Miata Targets Golden Hand’s Centre After Drilling Broad Mineralized Zones at Sela Creek Gold Project in Suriname

VANCOUVER, British Columbia, June 19, 2025 (GLOBE NEWSWIRE) -- Miata Metals Corp. (CSE: MMET) (FSE: 8NQ) (OTCQB: MMETF) (“Miata” or the “Company”) is pleased to announce assay results from drill holes 10 to 12, as it continues to vector towards the centre of the Golden Hand target. These three holes represent 564.2m of the ongoing 10,000m drill program. To date, assays for 2,011m of drilling have been released, with approximately 80% of the total planned program still to come. The project covers a total area of 215km².   

Golden Hand represents just 2km of strike length within a broader 8km corridor of active and historic artisanal mining. It is the first of seven high-priority targets identified to date within the concession. As drilling progresses, Golden Hand is being assessed both as an open pit and underground mineralized system. Less than 10% of the artisanal mining area of Sela Creek has been drill-tested at depth, leaving considerable room for further discovery. The majority of holes drilled by Miata have intersected multiple near-surface gold-bearing veins.

As this marks the first-ever drilling campaign at Golden Hand, Miata’s technical team is gaining valuable insights into the bedrock mineralogy, significantly enhancing its understanding of the project’s structural controls. This knowledge will also be applied across the remaining targets to increase the precision and effectiveness of the ongoing 10,000m drill program.

Highlights

• Results of the three holes reported today indicate potentially significant zones of interest near what the Company believes to be the centre of the Golden Hand target.
• Wide intercepts indicate a potentially substantial mineralized zone at Golden Hand, including:
  • 25DDH-SEL-010: 13.1m at 0.46 g/t Au from 38.0m
  • 25DDH-SEL-010: 24.2m at 0.24 g/t Au from 55.0m
    • Including 2m at 1.32 g/t Au from 58.7m
  • 25DDH-SEL-010: 25.5m at 0.36 g/t Au from 180.5m
    • Including 2m at 2.35 g/t Au from 204m
  • 25DDH-SEL-011: 50.1m at 0.30 g/t Au from 52.9m^*        
    • Including 2.1m at 1.49 g/t Au from 52.9m
• Assays for a further five drill holes at Golden Hand are pending.
• Hole 25DDH-SEL-017, which targets the interpreted centre of Golden Hand, is currently being drilled.
• Golden Hand is the most active artisanal mining area of the Sela Creek concession.
• Drilling at Golden Hand has yielded a refined structural model, which is now being applied across the broader concession.