Giant Mining Corp. New Road Construction Underway at Majuba Hill Porphyry Copper Deposit
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*Press Release July 16, 2024
Giant Mining Corp New Road Construction
Underway at Majuba Hill Porphyry Copper Deposit
VANCOUVER, BC — July 16, 2024 — Giant Mining Corp. (CSE: BFG | OTC:
BFGFF | FWB: YW5) (“Giant Mining” or the “Company”) is pleased to announce
the successful completion of new road construction at the Majuba Hill Porphyry
Copper Deposit ( “Majuba Hill ”), a copper, silver, and gold project located in
Pershing County, Nevada.
This drill road and drill site construction is being done by Legarza Exploration, LLC
(“Legarza”), and will provide additional drill locations for our ongoing and future
drilling.
Figure 1: Majuba Hill Completed Road Construction
David Greenway, President and CEO of Giant Mining Corp, stated, "The construction
of this road marks a significant milestone in our development at Majuba Hill.
Improved site access will enable us to expedite our drilling program and further
explore the substantial copper resources on the property. Buster and his team are
eager to advance our work and capitalize on the promising potential of Majuba Hill."
As previously announced in the May 30, 2024, and June 17, 2024 news releases, the
newly constructed road and site improvements will support our compre hensive
drilling program at Majuba Hill. The drilling activities include the proposed 3,900
meters (12,800 feet) of reverse circulation (RC) drilling across 16 drill holes and 488
meters (1,600 feet) of core drilling within the existing exploration target area.
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).
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Figure 2: Majuba Hill New Roads in Green
Qualified Person
The scientific and te chnical 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").
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.
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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 statement s
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
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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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