Giant Mining backs U.S. Section 232 copper push

Executive Summary

• Giant Mining Corp. publicly endorsed U.S. Presidential Proclamation 11001 (Section 232), which aims to strengthen domestic and allied supply chains for processed critical minerals by reducing reliance on foreign sources.
• The company highlighted its Majuba Hill copper-silver-gold project in Nevada as strategically positioned to capitalize on increased U.S. demand for domestic copper to support defense, electrification, AI infrastructure, and grid modernization.
• Giant Mining outlined how the proclamation reinforces long-term project fundamentals, including policy momentum toward supply chain sovereignty, enhanced permitting certainty, and support for integrated North American copper processing.

Key Details

• U.S. Presidential Proclamation 11001 was issued on Jan. 14, 2026, under Section 232 of the Trade Expansion Act of 1962 to adjust imports of processed critical minerals and their derivatives.
• The proclamation follows a Section 232 investigation concluding that the U.S. is significantly dependent on foreign sources for critical minerals essential to national security, energy transition technologies, and advanced manufacturing.
• Giant Mining’s flagship asset is the Majuba Hill copper-silver-gold deposit, located in Nevada approximately 156 miles (251 km) from Reno, within a mining-friendly jurisdiction with existing infrastructure and skilled labor.
• The company identifies Majuba Hill as an advanced exploration-stage asset with a geological footprint indicating significant copper potential and proximity to U.S. end markets.
• Strategic benefits cited include formal recognition of copper as critical for U.S. infrastructure modernization, grid hardening, electrification, and defense readiness.
• Policy momentum is expected to drive enhanced investment interest, greater permitting certainty, and potential strategic partnerships for U.S.-based copper development.
• Emphasis placed on developing downstream processing capacity and end-to-end supply-chain resilience to support U.S. manufacturing, infrastructure deployment, and the defense-industrial base.
• Technical information reviewed and approved by E.L. "Buster" Hunsaker III, CPG 8137, a non-independent consulting geologist and qualified person under NI 43-101.

Notable Quotes

• "Copper has become a foundational material for the U.S. defence industrial base -- it is essential to national security, military readiness, electrification, advanced weapons systems, AI infrastructure and America's long-term economic strength," said David Greenway, CEO.
• "With Majuba Hill located in a premier U.S. mining jurisdiction, we believe the project is well positioned to contribute to domestic manufacturing resilience, defence readiness and the rebuilding of America's critical mineral supply base."