Giant Mining says sampling extends Majuba Hill breccias

Executive Summary

• Giant Mining Corp. reports soil sampling results from 96 new samples at the Majuba Hill Copper-Silver-Gold Project, which have extended the footprint of copper- and silver-mineralized breccia bodies previously identified in the 2024/2025 core drilling programs.
• The soil survey identified significant copper and silver anomalies, with results outlining a zone with potential to extend copper mineralization up to 1,000 feet eastward, supporting the company's plan to proceed to the next phase of drilling.
• The release highlights the project's strategic advantages, including its location in a top-ranked mining jurisdiction (Nevada), existing infrastructure, and fully financed status for the upcoming drilling phase.

Key Details

• Soil Sampling Results:
  • 96 new soil samples were collected to fill gaps in the existing 3,412-sample soil grid.
  • 21 samples returned greater than 100 parts per million (ppm) copper, with a maximum value of 397 ppm copper.
  • 24 samples returned greater than 2 ppm silver, with a maximum of 9.5 ppm silver.
• Geological Interpretation:
  • Anomalous copper results outline a zone with potential to extend the footprint of copper mineralization up to 1,000 feet eastward.
  • Multiple copper-in-soil zones (>100 ppm) and silver-in-soil zones (>1.1 ppm) are oriented northwest, aligning with northwestern fault corridors that act as fundamental controls to breccia bodies.
  • These overlapping zones mirror features at the southern mineralized breccia body.
• Historical Drilling Context (MHB-30):
  • 218.0 feet (66.4 metres) of 1.35% copper and 73.4 grams per tonne (g/t) silver from zero to 218 feet.
  • Including: 74.0 feet (22.6 metres) of 2.6% copper and 30.1 g/t silver from 140 to 214 feet.
• Project Statistics & Infrastructure:
  • Location: Nevada, USA (113 km southwest of Winnemucca; 251 km northeast of Reno).
  • Project Size: 9,684 acres.
  • Drilling: Approximately 89,395 feet of drilling completed to date (rough replacement value of $12.1 million USD).
  • Status: Fully financed for the next phase of drilling; mineralization is open in all directions with significant expansion potential indicated by IP surveys and deep drilling.
• Quality Assurance/Quality Control (QA/QC):
  • Samples analyzed at ALS Labs (Elko, NV prep; North Vancouver, BC analysis).
  • Gold analyzed via fire assay with AAS finish (30g split).
  • Copper, silver, and 31 other elements analyzed via four-acid digestion and ICP-AES.
  • ~5% of samples are drill duplicates or commercial standard reference materials.

Notable Quotes

• "These new soils demonstrate the potential for expanding the Majuba Hill mineralization. Our technical program continues to expand the geologic framework that supports our drill planning and improvements in the geological model by Respec. I am excited to proceed to the next phase of drilling." — David Greenway, President and CEO