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Miata Metals (OTCQB:MMETF) has announced significant drilling results from its Sela Creek Gold Project in Suriname. The company reported its strongest intercept to date from hole 25DDH-SEL-033, yielding 3.04 g/t gold over 35.6 metres, including 4.95 g/t gold over 14.6 metres. Additionally, hole 25DDH-SEL-032 returned 1.71 g/t gold over 36.8 metres.
The drilling results at the Jons Trend target revealed two stacked mineralized lenses with potential for additional parallel zones. The mineralization is hosted within fold hinges in metasedimentary rock, a style consistent with producing mines in Suriname. The Jons Trend comprises a 1.2 km long and 250 m wide zone of artisanal mining activity, with six additional holes pending assay results.
Miata Metals (OTCQB:MMETF) has announced significant drill results from its Sela Creek Gold Project in Suriname, revealing promising gold mineralization at two targets. At the Puma Target, drilling yielded high-grade intercepts of 5.3m at 6.57 g/t gold, including sections with up to 51.16 g/t gold. The Golden Hand Target produced notable results with 14m at 1.72 g/t gold, including 4m at 4.85 g/t gold.
The company has completed 1,850m of drilling at Puma, with nearly all holes intersecting gold-bearing zones. The mineralization at Puma connects to a surface adit that previously yielded samples up to 194.2 g/t gold. These results demonstrate the project's district-scale potential and suggest the possibility of multiple gold-bearing pits across the underexplored gold field.
Miata Metals (OTCQB: MMETF) has announced significant drilling results from its Puma Target at the Sela Creek Gold Project. The company intersected 18 meters at 2.58 g/t gold near surface, including 7.5 meters at 5.64 g/t Au and 1.5 meters at 20.88 g/t Au.
The mineralization was discovered in saprolite, a weathered bedrock material favorable for low-cost processing. The Puma Target extends over 2.7 km of strike length within the 215 km² Sela Creek concession. The company is currently using two excavators to accelerate surface work during the dry season in Suriname, focusing on trenching, access, and drill pad preparation.
Miata Metals (OTCQB:MMETF) has reported encouraging initial drilling results from its Puma Target at the Sela Creek Gold Project in Suriname. The first two drill holes, 25DDH-SEL-018 and 25DDH-SEL-019, have intersected significant zones of veining and alteration, consistent with the company's predictive vein model.
Key findings include: Hole 018 revealed a 60-meter interval of increased quartz veining (102-162m), while Hole 019 encountered four distinct vein zones between 80-195 meters. Additionally, a notable grab sample from the new Aplito prospect yielded 675 g/t Au. The company is advancing its 10,000-meter drilling campaign while simultaneously conducting regional exploration, having collected 248 surface samples in 2025.
Miata Metals (OTCQB:MMETF) has commenced drilling at its high-priority Puma Target within the 215 km² Sela Creek gold project. The Puma Target spans 2.7 km in strike length and 400m in width, characterized by intense hydrothermal alteration and repeating vein sets.
Historical channel samples at Puma returned 3.12 g/t Au over 8m and 4.07 g/t Au over 5m, while recent grab samples yielded up to 194.2 g/t Au. The company plans to drill a minimum of 2,000m at Puma as part of a larger 10,000m program. The first hole has already intersected a significant oxide zone from surface to 60 metres depth.
Additionally, a newly discovered artisanal adit revealed banded sulphide-bearing veins near a tonalite intrusion, representing the first such association at Sela Creek and a key drilling target.
Miata Metals (MMETF) has provided an update on its 10,000m diamond core drilling program at the Sela Creek Gold Project in Suriname. The company has completed approximately 1,500m of drilling across 10 holes, representing 15% of their 2025 target. Four holes were drilled at the Stranger Target, with the sixth hole currently being drilled at the Golden Hand Target.
Key developments include plans to mobilize a second drill rig to improve efficiency and reduce costs, though heavy rains have temporarily prevented access to the high-priority Puma Target. The company is conducting QAQC checks on several holes, with results expected this month. The Golden Hand target spans over two kilometers with numerous mining pits, and multiple potential gold-bearing structures are being tested.
Miata Metals Corp. (CSE: MMET) (OTCQB:MMETF) (FSE: 8NQ) has announced the commencement of trading on the OTCQB Venture Market under the symbol 'MMETF' on April 14, 2025. The company will maintain its listing on the Canadian Securities Exchange under 'MMET'.
The strategic OTCQB listing, operated by OTC Markets Group in New York, aims to enhance the company's exposure to U.S. investors. The shares feature DTC eligibility, enabling electronic settlement of transfers in the United States. Financial disclosure and Real-Time Level 2 quotes are accessible through the OTC Markets website.
According to CEO Dr. Jacob Verbaas, this development coincides with Miata's ongoing maiden drill program, with initial results expected soon.