Vancouver, British Columbia--(Newsfile Corp. - August 26, 2024) - Miata Metals Corp. (CSE: MMET) ("Miata" or the "Company") is pleased to announce that it has entered into an option agreement (the "Sela Creek Agreement") with the registered owner (the "Optionor") of the 21,929 ha. Sela Creek gold project in Suriname ("Sela Creek"), allowing Miata to increase its earn-in option to acquire 100% ownership, from the 70% currently held by 79North Inc. (CSE: JQ) ("79North"). As previously announced, the Company has signed a definitive agreement to acquire 79North, and the Sela Creek Agreement maximizes Miata's exposure to this highly prospective gold property.

Suriname contains a prolific gold endowment associated with greenstone belts in the Guiana Shield. It is home to multiple producing gold mines and mature development projects, despite being relatively under-explored compared to other South American and West African countries in the Guiana/West African Shield. Through the Sela Creek Agreement, and the acquisition of 79North with its Nassau gold project ("Nassau"), Miata aims to establish itself as a multi-asset explorer in the country of Suriname.
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