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Miata Metals Intersects 18 m at 2.58 g/t Gold Near Surface at Puma Target, Sela Creek
Globenewswire·2025-09-04 12:30

Core Insights - Miata Metals Corp. has reported significant near-surface mineralization at the Puma Target within the Sela Creek Gold Project, indicating a strong potential for high-grade gold mineralization over substantial widths [1][3][8] Drilling Results - Initial drilling at Puma revealed an intercept of 18 meters at 2.58 g/t gold, including 7.5 meters at 5.64 g/t and 1.5 meters at 20.88 g/t, highlighting the district-scale potential for wide zones of high-grade gold [3][8] - The mineralized intercept is located in saprolite, a favorable material for low-cost processing, and the drilling has only tested a small portion of the 2.7 km trend, leaving considerable room for further discovery [4][8] Future Plans - The company plans to conduct follow-up trenching and drilling to define the orientation and continuity of the mineralized zone, with results from Puma expected to inform targeting across other high-priority zones within the 215 km² Sela Creek concession [3][5] - With the dry season in Suriname, Miata is utilizing two excavators to expedite surface work, including trenching and drill pad preparation, to enhance the efficiency of exploration efforts [5] Company Overview - Miata Metals Corp. is a Canadian mineral exploration company focused on acquiring, exploring, and developing mineral properties, holding a 70% interest in the Sela Creek Gold Project and an option to acquire a full 100% interest [9]