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Miata Metals Commences Second Phase of Ground Exploration in Advance of Upcoming Drill Program on Sela Creek Gold Project
Vancouver, BC – TheNewswire - (February 5, 2025) – Miata Metals Corp. (CSE: MMET) (FSE: 8NQ) ("Miata" or the "Company") is pleased to provide an update on the C
About this update from Miata Metals Corp.
[{"type":"text","content":"Vancouver, BC – TheNewswire - (February 5, 2025) – Miata Metals Corp. (CSE: MMET) (FSE: 8NQ) (\"Miata\" or the \"Company\") is pleased to provide an update on the Company’s upcoming 5,000m Phase 1 Diamond Drill Program at the Sela Creek Gold Project in Suriname (“Sela Creek”), and to announce that the second phase of ground exploration is underway. The Company is now collecting samples around the first drill targets and assessing new exposures in the artisanal mining pits. Highlights: Sampling program to complement drill targeting is underway Fly camp has been erected on Sela Creek, with permanent camp construction ongoing The Company’s recently recorded technical presentation can be viewed here: First drill loads from Major Drilling have arrived at Sela Creek, with remainder expected in the coming days Phase 1 Diamond Drill Program expected to commence in the month of February “Our geologists have been actively ground sampling on Sela Creek and have collected 40 samples from the centre of new exposures in several artisanal mining1 pits,” stated Dr. Jaap Verbaas, CEO of Miata. “Several samples contain visible gold and a substantial amount of sulphides, which is a sign that our targeting efforts are paying off. Artisanal mining has continued since our sampling and mapping program in 2024, allowing us to obtain valuable insights into the continuation of mineralized structures at depth in advance of the commencement of drilling. The first load of drill equipment have arrived at Sela Creek, with the remaining loads expected in the coming days. Meanwhile, the fly camp on site is complete and we are making progress on the construction of the permanent camp.” Sampling program Geological work started on January 22 and will continue over the coming months. Over 40 grab samples2 together with structural geological data have been collected from several pits so far, and with the anticipated quick turnaround time from the lab, results from sampling will serve to further de-risk the drill targets. Grab samples and channel samples have been collected from both active and inactive mining1 areas immediately surrounding camp. Figure 1. Grab samples at the Puma target, showing visible gold (left, field of view roughly 2 cm) and sulphides in quartz (right), Figure 2. Deformed quartz veins in schist from the Golden Han...