What Miata Metals does

Miata Metals Corp. is a Canadian junior mineral exploration company headquartered in Vancouver and focused on acquiring, exploring, and developing gold properties in the Guiana Shield of Suriname. The company's portfolio centers on two core assets spanning more than 400 km²: the Sela Creek Gold Project, in which Miata holds a 70% interest across approximately 215 km² featuring the Jons Trend and Big Berg targets, and the Nassau Gold Project. Both projects have been artisanal mined for over 100 years, and the company employs LiDAR survey technology, 3D geological modeling, and systematic diamond drilling — including a fully funded 25,000-meter program at Sela Creek — to define and expand gold mineralization zones.

The company's exploration technology stack is conventional for the junior mining sector rather than software-driven: LiDAR surveys for terrain mapping, 3D modeling for drill target planning, and contract diamond drilling through a partnership with the largest drilling company in Suriname. The firm added the Nassau project and expanded its land position via the October 2024 all-share acquisition of 79North Inc. for approximately $4 million. In April 2026, Miata uplisted to the TSX Venture Exchange under ticker MMET while continuing to trade on OTCQX Best Market and the Frankfurt Stock Exchange.

Miata is pre-revenue and does not sell products or services; its business model is capital-markets-driven. The company funds exploration exclusively through equity financings, including a $6.37 million upsized private placement in October 2024, a $10 million public offering in November 2025, and an $11.5 million bought-deal public offering in December 2025 led by Cormark Securities. Its end market is retail and institutional investors seeking exposure to early-stage gold exploration in a pro-mining jurisdiction, and it reaches this audience through press releases on financial wire services, an active social media presence, corporate presentations, and tri-listed exchange trading.

Name

Miata Metals

Legal name

Miata Metals Corp.

Website

https://miatametalscorp.com

Company type

Public

Founded year

2021

Operating status

Operating

Headcount range

1–10 employees

Short description

Miata Metals is a Canadian junior gold exploration company operating two projects covering over 400 km² in Suriname's Guiana Shield, funded entirely through equity financings and serving retail and institutional investors seeking early-stage gold exposure.

Ownership category

akta.pro rank

Product category

Gold Mineral Exploration

NAICS

Gold Ore and Silver Ore Mining (212220)

SIC

Gold And Silver Ores (1040)

akta.pro primary industry

Rare Earths Mining & Concentrates (REE Ores) (IMAKAFAG)

Keywords

• Gold exploration
• Mineral exploration
• Junior mining
• Diamond drilling
• Mineral properties

Headquarters

HQ city

Vancouver

HQ country

Canada

HQ region

North America

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Supply Chain, Personnel, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Equity Financing / Capital Raises: As a pre-revenue junior mining exploration company, Miata Metals generates capital through public and private equity offerings. The company conducts bought-deal share offerings, private placements, and public offerings to raise funds for exploration activities. Recent financings include a $10 million public offering (November 2025) and a $11.5 million public offering including over-allotment (December 2025). The company also raised up to $6.37 million through an upsized private placement (October 2024).

Go-to-market motion1 record

Distribution channels4 records

Marketing channels7 records

Core offering

Miata Metals is a Canadian mineral exploration company that acquires, explores, and advances gold mineral properties in Suriname's Guiana Shield greenstone belt. Its two core assets are the Sela Creek Gold Project (~215 km², 70% interest, featuring the Jons Trend and Big Berg targets) and the Nassau Gold Project, explored through systematic diamond drilling, LiDAR surveys, and 3D geological modeling to define district-scale gold mineralization.

Product overview

Miata Metals is a Canadian mineral exploration company focused on gold projects in the Guiana Shield of Suriname, South America. The company operates two primary gold exploration projects: the Sela Creek Gold Project (70% interest, ~215 km²) and the Nassau Gold Project, collectively spanning over 400km². Both projects have been artisanal mined for over 100 years and show potential for district-scale gold deposits. The company conducts aggressive drilling programs and exploration activities, including diamond drilling at the Jons Trend and Big Berg targets within the Sela Creek project.

