Giant finds copper-silver breccia pipes at Majuba

Executive Summary

• Giant Mining reports continued breccia study results at the Majuba Hill project, identifying tourmaline breccia pipes that control high-grade copper, silver, and gold mineralization.
• Drill holes MHB-30 and MHB-32 returned high-grade Cu/Ag and highly anomalous Au, with intercepts correlating to breccia pipe margins.
• The company highlights record commodity prices strengthening project economics, confirms full financing for upcoming drilling, and announces a €120k–€480k European marketing/PR agreement.

Key Details

• Geology & Drilling: Tourmaline breccia pipes identified in drill core, historic underground workings, and surface outcrops. Core holes MHB-30 and MHB-32 returned high-grade copper and silver alongside highly anomalous gold. High-grade intercepts align with breccia pipe margins.
• Project Scale & History: 9,684-acre property in Pershing County, Nevada. Historical producer with ~89,395 feet of drilling completed to date (approx. $12.1M replacement value at current costs).
• Mineralization & Expandability: System exhibits features of large porphyry Cu-Ag-Au deposits. IP survey, deep drilling, and stepout drilling indicate significant expansion potential with mineralization open in all directions.
• Infrastructure & Location: Located 113 km SW of Winnemucca and 251 km NE of Reno. Accessible via I-80 (Imlay exit) with established local roads, power, and water infrastructure.
• Commodity Market Context: Copper, silver, and gold recently hit record highs (Cu ATH $6.07/lb, Ag ATH $93.22/oz, Au ATH $4,794.85/oz), improving project economics.
• Financing Status: Company is fully financed for the next phase of drilling at Majuba Hill.
• Marketing Agreement: Entered a one-year agreement (Jan 2, 2026 – Dec 31, 2026) with Plutus Invest & Consulting GmbH for European market awareness. Initial fee €120,000, expandable to €480,000. Services include advertising, marketing, PR, and investor relations. No securities will be issued as compensation. Arm's-length relationship confirmed.
• Qualified Person: E.L. "Buster" Hunsaker III, CPG 8137, reviewed and approved technical data per NI 43-101.

Notable Quotes

• David Greenway, President & CEO: "Majuba Hill is demonstrating the hallmarks of a large, copper-silver mineralized system with meaningful gold potential. Silver prices have increased by more than 150 per cent over the past 12 months, strengthening the economics of silver-rich copper projects like Majuba. Our current geological and metallurgical programs are designed to systematically advance this system toward its full multimetal potential."