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Sela Creek Property

Miata Metals (MMET.CN)
70% ownership interest
Expected NPV
—
Shown in the full report from 1,000 scenarios.
Market Cap
$48.4M
All dollar amounts in USD

Executive Summary

Locked

Executive Summary (overview)

  • One-paragraph overview tied to the latest reported drilling results date.
  • Estimated probability of advancing to a formal resource.
  • Typical ranges for grade, tonnage, mine life, and method mix.
  • Cost structure summary and where the project ranks vs peers.

Regional Gold Potential

Sela Creek is located in Suriname, South America. The surrounding region has historically demonstrated a very high potential for gold endowment and is proximal to other gold properties. Physical setting (low elevation, low relief, tropical climate) shapes access, seasonality, and operating costs. Geologically, the area is dominated by Precambrian rocks, under moderately thick lithosphere with thin sedimentary cover in a Early Proterozoic Shield tectonic province—factors that inform both deposit style and development complexity.

Sela Creek location map
Gold heat map of the world. Warm colors indicate high gold endowment. Try the interactive version here.

Drill Intercepts

Reported results (Gold) average moderate grade, long, and moderate depth. The most recent intercepts are benchmarked against a global gold database.

Date Intercept (Gold) Grade Length Depth
2026-04-14 0.75 g/t Gold over 11.8 m from 12.0 m Moderate Grade Very Thick Very Shallow
2026-04-14 0.56 g/t Gold over 3.5 m from 165.0 m Moderate Grade Thick Moderate Depth
2026-04-14 2.45 g/t Gold over 4.2 m from 150.3 m High Grade Thick Moderate Depth
2026-04-14 0.60 g/t Gold over 5.0 m from 30.0 m Moderate Grade Thick Shallow
2026-04-14 0.79 g/t Gold over 5.0 m from 39.0 m Moderate Grade Thick Shallow
2026-04-14 0.57 g/t Gold over 4.0 m from 47.0 m Moderate Grade Thick Shallow
2026-04-14 0.69 g/t Gold over 1.1 m from 73.0 m Moderate Grade Moderate Thickness Moderate Depth
2026-04-14 1.67 g/t Gold over 1.5 m from 87.0 m High Grade Moderate Thickness Moderate Depth
2026-04-14 0.56 g/t Gold over 2.5 m from 109.5 m Moderate Grade Thick Moderate Depth
2026-04-14 0.52 g/t Gold over 6.0 m from 93.0 m Moderate Grade Thick Moderate Depth
2026-04-14 1.29 g/t Gold over 32.0 m from 124.0 m High Grade Very Thick Moderate Depth
2026-04-14 2.48 g/t Gold over 4.0 m from 206.0 m High Grade Thick Moderate Depth
2026-04-14 0.88 g/t Gold over 1.0 m from 181.0 m Moderate Grade Thin Moderate Depth
2026-04-14 0.74 g/t Gold over 1.4 m from 186.6 m Moderate Grade Moderate Thickness Moderate Depth
2026-04-14 0.86 g/t Gold over 4.5 m from 73.5 m Moderate Grade Thick Moderate Depth
Rankings are relative to a large global database of gold intercepts.

Resource Potential

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Resource Potential (overview)

  • Probability estimate of advancing to a formal resource.
  • Typical ranges for grade and tonnage with p50 markers.
  • Side-by-side histograms vs. a global reference dataset.
  • Plain-English guidance on how to interpret uncertainty.

Economic Potential

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Economic Potential

  • Distribution of NPV across 1,000 discounted cash-flow simulations.
  • Expected NPV value with context vs. drill-stage peers.
  • Discussion of spread, skew, and scenario tails (upside/downside).
  • Explicit assumptions shown for discount rate and commodity price.

Assumption Distributions

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Assumption Distributions

  • Reserve conversion and mine life distributions.
  • Recovery, processing costs, and waste:ore ratio ranges.
  • Capex/offsite opex, average production rate, and other drivers.
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