Giant Mining Plans Up to 10,000-Foot Multi-Phase Drill Program at Majuba Hill Copper-Silver Project, Nevada

Executive Summary

• Giant Mining Corp. announced a multi‑phased drill program of up to 10,000 feet (3,048 m) at its flagship Majuba Hill copper‑silver‑gold project in Pershing County, Nevada.
• Phase 1 will target three breccia zones (Southern, Ball Park, Northern) with up to 5,000 ft of core drilling, underground mapping and surface sampling; Phase 2 will add a further 5,000 ft of core drilling on additional targets.
• The program is guided by >100 historic drill holes, extensive geologic modeling, and recent high‑grade intercepts (e.g., MHB‑30: 0.43 % Cu, 24.6 ppm Ag over 800 ft; MHB‑32: 1.36 % Cu, 13.33 ppm Ag over 40 ft).

Key Details

• Program Scope: Up to 10,000 ft (3,048 m) of core drilling across two phases; Phase 1 – up to 5,000 ft, Phase 2 – up to 5,000 ft.
• Target Areas: Southern Breccia Zone, Ball Park Breccia Zone, Northern Breccia Zone; additional surface sampling at DeSoto, Copper‑Gold, Section 4 targets.
• Drilling Plan (Phase 1): 6–8 holes totaling ≤5,000 ft, cutting breccia margins in the three main zones; two “fences” of holes in Southern zone to intersect known high‑grade intervals (MHB‑30, MHB‑32).
• Key Intercepts (Table 1):
• Hole MHB‑30: Entire hole 0–243.8 m – 0.43 % Cu, 24.6 ppm Ag, 0.03 ppm Au; notable sub‑intervals include 0–66.4 m (1.35 % Cu) and 42.7–65.2 m (2.72 % Cu).
• Hole MHB‑32: Entire hole 0–271.1 m – 0.16 % Cu, 9.24 ppm Ag; significant interval 155.4–271.1 m (0.33 % Cu, 16.97 ppm Ag) and high‑grade sub‑intervals such as 245.4–248.4 m (4.36 % Cu, 35.65 ppm Ag).
• Historical Context: ~89,395 ft of drilling completed to date; rough replacement value $12.1 M. Prior historic holes (e.g., MF‑02: 0.51 % Cu, 21.7 g/t Ag over 120 ft) support target selection.
• Geologic Highlights: Intrusive‑related tourmaline breccia pipes with high‑grade copper‑silver zones, multielement associations (Cu, Ag, Au, Mo, As, Bi), downward flaring geometry, and vertical extents up to ~3,000 ft.
• Infrastructure & Jurisdiction: Located 113 km SW of Winnemucca and 251 km NE of Reno; accessible via paved roads; Nevada ranked #1 mining jurisdiction (Fraser Institute 2022).
• Financing: Company states it is “fully financed” for the next phase; no new financing terms disclosed in this release.
• Qualified Person: E.L. “Buster” Hunsaker III, CPG 8137, reviewed and approved technical information per NI 43‑101.

Notable Quotes

“This planned multi‑phase drill and exploration program represents an important next step in advancing Majuba Hill… we believe Majuba Hill offers compelling potential as we work to unlock additional value for shareholders.” – David Greenway, President & CEO

All forward‑looking statements are subject to risks and uncertainties, including those related to exploration results, permitting, commodity prices, and other factors.