Miata Metals Begins Drilling at Puma Target Following High Grade Surface Results on Sela Creek Gold Project

Core Insights - Miata Metals Corp. has commenced drilling at the Puma Target, which is one of its highest-priority targets, following the completion of drilling at the Golden Hand Target [1][5][11] - The Puma Target is characterized by a significant strike length of approximately 2.7 km and a width of 400 m, indicating a potentially rich gold system [2][6] - The company plans to drill a minimum of 2,000 meters at Puma as part of a larger 10,000-meter drilling program, with further allocations based on results [3][5] Exploration Details - The Puma Target has never been drilled before and is supported by high-quality data, including historical channel samples that returned grades of 3.12 g/t Au over 8 m and 4.07 g/t Au over 5 m, along with recent grab samples showing 194.2 g/t Au and 39.16 g/t Au [7] - Recent geological mapping has identified new mineralized structures at Puma, enhancing the understanding of its potential [7][11] - The exploration at Golden Hand has refined the geological model, which is now informing the targeting strategy at Puma [11] Project Overview - Miata Metals Corp. holds a 70% interest in the Sela Creek Gold Project, which spans approximately 215 km, and has an option to acquire a full 100% interest [14] - The Sela Creek area has a history of shallow artisanal mining, with less than 10% of the area drill-tested at depth, indicating significant potential for further discoveries [3][11] - The Puma Target is strategically located near the Central Guyana Shear Zone, a key structure for gold mineralization in the region [8]