CGNT.V · 2026-04-14 12:00:00

Copper Giant's First Directional Daughter Holes Beat Resource Model at Mocoa, Returning 0.97% CuEq (0.70% Cu and 0.051% Mo) Over 68m Within 371m of 0.53% CuEq (0.40% Cu and 0.02% Mo), While Continuing to Identify Higher Grades at the Southern Margin of Mocoa

Drill Results

Copper Giant's First Directional Daughter Holes Beat Resource Model at

Mocoa, Returning 0.97% CuEq (0.70% Cu and 0.051% Mo) Over 68m Within

371m of 0.53% CuEq (0.40% Cu and 0.02% Mo), While Continuing to Identify

Higher Grades at the Southern Margin of Mocoa

VANCOUVER, BC

April 14, 2026

/CNW/ - Copper Giant Resources Corp. (

"Copper Giant"

or the

"Company"

) (TSXV: CGNT) (OTCQB: LBCMF) (FRA: 29H0)

is pleased to announce assay results from its first directional daughter holes at the Mocoa copper-molybdenum porphyry project in Putumayo, Colombia,

completed as part of the Company's ongoing 2026 exploration program at its flagship Mocoa copper–molybdenum porphyry project in Putumayo, Colombia.

Mocoa is a Jurassic-age porphyry Cu–Mo deposit where drilling to date has delineated continuous copper and molybdenum mineralization from surface to depths

exceeding 1,100 vertical metres. Daughter holes MD-059 and MD-060, drilled from mother hole MD-057, and daughter hole MD-058, drilled from mother hole

MD-056, returned intervals (Table 1) above the current MRE¹ average grade of 0.51% CuEq, confirming and locally exceeding the resource model. All three holes

were terminated at planned design depths, in each case while still in mineralization. Results from MD-058 continue to expand mineralization along the southern

margin into areas previously modelled as waste, strengthening the vector toward the La Estrella target (Figure 1), where a third drill rig is now mobilizing.

Together, these results support resource conversion from Inferred to Indicated and advance the project toward PEA-level. Drilling continues at full capacity with

two drill rigs currently operating on site.

Hole MD-060 returned 285 metres of 0.61% CuEq (0.47% Cu and 0.026% Mo)

including 68 metres of 0.97% CuEq (0.70% Cu and 0.051% Mo) starting

at 249m, ending in mineralization. The last 19 metres of the hole grading 0.67% CuEq*(0.52% Cu and 0.027% Mo).

Hole MD-059 returned 198 metres of 0.63% CuEq (0.40% Cu and 0.04% Mo)

including 141 metres of 0.71% CuEq (0.47% Cu and 0.05% Mo) starting at

355m, ending in mineralization.

MD-058 intersected mineralization in an area previously modelled as waste

, including 92 metres of 0.39% CuEq (0.34% Cu and 0.01% Mo) over a

recently discovered microdiorite porphyry phase within 448 metres starting at 273m, strengthening the vector toward the La Estrella target.

"These are our first directional daughter holes at Mocoa, and they've delivered exactly what we interpreted. The resource model is validated, and in places

exceeded, by what we're seeing in core. This precision drilling approach gives us more high-quality data at lower cost while confirming the continuity and

predictability of the system. These results are a key step toward resource conversion and advancing Mocoa toward PEA." – Edwin Naranjo Sierra, Vice-President

of Exploration.

MD-058

Directional daughter hole MD-058 was drilled from mother hole MD-056 and was designed as a follow-up to the Company's southern step-out strategy, building

on results from holes MD-054 (refer to

news release dated January 29, 2026

) and MD-056 (refer to

news release dated March 16, 2026

), which targeted the

southern margin of the current MRE¹ footprint. This area was historically drilled by shallow and sub-vertical holes (e.g., M02, M10, M12 and M30) completed by

Ingeominas and the United Nations, which provided limited information on the deeper extent and true potential of the porphyry system (Figure 2 and 3).

