Giant Mining Corp. Advances Geologic Understanding with 3D Modeling and Cross-Section Reviews at Majuba Hill
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*Press Release September 5, 2024
Giant Mining Corp. Advances Geologic
Understanding with 3D Modeling and Cross-Section
Reviews at Majuba Hill
VANCOUVER, BC — September 5, 2024 — Giant Mining Corp. (CSE: BFG | OTC:
BFGFF | FWB: YW5) (“Giant Mining” or the “Company”) is pleased to announce
significant progress in the preparation for the upcoming drilling program at the
Majuba Hill Porphyry Copper Deposit ( “Majuba Hill”), located in Pershing County,
Nevada.
The Company has been actively engaged in detailed geological work, including the
updating of the 3D model, the compilation of geological data, and a comprehensive
review of cross sections to enhance the understanding of subsurface geology.
Figure 1 - Review of drilling data accumulated over previous campaigns.
Recent efforts have focused on refining the geological model of Majuba Hill, crucial
for identifying key drilling targets and ensurin g the efficiency of future exploration
activities. The team conducted a meticulous review of nearly 25,000 meters of drilling
data accumulated over previous campaigns, stored at the Company’s core shed and
offices in Elko, Nevada. This extensive dataset fo rms the foundation for the
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Exploration Target, estimated at 50,000,000 to 100,000,000 tonnes, as outlined in
the NI 43-101 report available on the Giant Mining Corp. website.
David Greenway, CEO of Giant Mining Corp., remarked, “The completion of our 3D
modeling and cross-section reviews marks a pivotal step in our exploration strategy
at Majuba Hill. This groundwork is essential for guiding our upcoming drill program
and optimizing resource development. We are committed to applying the latest
geological techniques to advance the Majuba Hill project and unlock its full potential.”
The detailed geological work being undertaken will play a critical role in refining the
resource estimates and guiding the upcoming drilling efforts, thereby advancing the
economic assessment of the Majuba Hill project. As the Company continues to build
on its geologic understanding, it remains focused on creating long -term value for
shareholders through strategic exploration and resource management.
Qualified Person
The scientific and technical information contained in this news release has been
reviewed and approved by E.L. "Buster" Hunsaker III, CPG 8137, a non-independent
consulting geologist who is a "Qualified Person" as such term is defined under
National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-
101").
Market Awareness
As part of Giant Mining's ongoing strategy to raise the profile of Giant Mining ’s
projects to investors, the Company has engaged TD Media LLC dba Lifewater Media
with its principal address located at 5826 New Territory Blvd., Unit 2144, Sugar Land,
Texas 77479, United States ("Lifewater Media") to provide the Company with digital
marketing services such as OmniChannel programmatic advertising, SMS & email
marketing, ticker tagging, AdCopy & content by professional finance writers, for a 30
day period commencing on September 3, 2024 in consideration of US$250,000 (the
"Agreement"), of which US$130,000 was due and paid before August 30, 2024. The
term of the Agreement can be renewed by the Company on the terms to be agreed
upon by the Company and Lifewater Media. Lifewater Media and Giant Mining are
not related parties and operate at arm ’s length. Neither Lifewater Media nor its
principals have any interest in the Company’s securities, directly or indirectly, or any
right or intent to acquire such an interest. Lifewater Media can be reached via email
at [email protected] or by telephone at (561) 349-7722.
About Giant Mining Corp.
Giant Mining Corp. is engaged in the identification, review and acquisition of latter
stage copper and copper/silver/gold assets. This is in direct response to the growing
worldwide demand and lack of supply for precious metals fu eled by the Green New
Deal in the US and most other developed nations with similar programs aimed at
addressing climate change. Such programs are heavily reliant on silver, gold and
especially copper to produce Electric Vehicles and other renewable power sources, as
well as building infrastructure to provide clean and affordable electricity.
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The flagship project is the Majuba Hill copper, silver and gold District located 156
miles (251 km) outside Reno, Nevada, USA. Management has been mandated to
focus on safe, mining friendly jurisdictions where government regulations are
supportive of mining operations.
Neither the Canadian Securities Exchange nor its Market Regulator (as that term is
defined in the policies of the Canadian Securities Exchange) accepts responsibility for
the adequacy or accuracy of this release.
On Behalf of the Board of Giant Mining Corp.
“David Greenway”
David C. Greenway
President & CEO
For further information, please contact:
Joel Warawa
VP of Corporate Communications
P: 1 (855) 475-0745
VISIT OUR WEBSITE FOR MORE DETAILS
www.giantminingcorp.com
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Forward-Looking Statements
This news release contains certain statements that may be deemed "forward -looking"
statements. Forward looking statements are statements that are not historical facts and are
generally, but not always, identified by the words "expects", "plans", "anticipates", "believes",
"intends", "estimates", "projects", "potential" and similar expressions, or that events or
conditions "will", "would", "may", "could" or "should" occur. Although Giant Mining Corp.
believes the expectations expressed in such forward -looking statements are based on
reasonable assumptions, such statements are not guarantees of future performance and
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actual results may differ materially from those in forward looking statements. Forward looking
statements are based on the beliefs, estimates and opinions of Giant Mining Corp.
management on the date the statements are made. Except as required by law, Giant Mining
Corp. undertakes no obligation to update these forward-looking statements in the event that
management's beliefs, estimates or opinions, or other factors, should change.
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