 금의 고품위 인터섹트를 기록했고, 최대 51.16 g/t 금의 구간도 확인됐다. Golden Hand Target14m당 1.72 g/t 금의 주목할 만한 결과를 내며, 4m당 4.85 g/t 금의 구간을 포함한다.

회사 측은 Puma에서 1,850m의 시추를 완료했으며 거의 모든 구멍이 금 함유 지대를 교차했다. Puma의 광물화는 이전에 194.2 g/t 금의 샘플을 얻은 지상 갱도와 연결된다. 이 결과는 프로젝트의 지역 규모 잠재력과 덜 탐사된 금광대에서 다수의 금 함유 공장의 가능성을 시사한다.

Miata Metals (OTCQB:MMETF) a annoncé des résultats de forage importants sur le projet Sela Creek Gold au Suriname, révélant une minéralisation aurifère prometteuse sur deux cibles. À la cible Puma, les forages ont montré des intercepts de haut grade de 5,3 m à 6,57 g/t d’or, dont des sections atteignant jusqu’à 51,16 g/t d’or. La cible Golden Hand a produit des résultats notables avec 14 m à 1,72 g/t d’or, dont 4 m à 4,85 g/t d’or.

La société a terminé 1 850 m de forage à Puma, avec presque tous les trous croisant des zones porteuses d’or. La minéralisation à Puma se connecte à une galerie superficielle qui avait précédemment donné des échantillons jusqu’à 194,2 g/t d’or. Ces résultats démontrent le potentiel à l’échelle du district du projet et suggèrent la possibilité de plusieurs creusements aurifères le long d’un champ aurifère peu exploré.

Miata Metals (OTCQB:MMETF) hat bedeutende Bohrresultate des Sela Creek Gold-Projekts in Suriname bekannt gegeben und eine vielversprechende Goldmineralisierung an zwei Zielen gemeldet. Am Puma Target ergaben die Bohrungen hochgradige Intercepts von 5,3 m bei 6,57 g/t Gold, einschließlich Abschnitten mit bis zu 51,16 g/t Gold. Das Golden Hand Target lieferte bemerkenswerte Ergebnisse mit 14 m bei 1,72 g/t Gold, darunter 4 m bei 4,85 g/t Gold.

Das Unternehmen hat 1.850 m Bohrung bei Puma abgeschlossen, wobei fast alle Bohrlöcher Gold führende Zonen durchschneiden. Die Mineralisierung bei Puma verbindet sich mit einem Oberflächenstollen, der zuvor Proben von bis zu 194,2 g/t Gold lieferte. Diese Ergebnisse zeigen das lagerstättenweite Potenzial des Projekts und deuten auf die Möglichkeit mehrerer goldführender Brunnen in einem bisher wenig erkundeten Goldfeld hin.

Miata Metals (OTCQB:MMETF) أعلنت عن نتائج حفر مهمة من مشروع Sela Creek Gold في سورينام، كاشفة عن ترسيب ذهب واعد عند هدفين. عند هدف باوما، أظهر الحفر مقاطع عالية الدرجة من 5.3 م عند 6.57 جم/ص من الذهب، بما في ذلك مقاطع تصل حتى 51.16 جم/ص من الذهب. أما هدف Golden Hand فقد قدم نتائج ملحوظة بــ14 م عند 1.72 جم/ص من الذهب، بما في ذلك 4 م عند 4.85 جم/ص من الذهب.

أنهت الشركة 1,850 م من الحفر في باوما، مع تقاطُع معظم الآبار مع مناطق مُحمّلة بالذهب. ترتبط المعادن في باوما بفتحة سطحية كانت قد قدمت عينات حتى 194.2 جم/ص من الذهب من قبل. هذه النتائج تُظهر إمكانية المشروع على مستوى القطاع وتُشير إلى احتمال وجود عدة فِقْـعَات مُحمّلة بالذهب عبر حقل ذهبي غير مستكشف بشكل كافٍ.

