Drill Results Material +

Copper Giant's First Directional Daughter Holes Beat Resource Model at Mocoa, Returning 0.97% CuEq (0.70% Cu and 0.051% Mo) Over 68m Within 371m of 0.53% CuEq (0.40% Cu and 0.02% Mo), While Continuing to Identify Higher Grades at the Southern Margin of Mo

Copper Giant Validates Mocoa Model with Directional Drilling Success Ahead of PEA

By The Northwire Desk — AI Analysis Apr 14, 2026 · 07:30 CGNT · 0.72 Copper Giant Resources Corp.

Executive Summary

Date: April 14, 2026
Headline: Copper Giant's First Directional Daughter Holes Beat Resource Model at Mocoa.
Key Results:
- Hole MD-060: 68m @ 0.97% CuEq (0.70% Cu, 0.051% Mo) within 371m @ 0.53% CuEq.
- Hole MD-059: 141m @ 0.71% CuEq (0.47% Cu, 0.05% Mo) starting at 355m depth.
- Hole MD-058: 92m @ 0.39% CuEq within a newly discovered microdiorite porphyry phase.
Strategic Context: These are the first directional daughter holes following the engagement of Aziwell Colombia SAS (Feb 24, 2026). The results confirm and locally exceed the current Mineral Resource Estimate (MRE) average grade of 0.51% CuEq established in January 2026.
Operational Status: Two drill rigs operating at full capacity; a third rig mobilizing to La Estrella target (announced April 8, 2026).

Material Impact

Validation of Technical Strategy: The news confirms the directional drilling strategy announced in February 2026 is effective. It achieves higher data density and lower cost per metre while validating the geological model used for the January 2026 MRE update (12.7 billion lbs CuEq).
Grade Confirmation: Intercepts exceeding the resource model average grade reduces technical risk associated with the upcoming Preliminary Economic Assessment (PEA). It suggests the economic assumptions regarding head grade may be conservative.
Resource Conversion: The high-quality data supports the company's goal to convert 30–50% of Inferred resources to Indicated status, a critical step for advancing toward feasibility studies.
Comparison to History: This follows a consistent trend of positive drilling results since late 2025 (e.g., Nov 2025 MRE update, Dec 2025 high-grade intercepts). While not a new discovery of magnitude like the November resource update, it materially de-risks the execution phase.
Transcript Discrepancy: The provided transcript context refers to "Cognyte" (software/security), which is unrelated to Copper Giant Resources Corp. Therefore, no financial verification can be made using that transcript data for this company.

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Company Overview

Company: Copper Giant Resources Corp. is a mineral exploration company focused on building a copper-molybdenum portfolio in Colombia.
Flagship Project: Mocoa Copper-Molybdenum Porphyry Project located in Putumayo, Colombia.
Resource Status: Inferred Mineral Resource of 12.7 billion lbs CuEq (1,120 Mt @ 0.51% CuEq) as per January 9, 2026 NI 43-101 Technical Report.
Geology: Jurassic-age porphyry system with near-surface mineralization and high metallurgical recoveries (up to 97% Mo recovery in bench-scale tests).
Land Package: Approximately 136,425 hectares following the acquisition of Grupo Minera Sol SAS in June 2025.

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