COPPER GIANT EXTENDS MOCOA'S NEAR SURFACE HIGH-GRADE WITH 567-METRES AT 0.54% COPPER & 0.07% MOLYBDENUM Hole MD-047 returned 1,004-metres of continuous copper and molybdenum mineralization from surface with the entire hole averaging
COPPER GIANT EXTENDS MOCOA'S NEAR SURFACE HIGH-GRADE WITH
567-METRES AT 0.54% COPPER & 0.07% MOLYBDENUM
Hole MD-047 returned 1,004-metres of continuous copper and molybdenum mineralization from surface with the entire hole averaging
0.57% CuEq*
(0.39%
Cu and 0.04% Mo)
—highlighting one of the most robust mineralized intervals drilled at Mocoa to date
.
Grades intensify toward depth, with multiple high-grade intervals—including:
126-metres at 0.99% CuEq*
(0.62% Cu and 0.09% Mo) and the final
36-metres
of the hole
grading 1.06% CuEq*
(0.64% Cu and 0.10% Mo) (see Table 1 and Figure 2).
High grades are hosted in newly identified early-stage and inter-mineral porphyry in addition to breccia phases—confirming that Mocoa's high-grade potential
extends beyond previously recognized breccia zones and opens new vectors for targeting.
New structural insights from Mocoa reveal consistent orientations in the copper and molybdenum-bearing veins. These are now being integrated into 3D
modeling to enhance targeting of the most prospective zones in upcoming in-fill and step-out drilling.
VANCOUVER, BC
,
July 30, 2025
/CNW/ - Copper Giant Resources Corp. ("
Copper Giant
" or the "
Company
") (TSXV: CGNT) (OTCQB: LBCMF) (FRA: 29H0) is
pleased to announce full assay results for hole MD-47 which ended at 1,004 metres due to drill capacity, further constrained by the wedge installation that
reduced the maximum achievable depth. The hole is part of the Company's 14,000-metre resource expansion program at its flagship Mocoa porphyry copper-
molybdenum project in Putumayo,
Colombia
. MD-47 has extended the high-grade core of the system to depth and confirmed the orientation of bulk copper and
molybdenum mineralization. Drilling remains active with two drills operating at full capacity.
"Hole MD-047 is one of the most exciting holes we've drilled recently and has significantly advanced our understanding of the Mocoa system. Beyond the
exceptional grades, MD-047 gives us clear evidence of a broader and deeper high-grade system than we had modeled. Discovering new intrusive phases and
ending the hole in strong mineralization, including a final interval over 1% CuEq, opens a new vector in the system, pointing to additional high-grade potential
we hadn't modeled. Ending the hole in such strong mineralization, without the ability to go deeper, leaves us wondering just how much more there is below."
—
Edwin Naranjo Sierra
, Vice President of Exploration.
Hole MD-047
Hole MD-047 was extended beyond its originally planned depth based on the strength and continuity of visible mineralization and multi-stage veining observed at
depth. Detailed description and partial assay results of the first 489-metres of the hole was released on
June 25, 2025
. Below this depth (and up to 830-metres
downhole), the hole intercepted an inter-mineral porphyry (I1) pervasively altered by sericite with localized remnants of K--feldspar alteration. This interval hosts a
complex network of well-developed A type veinlets crosscutting early dark micaceous (EDM) veinlets alongside abundant chalcopyrite as C-type veinlets that
overprint molybdenite rich B-type veinlets. From 830 to 862-metres, the hole intercepted a potassic-altered early microdiorite porphyry (E0) characterized by
abundant A-type veining (Figure 2A), crosscut by B- and C-type veins, a key indicator of early mineralizing events and subsequent overprinting phases within the
Mocoa porphyry system. Below this depth, the hole intercepted a brecciated porphyry with chalcopyrite and molybdenite occurring as matrix infill (Figure
2B
and
2C), further supporting the interpretation of a long-lived, multi-phase mineralizing system. MD-047 bottomed at 1,004 metres in a silica-altered intra-mineral
porphyry (I1) (Figure 2D) with stockwork of A-type veining, localized disseminated molybdenite and chalcopyrite within the matrix and banded molybdenite quartz
(BQM) veins.
MD-047
From
(m)
To
(m)
Interval
(m)
Cu
(%)
Mo
(%)
CuEq
*
(%)
0
1,004
1,004
0.39
0.04
0.57
and including
187
1,004
818
0.47
0.05
0.68
and including
187
754
567
0.54
0.05
0.76
and including
393
754
360
0.54
0.07
0.82
and including
593
719
126
0.62
0.09
0.99
and including
969
1,004
36
0.64
0.10
1.06
Table 1 – Full assay results for drill hole MD-047.