Hole

Type

Kick-off

depth (m)

From

(m)

Interval

(m)

(%)

CuEq*

(%)

Release

date

MD-056

Mother

0.0

693

0.14

0.02

0.26

March 16,

2026

Including

161

693

531

0.17

0.03

0.33

and including

459

693

234

0.24

0.04

0.43

and including

616

693

0.33

0.03

0.49

MD-058

Daughter

273

721

448

0.17

0.02

0.29

April 14, 2026

Including

273

456

183

0.15

0.03

0.32

and including

551

643

0.34

0.01

0.39

and including

671

721

0.10

0.03

0.29

MD-057

Mother

0.0

532

0.25

0.027

0.39

March 16,

2026

Including

532

476

0.28

0.029

0.43

and including

341

532

191

0.54

0.034

0.72

MD-059

Daughter

269

553

284

0.35

0.04

0.54

April 14,

2026

Including

355

553

198

0.40

0.04

0.63

and including

355

496

141

0.47

0.05

0.71

MD-060

Daughter

249

620

371

0.40

0.024

0.53

Including

335

620

285

0.47

0.026

0.61

and including

418

486

0.70

0.051

0.97

and including

602

620

0.52

0.027

0.67

Table 1 – Assay results for drill holes MD-058, MD-059 and MD-060.

Directional daughter hole MD-058 was drilled from mother hole MD-056. Directional daughter holes MD-059 and MD-060 were drilled from mother hole MD-057. Kick-off depth means starting point of each daughter hole.

*Copper equivalent (CuEq) for drill hole interceptions is calculated as: CuEq (%) = Cu (%) + 5.278 × Mo (%), utilizing metal prices of Cu - US$4.00/lb and Mo - US$20.00/lb and metal recoveries of 90% Cu and 95% 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.

Figure 1. Plan view of the exploration targets and the Mocoa porphyry Cu-Mo deposit. *Black dots for drill pads. (CNW Group/COPPER GIANT RESOURCES

CORP.)

Figure 2. Plan view of holes MD-058, MD-059 and MD-060 reported in this release and the position of the cross-section shown in Figures 3 and 5. The distribution

of drilling highlights the dual focus of the 2026 program, with MD-058 extending mineralization along the southern margin toward La Estrella, while MD-059 and

MD-060 increase drill density within the resource area. Kick-off (KO) points for directional daughter holes are indicated, illustrating the use of a single drill platform

to test multiple targets. *Collar for daughter holes MD-059 and MD-060 are 314014E, 137979N and 1,720 m.a.s.l. Collar for daughter hole MD-058 is 313689E,

136976N and 1,514 m.a.s.l. Coordinates are UTM system, zone 18N and WGS84 projection. For MD-058: azimuth of 5-degrees and dipping 45-degrees. For

MD-059: azimuth of 335-degrees and dipping 65-degrees. For MD-060: azimuth of 355-degrees and dipping 80-degrees. (CNW Group/COPPER GIANT

RESOURCES CORP.)

Results from MD-058 continue to demonstrate the presence of copper and molybdenum mineralization (Figure 4A and 4B) with grade above MRE cut-off in areas

previously interpreted as low-grade or waste, confirming the extension of the system both laterally to the south and at depth. These results build on intersections

from holes MD-054 (refer to

news release dated January 29, 2026

) and MD-056 (refer to

news release dated March 16, 2026

), reinforcing a coherent trend of

improving mineralization and expansion potential along the southern margin. Importantly, this evolving geological understanding directly underpins the Company's

decision to mobilize a third drill rig, as previously announced (refer to

news release dated April 8, 2026

). Drilling along the southern margin continues to support a

clear vector toward the La Estrella target, located immediately south of the current MRE footprint.

Figure 3. Cross-section along the hole MD-058 (section width of 100 metres), showing the 2026 MRE block model and the Cu and Mo grade intercepted. Results

demonstrate continuity of the system at depth and support a clear vector toward the La Estrella target, reinforcing the potential for resource expansion in this

under-drilled sector. Kick-off (KO) points for directional daughter holes are indicated. (CNW Group/COPPER GIANT RESOURCES CORP.)

