Northwire Canada EditionSunday, August 2, 2026
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M&A / Property

Giant Mining expands Respec work at Majuba Hill

BFG · Price

Executive Summary

  • Giant Mining Corp. has expanded its engagement with Respec Company LLC to refine the geological model for its Majuba Hill project in Nevada, specifically incorporating silver assays from recent drilling (holes MHB-30 through MHB-36) and historic data.
  • The updated 3-D model aims to refine breccia body geometry, evaluate the impact of high-grade silver intercepts on project economics, and guide future drilling strategies and metallurgical studies.
  • Giant Mining also announced a two-month consulting agreement with Plutus Invest & Consulting GmbH for €120,000 to enhance investor awareness and marketing in the European market.

Key Details

  • Respec Engagement Scope: Respec is incorporating silver assays from the most recent drill program (core data from drill holes MHB-30 through MHB-36) and historic drilling into the internal project model.
  • Technical Objectives: The work focuses on refining the geometry of breccia bodies, evaluating the impact of new findings on project potential, advancing geologic controls for copper mineralization, guiding future drilling strategy, determining the timing of metallurgical studies, and supporting the evaluation of new target zones.
  • Historic High-Grade Intercepts: The release highlights previous high-grade silver results to underscore the polymetallic strength of the system, specifically:
    • Drill hole MHB-27: 74.0 feet of 30.1 grams per tonne Ag (silver) within 218.0 feet averaging 73.4 g/t Ag and 1.35% Cu.
  • Strategic Context: The integration of silver data coincides with silver prices surging to approximately $50 USD per ounce (a ~35% compound annual growth rate over the past year).
  • Regulatory Environment: The U.S. Geological Survey (USGS) filed the final 2025 list of critical minerals on Nov. 6, 2025, retaining all 50 minerals from 2022 and adding 10 more (total 60), notably including copper and silver, strengthening federal focus on domestic supply chains.
  • Marketing Agreement: Giant Mining entered into an agreement with Plutus Invest & Consulting GmbH on Nov. 1, 2025.
    • Term: Two months, commencing Nov. 7, 2025.
    • Consideration: Total payment of 120,000 euros.
    • Services: Advertising, marketing, PR strategies, and investor awareness in the European market.
    • Compensation Structure: Cash payment only; no securities issued to Plutus.
    • Relationship: Arm's-length relationship.

Notable Quotes

  • David Greenway, President and CEO: "Continuing and expanding our engagement with Respec is a critical step in advancing Majuba Hill... By integrating the silver assays along with the latest core data, we are refining the geological model and unlocking new layers of potential at a time when silver prices have surged to approximately $50 (U.S.) per ounce... This work provides a clear path for future drilling, metallurgical studies and target evaluation, all essential steps toward realizing Majuba Hill's full potential as a significant copper-silver-gold asset in Nevada."
  • Jeffrey M. Bickel, Principal Geologist at Respec Company LLC: "Our ongoing work at Majuba Hill focuses on refining the geological and structural models to integrate new drilling data with advanced geostatistical and 3-D modelling techniques. Incorporating silver assay data... allows us to map silver distribution within breccia bodies and vein arrays, evaluate its correlation with copper, and better constrain domaining and grade continuity."
Read the original news release →

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