Northwire Canada EditionTuesday, July 28, 2026
Northwire
LUG 81.27 +2.4% ETG 2.65 +1.1% ARIC 0.860 +2.4% ABC 0.020 +0.0% WEC 0.010 +0.0% NTB 0.020 +0.0% URC 3.83 −8.2% BEX 0.085 +6.2% SUM 1.32 +0.0% FMN 0.270 +10.2% PHNM 0.405 +12.5% HDRO 1.11 −6.7% PWM 0.620 −1.6% LIO 0.155 +10.7% NTH 0.160 +1.6% ELEF 0.120 −4.0% LUG 81.27 +2.4% ETG 2.65 +1.1% ARIC 0.860 +2.4% ABC 0.020 +0.0% WEC 0.010 +0.0% NTB 0.020 +0.0% URC 3.83 −8.2% BEX 0.085 +6.2% SUM 1.32 +0.0% FMN 0.270 +10.2% PHNM 0.405 +12.5% HDRO 1.11 −6.7% PWM 0.620 −1.6% LIO 0.155 +10.7% NTH 0.160 +1.6% ELEF 0.120 −4.0%
Resource Estimate

Copper Giant Announces Filing of Technical Report for the Mocoa Project containing Updated Mineral Resource Estimate

Technical validation of a billion-tonne copper-molybdenum monster sets the stage for district-scale development in Colombia.

Executive Summary

The news on January 9, 2026, confirms the formal filing of the NI 43-101 Technical Report for the Mocoa project in Colombia. This report provides the technical data backing the Mineral Resource Estimate (MRE) update originally announced on November 24, 2025. Key highlights of the resource include a 76% increase in tonnage to 1.12 billion tonnes (Inferred), a 14% increase in Copper Equivalent (CuEq) grade to 0.51%, and a 101% increase in contained metal to 12.7 billion pounds of CuEq. The resource is pit-constrained and remains open laterally and at depth.

Material Impact

While the filing itself is an administrative requirement, its impact is material in providing regulatory and technical validity to the "Game Changer" results announced in late 2025. - Validation of Scale: Mocoa has officially entered the rare "billion-tonne" club of near-surface copper deposits. - Grade Improvement: The grade increase (from 0.45% to 0.51% CuEq) is driven by the discovery of high-grade cores (190M tonnes at 0.94% CuEq) and higher-than-expected molybdenum recoveries. - Strategic Momentum: Following a C$10 million private placement at $0.40 (Dec 2025) and the completion of social license agreements (Oct 2025), the company has successfully transitioned from a distressed junior to a well-funded explorer with a Tier-1 scale asset. - De-risking: The technical report solidifies the metallurgical assumptions (92% Cu, 97% Mo) and social license certainty, which are major hurdles for projects in Colombia.

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Company Overview

Copper Giant Resources (formerly Libero Copper & Gold) focuses on the Mocoa project in Putumayo, Colombia. Mocoa is a Jurassic-age copper-molybdenum porphyry. It is one of the largest undeveloped copper resources in the Andes outside of Chile and Peru. The project is characterized by high vertical continuity (>1,000m) and the presence of significant molybdenum, which contributes 20-30% of the project's potential value.

Read the original news release →

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