*Copper equivalent (CuEq) for drill hole interceptions is calculated as: CuEq (%) = Cu (%) + 4.2 × Mo (%),
utilizing metal prices of Cu -
US$4.00
/lb and Mo -
US$20.00
/lb and metal recoveries of 90% Cu and 75% Mo. Grades are uncut. Mineralized zones at Mocoa are
bulk porphyry-style zones and drilled widths are interpreted to be very close to true widths. Note: For the first 489-metres assay results
refer to news release dated
June 25, 2025
and table 2.
Figure 1. Cross-section along the hole MD-047 with a projection influence of 25m. *Copper equivalent (CuEq) for drill hole interceptions is calculated as: CuEq (%)
= Cu (%) + 4.2 × Mo (%), utilizing metal prices of Cu - US$4.00/lb and Mo - US$20.00/lb and metal recoveries of 90% Cu and 75% Mo. Grades are uncut.
Mineralized zones at Mocoa are bulk porphyry-style zones and drilled widths are interpreted to be very close to true widths. For MD-47: azimuth of 70-degrees
and dipping 68-degrees. Coordinates are UTM system, zone 18N and WGS84 projection. Hole collar is 313634E, 137883N and 1834 m.a.s.l. (CNW
Group/COPPER GIANT RESOURCES CORP.)
The C-type veinlets, which host the bulk of the copper mineralization, exhibit two dominant orientations: 125°/50° and 250°/65° (Dip Direction/Dip). Furthermore,
the B-type veinlets, including Banded Quartz-Molybdenite (BQM) veins, which are the primary carriers of molybdenum, display two main trends: 120°/20° and
250°/75°. This new structural information is being integrated into the 3D copper and molybdenum grade distribution model to better constrain the high-grade core
of the Mocoa system and enhance sub-targeting for future in-fill drilling. This new information is being integrating to the copper and molybdenum grade distribution
3D model to better constraint the high-grade core of the system and provide a better high-grade sub-targeting for further in-fill drilling at Mocoa.
Figure 2. Mineralization and hydrothermal alteration observed in MD-047. A). Potassic altered early microdiorite porphyry (E0). B). Chlorite-sericite altered
brecciated porphyry with molybdenite (moly) and chalcopyrite as matrix-infill. C). Chlorite-sericite altered brecciated porphyry with a massive chalcopyrite. D).
Strong sericite altered dacite porphyry with banded molybdenite quartz veins. (CNW Group/COPPER GIANT RESOURCES CORP.)
MD-047
From
(m)
To
(m)
Interval
(m)
Cu
(%)
Mo
(%)
CuEq
*
(%)
0
489
489
0.35
0.02
0.45
including
187
489
303
0.54
0.03
0.67
and including
395
489
94
0.53
0.05
0.74
Table 2 – Partial assay results for drill hole MD-047 released on
June 25, 2025
.
*Copper equivalent (CuEq) for drill hole interceptions is calculated as: CuEq (%)
= Cu (%) + 4.2 × Mo (%), utilizing metal prices of Cu -
US$4.00
/lb and Mo -
US$20.00
/lb and metal recoveries of 90% Cu and 75% Mo. Grades are uncut.
Mineralized zones at Mocoa are bulk porphyry-style zones and drilled widths are interpreted to be very close to true widths.
Qualified Person and Technical Notes
Edwin Naranjo Sierra
, Vice-President of Exploration of Copper Giant is the designated Qualified Person within the meaning of National Instrument 43-101 –
Standards of Disclosure for Mineral Projects ("NI 43-101") and has reviewed and approved the technical information in this news release. Mr. Naranjo holds an
MSc. in Earth Sciences and is a Fellow of the Australasian Institute of Mining and Metallurgy (FAusIMM).
Mineralized zones at Mocoa are bulk porphyry-style zones and drilled widths are interpreted to be very close to true widths.
Copper Giant operates according to a rigorous Quality Assurance and Quality Control (QA/QC) protocol consistent with industry best practices. Core diameter is
a mix of HQ and NQ depending on the depth of the drill hole. Diamond drill core boxes were photographed, sawed, sampled and tagged in maximum 2-metre
intervals, stopping in geological boundaries. Samples were bagged, tagged and packaged for shipment by truck from Copper Giant's core logging facilities in
Mocoa,
Colombia
to the ActLabs certified sample preparation facility in
Medellin, Colombia
. ActLabs is an accredited laboratory independent of the Company.
