Copper Giant obtains unified concession, adds drill rig

• The most recent substantive announcement (April 28, 2026, 07:30) confirms that Colombia's National Mining Agency (ANM) has approved the integration of mining titles FJT-131 and FJT-141 into a single unified concession at the Mocoa project.
• This integration resets the concession term to a new exploration stage and explicitly confirms no overlap with forestry reserves or protected areas, resolving a regulatory uncertainty initiated in November 2024.
• Operational update: A third drill rig is now operational, bringing the active fleet to three rigs for the fully funded 2026 exploration program (targeting ~23,000 metres).
• Current Mineral Resource Estimate (MRE) remains unchanged at 12.7 billion pounds CuEq within the new integrated title.
• A follow-up report issued later on April 28 (17:51) by Mr. Ian Harris contains no specific operational metrics or financial details, serving primarily as an administrative confirmation of the earlier release.

• Tenure Security: The unified concession removes a key permitting risk associated with forestry reserve overlaps. While anticipated following the November 2024 boundary clarification, formal approval is a necessary milestone for advancing toward a Preliminary Economic Assessment (PEA).
• Operational Execution: Mobilizing a third rig confirms management's commitment to the aggressive 23,000-metre drilling plan announced in February 2026. This accelerates resource conversion and expansion timelines.
• Market Expectations: The news aligns with previous guidance provided during the January 2026 financing and MRE update. It does not introduce new resource growth or unexpected financial terms, but rather validates the execution of the existing roadmap.
• Risk Mitigation: By confirming no protected area overlap, the company reduces the risk of future work stoppages or title cancellations, which is critical for a project in Colombia's Putumayo department.

• Company: Copper Giant Resources Corp. is an exploration-stage mining company focused on building a copper-molybdenum portfolio in Colombia.
• Flagship Project: Mocoa Copper-Molybdenum Porphyry Project located in the Putumayo Department, Colombia.
• Project Status: Exploration/Development stage with an updated NI 43-101 Inferred Mineral Resource Estimate (MRE) of 12.7 billion pounds CuEq (1.12 billion tonnes @ 0.51% CuEq).
• Geology: Jurassic-age porphyry system with near-surface, open-pit potential. The deposit remains open laterally and at depth.
• Strategic Focus: Advancing Mocoa toward a PEA through aggressive drilling (23,000m in 2026) and securing social/environmental licenses.