Northwire Canada EditionSaturday, August 1, 2026
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Copper Giant hires Apex for updated Mocoa MRE

CGNT · Price

Executive Summary

  • Copper Giant Resources Corp. has engaged Apex Geoscience Ltd. to prepare an updated National Instrument 43-101 mineral resource estimate (MRE) for its flagship Mocoa copper-molybdenum project in Colombia.
  • The updated MRE will incorporate new geological, drilling, and metallurgical data collected since the previous estimate dated January 17, 2022, including data from at least 10 additional drill holes (approx. 10,000 meters) and 2025 metallurgical results.
  • The engagement aims to modernize the geological model, re-evaluate high-grade domains, and establish the technical foundation for future engineering-level studies, aligning with current market conditions and strategic objectives.

Key Details

  • Contractor: Apex Geoscience Ltd. (Independent geological consulting firm).
  • Qualified Person: Michael Dufresne, MSc, PGeol, PGeo, President and CEO of Apex Geoscience.
  • Scope of Work: Preparation of a new NI 43-101-compliant mineral resource estimate for the Mocoa project.
  • Data Integration:
    • Incorporates updated geological, drilling, and metallurgical data since the previous MRE (Jan 17, 2022 / effective Nov 1, 2021).
    • Includes data from at least 10 additional drill holes totaling approximately 10,000 meters.
    • Incorporates 2025 metallurgical results.
    • Includes refined density data.
    • Applies revised three-year trailing metal price ratios for copper and molybdenum.
  • Technical Objectives:
    • Re-evaluate Mocoa's high-grade domains.
    • Update block-model parameters.
    • Establish the framework for future engineering-level studies.
  • Secondary Agreement: Copper Giant entered into an analytics and AI software services agreement with Orbiton Capital Corp.
    • Services: Strategic advice, digital media, marketing services, media buying, and distribution via online media placements (e.g., newsletters).
    • Consideration: $85,000 (U.S.) upfront payment.
    • Term: 24 months, extendable at the company's discretion.
    • Regulatory Status: Subject to regulatory approval of the TSX Venture Exchange.
    • Related Party Status: Orbiton and its principal are arm's length to the company and hold no current interest in Copper Giant securities. No stock options or performance factors are included in the agreement.
  • Project Context: Mocoa is a district-scale porphyry copper-molybdenum system in Putumayo, Colombia, covering over 1,360 square kilometers. It is considered one of the largest undeveloped copper-molybdenum assets in the Americas.

Notable Quotes

  • "This update is about precision and readiness... By modernizing our model now, incorporating new drill results, stronger metallurgical recoveries and current copper-to-molybdenum ratios, we're building the technical foundation for the next phase of Mocoa's growth." — Ian Harris, President and CEO, Copper Giant Resources Corp.
Read the original news release →

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