Miata Reports 94.6% Average Gold Recovery in Initial Metallurgical Test Results from Jons Trend at Sela Creek, Suriname

Original announcement by orestocks on

Company
Miata Metals Corp.
Ticker
MMET.CN
Exchange
Unavailable
Region
Suriname
Primary commodity
Gold
Secondary commodities
None reported
Document categories
Metallurgy
Extracted
2026-09-21 10:48:32 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Miata Metals Corp. reported highly encouraging initial metallurgical test results from the Jons Trend at the Sela Creek Gold Project in Suriname, achieving an average gold recovery of 94.6%. The gold is characterized as predominantly free-milling and non-refractory, amenable to conventional gravity and bottle roll leach processing. The company also announced the operational status of its on-site sample preparation laboratory and the appointment of James Reid as Executive Chair.

Reasoning: Initial metallurgical results show very high gold recoveries using standard processing routes, significantly de-risking the Jons Trend discovery zone.

Positive factors

  • High average gold recovery of 94.6%
  • Ore is predominantly free-milling and non-refractory
  • Low organic carbon content (0.03-0.05%) minimizes preg-robbing risk
  • Use of conventional gravity and bottle roll leach processing
  • QA/QC disclosed with ALS laboratory and QP sign-off

Facts used in scoring: 5

Classification and evidence

High Recoverypositive

Recovery at or above the exceptional band for the commodity and processing route.

Why it applies: Average gold recovery of 94.6% is in the exceptional band for gold mill/leach routes.

Evidence · text

“94.6% average gold recovery”

Free Millingpositive

Simple, clean ore amenable to standard processing without oxidation.

Why it applies: Gold is described as predominantly free-milling and non-refractory.

Evidence · text

“predominantly free-milling and non-refractory”

Mill Routeneutral

Processing via mill or concentrator (CIL, CIP, tank leach, flotation).

Evidence · text

“gravity separation followed by a 48-hour bottle roll leach”

QA/QC Disclosedpositive · Story-specific tag

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: Release names ALS as the independent laboratory and Dr. Jacob Verbaas as the QP.

Evidence · text

“All analytical and testing work was performed by ALS, an independent, internationally recognized laboratory accredited under relevant ISO standards.”

Gravity Routeneutral

Gravity separation forms a material part of the flowsheet.

Why it applies: the document describes a gravity route ("gravity")

Multi-Domain Testedpositive

Variability across ore domains (oxide, transition, fresh) has been addressed.

Why it applies: 2 distinct composites were tested

Extracted facts

Stored fact records: 5. Some facts used in scoring do not have a stored record.

Metallurgical Results (5)

bottle rollSela Creek · goldRecovery: 94.6 %Head Grade: 2.87Head Grade Unit: g/tView all details
Link to this fact

Identity

Project
Sela Creek
Commodity
gold
Region
suriname
Reported Region
Suriname
Ticker
MMET.CN

Test Work

Program Status
preliminary
Test Type
bottle roll
Processing Route
gravity separation followed by a 48-hour bottle roll leach
Sample
four composite drill core samples from Jons Trend

Recovery

Recovery
94.6 %
Recovery Basis
actual_test
Head Grade
2.87
Head Grade Unit
g/t

Lab

Laboratory
ALS

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: Strong recovery results for a primary discovery zone.

Positive factors

  • High average recovery
  • Conventional processing route

Evidence · text

“94.6% average gold recovery achieved from initial metallurgical testing of four Jons Trend composite drill core samples”

Tags used in scoring

Gravity Routeneutral

Gravity separation forms a material part of the flowsheet.

Why it applies: processing_route matches the gravity signal

bottle rollSela Creek · goldHead Grade: 8.22Head Grade Unit: g/tView all details
Link to this fact

Identity

Project
Sela Creek
Commodity
gold
Region
suriname
Reported Region
Suriname
Ticker
MMET.CN

Test Work

Program Status
preliminary
Test Type
bottle roll
Processing Route
gravity separation followed by a 48-hour bottle roll leach
Sample
composite sample 1

Recovery

Head Grade
8.22
Head Grade Unit
g/t

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: High grade component of the composite.

Evidence · text

“8.22 g/t Au”

Tags used in scoring

Gravity Routeneutral

Gravity separation forms a material part of the flowsheet.

Why it applies: processing_route matches the gravity signal

bottle rollSela Creek · goldHead Grade: 0.93Head Grade Unit: g/tView all details
Link to this fact

Identity

Project
Sela Creek
Commodity
gold
Region
suriname
Reported Region
Suriname
Ticker
MMET.CN

Test Work

Program Status
preliminary
Test Type
bottle roll
Processing Route
gravity separation followed by a 48-hour bottle roll leach
Sample
composite sample 2

Recovery

Head Grade
0.93
Head Grade Unit
g/t

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: Low grade component of the composite.

Evidence · text

“0.93 g/t Au”

Tags used in scoring

Gravity Routeneutral

Gravity separation forms a material part of the flowsheet.

Why it applies: processing_route matches the gravity signal

bottle rollSela Creek · goldHead Grade: 2.03Head Grade Unit: g/tView all details
Link to this fact

Identity

Project
Sela Creek
Commodity
gold
Region
suriname
Reported Region
Suriname
Ticker
MMET.CN

Test Work

Program Status
preliminary
Test Type
bottle roll
Processing Route
gravity separation followed by a 48-hour bottle roll leach
Sample
composite sample 3

Recovery

Head Grade
2.03
Head Grade Unit
g/t

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: Mid-grade component of the composite.

Evidence · text

“2.03 g/t Au”

Tags used in scoring

Gravity Routeneutral

Gravity separation forms a material part of the flowsheet.

Why it applies: processing_route matches the gravity signal

bottle rollSela Creek · goldHead Grade: 1.34Head Grade Unit: g/tView all details
Link to this fact

Identity

Project
Sela Creek
Commodity
gold
Region
suriname
Reported Region
Suriname
Ticker
MMET.CN

Test Work

Program Status
preliminary
Test Type
bottle roll
Processing Route
gravity separation followed by a 48-hour bottle roll leach
Sample
composite sample 4

Recovery

Head Grade
1.34
Head Grade Unit
g/t

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-21T00:00:00.000Z

Reasoning: Low grade component of the composite.

Evidence · text

“1.34 g/t Au”

Tags used in scoring

Gravity Routeneutral

Gravity separation forms a material part of the flowsheet.

Why it applies: processing_route matches the gravity signal

How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.