Miata Metals (OTCQB:MMETF) 宣布位于苏里南的 Sela Creek 金矿项目取得重要钻探结果,显示在两个目标区存在有前景的金矿化。在 Puma Target 的钻探中,出现了高品位段落:5.3m 评 6.57 g/t 金,其中部分段落最高可达 51.16 g/t 金Golden Hand Target 也有显著结果,14m 评 1.72 g/t 金,其中 4m 评 4.85 g/t 金

公司在 Puma 已完成 1,850m 的钻探,几乎所有钻孔都穿过含金带。Puma 的矿化与一个表层巷道相连,该巷道此前样品金品位高达 194.2 g/t 金。这些结果显示了该项目在区域尺度上的潜力,并暗示在这个尚未充分勘探的金矿区内可能存在多处含金矿脉。

Positive
  • High-grade gold intercepts discovered at Puma Target with 5.3m at 6.57 g/t gold
  • Wide mineralization zones found at Golden Hand Target with 14m at 1.72 g/t gold
  • Nearly all drill holes at Puma Target (except one) intersected gold-bearing zones
  • Surface samples show extremely high-grade potential with up to 194.2 g/t gold
Negative
  • True width of mineralization remains unknown
  • Project still in early exploration phase with no defined resource estimates

VANCOUVER, British Columbia, Sept. 16, 2025 (GLOBE NEWSWIRE) -- Miata Metals Corp. (CSE: MMET) (FSE: 8NQ) (OTCQB: MMETF) (“Miata” or the “Company”) is pleased to announce significant drill results from two different targets at its Sela Creek Gold Project (“Sela Creek” or the “Project”) in Suriname. Results include near-surface, high-grade mineralization in hard rock at the Puma Target (“Puma”) and wide mineralized intervals at depth at the Golden Hand Target (“Golden Hand”), further demonstrating the district-scale potential of Sela Creek.

Highlights

  • Drilling at the Puma Target yielded another shallow high-grade intercept in 25DDH-SEL-030 of 5.3m at 6.57 g/t gold from 37.3m1 in hard rock, including
    • 2.5 m at 13.10 g/t gold from 37.7m, and
    • 0.5 m at 51.16 g/t gold from 39.7m.
  • The intercept projects to a surface adit approximately 60m away that has previously yielded grab samples of up to 194.2 g/t gold.
  • Drilling at the Golden Hand Target yielded an intercept in 25DDH-SEL-031 of 14m at 1.72 g/t gold from 164m1, including
    • 4m at 4.85 g/t gold from 174m, and
    • 1.2m at 7.8 g/t gold from 174.8m.

“These latest results highlight excellent progress at Sela Creek,” stated Jaap Verbaas, CEO of Miata Metals. “At Puma, we are seeing bonanza grade mineralization in bedrock directly tied to artisanal workings, which provides us with valuable structural insights to guide follow-up drilling. At Golden Hand, broader mineralized halos with higher-grade cores point to excellent potential for both grade and width. With four confirmed targets now showing the types of grades and widths typical of orogenic gold systems, we are confident that Sela Creek has the potential to host multiple, gold-bearing pits. Our technical team is doing excellent work simultaneously proving up multiple targets as we advance drilling, trenching, and auger sampling to unlock further discoveries across this underexplored gold field.”

Sela Creek now contains four different targets where drill discoveries indicate meaningful widths and grades for orogenic gold style mineralization. Artisanal mining in saprolite suggests several more targets with the potential for open pit mining.

Figure 1. Sela Creek now contains four different targets where drill discoveries indicate meaningful widths and grades for orogenic gold style mineralization. Artisanal mining in saprolite suggests several more targets with the potential for open pit mining.

Puma

Drill Hole 25DDH-SEL-030 intersected an interval of crack-seal veining including 0.5m at 51.16 g/t gold from 39.7m, and 0.5m at 10.4 g/t Au from 38.2m. The mineralization plunges along a fold axial plane and a tonalite contact, providing valuable structural controls for future targeting. This intercept projects directly to a nearby artisanal adit (approximately 60m away) that previously yielded grab samples of up to 194.2 g/t gold, confirming continuity between surface workings and subsurface mineralization.

To date, Miata has completed 1,850 m of drilling at Puma. Except for one hole (SEL-026), all holes intersected gold-bearing zones, providing critical information for planning further drilling and trenching across the 2.7 km strike length of the target.

25DDH-SEL-030 at 40m, showing crack-seal veining and visible gold occurrences marked with red marker.

Figure 2. 25DDH-SEL-030 at 40m, showing crack-seal veining and visible gold occurrences marked with red marker.

Golden Hand

At the Golden Hand target, follow-up drilling on hole 25DDH-SEL-016 with hole 25DDH-SEL-031 yielded an interval of 14m at 1.72 g/t Au from 164m, including 4m at 4.85 g/t Au from 174m. The interval is preceded by approximately 20 m of low-grade mineralization, suggesting a wide mineralized halo surrounding higher-grade cores. Structural measurements indicate the zone projects toward a nearby artisanal mining pit, providing a strong follow-up target. Decades of artisanal3 mining have already proven Sela Creek’s high-grade potential at surface, and Miata’s drilling is now confirming multiple mineralized zones at depth.

