Copper Giant Extends Mineralization Below the Conceptual Pit at Mocoa and Confirms a Third Mineralized Corridor
Copper Giant’s deep infill at Mocoa found mineralization where waste was expected, beating the resource model and boosting PEA confidence.
On June 22, 2026, Copper Giant reported assay results for two directional daughter holes at the Mocoa copper‑molybdenum project in Colombia. Deep infill hole MD‑064 intersected 1,052 metres of continuous mineralization averaging 0.46% CuEq, including a 486‑metre panel at 0.57% CuEq that exceeds the current resource block model grade. Daughter hole MD‑063 extended mineralization below the conceptual pit boundary into areas previously classified as waste, returning 303 metres at 0.41% CuEq and confirming depth continuity. The release also highlights the first modern confirmation of a third mineralized breccia corridor (180 metres at 0.44% CuEq), supporting a multi‑phase, multi‑center porphyry system model. Management frames the intercepts as validation of geological continuity ahead of an updated Mineral Resource Estimate and Preliminary Economic Assessment.
The intercepts in MD‑064 and MD‑063 continue a pattern established over the preceding 12 months: drilling consistently meets or beats the resource model, expands the known mineralized envelope, and occasionally turns waste blocks into ore. This announcement is a direct consequence of the 2026 exploration program—the largest in the project’s history—which the market was already aware of and largely priced in. The confirmation of a third breccia corridor reinforces the thesis of a larger, multi‑center system, but the Company has been telegraphing that potential since early 2026. No new financing, partnership, or permitting milestone is attached. The release therefore represents an incremental, expected step rather than a genuinely new market‑moving event. While the results improve confidence heading into the PEA, they do not by themselves alter the project’s fundamental value proposition in a way that would be material or surprising to investors who have followed the 2025‑2026 drill campaigns. The rating is Routine‑Positive.
Copper Giant Resources Corp. is a Canadian‑listed junior explorer focused on the Mocoa copper‑molybdenum porphyry project in the Putumayo Department of Colombia. Mocoa is an early‑stage but district‑scale system hosting a near‑surface inferred resource of 1,120 million tonnes grading 0.51% CuEq (12.7 billion pounds CuEq, comprising 7.6 blbs copper and 1.0 blb molybdenum). The resource remains open laterally and at depth, and the Company holds a 132,499‑hectare land package in a Jurassic porphyry belt. Copper Giant is in the exploration/development phase, with no production or revenue. It is advancing technical studies, including metallurgical testing and a Preliminary Economic Assessment, while systematically drilling to convert and expand inferred resources.