Northwire Canada EditionMonday, August 3, 2026
Northwire
S 0.140 +0.0% BNKR 4.40 −2.2% QRO 0.045 +0.0% VCT 0.075 +36.4% PPP 1.15 +0.9% LMG 0.390 +0.0% GRDM 0.140 +0.0% ABRA 13.58 −4.1% WHY 0.295 +1.7% HHH 3.94 −0.2% COS 0.060 +0.0% NOB 0.065 −23.5% MEK 0.055 +0.0% TGOL 0.105 −4.5% FCI 0.400 −7.0% SGQ 0.350 +0.0% S 0.140 +0.0% BNKR 4.40 −2.2% QRO 0.045 +0.0% VCT 0.075 +36.4% PPP 1.15 +0.9% LMG 0.390 +0.0% GRDM 0.140 +0.0% ABRA 13.58 −4.1% WHY 0.295 +1.7% HHH 3.94 −0.2% COS 0.060 +0.0% NOB 0.065 −23.5% MEK 0.055 +0.0% TGOL 0.105 −4.5% FCI 0.400 −7.0% SGQ 0.350 +0.0%
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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