Northwire Canada EditionWednesday, July 15, 2026
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NTH 0.160 −3.0% GGM 0.035 +0.0% FG 0.035 +0.0% EFR 17.75 −4.6% IVN 10.57 −1.9% MASS 0.090 +0.0% LIF 26.65 −2.0% CPAU 0.155 +0.0% PTX 0.110 +0.0% VENT 0.160 +0.0% ANK 0.280 −3.5% ODV 3.32 −1.5% MINK 0.105 +0.0% ZEN 0.660 +3.1% LCE 0.250 +4.2% CBA 0.060 −29.4% NTH 0.160 −3.0% GGM 0.035 +0.0% FG 0.035 +0.0% EFR 17.75 −4.6% IVN 10.57 −1.9% MASS 0.090 +0.0% LIF 26.65 −2.0% CPAU 0.155 +0.0% PTX 0.110 +0.0% VENT 0.160 +0.0% ANK 0.280 −3.5% ODV 3.32 −1.5% MINK 0.105 +0.0% ZEN 0.660 +3.1% LCE 0.250 +4.2% CBA 0.060 −29.4%
Drill Results Neutral

Giant Mining Corp. Contracts UAS Inc. to Conduct Underground LiDAR Survey at Majuba Hill, Nevada

LiDAR Mapping Fails to Halt Freefall as Cash Burn and Dilution Weigh on Nevada Copper Explorer

By The Northwire Desk — AI Analysis Mar 30, 2026 · 03:06 BFG · 0.17 Giant Mining Corp.
Executive Summary
  • Giant Mining Corp. has contracted Unmanned Aerial Services Inc. (UAS Inc.) to conduct a high-resolution underground LiDAR survey at the Majuba Hill project in Nevada.
  • Fieldwork is scheduled for the first two weeks of April 2026, targeting approximately 3,000 feet of drifting, 169 feet of development, and multiple historical stopes, adits, and raises.
  • The survey will generate a 3D digital twin to improve structural interpretation, geological modeling, and drill targeting for the company's planned up-to-10,000-foot core drilling program.
  • The company reiterates that it is fully financed for the upcoming exploration phase and notes that LiDAR data will be integrated with existing surface, historical underground, and AI-assisted targeting datasets.
  • Technical information was reviewed by E.L. "Buster" Hunsaker III, CPG 8137, a non-independent consulting geologist.
Material Impact
  • The announcement is a standard, incremental operational step in the exploration workflow and does not contain new geological data, financing, or resource estimates.
  • The LiDAR contract was fully anticipated following the January and February 2026 announcements regarding the 2026 drill program and exploration planning.
  • The market has largely ignored the release, with the stock continuing its downward trajectory from $0.17 on March 27 to $0.08 by April 2, indicating zero positive sentiment impact.
  • No change to the fundamental risk profile, cash runway, or project valuation is presented. The news is purely procedural.
BFG · Price
Company Overview
  • Giant Mining Corp. is a Canadian junior exploration company focused on advancing the Majuba Hill Copper-Silver-Gold Project in Pershing County, Nevada.
  • The project spans 9,684 acres and is located in a top-tier mining jurisdiction with existing road, power, and water infrastructure.
  • Mineralization is hosted in hydrothermal-magmatic tourmaline matrix breccias and breccia pipe margins, with historical drilling highlighting elevated copper, silver, and anomalous gold values.
  • The company holds an exploration lease and option to purchase agreement, with a final $4.0M USD purchase price due by May 28, 2028.
  • The property is subject to a combined 4% Net Smelter Return (NSR) royalty (3% + 1%).
Read the original news release →

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Drill Results