Giant Mining Adds AI-Driven Fifth Drill Hole to 2025 Majuba Hill Program in Collaboration with ExploreTech
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Press Release April 3, 2025
Giant Mining Adds AI-Driven Fifth Drill Hole to 2025 Majuba
Hill Program in Collaboration with ExploreTech
VANCOUVER, BC — April 3, 2025 — Giant Mining Corp. (CSE: BFG | OTC:
BFGFF | FWB: YW5) (“Giant Mining” or the “Company”) is pleased to
announce that Hole MHB-32 (“MHB-32”) has been successfully drilled to a total depth of
889.5 feet (271.1 meters). MHB-32 is the first hole of the 2025 diamond core drilling
program (the “Core Program”), currently underway at the Majuba Hill Porphyry Copper-
Silver-Gold Deposit (“Majuba Hill”) in Pershing County, Nevada.
Following the encouraging visual results from Hole MHB-32, a fifth hole has been added to
the 2025 diamond core drilling program. This new hole was designed by Exploration
Technologies (“ExploreTech”) to specifically target a high-potential southern resistivity
anomaly identified by its proprietary AI program."
As previously stated, the primary objective of the Core Program is to expand the known
zones of copper mineralization at Majuba Hill and advance the project toward a new Mineral
Resource Estimate (“MRE”).
David Greenway, CEO of Giant Mining, commented: "We are thrilled with the continued
success of the 2025 drill program and encouraged by our team’s recommendation to add
an additional hole to the plan—another key step toward advancing Majuba Hill to a new NI
43-101 mineral resource estimate. This hole, designed in collaboration with ExploreTech,
will test a high-potential southern resistivity anomaly identified by the ExploreTech AI
program. The scale and potential of this system continue to impress, and this phase of
drilling is critical to unlocking further value for our shareholders. With copper prices near
all-time highs and growing urgency to develop domestic U.S. copper sources, the timing
has never been better. The entire team at Giant Mining has never had more conviction in
advancing Majuba Hill toward its true potential.”
Big Sky Exploration, LLC (“Big Sky”) of Eureka, Nevada, successfully completed drilling
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of Hole MHB-32 and mobilized the drill rig to a new pad where Hole MHB-33 is scheduled
to be drilled. MHB-32 was quick-logged and tagged for sampling on-site by Giant Mining
geologists (Figure 2), as part of the Company’s efforts to efficiently advance the 2025 Core
Program at Majuba Hill.
Figure 1: Azurite, malachite, chalcocite in core from MHB-32: 527 to 537 ft
(160.6-163.6 m)
About Exploration Technologies Inc.
ExploreTech’s AI approach is specifically designed to combine surface geology and drilling
results with computationally intensive remodeling of existing geophysical datasets to
optimize targeting of covered targets. The process quickly generates thousands of solutions
that cluster on the best fits between the geological and geophysical data and then
generates drillhole trajectories designed to cut those clusters most effectively.
ExploreTech first combines the geological concept with AI geophysical simulation to identify
and locate where the source of a geophysical anomaly actually lies. This is done by testing
thousands of possible explanations (models) for anomalies measured at the surface and
selecting only those that closely match the real-world geophysics. The selected models of
the combined geology and geophysics cluster around the most likely location of the
anomaly. The program then evaluates the clusters in three dimensions to determine the
optimal drilling trajectory to pierce as many of the target anomalies as possible. The entire
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process can be rerun as drill results for specific targets, or additional geophysical surveying,
adds new information allowing improved vectoring to the best mineralized parts of a given
ore system. This use of AI to reveal and reinforce target anomalies in existing geophysical
datasets is a significant new exploration tool and has already been applied in several cases,
some are viewable at www.exploretech.ai.
Figure 2: Drill Team and Equipment on Site for 2025 Drill Program
The core samples from MHB-32 will be securely transported to Giant Mining’s secured
warehouse facility in Elko, Nevada. At this location, the cores will undergo systematic
sawing. Following this, the processed samples will be sent to ALS Group USA, Corp. ("ALS
Labs") in Elko, Nevada. At ALS Labs, the samples will undergo rigorous analyses, including
assays for copper, silver, gold, and other trace elements, to accurately assess the mineral
content and support ongoing exploration efforts at Majuba Hill.
As previously reported in the March 17, 2025 news release, the 2025 Core Program has
been designed to follow up on high-grade copper mineralization intersected in breccias
from the 2024 core holes MHB-30 (“MHB-30”) and MHB-31 (“MHB-31”) and extend the
high-grade copper zones below the historic underground workings (Figure 3).
