Dr. Jacob Verbaas reports

MIATA INTERSECTS 11.3 M AT 3.58 G/T GOLD AND FURTHER EXPANDS JONS TREND FOOTPRINT AT THE SELA CREEK GOLD PROJECT, SURINAME

Miata Metals Corp. has released additional drill results from the Jons Trend zone at its Sela Creek gold project in Suriname.

Results from the first four holes of the 2026 drill program continue to expand the existing discovery and have increased the Jons Trend mineralized footprint by approximately 20 per cent while remaining open for further expansion in all directions. The newly reported holes confirm extension of higher-grade mineralization across the northern portion of the system and increase the lateral extent of the zone from 250 metres to 300 metres.

Highlights:

• First four holes of 2026 reported from Jons Trend:
  • 32 m at 1.20 grams per tonne gold in 26DDH-JT-001 from 50 m;
  • 8.7 m at 3.47 g/t gold in 26DDH-JT-001 from 126 m:
    • Including 0.7 m at 31.37 g/t gold from 128.16 m;
  • 11.3 m at 3.58 g/t gold in 26DDH-JT-002 from 180 m:
    • Including 0.9 m at 30.40 g/t gold from 181 m;
  • 17.3 m at 1.65 g/t gold in 26DDH-JT-004 from 39 m.
• Jons Trend lateral extent increased by 20 per cent to 300 m;
• High-grade mineralization confirmed along northern extent of Jons Trend;
• All intervals herein reported as true width, reflecting improved structural understanding.

"With each successive drill hole, Jons Trend is growing in size from a single discovery zone into a large, structurally controlled gold system of multiple gold zones with both bulk-tonnage potential and discrete high-grade zones of mineralization," stated Dr. Jaap Verbaas, chief executive officer of Miata. "The previously reported wide stepouts and now confirmed 300-metre lateral extent of Jons Trend demonstrate strong lateral continuity, while repeated high-grade intervals above 30 g/t gold are tracking higher-grade zones within the broader mineralized envelopes. Importantly, Jons Trend represents only a small portion of the approximately 14 kilometres of documented artisanal mining trend across Sela Creek. With a second drill rig on site, the company can continue systematic expansion drilling at Jons Trend while concurrently testing multiple high-priority targets across the concession, including Puma, Big Berg and Cambior. Sela Creek is increasingly demonstrating the characteristics of a potentially district-scale gold system with substantial exploration upside remaining."

Jons Trend drilling

The results reported in this news release represent a fence of drill holes along the northern extent of Jons Trend, stepping out approximately 50 m from previously drilled holes. These holes increase the lateral extent of the mineralized zones from 250 m to 300 m and intersect multiple high-grade zones within broader mineralized envelopes.

Two notable high-grade intercepts, were intersected in separate drill holes:

• 8.7 m at 3.47 g/t Au in 26DDH-JT-001 from 126 m;
• 11.3 m at 3.58 g/t Au in 26DDH-JT-002 from 180 m.

These intercepts confirm continuity of higher-grade mineralization across the expanded width of the target and demonstrate that Jons Trend remains open to the north. Jons Trend is also open to depth and along strike.

Longer intervals of mineralization are characterized by extensive silicification and sulphide mineralization within shear zone intercepts. Notable broad zones include:

• 32.0 m at 1.20 g/t Au in 26DDH-JT-001 from 50 m;
• 17.3 m at 1.65 g/t Au in 26DDH-JT-004 from 39 m.

Shorter, high-grade intervals are associated with quartz-chlorite-pyrite-pyrrhotite extensional veins within the broader shear system. These veins occur within a strongly altered package marked by silica, chlorite, white mica and local biotite alteration, with accessory titanite. Gold mineralization is typically associated with chlorite, pyrite and pyrrhotite disseminations adjacent to and concentrated along locally boudinaged quartz veins.

Jons Trend is hosted within tightly folded metasedimentary rocks metamorphosed to upper greenschist to lower amphibolite facies. Fold axes follow a strong northeast-to-southwest trend. Two orientations of gold-bearing shear zones crosscut the folded package, one fold parallel and the other slightly oblique, providing structural traps for mineralization.

Quality assurance/quality control

Samples were analyzed at FILAB Suriname, a commercial certified laboratory under ISO 9001:2015. Samples are crushed and pulverized to 85 per cent passing 88 micrometres prior to analysis using a 50-gram fire assay (50-gram aliquot) with an atomic absorption (AA) finish. For samples that return assay values over 5.0 g/t, another cut was taken from the original pulp and fire assayed with a gravimetric finish. Samples with coarse visible gold or returning an assay value over 10.0 g/t, metallic screen analysis is conducted on the coarse reject material. Miata Metals inserts certified reference standards as well as blanks and one-quarter core duplicates in the sample sequence for quality control and assurance.

Qualified person statement

The scientific and technical information in this news release has been reviewed and approved by Dr. Jacob Verbaas, PGeo, 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 is a Canadian mineral exploration company listed on the Canadian Securities Exchange as well as the OTCQB exchange and the Frankfurt Stock Exchange. The company is focused on the acquisition, exploration and development of mineral properties. The company holds a 70-per-cent interest in the approximately 215-square-kilometre Sela Creek gold project, with an option to acquire a full 100-per-cent interest in the project, and a 70-per-cent beneficial interest in the Nassau gold project, with an option to acquire 100 per cent. Both exploration properties are located in the greenstone belt of Suriname.

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