Miata Extends Gold Mineralization at Sela Creek with High-Grade Intercepts
Event summary
- Miata Metals intersected 63 meters at 1.44 g/t Au at Sela Creek, extending gold mineralization to a vertical depth of 250 meters.
- Drilling confirmed down-dip continuity across five known vein zones and discovered an additional zone below the previous geological model.
- Big Berg drilling returned broad and higher-grade intercepts, supporting the potential connection with Jons Trend in a 1,300-meter mineralized corridor.
- The 2026 drill program has completed approximately 10,300 meters of drilling across several targets at Sela Creek.
The big picture
Miata's latest drill results reinforce Sela Creek as a large, structurally controlled gold system with multiple centers of mineralization. The discovery of deeper zones and the potential connection between Jons Trend and Big Berg highlight the project's significant room for continued growth. This aligns with broader industry trends where successful exploration programs are increasingly focused on expanding known resources at depth.
What we're watching
- Resource Expansion
- Whether Miata can sustain the continuity and scale of mineralization at deeper levels.
- Geological Model
- How the emerging geological model will impact future drilling strategies and resource estimates.
- Market Reaction
- The pace at which investors respond to the expanded mineralized corridor and its potential for further growth.
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