Giant Mining MHB-34 Drilled to 1,963 Feet with Assays Now Pending From MHB-33 at Majuba Hill Copper-Silver-Gold Project, Nevada
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Press Release May 7, 2025
Giant Mining MHB-34 Drilled to 1,963 Feet with
Assays Now Pending From MHB-33 at Majuba Hill
Copper-Silver-Gold Project, Nevada
VANCOUVER, BC — May 7, 2025 — Giant Mining Corp. (CSE: BFG | OTC:
BFGFF | FWB: YW5) (CSE:BFG.WT.A) (“Giant Mining” or the “Company”)
is pleased to announce that Hole MHB-34 (“MHB-34”) was drilled to 1,963 feet (598.3
meters). MHB-34 is the third of five holes of the 2025 diamond core drilling program (the
“Core Program”), currently underway at Majuba Hill Porphyry Copper-Silver-Gold
Deposit (“Majuba Hill”) located in Pershing County, Nevada.
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Figure 1: MHB-34/1499 ft (456.9 m) Native Cu on fracture HQ Core, 2.5-inch
(63.5 mm) diam.
Furthermore, the Company is pleased to announce that all Core from Hole MHB-33
(“MHB-33”) which was drilled to a total depth of 936 feet (285.29 meters) has been
sampled and submitted to ALS Global Services (“ALS Labs”) for analysis. A previous
news release dated April 8th, 2025 errantly reported a total depth of 950 feet (289.56
meters) vs the actual total depth of 936 feet (285.29 meters).
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Figure 2. MHB-33 Drill Location
The Company further announces Hole MHB-35 (at site PDH-DUH1) was completed to 596
feet (181.66 meters). The primary goal of the Core Program is to expand known copper
mineralization at Majuba Hill and advance the project toward a new Mineral Resource
Estimate (“MRE”).
David Greenway, CEO of Giant Mining, enthusiastically commented: "We are thrilled with
the ongoing progress at Majuba Hill. As previously stated In my entire career, I've never
seen drill core like what we saw at MHB-34 which was drilled to a total depth of 1,963 feet.
Majuba Hill is rapidly emerging as a world-class copper, silver, and gold discovery, perfectly
positioned as a vital American resource. Nevada's incredible infrastructure and mining-
friendly environment only amplify this project's immense value. Giant Mining is proud to
help secure America's clean energy future and achieve critical mineral supply chain
independence."
Infrastructure Advantage
The Majuba Hill Project is strategically positioned within a mining-friendly jurisdiction and
benefits from an infrastructure setting that is favorable for efficient project advancement.
Key elements already in place include well-maintained access roads, nearby power supply,
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nearby transportation routes (highway and rail), and areas potentially suitable for
processing, waste management, and administrative operations.
As previously reported in the March 17, 2025 news release, the 2025 Core Program has
been 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 (Figure 5) .
Figure 5: Majuba Hill 2025 Actual and Proposed Drill Hole Locations
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.
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 or plastic sample bags and are transported from
the Majuba Hill to the Giant Mining secure warehouse for core sawing and processing and
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then samples are delivered to the ALS Labs sample prep facility in Elko, Nevada. ALS then
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 sample pulps are retrieved from ALS Minerals and
retained by the Company for future metallurgical testing.
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: 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
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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
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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