Giant Mining receives independent Majuba Hill report

Executive Summary

• Giant Mining Corp. received an independent technical report from Respec Company LLC validating a technical breakthrough and outlining a disciplined exploration roadmap for its Majuba Hill copper-silver-gold project in Nevada.
• The report identifies tourmaline breccia pipes as a key geological control for copper mineralization, refining the exploration model and guiding an upcoming up-to-10,000-foot drill program.
• Management views the findings as a transformational milestone that positions the project for discovery-driven exploration aligned with U.S. critical mineral security objectives.

Key Details

• Independent technical report received from Respec Company LLC reviewing the updated geological framework and exploration roadmap.
• Report identifies tourmaline breccia pipe-hosted copper system as a significant technical advancement, improving the ability to target higher-grade mineralization and assess future development possibilities.
• Upcoming drill program of up to 10,000 feet to be guided by the Respec recommendations and the company's technical team.
• Key findings include: recognition of tourmaline breccia pipes as key copper mineralization controls; high-grade copper/silver may occur in discrete breccia zones requiring careful geological targeting; recommendation to re-evaluate historical drilling, surface data, and geophysics within the new deposit model prior to systematic drilling.
• Future development scenarios (bulk-tonnage open-pit or smaller-scale underground) are conceptual exploration targets, not mineral resources or economic assessments, and remain subject to geological risk.
• Project location: Pershing County, Nevada (156 miles from Reno), noted as a top-ranked U.S. mining jurisdiction with supportive infrastructure and regulatory environment.
• Restricted Stock Units (RSUs): 9.65 million RSUs granted to officers, directors, and consultants; valid for a one-year term under the company's restricted share unit plan.
• Qualified Person: E.L. (Buster) Hunsaker, CPG No. 8137, non-independent consulting geologist, reviewed and approved all scientific and technical information per National Instrument 43-101.

Notable Quotes

• "The independent Respec report represents a transformational technical milestone for Giant Mining and significantly advances our understanding of the opportunity at Majuba Hill," said David Greenway, president and chief executive officer. "With a refined geological model, secured funding and a clearly defined drill strategy, we are now positioned to aggressively pursue discovery-driven exploration across this highly prospective system."