Differentiator

Problem solved

Functional benefit

Products and services

• Sela Creek Gold Project A ~215 km² gold exploration project in Suriname's Guiana Shield greenstone belt, in which Miata holds a 70% interest. It features the Jons Trend and Big Berg targets and is the subject of a fully funded 25,000-meter diamond drilling program aimed at defining district-scale gold mineralization.
• Nassau Gold Project A gold exploration project in Suriname forming part of Miata Metals' portfolio of over 400 km² between two gold assets in the Guiana Shield greenstone belt. The project has been artisanal mined for over 100 years and is supported by a comprehensive historical database indicating sub-surface exploration potential.

Quantifiable outcome

• Drill intercept of 23.75 m at 5.73 g/t Au demonstrating high-grade gold mineralization continuity
• +3 more outcomes

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Three partnerships are on record, tiered core.

• Okanisi PeoplecoreStrategic or Co-development Partner · 12 May 2026Miata Metals signed a memorandum of understanding (MOU) with the Okanisi People, the indigenous community in Suriname tied to the company's exploration activities. This partnership establishes formal collaboration with the indigenous community and is essential for conducting exploration at the Sela Creek Gold Project.
• 79North Inc.coreStrategic or Co-development Partner · 6 August 2024Miata Metals acquired all shares of 79North Inc. in an all-share transaction, broadening its portfolio with two gold projects (Sela Creek and Nassau) in Suriname's Guiana Shield. The transaction involved issuing 9 million Miata shares (valued at approximately $4 million) with former 79North shareholders owning approximately 21.2% of the combined company. Upon closing, 79North became a wholly-owned subsidiary of Miata.
• Largest Drilling Company in SurinamecoreStrategic or Co-development PartnerMiata Metals has established an expanding partnership with the largest drilling company in Suriname for its upcoming drill program. This partnership enables the company to conduct systematic diamond drilling operations with multiple rigs at its exploration projects.

Scale indicators15 records

Recent moves7 records

Expansion highlights6 records

Others

• Barrick Gold Corporation:

Direct peers

• Founders Metals: Canadian junior gold explorer with projects in the Guiana Shield of Suriname, including the Antino Gold Project. Directly comparable to Miata Metals by jurisdiction, commodity, and exploration stage, with active drilling campaigns reporting high-grade gold intercepts.
• Greenheart Gold: Junior gold explorer focused on the Guiana Shield in Suriname, with a similar project portfolio approach and capital markets profile to Miata Metals. Operates as a comparable early-stage Suriname gold developer.

Emerging players

• Troilus Gold: Canadian-listed junior gold developer advancing a past-producing mine in Quebec. Comparable as a junior gold company leveraging drilling results to drive valuation, though at a more advanced stage than Miata.
• Thesis Gold: Junior gold explorer advancing projects in British Columbia with active drill programs. Comparable to Miata Metals in scale, capital markets profile, and exploration-driven value-creation model.
• Awalé Resources: Junior gold and copper explorer active in West Africa with comparable early-stage exploration profile, capital markets dynamics, and discovery-driven value model to Miata Metals.
• Cantex Mine Development Corporation: Canadian junior gold and silver explorer with a similar discovery-stage profile to Miata Metals, operating drill programs financed through equity raises on Canadian exchanges.

Broad incumbents

• IAMGOLD Corporation: Mid-cap gold producer that operates the Rosebel Gold Mine in Suriname. Provides jurisdictional validation for Miata Metals' Suriname thesis and represents a likely acquirer if Sela Creek matures into a development-stage asset.
• Newmont Corporation: World's largest gold miner, operating the Merian Gold Mine in Suriname alongside a global portfolio. Validates the Suriname jurisdiction and represents a strategic acquirer of district-scale gold assets Miata is targeting.

Regional players

• Gold Port Corporation: Junior gold explorer with assets in Guyana (adjacent Guiana Shield jurisdiction to Suriname). Shares the broader Guiana Shield geological thesis and serves as a regional exploration peer to Miata Metals.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/Miata_Metals
• LinkedInlinkedin.com/company/miata-metals-corp

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries1 record

Funding overview

Funding rounds5 records

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Miata Metals