Why Suriname.
Gold mining in Suriname is in an early, rapid discovery phase. Miata's two assets sit on the Guiana Shield — the geological twin of West Africa's great gold belts — in a pro-mining jurisdiction, beside producing major mines, on ground mined by hand for a century but barely tested by the drill.
A West African gold belt, on the other side of the Atlantic.
This age of rock is a major source of gold both in eastern South America and West Africa — the two were joined before the Atlantic opened. The Guiana Shield and its West African counterpart host many gold mines, typically shear- and fold-hosted orogenic deposits, single examples of which can exceed a million ounces.
Prolonged tropical weathering has produced laterite and saprolite profiles up to 100 m deep. The soft rock mines and mills at low cost — a structural advantage that carries through any future development.
Two concessions, beside the majors.
The belt produces at scale.
Two large-cap gold mines operate within the same Guiana Shield greenstone belt as Miata's ground. Their reserves frame what the system can host.
Merian
- Operator
- Newmont
- Gold reserves
- 3.9 Moz
- Reserve grade
- 1.16 g/t Au
- Relevance
- Adjacent to Nassau
Rosebel
- Operator
- Zijin Mining
- Gold reserves
- 3.5 Moz
- Reserve grade
- 1.1 g/t Au
- Relevance
- Same belt, Suriname
!Not comparable: drill intercept vs mineral reserve. The figures above are operator-reported mineral reserves (a grade over a defined, classified tonnage). Miata's best result to date — 96 m @ 1.41 g/t Au at Big Berg — is a single drill intercept over one core length, not a reserve, resource or average grade. The two cannot be read as equivalent.
Source: Miata Metals corporate presentation, June 2026 (operator-reported reserves). Nearby deposits are not necessarily indicative of mineralization on Miata's projects, and Miata has no current mineral resource or reserve estimate.
Suriname, framed for diligence.
A balanced view of the operating environment — the strengths that drew us, and the factors any institutional checklist should weigh.
Mining law & fiscal regime
Suriname operates a mineral-agreement framework under its Mining Decree; large mines run under negotiated fiscal terms. Smaller-scale exploration and exploitation rights are granted by concession.
Permitting status
Sela Creek holds an exploitation licence (renewed 2025) supporting the current drill program; Nassau is held at the exploration/concession stage.
Operating majors
Newmont (Merian) and Zijin Mining, via IAMGOLD's former Rosebel mine, operate large producing gold mines in-country — evidence that majors can permit, build and run mines in Suriname.
Infrastructure & access — candidly
Projects sit in interior rainforest with limited road, grid and port access; resupply is by river, air and seasonal tracks, and the wet season constrains field months. This raises logistics cost and is a genuine factor to underwrite.
Currency & macro
The Surinamese dollar (SRD) has seen material devaluation; Miata raises and reports in Canadian dollars, but in-country costs and labour carry currency and inflation exposure.
Stakeholders & social licence
Miata signed an MOU with the Okanisi People (May 2026) and partners with Suriname's largest drilling company — early steps toward the community and operational relationships interior projects depend on.
Sources: Miata Metals corporate presentation (June 2026); company disclosure. Jurisdiction factors are summarised for orientation and are not a substitute for independent legal, tax and country-risk diligence.
For the first-time visitor.
Neutral reference facts to orient the jurisdiction story. Figures marked “—” pending owner-sourced data.
The conditions for a discovery, aligned.
Uncharted territory
Mined artisanally for decades, yet barely tested in bedrock by systematic, modern exploration.
Industry-leading neighbours
Newmont's Merian and Zijin's Rosebel mines operate within the same belt — proof the system produces at scale.
Low-cost setting
Deep saprolite, skilled local labour, efficient labs and competitive drilling costs in a pro-mining jurisdiction.
Artisanal as a vector
A century of hand-mining maps the gold for us — every working is a clue to where bedrock mineralization sits.
Two assets, one thesis.
| Sela Creek | Nassau | |
|---|---|---|
| Area | ~215 km² | 19,916 ha (~199 km²) |
| Interest | 70 → 100% | 70 → 100% |
| Distance to Merian | Same belt, eastern Suriname | Adjacent to Newmont Merian |
| Status | Drilling | Pre-drill |
| Best result | 96 m @ 1.41 g/t Au at Big Berg (drill intercept, Mar 2026) |
High-grade quartz veins at surface |
| Targets | 7 along a 7 km corridor | 3 priority targets |
| Program | Fully funded 25,000 m diamond drilling, two rigs | Surface work ahead of maiden drilling |
Grade values are drill intercepts unless noted; grab/surface samples are selective by nature and not necessarily representative of the deposit. Figures use existing on-page disclosure. Source: Company.
Drilling
Illustrative · not to scale
Sela Creek
A 7 km gold corridor with seven targets along two major shear zones, drilled by a fully funded 25,000 m program. Best intercept to date: 96 m at 1.41 g/t Au at Big Berg (drill intercept, March 2026).
Pre-drill
Illustrative · not to scale
Nassau
A 19,916 ha concession beside Newmont's Merian mine — alluvial workings around a central plateau and high-grade quartz veins at surface, with three priority targets ahead of the drill.
Disciplined, drill-led, independently checked.
We work each target from surface sampling and auger through trenching to diamond drilling, building a 3D picture of the system hole by hole. Dr. Jacob (Jaap) Verbaas, P.Geo., CEO and a director of Miata Metals Corp., is a Qualified Person as defined under NI 43-101 and has reviewed and approved the scientific and technical information on this page.
Certified assay lab
Drill core analyzed at FILAB Suriname — ISO 9001:2015 certified.
Fire assay + AA finish
50 g fire assay; gravimetric and metallic-screen finishes on high-grade samples.
Standards, blanks & duplicates
Certified reference materials inserted through every sample sequence for QA/QC.
NI 43-101 technical report
An independent report on Sela Creek is filed and publicly available.
See the full investment case.
Capital structure, analyst coverage and the latest June 2026 deck.
Cautionary statements & forward-looking information
No current mineral resource or reserve. Miata Metals has no current NI 43-101 mineral resource or reserve estimate on its projects; the company is at the exploration stage.
Grab and surface samples. Grab and selective surface samples are by nature selective and are not necessarily representative of the mineralization on the property.
Nearby deposits. Mineralization on adjacent or nearby properties (including Newmont's Merian and Zijin's Rosebel) is not necessarily indicative of mineralization on Miata's projects.
Forward-looking information. This page contains forward-looking statements regarding exploration plans, drilling, permitting and jurisdiction, which involve risks and uncertainties that may cause actual results to differ materially. Such statements are made as of the date of this page and the company undertakes no obligation to update them except as required by law.
Dr. Jacob (Jaap) Verbaas, P.Geo., CEO and a director of Miata Metals Corp., is a Qualified Person as defined under NI 43-101 and has reviewed and approved the scientific and technical information on this page.
Information current as of June 2026.