Giant Mining Corp. Finalizes and Outlines Drill Targets for Core Drill Program To Commence Next Week at Majuba Hill Copper-Silver-Gold Project, Nevada
1
Press Release March 17, 2025
Giant Mining Corp. Finalizes and Outlines Drill Targets for
Core Drill Program To Commence Next Week at Majuba Hill
Copper-Silver-Gold Project, Nevada
VANCOUVER, BC — March 17, 2025 — Giant Mining Corp. (CSE: BFG | OTC:
BFGFF | FWB: YW5) (“Giant Mining” or the “Company”) is pleased to announce that
the company has finalized its drill targets for the 2025 Drill program commencing next week at the
Majuba Hill Porphyry Copper-Silver-Gold Deposit (“Majuba Hill”) located in Pershing County,
Nevada.
The 2025 Core Program is 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. The primary goal of the drilling
is to extend known copper mineralization in order that the company may work towards a Mineral
Resource Estimate (“MRE”).
Figure 1 - MHB-30 Copper Mineralized Fragments in Magmatic-Hydrothermal Breccia
Exploration Technologies (“ExploreTech”) was engaged by Giant Mining to apply its Engine AI
(artificial intelligence) and cloud computing platform to evaluate the planned core program and
generate additional targets by focusing on the breccias and large, low-resistivity anomalies. The
collaborative effort by the Giant Mining team and ExploreTech utilized the Companies extensive
geophysical and drilling database.
2
"Gold has now surpassed USD $3,000 per ounce and Copper has just hit a 2025 high of USD $4.93
per lb under threat of Tariffs and looming copper shortfalls. We are approximately one week away
from 2025’s maiden drill program and have now finalized our targets for the program." said David
Greenway, chief executive officer of Giant Mining. "The company is fully funded for an active year of
exploration and development drilling to add to the over 100 drill holes and over 80,000 feet of past
drilling at Majuba Hill in order to work towards a NI 43-101 mineral resource estimate for the
project.”
The 2025 Drill Program is planned for 4,400 feet (1,340 meters) of core drilling. A minimum of 2,600
feet (792 meters) will be completed and the contract does not have a maximum drilling requirement,
allowing for flexibility in the execution of the project. Planned drill holes (“PDH”) are shown on
Figure 1 and Table 1. Four of the planned drill holes are follow-up and extension holes to the 2024
drilling. A fifth hole has been added to the program to drill test the high-potential Southern Resistivity
Anomaly generated by the ExploreTech AI program.
Figure 1: Majuba Hill 2025 Proposed Drill Hole Locations
3
Planned Drill Hole Target
PDH-h2 Intersect HG Breccia.
PDH-k2 Intersect HG Breccia below
historic workings.
PDH-DUH1 Extend HG Breccia from surface.
PDH-DUH2 Extend HG Breccia westward.
PDH-lai Test southern resistivity anomaly
Table 1: Planned Drill Hole Targets and Expected Result
Some of Majuba Hill’s critically important characteristics are as follows:
Location: Nevada – The #1 mining jurisdiction on the planet according to the Fraser
Institute
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 43-101 – Standards of
Disclosure for Mineral Projects (“NI 43- 101”).
4
About Giant Mining Corp.
Giant Mining Corp. 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
LIKE AND FOLLOW
Instagram, Facebook, Twitter, LinkedIn
DOWNLOAD INVESTOR INFORMATION
Click Here
5
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.
###