Miata Intersects 4.3 m at 12.49 g/t Gold and 22.7 m at 2.23 g/t Gold at Jons Trend at the Sela Creek Gold Project, Suriname

VANCOUVER, British Columbia, Jan. 22, 2026 (GLOBE NEWSWIRE) -- Miata Metals Corp. (CSE: MMET) (FSE: 8NQ) (OTCQX: MMETF) (“Miata” or the “Company”) is pleased to announce the final assays from its 10,041 m 2025 drill program, highlighting high-grade intercepts at the Jons Trend zone, as well as promising results from the Big Berg target.

These assays from Jons Trend continue to expand on the existing discovery and delineate additional high-grade zones of gold mineralization. Miata expects to follow this up aggressively in its 2026 drill program, which is targeting 25,000 m.

Highlights

Jons Trend

• Eight holes from Jons Trend yielded exceptional high-grade results, including:
  • 4.3 m at 12.49 g/t gold from 122m in 25DDH-SEL-052
    • Including 1.3 m at 29.24 g/t gold
  • 22.7 m at 2.23 g/t goldfrom 70 m in 25DDH-SEL-059
    • Including 15.9 m at 2.84 g/t gold
  • 57 m at 1.01 g/t gold from 89 m in 25DDH-SEL-050
• Assay results from Jons Trend confirm continuous gold mineralization between the known discovery zone and previously reported step-out holes, demonstrating continuity across a previously untested 750 m by 250 m corridor at this promising target to depths of 200 m, which remains open in all directions.
• All holes but one in the drill program yielded multiple mineralized intercepts, and continue to extend and improve the size and grade at Jons Trend.
  
  

Big Berg

• Additionally, exploration drilling results from the Big Berg target, which is located about 500 metres south-east along strike from Jons Trend, yielded a high-grade interval to be followed up in 2026:
  • 8.1 m at 2.21 g/t gold from 94.3 m in 25DDH-SEL-040
    • Including 3.7 m at 3.94 g/t gold
      
      

“Results from Jons Trend continue to expand and improve the known zone of mineralization, yielding both wider disseminated intervals such as 57 m at 1.01 g/t gold, as well as high grade intervals, such as 4.3 m at 12.49 g/t gold,” stated Dr. Jaap Verbaas, CEO of Miata. “All information from the 4,200 m Miata drilled to date at Jons Trend points to a substantial mineralized system that is open in all directions. Over 2026 we intend to identify the full extent of Jons Trend’s known strike, width, and depth.

“Further, exploration drilling results from Big Berg include 8.1 m at 2.21 g/t gold, with mineralization appearing to be hosted by a mineralized brittle-ductile fault that has previously returned 14 m at 1.72 g/t gold. Discovery drilling on Puma, Golden Hand, and numerous other targets will comprise about half of the budgeted 25,000 m over 2026. We believe that Miata has the potential to make several discoveries in 2026 now that we know the key controlling features for gold mineralization across Sela Creek.”

Figure 1. Long section through Jons trend, showing an implicit grade model clipped to model vein wireframes. The reader is cautioned this is for drill targeting only and more drilling is required to verify grades of modeled zones

Jons Trend Drilling

Jons Trend drilling includes excellent results in hole 25DDH-SEL-052, which was drilled on the southeastern end of the current drill-defined extent. This hole yielded 4.3 m at 12.49 g/t gold from 122 m as well as a shallower zone of mineralization of 16.4 m at 1.00 g/t gold.

Hole 25DDH-SEL-054 was drilled in the center of Jons Trend and delineates the downdip extent of the four different vein zones within the discovery zone. This hole yielded four mineralized intercepts including 9 m at 2.20 g/t gold from 76.5 m, 17 m at 0.82 g/t gold from 117.0 m, 21 m at 0.64 g/t gold from 159 m, and 19 m at 1.01 g/t gold from 195 m.

Hole 25DDH-SEL-059, drilled adjacent to the main discovery zone, yielded an intercept of 22.7 m at 2.23 g/t gold. All but one hole yielded multiple mineralized intercepts and continue to extend and improve the size and grade at Jons Trend. Hole 25DDH-SEL-050 yielded a 57 m intercept at 1.01 g/t gold from 89 m, further substantiating the continuous nature of gold mineralization.

Discovery Drilling

Continued discovery drilling at Big Berg has yielded an interval of 8.1 m at 2.21 g/t gold from 94.3 m, including 3.7 m at 3.94 g/t gold in hole 25DDH-SEL-040. Miata is encouraged by drill results from this new hole, as well as a previously released result of 14 m at 1.72 g/t gold from 164 m in hole 25DDH-SEL-031. The Big Berg mineralization hosts the widest alteration zones so far seen on Sela Creek and appears to be associated with a mineralized brittle-ductile fault zone. Brittle-ductile transitions can be important localizing factors for gold deposition. Big Berg is located 500 m southeast and is along strike from Jons Trend.

Figure 2. Target locations on Sela Creek.

Drill Data

The data below summarizes the latest drill intercepts and collars from the 2025 drill program at the Jons Trend and Big Berg targets.

Table 1. Drill results. Intervals of more than 2.5 m and > 0.45 g/t gold are listed. True widths are estimates and may change.

Table 2. Drill collar data.

All drill results are available 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. Intervals with coarse visible gold or high-grade results were analyzed using Metallic Screen Assays at FILAB. Miata inserts certified reference standards, as well as blanks and ¼ core duplicates in the sample sequence for quality control and assurance.

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.

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

Forward-Looking Statements

Certain information contained herein constitutes “forward-looking information” under Canadian securities legislation. 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.

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