VANCOUVER, British Columbia, Oct. 02, 2024 (GLOBE NEWSWIRE) — Miata Metals Corp. (CSE: MMET) (FSE: 8NQ) (“Miata” or the “Company”) is pleased to announce it has completed an airborne LiDAR survey over the entire Sela Creek Gold Project, located in Suriname, South America, and is currently awaiting delivery of the preliminary data.
The Sela Creek Project covers 200 km2 over a prospective greenstone belt in Suriname. The Company seeks to prove the existence of orogenic gold mineralization over the claim through modern exploration in areas that have been and are currently being surficially mined1.
The LiDAR deliverables include a topographical model that is processed to remove the vegetative cover so that geological structures and veins may become visible. This data is expected within a matter of days and will enable the finalizing of the Company’s geological model over Sela Creek. The geological model will guide a comprehensive core drilling and trenching program in the coming months.
1Mining is done by artisanal miners and Miata does not collect royalties or generate revenue from current mining activities.
About Miata Metals Corp.
Miata Metals Corp. (CSE: MMET). is a Canadian mineral exploration company listed on the Canadian Securities Exchange. The Company is focused on the acquisition, exploration, and development of mineral properties. Currently, the Company holds earn-in options to acquire 100% interest in the Sela Creek Gold Project in Suriname and 100% interest in the Cabin Lake Property in the Omineca Mining Division, British Columbia. The Company continuously evaluates opportunities to acquire interest in additional prospective exploration stage mineral properties.
On Behalf of the Board
Dr. Jacob (Jaap) Verbaas, P.Geo | CEO and Director
[email protected]
+1 778 488 9754
The Canadian Securities Exchange has not reviewed this press release and does not accept responsibility for the adequacy or accuracy of this news release.
This press release contains certain forward-looking statements as well as historical information. Readers should not rely on information in this summary for any purpose other than for gaining general knowledge of the Company. Forward-looking statements include, but are not limited to, the anticipated exploration activities of the Company and the timing thereof. The words “expected”, “will” and similar expressions are intended to be among the statements that identify forward-looking statements. Although the Company believes that its expectations as reflected in any forward-looking statements, are reasonable, such statements involve risks and uncertainties and no assurance can be given that actual results will be consistent with these forward-looking statements. Except as required by law, the Company undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates, opinions or other factors should change.
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