Copper Giant Delivers Grades Above the 2026 Resource Model and Confirms Porphyry-Style Mineralization at the La Estrella Target
Waste becomes wealth as Mocoa monster footprint outpaces current resource modeling
The most recent news release dated January 29, 2026, reports drill results that exceed the 2026 Mineral Resource Estimate (MRE) block model. Specifically, hole MD-054 intersected 804 metres of mineralization from surface, including a 253-metre interval that returned grades higher than the model in an area previously categorized as waste. Furthermore, the company confirmed that porphyry-style mineralization extends to the La Estrella target, effectively increasing the project's potential footprint. The 2025 drilling program concluded with approximately 11,400 metres completed, successfully pushing the Mocoa project past the one-billion-tonne resource threshold (1.12 billion tonnes Inferred).
The impact of this news is Material - Positive. It serves as immediate validation of the "Conceptual Exploration Target" issued in May 2025. By converting areas previously modeled as waste into mineralized zones, the company is demonstrating that the 1.12 billion-tonne Inferred Resource is likely a floor rather than a ceiling. - Resource Growth: The conversion of waste to ore directly improves the potential strip ratio and overall project economics in future studies. - Strategic Execution: Management has successfully followed through on the aggressive 14,000-metre program initiated in mid-2025, meeting tonnage projections (exceeding the 1 billion tonne mark). - Geological De-risking: Confirming mineralization at La Estrella suggests the system is part of a larger district-scale corridor rather than an isolated deposit. - Financial Context: This update follows a C$12 million financing closed just two weeks prior at $0.40, meaning the company is well-funded to execute the 2026 program without immediate dilution at these higher prices.
Copper Giant Resources (formerly Libero Copper & Gold) is focused on the Mocoa project in Putumayo, Colombia. Mocoa is a Tier-1 scale copper-molybdenum porphyry deposit. - Flagship Project: Mocoa Project. - Resource: 1.12 Billion tonnes (Inferred) at 0.51% CuEq. - Contained Metal: 7.6 billion lbs Copper and 1.0 billion lbs Molybdenum. - Jurisdiction: Colombia (Jurassic Porphyry Belt). - Scale: The project is one of the largest undeveloped copper-moly resources in the Americas.