Giant Mining Advances Majuba Hill with Completion of 5,484.5 Ft Spring 2025 Drill Program
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Press Release May 19, 2025
Giant Mining Advances Majuba Hill with Completion of
5,484.5 Ft Spring 2025 Drill Program
VANCOUVER, BC — May 19, 2025 — Giant Mining Corp. (CSE: BFG | OTC:
BFGFF | FWB: YW5) (CSE:BFG.WT.A) (“Giant Mining” or the “Company”) is
pleased to announce the successful completion of Phase 1 of its 2025 spring diamond core
drilling program ("Core Program") at the Majuba Hill Porphyry Copper-Silver-Gold
Project ("Majuba Hill") in Pershing County, Nevada. Equipment demobilization has
concluded, and the Company is now preparing for comprehensive analysis of drill core
samples, aiming to define geological controls and further delineate mineralization.
A total of five drill holes, MHB-32 through MHB-36, were completed for a combined 5,484.5
feet (1,671.68 meters) of core drilling. This brings the cumulative total of drilling at Majuba
Hill to 89,395 feet (27,247.5 meters), which will significantly enhance the Company’s
geological model and support future deposit development.
Hole ID Type Depth
(m)
Hole
Depth TD Date Collar
Azim Inclination East
NAD27
North
NAD27
MHB-32 Core 271.1 889.5 3/30/2025 190 -50 375800 4503179
MHB-33 Core 285.3 936 4/6/2025 15 -50 375684 4502943
MHB-34 Core 598.3 1963 5/2/2025 90 -45 375474 4503032
MHB-35 Core 181.7 596 5/5/2025 270 -45 375811 4502994
MHB-36 Core 335.3 1100 5/10/2025 220 -70 375843 4502719
Table 1: Majuba Hill 2025 Drill Program Collar Details
The primary objective of the Core Program was to step out from and expand the known
zones of copper mineralization and advance the Majuba Hill Project toward completing a
Mineral Resource Estimate (“MRE”). All drill core was transported to Giant Mining’s secure
core facility in Elko, Nevada, where it was logged, sawn, and sampled by Company
personnel. The samples were submitted to ALS Global Services (“ALS Labs”) for
geochemical analysis, with sample preparation completed at their Elko facility and final
assaying conducted at their laboratory in Vancouver, British Columbia.
David Greenway, CEO of Giant Mining, commented: “The 2025 drill season has been
our most exciting and technically ambitious to date. We began the program with strong
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visual mineralization that exceeded expectations, prompting us to add a fifth drill hole—
MHB-36—guided by AI-assisted geophysical modeling. This AI-predicted target intersected
promising mineralization, suggesting a potential new discovery and was a meaningful step-
out from previously defined zones. Notably, MHB-33 was drilled to a depth of 1,963 feet
and encountered significant native copper, expanding our understanding of the scale and
potential of the Majuba Hill Copper-Silver-Gold system. We now eagerly await assay results
from ALS Labs as we work toward completing an NI 43-101 Mineral Resource Estimate to
support future development plans.”
Key highlights include:
MHB-32 – Starting with a Bang
Core Hole MHB-32 was completed to a total depth of 889.5 feet (271.1 meters). The hole
intersected copper-bearing magmatic-hydrothermal breccias with secondary copper
minerals, including azurite, malachite, and chalcocite. These transitioned into strongly
oxidized copper sulfides, with primary, unoxidized chalcopyrite near the bottom of the hole.
Figure 1: MHB-32 - Azurite, malachite, chalcocite in magmatic-hydrothermal
breccia at 527 to 537 ft (160.-163. m).
This early success confirmed the vertical continuity of the mineralized system and the
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presence of high-potential breccia-hosted copper zones.
Figure 2: MHB-32 – Clast of intrusive with chalcopyrite in
tourmaline/chalcopyrite matrix breccia at 810 ft (246.89 m).
MHB 34 – Native Copper Encounter
Core Hole MHB-34 was drilled to a total depth of 1,963 feet (598.3 meters). The hole
encountered persistent native copper, cuprite, and chalcopyrite mineralization in its deeper
sections, with native copper observed beyond 1,850 feet.
Figure 1: MHB-34 at 1,499 ft (456.9 m) Native Cu on fracture HQ Core, 2.5-
inch (63.5 mm) diam.
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These results indicate a robust porphyry system at depth and suggest proximity to a
primary copper sulfide source.
MHB 36 – An A.I. Driven Step Out Discovery and Potential Deposit Extension
The fifth and final drill hole of the Core Program, MHB-36, was planned for a total depth
(TD) of 1,000 feet (304.8 meters). This hole was designed by Exploration Technologies
(“ExploreTech”) using its proprietary AI-assisted geophysical modeling system to test a
high-potential resistivity anomaly delineated in the southern sector of the Majuba Hill
project area. The AI-driven targeting approach aimed to identify geologically favorable
zones with potential for new copper mineralization beyond the existing mineralization
footprint.
Figure 2: 3D Model of Majuba Hill, showing the five drill collars and
summarized results for MHB-36. Right: Downhole plot of drilling results and
ExploreTech prediction, showing predicted probability of sulfide
mineralization and the true intersection (dashed grey).
Due to the intersection of the sulfides predicted by modeling the hole was extended to
1100 feet (335.28 meters). MHB-36 intersected disseminated and vein-hosted
chalcopyrite mineralization within intrusive and magmatic hydrothermal breccias,
beginning at a downhole depth of 650 feet (198 meters). Mineralization was observed
intermittently beyond 905 feet (274.32 meters), confirming the accuracy of the AI model
and highlighting the potential for further extensions of copper-bearing zones in this
underexplored area.
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Figure 3: MHB-36/935 feet (285 m). Disseminated chalcopyrite in Intrusive.
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
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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:
Approximately 89395 feet of drilling to date. Rough
replacement value of drilling USD $12.1 Million using current
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
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 sample bags and are transported from the Giant
Mining secure warehouse to the ALS Labs Sample Prep Facility in Elko, Nevada. ALS Labs
then securely 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-
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 pulps will be retrieved from ALS Labs.
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
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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”).
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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