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Giant Mining Expands Engagement with RESPEC to Refine Model and Strengthen Potential at Majuba Hill

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Executive Summary
- Giant Mining expands its engagement with RESPEC to incorporate recent silver assay results from drill holes MHB‑30 through MHB‑36 into the Majuba Hill 3‑D geological model.
- The updated model will refine breccia geometry, guide future drilling and metallurgical test work, and quantify the contribution of high‑grade silver intercepts (e.g., 74 ft @ 30.1 g/t Ag) to project economics.
- The company also announced a two‑month consulting agreement with Plutus Invest & Consulting GmbH for €120,000 to enhance European investor awareness and marketing activities.
Key Details
- Engagement Scope: RESPEC will integrate silver assay data from recent drilling (holes MHB‑30 – MHB‑36) into Giant Mining’s internal project model for Majuba Hill.
- Technical Objectives:
- Refine breccia body geometry and evaluate impact of new findings on overall project potential.
- Support strategy for additional step‑out drilling, timing of metallurgical studies, and evaluation of new target zones.
- Historical High‑Grade Silver Intercept (referenced): 74 ft @ 30.1 g/t Ag within a 218 ft interval averaging 73.4 g/t Ag and 1.35 % Cu (hole MHB‑27).
- Market Context: Silver price cited at ~US$50/oz, reflecting a ~35 % CAGR over the prior year.
- Consulting Agreement:
- Counterparty: Plutus Invest & Consulting GmbH (Bremen, Germany).
- Term: 2 months starting 7 Nov 2025; total fee €120,000.
- Services: Advertising, marketing, PR strategy, and investor awareness in Europe. No securities issued as compensation.
- Project Overview (Majuba Hill):
- Location: Pershing County, Nevada – 9,684 acres, accessible via county roads near Winnemucca and Reno.
- Drilling to date: ~89,395 ft (≈US$12.1 M at current costs).
- Status: Fully financed for next drilling phase; historic producer with indications of a large Cu‑Ag‑Au system.
- Qualified Person: E.L. “Buster” Hunsaker III, CPG 8137, reviewed and approved the technical information under NI 43‑101.
Notable Quotes
- David Greenway, President & CEO: “Continuing and expanding our engagement with RESPEC is a critical step in advancing Majuba Hill… integrating the silver assays … unlocking new layers of potential at a time when silver prices have surged.”
- Jeffrey M. Bickel, Principal Geologist, RESPEC: “Incorporating silver assay data alongside copper and gold allows us to map silver distribution within breccia bodies… supports Giant Mining’s efforts to prioritize step‑outs and plan metallurgical testwork.”
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May 27, 2026 · 03:15