Miata Metals shares have seen a significant increase in value due to the ongoing gold price rally and successful drilling campaigns by neighbor Founders Metals. The company plans to drill 5,000 meters of diamond in Suriname, with three high-priority targets. Suriname offers favorable permitting conditions, year-round access, and a skilled workforce. Miata Metals has a low valuation, top projects in a world-class gold region, imminent drill results, and a fully funded exploration program with low drilling costs. A price target of around CAD 1.50-1.60 is set for the share.
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