Miata Metals Corp. (CSE: MMET) (FSE: 8NQ), a Canadian mineral exploration company, has announced the details of its maiden drill program at the Sela Creek Gold Project in Suriname. This initiative marks a significant step forward as the company prepares to explore high-priority targets identified through extensive geological modeling.
Miata Metals Corp. has identified three initial drill-ready targets at the Sela Creek Gold Project, Golden Hand, Puma, and Stranger, which are part of a mineralization trend extending over seven kilometers. Among these, the Golden Hand target is the most significant, measuring 2.3 kilometers in length and serving as the largest fault-bounded mineralizing trend. The company plans to conduct systematic drilling at these sites using diamond drill holes that will reach depths of up to 200 meters. Equipment mobilization for the drilling program is expected to occur in late November or early December, paving the way for drilling operations to commence by the end of the year. Additionally, Miata has recognized over ten other high-priority targets based on historical data, with further exploration planned to enhance confidence in these locations.
Dr. Jacob Verbaas, CEO of Miata Metals, emphasized the comprehensive geological model developed by the technical team, which integrates data from various sources, including remote sensing and historical mining activities. This model is crucial for guiding the upcoming drilling and trenching programs.
“Our geological team has finished developing a comprehensive model for gold mineralization at Sela Creek,” stated Dr. Verbaas. He highlighted that the model is based on two decades of remote sensing data and recent LiDAR surveys, which have provided valuable insights into artisanal mining activities documented through satellite imagery.
The company aims to maintain a disciplined approach during its exploration efforts, focusing initially on the three most promising targets. Dr. Verbaas noted that the primary risk in such concessions is not the absence of gold but rather misdirected exploration efforts. Thus, targeting these high-confidence areas is critical for maximizing success.
The drilling strategy will leverage historical data to interpret vein array locations, sets of veins that artisanal miners have targeted. Historical drilling has previously intersected these vein arrays at certain locations near Golden Hand, while others like Puma have been channel sampled but not drilled.
All mining activities within Sela Creek are located close to the Central Guiana Shear Zone, a significant geological feature associated with notable gold deposits in French Guiana. This shear zone’s cross faults and splays are visible from satellite imagery and bound several large mining pits within Miata’s concession area.
Miata is currently finalizing logistical plans for its maiden drill program. The transportation of drilling equipment poses challenges due to low water levels in local rivers caused by a severe dry season; however, alternative transport options are being explored. The construction of necessary camp facilities and infrastructure is expected to commence shortly.
The company remains committed to advancing its exploration agenda efficiently and effectively, ensuring that it capitalizes on all available data to identify and develop gold resources at Sela Creek.
Miata Metals Corp. is dedicated to acquiring and developing mineral properties in Canada and South America. With a focus on gold exploration, it holds a 100% interest in the Sela Creek Gold Project and continues to seek additional opportunities within prospective regions.
The scientific and technical information has been reviewed and approved by Ms. Danae Voormeij, P.Geo., a director of the company and a Qualified Person as defined under the definitions of National Instrument 43-101 – Standards of Disclosure for Mineral Projects.