Figure 4. Representative core photographs from MD-058, MD-059 and MD-060 illustrating porphyry-style mineralization and associated hydrothermal alteration.

Images highlight the presence of well-developed sulfide mineralization and vein-hosted copper and molybdenum, including higher-grade core zones intersected in

directional daughter holes. Note: A-B for MD-058, C-D for MD-059 (C and D) and E-F for MD-060. (CNW Group/COPPER GIANT RESOURCES CORP.)

Hole MD-059 and MD-060

Drill holes MD-059 and MD-060 were completed as directional daughter holes from previously reported mother hole MD-057 (refer to

news release dated March 16, 2026

), as part of the Company's infill drilling strategy within the current MRE¹ footprint. This approach allows multiple targets to be

tested from a single platform, improving drilling efficiency, increasing geological data per metre, and reducing surface disturbance. These holes targeted areas

characterized by wider historical drill spacing (Figure 5), with the objective of increasing data density and supporting the potential conversion of portions of the

Inferred Mineral Resource to the Indicated category in advance of future PEA-level evaluation. Both holes successfully intersected continuous copper and

molybdenum porphyry mineralization typical of the Mocoa system (Figure 4C - F), returning high-grade intervals consistent with, and locally exceeding, those

predicted by the current MRE block model¹. These results provide important validation of the Company's geological and grade models, confirming the continuity

and spatial predictability of higher-grade domains within the deposit.

Figure 5. Cross-section showing mother hole MD-057 and directional daughter holes MD-059 and MD-060, illustrating the geometry of targeted infill drilling within

the MRE(1) footprint. High-grade intervals intersected in MD-059 and MD-060 occur within a broader mineralized envelope defined by MD-057, validating the

continuity and predictability of the resource model. Kick-off (KO) points are shown, highlighting the ability to test multiple portions of the system from a single drill

platform. (CNW Group/COPPER GIANT RESOURCES CORP.)

Qualified Person and Technical Notes

Edwin Naranjo Sierra, Vice-President of Exploration for 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). Mr. Naranjo is not independent of the Company.

Copper Giant operates according to a rigorous Quality Assurance and Quality Control (QA/QC) protocol consistent with industry best practices. For surface

samples, 2.5kg of material is taken on each outcrop using chip or channel techniques. Samples are taken by well-trained field helpers supervised by the geologist

of the company. 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, gold, silver, molybdenum, zinc and lead 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.

Inferred Mineral Resources are considered too speculative geologically to have economic considerations applied to them that would enable them to be

categorized as Mineral Reserves. There is no certainty that all or any part of the Inferred Mineral Resources will be upgraded to an Indicated or Measured

category.

Copper equivalent (CuEq) for drill hole interceptions is calculated as: CuEq (%) = Cu (%) + 5.278 × Mo (%), utilizing metal prices of Cu - US$4.00/lb and Mo -

US$20.00/lb and metal recoveries of 90% Cu and 95% Mo.

Notes on the MRE of the project

The MRE was completed by Kevin Hon, B.Sc., P.Geo., Senior Resource Geologist, and Warren Black, M.Sc., P.Geo., Senior Consultant: Mineral Resources

and Geostatistics, both of APEX. Mr. Hon and Mr. Black are independent Qualified Persons, as defined by NI 43-101, and are responsible for the completion

of the Mineral Resource Estimate, with an effective date of November 18, 2025. Michael Dufresne, M.Sc., P.Geo., President & CEO of APEX, completed a

peer review of the estimate.

Mineral Resources that are not Mineral Reserves do not have demonstrated economic viability.

The estimate of Mineral Resources may be materially affected by environmental, permitting, legal, title, taxation, socio-political, marketing, or other relevant

issues.

The Inferred Mineral Resource in this estimate has a lower level of confidence than that applied to an Indicated Mineral Resource and must not be converted

to a Mineral Reserve. It is reasonably expected that the majority of the Inferred Mineral Resource could potentially be upgraded to an Indicated Mineral

Resource with continued exploration.

