Miata Intersects 11.3 m at 3.58 g/t Gold and Further Expands Jons Trend Footprint at the Sela Creek Gold Project, Suriname

1 hour ago 2

Article content

Longer intervals of mineralization are characterized by extensive silicification and sulphide mineralization within shear zone intercepts. Notable broad zones include:

Article content

  • 32.0 m at 1.20 g/t Au in 26DDH-JT-001 from 50 m
  • 17.3 m at 1.65 g/t Au in 26DDH-JT-004 from 39 m

Article content

Shorter, high-grade intervals are associated with quartz-chlorite-pyrite-pyrrhotite extensional veins within the broader shear system. These veins occur within a strongly altered package marked by silica, chlorite, white mica, and locally biotite alteration, with accessory titanite. Gold mineralization is typically associated with chlorite, pyrite, and pyrrhotite disseminations adjacent to and concentrated along locally boudinaged quartz veins.

Article content

Jons Trend is hosted within tightly folded metasedimentary rocks metamorphosed to upper greenschist to lower amphibolite facies. Fold axes follow a strong northeast to southwest trend. Two orientations of gold-bearing shear zones crosscut the folded package, one fold-parallel and the other slightly oblique, providing structural traps for mineralization.

Article content

Article content

Table 1. Consolidated results from holes 26DDH-JT-001 through 26DDH-JT-004. Reporting limits are a minimum of 3 m > 0.5 g/t Au or 2 m > 1 g/t Au. All results over 0.5 g/t Au can be found on Miata’s website through this link.

Article content

Hole Id From (m)To (m)true width
(m)
Au (g/t)Target
26DDH-JT-001 508732.01.20Jons Trend
including 52.355.933.11.71 
including 58.44612.21.99 
including 63738.72.47 
and 1261368.73.47 
including 128.161290.731.37 
26DDH-JT-002 101.531085.30.76Jons Trend
and 125128.93.70.58
and 18019211.33.58
including1801854.77.86
including 1811820.930.40
26DDH-JT-003 58590.90.50Jons Trend
26DDH-JT-004 22.5274.10.53Jons Trend
and 395917.31.65
including 40.5508.21.99
including 53595.21.78
and 64716.11.36
including 64661.73.38

Article content


Table 2. Drill collar locations for 26DDH-JT-001 through 26DDH-JT-004. Note coordinate projection in WGS84_UTM Zone 21N.

Article content

Hole ID Easting (m)Northing (m)Elevation (m)AzimuthInclinationLength (m)
26DDH-JT-001 754,865418,305127347-69.3168.0
26DDH-JT-002 754,907418,277111345-60.0201.0
26DDH-JT-003 754,781418,354131345-70.0104.8
26DDH-JT-004 754,832418,335134350-68.0168.3

Article content

Article content

All drill results are available through this link.

Article content

QAQC

Article content

Samples were analyzed at FILAB Suriname, a commercial certified laboratory under ISO 9001:2015. Samples are crushed and pulverized to 85% passing 88 µm prior to analysis using a 50 g fire assay (50 g aliquot) with an Atomic Absorption (AA) finish. For samples that return assay values over 5.0 g/t, another cut was taken from the original pulp and fire assayed with a gravimetric finish. Samples with coarse visible gold or returning an assay value over 10.0 g/t, metallic screen analysis is conducted on the coarse reject material. Miata Metals inserts certified reference standards, as well as blanks and ¼ core duplicates in the sample sequence for quality control and assurance.

Article content

QP Statement

Article content

The scientific and technical information in this news release has been reviewed and approved by Dr. Jacob Verbaas, P.Geo., a director of the Company and Qualified Person as defined under the definitions of National Instrument 43-101 – Standards of Disclosure for Mineral Projects.

Article content

About Miata Metals Corp.

Article content

Miata Metals Corp. (CSE: MMET) is a Canadian mineral exploration company listed on the Canadian Securities Exchange, as well as the OTCQB (OTCQB: MMETF) and Frankfurt (FSE: 8NQ) Exchanges. The Company is focused on the acquisition, exploration, and development of mineral properties. The Company holds a 70% interest in the ~215 km2 Sela Creek Gold Project with an option to acquire a full 100% interest in the Project, and a 70% beneficial interest in the Nassau Gold Project with an option to acquire 100%. Both exploration properties are located in the greenstone belt of Suriname.

Read Entire Article