Miata Doubles Mineralized Footprint at Jons Trend with a 500m Step Out in Hole 039 and Highlights 54 m at 1.04 g/t Au in Hole 043
Globenewswire·2025-12-10 13:00

Core Insights - Miata Metals Corp. has announced significant drill results from the Jons Trend Zone at its Sela Creek Gold Project in Suriname, confirming gold mineralization across a 750 m by 250 m corridor to a depth of 200 m, with potential for further expansion [2][6][8] - The drilling results indicate a substantial increase in the known mineralized footprint, with a 500 m step-out confirming continuity and expanding the Jons Trend by over 100% [2][7][9] - The company plans to accelerate its discovery-focused program in Q1 2026 with a fully funded two-rig program to explore multiple prospects simultaneously [6][8] Drilling Results - All drill holes at Jons Trend have intersected gold mineralization, with notable intervals including 54 m at 1.04 g/t gold and 34 m at 1.05 g/t gold [7][8][9] - Continuous gold mineralization is now apparent over a 750 m x 250 m area, open along strike and to depth, representing an increase in size of over 100% [7][8] - The average depth drilled so far is 134 m, with results from 2,755 m still pending [7][9] Geological Insights - The drilling at Jons Trend reveals wide, consistent intervals of gold mineralization hosted in strongly deformed quartz-pyrite-pyrrhotite veining within a thick turbidite sequence, indicating a large bulk-tonnage prospect potentially amenable to open-pit mining [8][10] - Reprocessing of geophysical data suggests that the main structures at Sela Creek may extend to a depth of 1.5 km, indicating the potential for deeper gold mineralization [2][10] Future Plans - The company aims to demonstrate that Sela Creek is the next major gold district in Suriname, with plans to enhance exploration efforts in 2026 [8][20] - Miata Metals holds a 70% interest in the Sela Creek Gold Project and is exploring options to acquire a full 100% interest [20]