Miata drills 3.4 g gold at Sela Creek in Suriname

AI desk brief

Miata Metals reported stacked high-grade gold intercepts at its Sela Creek project in Suriname, led by hole 26DDH-JT-023 with 35m at 3.41 g/t from 97.7m, including 5.5m at 15.36 g/t. The company says the Jons Trend may support an open-pit model, while repeated mineralized zones suggest the higher-grade plunging system could recur along the 14km trend.

The update is supportive for Miata and for the broader Suriname/Guiana Shield exploration story, with SCP Equity noting Sela Creek remains materially underexplored. Shares rose 4% on the day; La Mancha’s recent $13.7m strategic investment underscores continued interest in the district, but the results are still exploration-stage rather than a near-term supply catalyst.