Samples are processed in the
Medellin
facilities where they are analyzed for copper and molybdenum by 4-Acid digest Atomic Absorption (AA) analysis. The
sample pulps are air freighted from
Medellin
to the ActLabs certified laboratory in
Guadalajara, Mexico
, where they are analyzed for a suite of 57 elements using
4-Acid digest and ICP-MS. In order to monitor the ongoing quality of assay data and the database, Copper Giant has implemented QA/QC protocols which
include standard sampling methodologies, the insertion of certified copper and molybdenum standard materials, blanks, duplicates (field, preparation and analysis)
randomly inserted into the sampling sequence. QA/QC program also includes ongoing monitoring of data entry, QA/QC reporting and data validation. No material
QA/QC issues have been identified with respect to sample collection, security and assaying.
About the Mocoa Porphyry System
The Mocoa project is located in the department of Putumayo, approximately 10 kilometres from the town of Mocoa in southern
Colombia
. Copper Giant holds a
district-scale land package of over 790 square kilometres through granted titles and applications, covering a substantial portion of the Jurassic porphyry belt - an
underexplored and highly prospective metallogenic zone in the northern Andes.
Discovered in 1973 through a regional geochemical survey by the United Nations and the Colombian government, Mocoa has been the subject of multiple
exploration campaigns. Between 1978 and 1983, follow-up work included geological mapping, IP and magnetic geophysics, surface sampling, drilling, and
metallurgical testing. Additional drilling by B2Gold in 2008 and 2012 helped shape the current geological understanding.
The deposit is hosted in Middle Jurassic dacite and quartz-diorite porphyries intruding andesitic to dacitic volcanics, within
Colombia's
Central Cordillera. This 30-
kilometre wide tectonic belt extends into
Ecuador
and hosts other major porphyry systems like Mirador, Warintza,
San Carlos
, and Panantza. Mocoa displays a
classical porphyry-style alteration zonation: potassic core, sericite halo, and outer propylitic zone, with mineralization consisting of disseminated chalcopyrite and
molybdenite, and local bornite and chalcocite, associated with stockworks and hydrothermal breccias.
The system features over 1,000 metres of vertical continuity, overlapping hydrothermal stages, and a broad alteration footprint. Multiple intrusive phases,
brecciation events, and vein generations suggest a dynamic magmatic-hydrothermal evolution likely driven by more than one porphyry center.
Mocoa remains open in all directions, with several satellite targets identified across the broader land package. These features support the interpretation of a
district-scale porphyry system and position Mocoa as one of the most significant undeveloped copper-molybdenum assets in the Andes
1
For further information refer to NI 43-101 Technical Report, entitled
"Technical Report on the Mocoa Copper-Molybdenum Project,
Colombia
", dated
January 17, 2022
, prepared by Michael Rowland Brepsant, FAusIMM,
Robert Sim
About Copper Giant
Copper Giant Resources Corp. is part of the Fiore Group, a private and well-established Canadian organization known for building successful, high-impact
companies across the natural resource sector. Copper Giant was formed with a singular focus: to advance high-quality copper projects beyond resource definition
—responsibly, efficiently, and with long-term positive impact.
The Company is led by a team with uncommon experience, having successfully taken some of the few major copper mines developed in the past two decades
from discovery through to construction.
Copper Giant's current focus is the Mocoa copper-molybdenum deposit in southern Colombia, one of the largest undeveloped resources of its kind in the
Americas. Recent exploration success has revealed potential well beyond its original footprint, highlighting Mocoa as a broader district-scale opportunity—and the
catalyst for the Company's name and evolution.
Guided by the values of
respect
and r
esponsibility
, and grounded in its
Good Neighbor
philosophy, Copper Giant is committed to creating enduring value for all
stakeholders and playing a meaningful role in the global energy transition.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.
This news release includes forward-looking statements that are subject to risks and uncertainties. All statements within, other than statements of historical fact,
including statements regarding the drilling results of MD-047, the outcome of the Company's current resource expansion strategy; other activities and
achievements of the Company, including but not limited to: the timing and success for the advancement of the Mocoa Project, the expansion of the Mocoa
resource base; are to be considered forward looking. Although Copper Giant 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 or developments may differ materially from
those in forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices
and volatility with the Company's common shares, exploitation and exploration successes, uncertainty of reserve and resource estimates, risks of not achieving
production, continued availability of capital and financing, processes, permits and filing requirements, risks related to operations in foreign and developing
countries and compliance with foreign laws and including risks related to changes in foreign laws and changing policies related to mining and local ownership
requirements in
Colombia
, and general economic, market, political or business conditions and regulatory and administrative approvals. There can be no
assurances that such statements will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. We do not
assume any obligation to update any forward-looking statements
SOURCE
COPPER GIANT RESOURCES CORP.
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For further information:
Additional Information: Ian Harris, Chief Executive Officer, [email protected], +1 303 956 2944; Tetiana Konstantynivska,Vice
President Investor Relations, [email protected], +1 778 829 8455
CO: COPPER GIANT RESOURCES CORP.
CNW 07:30e 30-JUL-25