Miata Metals Launches Fully Funded 25,000-Meter Gold Drill Program in Suriname Following 100% Hit Rate in 2025 Campaign
Miata Metals Corp. (CSE: MMET) is significantly ramping up its exploration efforts in South America, announcing a fully funded 25,000-meter drill program at its Sela Creek Gold Project in Suriname scheduled for 2026. The expansion, triggered by the arrival of an additional drill rig, follows a highly successful 2025 campaign that saw the company achieve a perfect 100 percent hit rate at the key Jons Trend Zone.
Miata Doubles Down on Suriname Gold Potential
The Vancouver-based explorer confirmed the operational upgrade on December 18, 2025, noting that the new rig immediately increases the company’s capacity to execute the ambitious 2026 program. The 25,000-meter target represents a substantial increase in exploration activity, building directly on the momentum generated throughout the previous year.
The Sela Creek Gold Project is considered a high-priority asset for Miata, and the decision to fully fund and expand the 2026 drilling reflects management’s confidence in the project’s geology and resource potential. The 2025 results provided the foundational evidence for this expansion:
- Miata completed 10,061 meters of drilling during the 2025 campaign.
- The company achieved a 100 percent success rate, or "hit rate," at the highly prospective Jons Trend Zone.
- Multiple new mineralized zones were successfully identified.
- Overall operational efficiency across the project was significantly increased.
The addition of the second drill rig is designed to capitalize on these discoveries and accelerate the delineation of gold resources across the property.
Increased Discovery Potential and Forward-Looking Strategy
The primary goal of the expanded 2026 program is to further increase the discovery potential at Sela Creek. By deploying more resources, Miata aims to systematically test the newly identified mineralized zones and extend the known high-grade areas, such as the Jons Trend Zone.
The fact that the 25,000-meter program is described as "fully funded" provides financial assurance to investors, mitigating immediate concerns about capital raises or dilution risk associated with such an extensive exploration effort. This funding status underscores the company's commitment to aggressive exploration without immediate reliance on external financing.
The success of the 2025 campaign, particularly the 100 percent hit rate at Jons Trend, suggests a high degree of geological predictability and continuity within the target areas. This predictability is crucial for junior explorers like Miata Metals Corp. as they transition from early-stage discovery to resource definition.
The company, which trades on the CSE under MMET and on the OTCQB under MMETF, is positioning itself to deliver continuous news flow throughout 2026 as the expanded drilling campaign progresses in Suriname.
