Giant Mining Intersects ExploreTech-Predicted Mineralization, Indicating Potential Extension or New Discovery at Majuba Hill Copper-Silver-Gold Project, Nevada
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Press Release May 12, 2025
Giant Mining Intersects ExploreTech-Predicted
Mineralization, Indicating Potential Extension or New
Discovery at Majuba Hill Copper-Silver-Gold Project, Nevada
VANCOUVER, BC — May 12, 2025 — Giant Mining Corp. (CSE: BFG | OTC:
BFGFF | FWB: YW5) (CSE:BFG.WT.A) (“Giant Mining” or the “Company”) is
pleased to provide the following update on Hole MHB-36 (“MHB-36”). MHB-36 is the fifth
and final hole of the 2025 diamond core drilling program (the “Core Program”), at the
Majuba Hill Porphyry Copper-Silver-Gold Deposit (“Majuba Hill”) in Pershing County,
Nevada. The hole was completed to 1100 feet (335.3 m). The Company further announces
it is fully funded for a follow-on drill program at Majuba Hill.
Notably, Hole MHB-36 was strategically designed using Exploration Technologies, Inc.
(“ExploreTech”) and its proprietary probabilistic AI-driven geophysical modeling,
significantly enhancing the Company’s targeting capabilities for this phase of the program.
ExploreTech’s software automatically optimizes drill targeting—enabling companies to
make smarter, faster, and more cost-effective drilling decisions.
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Figure 1: 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).
MHB-36 intersected visual disseminated and vein-hosted chalcopyrite mineralization within
the targeted breccia zone, beginning at a downhole depth of 650 ft (198 m). Mineralization
was observed intermittently continuing beyond 905 ft (274.32 m).
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Figure 2: MHB-36/935 feet (285 m). Intrusive with disseminated chalcopyrite.
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Figure 3: MHB-36/ 795 feet (242.3 m). Hornfelsed Auld Lang Syne
Metasediments with Chalcopyrite in core box and close-up view.
As stated in the May 9, 2025 news release, the fifth drill hole originally targeted
a depth of 1,000 ft (305 m), inclined at 70° with an azimuth of 220°. The hole
was designed by ExploreTech using its proprietary AI-assisted geophysical modeling
system to target a high-potential resistivity anomaly identified in the southern sector of the
project area. Upon completion of these five drill holes, the Company’s cumulative
exploration and development drilling will exceed 88,000 ft (26,822 m), providing a
significantly enhanced geological and geophysical dataset to refine the deposit model and
guide subsequent resource estimation.
The intersection of the targeted mineralization, as predicted by ExploreTech’s AI-assisted
geophysical modeling, provides a critical foundation for optimizing the design of the
Company’s subsequent drill programs planned for 2025, 2026, and beyond.
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Figure 4: Location for AI-Assisted Drill Hole Targeting for MHB-36 Designed by
ExploreTech.
David Greenway, CEO of Giant Mining, commented: “The future is now. ExploreTech’s
cutting-edge AI technology, combined with the expertise of our technical team at Giant
Mining, is transforming how we explore and unlock the full potential of Majuba Hill. The AI
models predicted mineralization starting between 600 and 700 ft, and our team intersected
the target zone within just 50 ft of those projections—a remarkable validation of this
technology. Artificial intelligence is reshaping the future of mineral exploration and deposit
development, not only in the U.S. but worldwide. We’re proud to be at the forefront of this
transformation, investing in innovation today that will drive success at Majuba Hill through
2026 and well beyond.”
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”).
Tyler Hall, Co-Founder and President of ExploreTech, stated: “We are thrilled to see these
drilling results; the nature of this new sulfide zone could link the breccias above with large
porphyry style mineralization below. This step-out drillhole expands the potential at
Majuba. Furthermore, with these results, ExploreTech’s drilling recommendations have
correctly intersected the source of geophysical anomalies 7 out of 7 times, and this marks
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the first time we are sharing real-world results with the broader public. We’ve repeatedly
seen our Inverter and Driller tools, built on the ExploreTech Engine, improve interpretation
timelines and drilling accuracy on multiple deposit styles, with multiple geophysical
techniques. This collaboration with the Giant Mining team has not only delivered
remarkable accuracy in targeting mineralization but is also setting the stage for continuous
optimization as new drilling data is incorporated. We’re proud to support Giant Mining as
they advance Majuba Hill into 2026 and beyond, and we look forward to the discoveries
that lie ahead.”
Figure 5: Majuba Hill 2025 Drill Hole Locations.
About Exploration Technologies Inc.
ExploreTech’s AI approach uses Inverter and Driller; two APIs built on top of The
ExploreTech Engine cloud computing orchestration system. Inverter is specifically designed
to combine surface geology and drilling results with computationally intensive modeling of
existing geophysical datasets to optimize targeting of covered targets. Driller then
generates drillhole trajectories designed to cut those clusters most effectively.
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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
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.
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.
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:
Approximately 88,795 feet of drilling to date. Rough
replacement value of drilling USD $12.1 Million using current
costs.
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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”).
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