Mineralization at the Golden Hand target in SEL25-DDH-031. The interval from 174.8 – 176m yielded 7.80 g/t gold.

Figure 3. Mineralization at the Golden Hand target in SEL25-DDH-031. The interval from 174.8 – 176m yielded 7.80 g/t gold.

The Company is now re-evaluating the Jons trend target, where drilling by a previous operator intersected 42 metres averaging 1.22 g/t gold. Incorporating new geological insights from recent drilling and historical core, the Company is now testing the target from a different angle and along strike to better assess its potential.

All drill results are available on the Company website through this link.

QAQC

Samples were analyzed at FILAB Suriname, a commercial certified laboratory under ISO 9001:2015. Samples are crushed and pulverized to 85% passing 88 µm prior to analysis using a 50 g fire assay (50 g aliquot) with an Atomic Absorption (AA) finish. For samples that return assay values over 5.0 grams per tonne (g/t), another cut was taken from the original pulp and fire assayed with a gravimetric finish. Miata Metals inserts certified reference standards in the sample sequence for quality control.

QP Statement

The scientific and technical information in this news release has been reviewed and approved by Dr. Jacob Verbaas, P.Geo., a director of the Company and Qualified Person as defined under the definitions of National Instrument 43-101 – Standards of Disclosure for Mineral Projects.

1True width unknown
2Miata does not generate revenue from artisanal mining activity.

About Miata Metals Corp.

Miata Metals Corp. (CSE: MMET) is a Canadian mineral exploration company listed on the Canadian Securities Exchange, as well as the OTCQB (OTCQB: MMETF) and Frankfurt (FSE: 8NQ) Exchanges. The Company is focused on the acquisition, exploration, and development of mineral properties. The Company holds a 70% interest in the ~215km2 Sela Creek Gold Project with an option to acquire a full 100% interest in the Project, and a 70% beneficial interest in the Nassau Gold Project with an option to acquire 100%. Both exploration properties are located in the greenstone belt of Suriname.

On Behalf of the Board

Dr. Jacob (Jaap) Verbaas, P.Geo | CEO and Director
info@miatametals.com
+1 778 488 9754

Neither the CSE nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements

Certain information contained herein constitutes “forward-looking information” under Canadian securities legislation. Forward-looking information includes, but is not limited to the use of proceeds of the Offering. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “anticipates”, “anticipated”, “expected”, “intends”, “will” or variations of such words and phrases or statements that certain actions, events or results “will” occur. Forward-looking statements are based on the opinions and estimates of management as of the date such statements are made and they are from those expressed or implied by such forward-looking statements or forward-looking information subject to known and unknown risks, uncertainties and other factors that may cause the actual results to be materially different, including receipt of all necessary regulatory approvals. Although management of the Company have attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. The Company will not update any forward-looking statements or forward-looking information that are incorporated by reference herein, except as required by applicable securities laws.

The Canadian Securities Exchange has not reviewed this press release and does not accept responsibility for the adequacy or accuracy of this news release.

Photos accompanying this announcement are available at

https://www.globenewswire.com/NewsRoom/AttachmentNg/45ee71eb-f786-44a6-826e-c57a1c4502a3

https://www.globenewswire.com/NewsRoom/AttachmentNg/a5b3956b-8376-4cf3-b9b0-195023df3205

https://www.globenewswire.com/NewsRoom/AttachmentNg/f39c667a-ce87-476d-9cf1-eb45a94db1ee


FAQ

What were the latest gold drilling results from Miata Metals (MMETF) at Sela Creek?

At the Puma Target, drilling yielded 5.3m at 6.57 g/t gold, including 0.5m at 51.16 g/t gold. At Golden Hand Target, results showed 14m at 1.72 g/t gold, including 4m at 4.85 g/t gold.

How much drilling has Miata Metals completed at the Puma Target?

Miata Metals has completed 1,850 meters of drilling at the Puma Target, with nearly all holes except one intersecting gold-bearing zones.

What is the highest gold grade found in surface samples at Miata's Sela Creek Project?

Surface grab samples from an artisanal adit near the Puma Target yielded up to 194.2 g/t gold.

How many confirmed gold targets does Miata Metals have at Sela Creek?

Miata Metals has four confirmed targets showing grades and widths typical of orogenic gold systems at the Sela Creek Project.

What is the potential of the Golden Hand Target at Sela Creek?

The Golden Hand Target shows promising potential with wide mineralized halos and higher-grade cores, demonstrated by an intercept of 14m at 1.72 g/t gold, including 4m at 4.85 g/t gold.
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