Northwire Canada EditionThursday, November 12, 2026
Northwire
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Gold 3,880.00 −3.0% Silver 50.02 −3.8% Copper 6.20 −1.5% Oil 87.63 +1.3% Palladium 992.25 −5.2% PRU 6.09 −3.3% NGEX 21.09 −4.9% TWO 0.370 +0.0% BIG 0.960 +1.1% VCG 1.10 +0.0% SCD 0.145 +0.0% GAL 0.372 +0.0% SAG 0.630 −4.5% VIZ 0.195 +0.0% SAGA 0.375 −6.2% ZEN 0.530 −3.6% TDG 0.490 +0.0% GDP 0.230 +0.0% PDN 8.41 +0.0% FL 0.355 −1.4% RIO 2.63 −1.3% Gold 3,880.00 −3.0% Silver 50.02 −3.8% Copper 6.20 −1.5% Oil 87.63 +1.3% Palladium 992.25 −5.2% PRU 6.09 −3.3% NGEX 21.09 −4.9% TWO 0.370 +0.0% BIG 0.960 +1.1% VCG 1.10 +0.0% SCD 0.145 +0.0% GAL 0.372 +0.0% SAG 0.630 −4.5% VIZ 0.195 +0.0% SAGA 0.375 −6.2% ZEN 0.530 −3.6% TDG 0.490 +0.0% GDP 0.230 +0.0% PDN 8.41 +0.0% FL 0.355 −1.4% RIO 2.63 −1.3%
Drill Results

Giant Mining Highlights Tourmaline Breccia Pipe Controls to Copper and Silver Zones at Majuba Hill Copper-Silver-Gold Project in Nevada

BFG · Price

Executive Summary

  • Giant Mining released new assay results from core holes MHB‑30 and MHB‑32 at the Majuba Hill Project, showing high‑grade copper, silver, and anomalous gold associated with tourmaline breccia pipes.
  • The release highlights the project's multi‑metal potential (Cu‑Ag‑Au), recent record commodity price environment, and confirms that the next phase of drilling is fully financed.
  • Giant Mining entered a one‑year marketing/PR agreement with Plutus Invest & Consulting GmbH, paying an initial €120,000 (up to €480,000) for European investor awareness services.

Key Details

  • Assay Highlights: Significant intercepts in core holes MHB‑30 and MHB‑32 returned high‑grade copper and silver values plus anomalously high gold; specific grades are listed in Table 1 of the release.
  • Breccia Pipes: Tourmaline breccia pipes identified in drill core, historic underground workings, and surface outcrops; these structures host the noted high‑grade mineralization.
  • Project Scale & Infrastructure: 9,684 acres located 113 km SW of Winnemucca and 251 km NE of Reno, Nevada; accessible via well‑maintained county roads with existing power and water infrastructure.
  • Drilling History: Approximately 89,395 ft drilled to date, with a rough replacement value of US$12.1 million at current costs.
  • Commodity Context: Copper $6.07/lb (Jan 2025 high), Silver $93.22/oz (Jan 2025 high), Gold $4,794.85/oz (Dec 2025 high); all trading near historic peaks, enhancing project economics.
  • Financing Status: The company has secured funding for the next drilling phase; no additional capital raise disclosed in this release.
  • Qualified Person Review: Technical information reviewed and approved by E.L. “Buster” Hunsaker III, CPG 8137 (NI 43‑101 Qualified Person).
  • Marketing Agreement: One‑year agreement with Plutus Invest & Consulting GmbH effective Jan 2 2026; initial fee €120,000, expandable to €480,000 for additional services; no securities issued as compensation.

Notable Quotes

“Majuba Hill is demonstrating the hallmarks of a large, copper‑silver mineralized system with meaningful gold potential. Silver prices have increased by more than 150 % over the past 12 months, strengthening the economics of silver‑rich copper projects like Majuba.” – David Greenway, President & CEO


Materiality Assessment: Material – Positive – The release provides new high‑grade assay results and confirms financing for continued drilling, indicating significant advancement of a multi‑metal exploration asset in a favorable commodity environment.

Read the original news release →

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