Miata Intersects 96 M Of 1.41 G/T Gold In Near-Surface Gold System At Big Berg, Delivering Best Intercept To Date At The Sela Creek Gold Project, Suriname

(MENAFN- GlobeNewsWire - Nasdaq) VANCOUVER, British Columbia, March 24, 2026 (GLOBE NEWSWIRE) -- Miata Metals Corp. (CSE: MMET) (FSE: 8NQ) (OTCQX: MMETF) (“Miata” or the“Company”) is pleased to announce drill results from its ongoing, 25,000 m diamond drilling program at its Sela Creek Gold Project (“Sela Creek” or the“Project”) in Suriname. These results are from drilling at the Big Berg target, one of several high-priority zones currently being tested across Sela Creek.

Initial drilling at Big Berg has returned the strongest intercepts to date at Sela Creek, confirming a broad gold system with consistent mineralization from surface. These results highlight the first large discovery outside of Jons Trend, adding scale to the Project via the drill bit and highlighting its district-scale potential. The scale and geometry of mineralization suggest Big Berg may form part of the same structural corridor as Jons Trend, located approximately 1 km along strike from Jons Trend, and further drill-testing of this trend and its continuity is ongoing.

Highlights

• 26DDH-BB-003 intersected:
  • 67.5 m at 1.13 g/t Au from surface ^1,2
  • and 96 m at 1.41 g/t Au from 96 m ^{1, 3}

• Including multiple high-grade zones:
  • 18.1 m at 2.95 g/t Au² from 40.4 m
  • 7.7 m at 5.79 g/t Au ² from 130.3 m
  • 4.65 m at 3.98 g/t Au² from 147 m
  • 23.5 m at 2.34 g/t Au ² from 168.5 m

• Big Berg is a new discovery, approximately 1 km southeast of Jons Trend
• Continuity of gold mineralization was confirmed in three additional drill holes at Big Berg:
  • 7 m at 3.75 g/t Au ² from 96 m in DDH-BB-001
  • 25 m at 0.90 g/t Au² from 69 m, and 5.25 m at 2.38 g/t Au from 105 m in DDH-BB-002
  • 7.25 m at 2.79 g/t Au ² from 90.75 m and 7.2 m at 1.99 g/t Au from 110.8 m in DDH-BB-04
• Big Berg and Jons Trend remain open along strike and at depth, highlighting significant district-scale expansion potential
• One rig continues drilling at Big Berg to expand discovery zone
  

Figure 1. Long section of interpreted mineralized zones at the Big Berg target. Location of section is indicated on Figure 2 with A-A'.

“These results from Big Berg mark a defining moment for the Sela Creek Project,” stated Dr. Jacob (Jaap) Verbaas, CEO of Miata.“Intersecting nearly 100 metres of continuous gold mineralization at 1.41 g/t Au in a new target, beginning near surface, is a clear indication that we have found a large and robust gold system. When combined with the higher-grade intervals throughout the hole, this represents the strongest drilling we have seen on the Project to date.”

What is particularly compelling is the strong similarity between Big Berg and Jons Trend. While Jons Trend continues to grow toward what we expect will form the basis of an initial resource, Big Berg demonstrates that mineralization extends beyond a single discovery zone.”

“Both Big Berg and Jons Trend remain open along strike and at depth, and we are well positioned to continue expanding the system and defining its full scale. One of our drill rigs has now returned to Big Berg to continue testing this exciting new discovery.”

Big Berg Target

Big Berg is situated approximately 800 to 1,200 metres along strike from Jons Trend, within the same interpreted structural corridor that hosts gold mineralization across the central portion of the Sela Creek property. Drilling at Big Berg has confirmed a robust and laterally extensive mineralized system characterized by broad zones of gold mineralization, with local high-grade mineralized zones.

Hole 26DDH-BB-003 is particularly significant, intersecting repeating mineralized zones from surface through to depth, with two major zones that combine to 67.5 m and 96 m respectively. These wide intercepts, combined with multiple higher-grade intervals such as 2.5 m at 15.34 g/t Au from 45 m and 2 m at 17.84 g/t Au from 131.3 m, point to a strong gold system that may be amenable to open-pit mining.

MENAFN24032026004107003653ID1110899661