Northwire Canada EditionWednesday, July 29, 2026
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Production / Operations

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

BFG · Price

Executive Summary

  • Giant Mining Corp. has expanded its engagement with RESPEC Company LLC 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 in hole MHB‑27) to project economics.
  • The company also announced a two‑month consulting agreement with Plutus Invest & Consulting GmbH for €120,000 to boost European market awareness.

Key Details

  • Engagement Expansion: RESPEC will integrate silver assay data from the latest drill program (holes MHB‑30 – MHB‑36) into Giant Mining’s internal project model.
  • Technical Objectives:
  • Refine breccia body geometry and geologic controls for copper mineralization.
  • Assess impact of new silver findings on overall project potential and by‑product economics.
  • Inform timing of metallurgical studies, target evaluation, and future step‑out drilling.
  • Historical High‑Grade Silver Intercept (referenced): 74 ft @ 30.1 g/t Ag within 218 ft averaging 73.4 g/t Ag and 1.35 % Cu (hole MHB‑27).
  • CEO Comment: David Greenway highlighted the strategic timing given silver prices near US$50/oz and a ~35 % CAGR over the past year, emphasizing the path toward realizing Majuba Hill’s full copper‑silver‑gold potential.
  • RESPEC Geologist Quote: Jeffrey M. Bickel noted that integrating silver data will improve domain modeling, grade continuity assessment, and support step‑out prioritization and metallurgical test planning.
  • USGS Critical Minerals List (Nov 6 2025): Inclusion of copper and silver underscores the strategic relevance of Majuba Hill’s mineral system.
  • Project Context:
  • Location: Pershing County, Nevada – top‑ranked mining jurisdiction.
  • Size: 9,684 acres; ~89,395 ft drilled to date (≈ US$12.1 M replacement cost).
  • Infrastructure: Accessible via county roads near Winnemucca and Reno.
  • Status: Fully financed for the next drilling phase.
  • Consulting Agreement:
  • Party: Plutus Invest & Consulting GmbH (Bremen, Germany).
  • Term: 2 months starting 7 Nov 2025.
  • Compensation: €120,000 cash; no securities issued.
  • Services: Advertising, marketing, PR strategy, and investor awareness in Europe.

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 … provides a clear path for future drilling, metallurgical studies, and target evaluation.”
  • Jeffrey M. Bickel, Principal Geologist, RESPEC: “Incorporating silver assay data … allows us to map silver distribution within breccia bodies … supports Giant Mining’s efforts to prioritize step‑outs, plan metallurgical testwork that addresses silver recovery, and advance delineation of the copper–silver–gold system.”
Read the original news release →

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