Sela Creek Gold Project — 2024 Technical Report

The Sela Creek Gold Project is in early-stage exploration with no processing or recovery tests completed to date.

Report context

This technical report, dated 2024, addresses the Sela Creek exploitation concession in Suriname. The project area currently has no infrastructure beyond limited road and all-terrain-vehicle access, with no processing facilities in place. The report notes that gold produced at Sela Creek could be sold to the Kaloti Mint House near the airport in Suriname, which operates as a joint venture between the Suriname government and local gold traders.

Processing route

Recovery methods

No processing or recovery tests have been conducted for the Sela Creek Gold Project. The report explicitly states: "There are no processing or recovery tests."

Proposed infrastructure requirements

The report identifies that prior to significant mining operations, access, water, and power requirements would need to be addressed. A new camp with power and water is required for further exploration activities.

Historical mining context

The report describes that Sela Creek, like the Merian and Rosebel deposits hundreds of kilometers to the north, was first opened by local small-scale miners who used standard tools of mining and processing to discover gold in saprolite. Samples from pits where soft saprolite ore was mined have produced positive gold results. The report draws parallels to the development of other Suriname gold mines, noting that at Merian, Suralco used small-scale mining by locals and Brazilians to make a discovery.

Geological considerations

The project is described as representative of an orogenic gold system with complex geology and structure. The report indicates that saprolite logging and mapping are essential for understanding the deposit, and that the gold mineralization occurs as a cluster of occurrences of various size and grade in a variety of lithologic and structural environments.

Key reported parameters

Parameter Status Basis
Processing or recovery tests None Not conducted
Infrastructure Limited road and ATV access only Current condition
Camp, power, and water Not available; required for further exploration Proposed
Gold market access Kaloti Mint House, Suriname Existing refinery
Environmental studies None Not conducted
Capital and operating costs Not calculated Early-stage project
Economic analysis Not performed Early-stage project

Project website: https://miatametals.com/sela-creek/

Technical qualifications

The report contains substantial limitations that affect its technical completeness. No processing or recovery tests have been conducted, and no environmental studies are available for this early-stage project. Capital and operating costs cannot be calculated or predicted at this stage. The report states: "The project is early stage to calculate or predict such costs." Similarly, economic analysis has not been performed.

The report further qualifies that "no other additional information or explanation is considered necessary to make the technical report understandable and not misleading." The project is characterized as requiring a quality and sustainable exploration program, a skilled team including experienced geologists from Suriname, and familiarity with common exploration obstacles such as deep tropical weathering.

Source: Sela Creek Gold Project , 2024 Technical Report, sections 17, 18, 19, 20, 21, 22, and 25.

Mineral processing basics

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