Northwire Canada EditionThursday, November 12, 2026
Northwire
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Gold 3,880.80 −3.0% Silver 50.12 −3.6% Copper 6.20 −1.4% Oil 87.53 +1.2% Palladium 991.50 −5.2% PRU 6.09 −3.3% NGEX 21.18 −4.5% TWO 0.370 +0.0% BIG 0.960 +1.1% VCG 1.10 +0.0% SCD 0.145 +0.0% GAL 0.375 +0.7% 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 2.65 −0.8% Gold 3,880.80 −3.0% Silver 50.12 −3.6% Copper 6.20 −1.4% Oil 87.53 +1.2% Palladium 991.50 −5.2% PRU 6.09 −3.3% NGEX 21.18 −4.5% TWO 0.370 +0.0% BIG 0.960 +1.1% VCG 1.10 +0.0% SCD 0.145 +0.0% GAL 0.375 +0.7% 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 2.65 −0.8%
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 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 company highlighted the project’s large scale (9,684 acres), extensive historic drilling (~89,400 ft) and a “fully financed” next drilling phase, underscoring its multi‑metal potential.
  • 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 copper and silver grades plus anomalous gold; detailed values 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 Metrics:
  • Location: Pershing County, Nevada – top‑ranked mining jurisdiction (Fraser Institute 2022).
  • Size: 9,684 acres.
  • Infrastructure: 113 km SW of Winnemucca and 251 km NE of Reno; accessible via county roads with existing power and water.
  • Historical production present on the property.
  • Drilling to date: ~89,395 ft (≈ USD 12.1 M at current replacement cost).
  • Commodity Context: Recent all‑time highs for copper ($6.07/lb), silver ($93.22/oz) and gold ($4,794.85/oz) provide a favorable market backdrop; prices are quoted for context only.
  • Financing Status: The next phase of drilling is “fully financed,” enabling continued exploration without immediate capital raises.
  • Marketing Agreement:
  • Counterparty: Plutus Invest & Consulting GmbH (Bremen, Germany).
  • Term: One year starting 2 Jan 2026.
  • Fee: €120,000 initial, expandable to €480,000 if additional services are requested.
  • Services: Advertising, marketing, PR strategy, and investor awareness in Europe; no securities issued as compensation.
  • Qualified Person: E.L. “Buster” Hunsaker III, CPG 8137, reviewed and approved the technical information per NI 43‑101 standards.

Notable Quotes

“Majuba Hill is demonstrating the hallmarks of a large, copper‑silver mineralized system with meaningful gold potential… Our current geological and metallurgical programs are designed to systematically advance this system toward its full multi‑metal potential.” – David Greenway, President & CEO, Giant Mining Corp.

Read the original news release →

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