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Figure 3: Majuba Hill 2025 Actual and Proposed Drill Hole Locations
The Company will provide regular updates as the drill program progresses, including assay
results, geological observations, and any significant developments encountered during
drilling. These updates will keep shareholders and stakeholders informed on the
advancement of the Majuba Hill project and its potential to support a future resource
estimate.
Quality Assurance/Quality Control (“QA/QC”) Measures, Chain of Custody
The Company utilizes a QA/QC program using best industry practices at the Majuba Hill
Project. The samples are placed in cloth or plastic sample bags and are transported from
the Majuba Hill to the Giant Mining secure warehouse for core sawing and processing and
then samples are delivered to the ALS Labs sample prep facility in Elko, Nevada. ALS then
transports the prepared pulps to their analytical lab in North Vancouver, B.C.
Drill core samples are sawn in half lengthwise and one half is placed in labeled cloth sample
bags. All samples are analyzed for copper, gold, silver, and 33 other elements. Gold is
determined by ALS Labs method Au-AA23 which is a fire assay with an AAS finish on a 30-
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gram split. Copper, silver, and the remaining 31 elements are determined by ALS Labs
method ME-ICP61 which is a four-acid digestion and ICP-AES assay. Approximately 5% of
the submitted samples are drill duplicates and copper-gold-porphyry commercial standard
reference material pulps. The remaining sample pulps are retrieved from ALS Minerals and
retained by the Company for future metallurgical testing.
Majuba Hill’s critically important characteristics are as follows:
Location:
Nevada, USA — a globally top-ranked mining jurisdiction,
ranked #1 in the Fraser Institute’s 2022 Annual Survey of
Mining Companies.
Project Size: 9,684 Acres
Infrastructure:
The Majuba Hill property is 113 road km (70 miles)
southwest of Winnemucca, Nevada, and 251 km (156 miles)
northeast of Reno. Access is by well-maintained county
roads from the Imlay, Nevada exit on U.S. Interstate 80,
and traveling westward 23 miles. People, Roads, Power and
Water are the basic elements when considering
infrastructure and Majuba Hill already has a solid
infrastructure foundation for building a large facility which
will provide significant savings compared to more remote
projects
History: Historical Producer
Drilling: 83,930 feet of drilling to date. Rough replacement value of
drilling USD $10.4 Million in development costs.
Mineralization:
The project shows indications of a potentially large Cu – Ag
+/- Au mineralized body with many features in common
with both large porphyry copper, silver, and gold projects.
Expandability:
The IP survey, deep drilling, and step-out drilling indicate
significant expansion potential, with mineralization open in
all directions.
Fully Financed: Secured funding for 2025 Drilling Campaign
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
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43-101 – Standards of Disclosure for Mineral Projects (“NI 43- 101”).
About Giant Mining Corp.
Giant Mining is focused on identifying, acquiring, and advancing late-stage copper and
copper/silver/gold projects to meet the growing global demand for critical metals. This
demand is driven by initiatives like the Green New Deal in the United States and similar
climate-focused programs worldwide, which require substantial amounts of copper, silver,
and gold for electric vehicles, renewable energy infrastructure, and the modernization of
clean and affordable energy systems.
The Company’s flagship asset is the Majuba Hill Copper, Silver, and Gold District, located
156 miles (251 km) from Reno, Nevada. Majuba Hill is situated in a mining-friendly
jurisdiction with supportive regulations and has the potential to become one of the next
major copper deposits, critical for meeting the increasing need for this red metal.
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:
P: 1 (236) 788-0643
VISIT OUR WEBSITE FOR MORE DETAILS
www.giantminingcorp.com
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Forward-Looking Statements
This news release contains certain forward-looking information. Such information
involves known and unknown risks, uncertainties and other factors that may cause
actual results, performance or achievements to be materially different from those
implied by statements herein, and therefore these statements should not be read as
guarantees of future performance or results. All forward-looking statements are based
on the Company’s current beliefs as well as assumptions made by and information
currently available to it as well as other factors. Readers are cautioned not to place
undue reliance on these forward-looking statements, which speak only as of the date of
this press release. Due to risks and uncertainties, including the risks and uncertainties
identified by the Company in its public securities filings, actual events may differ
materially from current expectations. The Company disclaims any intention or obligation
to update or revise any forward-looking statements, whether as a result of new
information, future events or otherwise.
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