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The latest announcement is out from Miata Metals Corp. ( (TSE:MMET) ).
Miata Metals Corp. has completed approximately 1,500 meters of its 10,000-meter diamond core drilling program at the Sela Creek Gold Project in Suriname. The company plans to mobilize a second drill rig to increase efficiency and reduce costs, with assays pending for several holes. Despite challenges with road access due to heavy rain, Miata continues to make progress, focusing on the Golden Hand target, while working to establish access to the Puma Target. The results from the initial drilling are expected to provide insights into the presence of nuggety gold, potentially impacting the company’s exploration strategy and positioning in the mineral exploration industry.
More about Miata Metals Corp.
Miata Metals Corp. is a Canadian mineral exploration company listed on the Canadian Securities Exchange, OTCQB, and Frankfurt Exchanges. The company focuses on acquiring, exploring, and developing mineral properties, holding a 70% interest in the Sela Creek Gold Project in Suriname with an option to acquire a full 100% interest, as well as a 70% beneficial interest in the Nassau Gold Project, both located in Suriname’s greenstone belt.
Average Trading Volume: 225,448
Technical Sentiment Signal: Buy
For detailed information about MMET stock, go to TipRanks’ Stock Analysis page.