Giant Mining Corp. Contracts Big Sky Exploration for Diamond Core Drilling at Majuba Hill Copper Deposit
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*Press Release July 8, 2024
Giant Mining Corp. Contracts Big Sky Exploration for
Diamond Core Drilling at Majuba Hill Copper Deposit
VANCOUVER, BC — July 8, 2024 — Giant Mining Corp. (CSE: BFG | OTC: BFGFF
| FWB: YW5) (“Giant Mining” or the “Company”) is pleased to announce it has
engaged Big Sky Exploration, LLC (“Big Sky”) of Eureka, Nevada for diamond core
drilling (the “Core Program”) at the Majuba Hill Porphyry Copper Deposit (“Majuba
Hill”), a copper, silver, and gold project located in Pershing County, Nevada.
Big Sky will undertake the Core Program, which plans to drill a minimum of 1,600
feet (488 meters) of core drilling within the existing ex ploration target area . The
contract does not specify a maximum drilling requirement, allowing for flexibility in
the execution of the project. Additionally, the Company is also contemplating drilling
two deep core holes, each expected to reach depths of up to 3,500 feet (1,066
meters).
Drilling operations are set to commence with the arrival of the drilling rig on July 15,
2024.
David Greenway, CEO of Giant Mining Corp., commented on the new drilling contract,
stating, “We are thrilled to announce that the core drilling contract has been awarded
to Ben Sieben's team at Big Sky Exploration. This group effort marks the beginning
of one of most exciting drill programs in recent memory for Giant Mining. Ben’s team
engages and implements modern mud technologies and engineering, leading to what
we believe will be excellent recovery success. We are confident that their expertise
and innovative approach will lead to significant discoveries and advancements for our
company."
Drilling will focus on the drill targets designed to expand the mineral potential at
Majuba Hill, ensuring a comprehensive understanding of the deposit. The Core
Program will provide detailed and accurate data that is crucial for delineating the
extent and continuity of the copper, silver, and gold mineralization.
As previously stated, this investment in drilling is essential for refining the geological
model of Majuba Hill, significantly enhancing Giant Mining ’s resource evaluation
efforts. The drilling data collected from these programs will enable the Company to
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update its resource estimates with greater precision, ultimately contributing to the
advancement and economic assessment of the project. By thoroughly exploring and
defining the mineral pot ential, the Company aims to optimize the development
strategies for Majuba Hill, aligning with management’s commitment to creating
shareholder value through meticulous exploration and resource management.
Figure 1: Giant Mining historic and planned core holes in blue.
About Big Sky Exploration, LLC
Big Sky Exploration, LLC, headquartered in Eureka, Nevada, was established from a
genuine passion for diamond core drilling, bringing extensive expertise to the
forefront of the mining industry. With a commitm ent to maximizing core recovery,
Big Sky Exploration demonstrates unparalleled flexibility and adaptability to varying
hole conditions. The company takes pride in delivering high -quality, cost-effective
solutions tailored to meet the demands of the most challenging drilling environments.
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 Per son" as such term is defined under
National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-
101").
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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 fueled by the Green New
Deal in the US a nd 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.
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 w here 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 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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