COPPER GIANT ENGAGES APEX GEOSCIENCE LTD TO LEAD UPDATED MINERAL RESOURCE ESTIMATE FOR MOCOA PROJECT
None
On October 22, 2025, Copper Giant announced it has formally engaged APEX Geoscience Ltd. to prepare an updated NI 43-101 Mineral Resource Estimate (MRE) for its flagship Mocoa project in Colombia.
The updated MRE will be a significant step forward from the previous 2022 resource, as it will incorporate: - New drilling data from at least ten additional holes, totaling approximately 10,000 metres. - The highly positive metallurgical results announced in October 2025, which showed superior recoveries for both copper and molybdenum. - Refined geological and density data. - Revised three-year trailing metal price ratios for copper and molybdenum.
The company also announced it has engaged Orbiton Capital Corp. for strategic advice and marketing services for a 24-month term.
The decision to commission an updated MRE is a logical and crucial step that crystallizes the significant progress made over the past year. It is the formal process of converting excellent drill results and major de-risking milestones into a quantifiable asset on the company's books. While an expected development, its initiation is a material positive event that signals the company is moving to the next stage of value recognition.
To understand the full impact, we must review the progression of news: - Project De-risking (Metals & Social): In early October 2025, the company announced metallurgical test results that significantly exceeded the assumptions used in the previous resource model (up to 92% copper and 97% molybdenum recoveries). Days later, it secured a critical Prior Consultation Agreement with the Inga Condagua indigenous community, achieving full social license—a massive de-risking event in Colombia that often derails major projects. - Exploration Success: The company has systematically released a string of impressive drill results throughout 2025. Holes like MD-047 (1,004m of 0.57% CuEq from surface), MD-050 (defining a third high-grade core), and MD-051 (extending the high-grade core into a previously modeled low-grade area) have consistently demonstrated that the Mocoa system is larger and higher grade than previously understood. The system remains open for expansion in multiple directions. - Corporate Foundation: The company successfully raised C$8.27 million in July 2025, providing the capital for this aggressive exploration. It also strengthened its technical team and board, attracting high-calibre individuals with porphyry expertise.
The October 22 news is the culmination of these successes. By engaging APEX Geoscience, a reputable independent firm, Copper Giant is now set to deliver what the market has been anticipating: a new resource estimate that incorporates much better metallurgy, significantly more drilling in high-grade zones, and a more robust geological model. The outcome is expected to be a substantial increase in the size, grade, and confidence level of the Mocoa resource, which should serve as a major catalyst for a share price re-rating.
The marketing agreement with Orbiton is a routine operational item and is not material to the investment thesis.
Copper Giant Resources Corp. (formerly Libero Copper & Gold Corp.) is a mineral exploration company focused on advancing its flagship Mocoa copper-molybdenum project in Putumayo, Colombia. The Mocoa project is a large porphyry deposit discovered in 1973. The company has been aggressively drilling since 2022 to expand the known resource, which remains open in all directions and has shown evidence of being a district-scale system with multiple porphyry centers.