The Mineral Resources were estimated in accordance with the Canadian Institute of Mining, Metallurgy and Petroleum (CIM), CIM Standards on Mineral

Resources and Reserves, Definitions (2014) and Best Practices Guidelines (2019) prepared by the CIM Standing Committee on Reserve Definitions and

adopted by the CIM Council.

Economic assumptions used include US$4.00/lb Cu, US$20.00/lb Mo, process recoveries of 90% for Cu and 95% for Mo, a US$10/t processing cost, G&A

costs of US$1.00/t, and a 3% NSR royalty

CuEq* values are calculated using a Cu-to-Mo value ratio of 1:5.278, incorporating both metal prices and metallurgical recoveries.

The constraining pit optimization parameters include a US$2.5/t mining cost for both mineralized and waste material and 45° slopes. Pit-constrained Mineral

Resources are reported at a cutoff of 0.25% CuEq*.

About the Mocoa Porphyry System

The Mocoa Project is located in Colombia's Department of Putumayo, approximately 10 kilometres from the town of Mocoa in the country's south. Copper Giant

controls more than 132,499 Ha of district-scale tenure through granted titles and applications, covering a significant portion of the Jurassic porphyry belt--an

underexplored and highly prospective metallogenic corridor within the northern Andes.

Mocoa was first identified in 1973 through a regional geochemical survey conducted by the United Nations and the Colombian government. Follow-up programs

between 1978 and 1983 included geological mapping, IP and magnetic geophysics, surface sampling, drilling, and metallurgical testing. Subsequent drilling by

B2Gold in 2008 and 2012 refined the geological interpretation and confirmed the large scale of the system.

The deposit is hosted in Middle Jurassic dacite and quartz-diorite porphyries intruding andesitic to dacitic volcanics of the Central Cordillera, a 30-kilometre-wide

tectonic belt that extends into Ecuador and also contains major porphyry systems such as Mirador, Warintza, San Carlos, and Panantza. Mocoa exhibits classic

porphyry-style zonation with a potassic core surrounded by sericite and propylitic alteration. Mineralization consists principally of disseminated chalcopyrite and

molybdenite, accompanied locally by bornite and chalcocite, and is associated with stockwork veining and hydrothermal breccias.

A distinguishing geological feature of Mocoa is the presence of a fertile magmatic window spanning roughly ten million years, a prolonged and unusually productive

interval of magma generation and evolution that is not commonly observed in other Jurassic porphyry systems within the same belt. This extended fertile period

provides a compelling explanation for the system's large metal endowment, broad alteration footprint, and overlapping intrusive and hydrothermal events.

The deposit demonstrates more than 1,000 metres of vertical continuity, with multiple intrusive phases, brecciation episodes, and vein generations reflecting a

dynamic and long-lived magmatic–hydrothermal evolution, likely influenced by more than one porphyry center. Mocoa remains open in all directions, and several

satellite targets across the broader land package support the interpretation of a district-scale mineralized system.

Mocoa's Mineral Resource Estimate

comprises Inferred resources of 12.7 billion pounds (Blbs) copper-equivalent (CuEq*) at an average grade of 0.51% CuEq*,

including 7.7 Blbs of copper at 0.31% Cu and 1.0 Blbs of molybdenum at 0.039% Mo, within 1,120 million tonnes (Mt).

For further information refer to NI 43-101 Technical Report, entitled

"Technical Report and Updated Mineral Resource Estimate for The Mocoa Project, Putumayo Department, Colombia", dated January 8, 2026, prepared by Michael Dufresne (P.Geo, P.Geol, MSc), Warren Black (MSc, P.Geo), Kevin Hon (BSc, P.Geo) and Chester de Leon (P.Eng), with an effective date of December 23, 2025.

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 values 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 assay results of drill holes

MD-058, MD-059 and MD-060, 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. Copper Giant does not assume any obligation to update any forward-looking statements.

SOURCE COPPER GIANT RESOURCES CORP.

View original content to download multimedia:

http://www.newswire.ca/en/releases/archive/April2026/14/c0963.html

%SEDAR: 00027216E

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 14-APR-26

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