Miata Metals Reports High Gold Grades from Sela Creek Project
Miata Metals Achieves Record Gold Samples at Sela Creek
Miata Metals Corp. is thrilled to announce significant exploration results from the Sela Creek Gold Project, marking an impressive start to the new year. The drill rig has successfully arrived at the project site, gearing up for an ambitious maiden diamond drilling program that aims to cover 10,000 meters in 2025.
Exploration Highlights from Sela Creek
The initial exploration has highlighted remarkable gold grades from various grab samples. One notable sample from an extension of the Puma target returned an astounding 194.2 g/t Au. This exciting find demonstrates the high potential of this area for future mineral resource development.
Additionally, grab samples collected from the Golden Hand target yielded impressive results, with values recorded at 14.53 g/t Au, 4.32 g/t Au, and 1.86 g/t Au. The Stranger target also showcased strong mineralization with results of up to 34.66 g/t Au, affirming its importance in the overall project.
Upcoming Drilling Program
Dr. Jaap Verbaas, CEO of Miata, shared his enthusiasm regarding the ongoing exploration at Sela Creek: "The latest results signify a crucial step forward as we operate from our year-round camp. Our geologists are diligently working to derisk the drill targets through advanced mapping and sampling methods. The presence of artisanal mining aids our understanding of the three-dimensional mineralized zones, suggesting a robust underlying structure beneath these surface indicators."
In-depth Look at the Key Targets
Puma Target Insights
The Puma target is distinguished by substantial hydrothermal alterations and a variety of vein structures present in both metasedimentary and metavolcanic rocks. Artisanal miners have previously exploited this target, revealing gold-bearing structures that are ripe for further exploration. A recent grab sample collected just 30 meters from another vein returned 194.2 g/t Au, underscoring the area’s rich mineralization potential.
Our geological analysis indicates that two primary vein sets exist at this location: a foliation-parallel vein set and a foliation-oblique tension vein set. Both sets contain various sulphide minerals, shedding light on the complexity of the geological formations and their associated gold resources.
Golden Hand Target Overview
The Golden Hand zone presents a vast strike length of over 2 kilometers and features multiple pits actively exploited in prior exploration efforts. Initial reconnaissance samples have provided results of 14.53 g/t Au, while historical data indicates significant averages, such as 2.74 g/t Au over 5 meters.
This zone’s geology consists predominantly of highly foliated quartz-muscovite schist, showcasing a dynamic geological environment conducive to mineralization. Notably, the folding and structural complexity in this region appear to have directly influenced past gold discoveries.
Stranger Target Developments
The Stranger target reveals promising new gold-bearing fault-fill veins that exhibited grades ranging between 34.66 g/t Au and 7.32 g/t Au. Notably, this area has not been previously drilled, making it a high-priority target for immediate investigation.
The geological makeup includes highly foliated schist with veins that trend parallel to the foliation structure, displaying significant mineralization potential. This valuable target is expected to receive thorough evaluation during our drilling campaign.
Operational Updates and Future Plans
With all necessary drilling equipment now onsite, the drilling program is set to commence shortly. Miata Metals is actively mobilizing additional machinery to facilitate continuous exploration alongside the drilling activities, ensuring an efficient and streamlined operation.
Construction of a permanent camp is also progressing, which will support the ongoing exploration efforts and serve as a base for future exploration advancements.
Quality Assurance and Laboratory Analysis
Quality assurance protocols are strictly adhered to, with all samples subjected to analysis at ISO-certified laboratories. Regular insertion of standards and blanks ensures the integrity and reliability of the sampling process.
About Miata Metals Corp.
Miata Metals Corp. is a Canadian exploration firm registered on the Canadian Securities Exchange, dedicated to the acquisition and exploration of mineral properties. The company holds a 70% interest in the expansive Sela Creek Gold Project and aims to extend its portfolio through additional acquisitions in high-potential areas.
The operational leadership team, under Dr. Jacob Verbaas, remains committed to exploring and unlocking the resource potential within its properties while continuously seeking new opportunities for growth and development.
Frequently Asked Questions
What are Miata Metals' recent exploration findings?
Miata Metals has reported significant gold samples from the Sela Creek Project, with notable results including 194.2 g/t Au from the Puma target.
When will the drilling program start?
The drilling program is expected to commence shortly, as all necessary equipment has been mobilized to the Sela Creek site.
What geology is present at the Sela Creek Project?
The Sela Creek Project features varied geology, including metasedimentary and metavolcanic rocks with hydrothermal alteration and multiple gold-bearing vein structures.
How does Miata ensure quality in its sampling methods?
Miata Metals employs strict QA/QC procedures, utilizing ISO-certified laboratories and inserting blanks and standards to maintain integrity in its results.
What is the future outlook for Miata Metals?
The outlook appears positive with ongoing exploration and drilling, coupled with the potential for further discoveries within the Sela Creek Gold Project.
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