Miata Metals Extends High-Grade Gold Mineralization at Sela Creek
Event summary
- Miata Metals intersected 35.25 meters at 3.41 g/t Au, including 5.55 meters at 15.36 g/t Au at the Jons Trend, Sela Creek, Suriname.
- Drill hole 26DDH-JT-023 extended a significant mineralized vein zone by approximately 50 meters down-dip.
- Initial scout drilling at the Howler target, 750 meters from Jons Trend, indicates potential for lateral repetitions of similar mineralization.
- The Company's ongoing 25,000-meter diamond drilling program continues to demonstrate the continuity of gold-bearing vein zones at depth and along strike.
The big picture
Miata Metals' latest drill results at the Sela Creek Gold Project highlight the potential for significant gold mineralization, both in terms of grade and width. The continuity of mineralized vein zones at depth and along strike suggests strong exploration upside. The discovery of similar mineralization at the Howler target further indicates the potential for repeated vein zones laterally from Jons Trend, expanding the project's overall prospectivity.
What we're watching
- Resource Expansion
- Whether Miata can sustain high-grade intercepts and expand the mineralized zones at Jons Trend and Howler.
- Drilling Success
- The pace at which Miata can convert initial scout drilling success at Howler into a significant discovery.
- Development Potential
- How the stacked mineralization starting from surface at Jons Trend will influence future mining methods and economic viability.
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