COPPER GIANT DEFINES THIRD HIGH-GRADE PORPHYRY CORE AT MOCOA AND CONFIRMS NORTHERN EXTENSION OF BRECCIA CORRIDOR
Executive Summary
- Copper Giant reported high‑grade assay results from drill holes MD‑049 and MD‑050 at the Mocoa copper‑molybdenum project, confirming a northern extension of the breccia corridor and defining a third high‑grade porphyry core.
- Both holes intersected substantial widths of Cu‑Mo mineralization (up to 477 m @ 0.37% CuEq in MD‑049 and 316 m @ 0.35% CuEq in MD‑050), with several higher‑grade sub‑zones (>0.40% CuEq).
- The results support continued resource expansion, with all three high‑grade cores remaining open at depth and laterally; new lower‑elevation drill pads are being advanced to accelerate further step‑out drilling.
Key Details
- Hole MD‑049 (1,085 m total) – 477 m @ 0.37% CuEq (0.30% Cu, 0.02% Mo)
- Sub‑zone 200 m @ 0.49% CuEq (0.37% Cu, 0.03% Mo)
- Sub‑zone 71 m @ 0.43% CuEq (0.39% Cu, 0.01% Mo)
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Final 76 m @ 0.39% CuEq (0.37% Cu, 0.005% Mo)
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Hole MD‑050 (952 m total) – 316 m @ 0.35% CuEq (0.25% Cu, 0.02% Mo)
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High‑grade interval 145 m @ 0.60% CuEq (0.39% Cu, 0.05% Mo)
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Both holes ended due to drill‑rig capacity while still intersecting strong mineralization, indicating additional upside potential.
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Geological significance:
- MD‑049 validates the 3‑D model’s prediction that the breccia corridor extends further north, opening a new growth vector for resource definition.
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MD‑050 links East Valley and the main Mocoa deposit, establishing a third high‑grade core comparable in grade to earlier cores (MD‑047).
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Operational update: Two drill rigs continue operating under the 14,000 m resource expansion program; new lower‑elevation pads are being permitted to improve drilling efficiency.
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Qualified Person: Edwin Naranjo Sierra, VP Exploration, reviewed and approved all technical information per NI 43‑101.
Notable Quotes
“Hole MD‑049 confirmed our hypothesis that the breccia corridor extends further north… MD‑050 established a new third high‑grade porphyry core… all three high‑grade centers remaining open at depth and laterally.” – Edwin Naranjo Sierra, Vice‑President of Exploration
“Metallurgy has exceeded assumptions, and now drilling has confirmed a third high‑grade core… Mocoa keeps delivering across geology, recoveries, and infrastructure advantages…” – Ian Harris, President & CEO