COPPER GIANT EXTENDS PORPHYRY-RELATED HIGH-GRADE CORE AT MOCOA, INTERCEPTING 666-METRES OF 0.46% Cu AND 0.04% Mo, 294-METRES OF 0.54% Cu AND 0.03% Mo WITHIN 816-METRES OF 0.38% Cu AND 0.03% Mo FROM SURFACE
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The most recent news release, dated October 15, 2025, announces assay results for drill hole MD-051 at the Mocoa copper-molybdenum project in Colombia. This was an in-fill hole designed to test the southern continuity of the high-grade core. Key intercepts include: * 816 metres of 0.38% Copper (Cu) and 0.03% Molybdenum (Mo), equivalent to 0.51% Copper Equivalent (CuEq), starting from surface. * An included interval of 666 metres grading 0.46% Cu and 0.04% Mo (0.61% CuEq). * A higher-grade core within that interval of 294 metres grading 0.54% Cu and 0.03% Mo (0.66% CuEq). The company states that the hole successfully extended the porphyry-related high-grade core eastward and at depth, confirmed the continuity of the system, and intercepted strong grades in an area that was previously modeled as low-grade. The hole was stopped at the drill rig's capacity while still in strong mineralization.
This is a material and positive result that solidifies the geological model and enhances the project's potential. While infill drilling is less spectacular than a new discovery, the results are significant for several reasons:
- Confirmation of Continuity: The long, continuous intercept from surface (816 metres) provides strong confirmation of the robustness of the Mocoa porphyry system. This is exactly what a potential acquirer or partner wants to see.
- Grade Improvement: Critically, the hole encountered strong grades in an area previously modeled as low-grade. This suggests that the overall resource grade and tonnage could increase in the next resource estimate. This is a consistent theme, as seen in the May 6 release (MD-046) which also hit mineralization in modeled waste.
- Open at Depth: Ending the hole in strong potassic alteration and mineralization at 816 metres due to drill capacity limitations indicates the system remains open for significant expansion at depth.
- Cumulative Impact: This result comes on the heels of three major de-risking events: outstanding metallurgical recoveries (Oct 2), the definition of a third high-grade core (Oct 7), and securing full social license through a legally binding agreement with the local Indigenous community (Oct 9). This steady stream of positive news across geology, metallurgy, and community relations is building a compelling case for a world-class asset.
The market has been reacting positively to the recent news flow, with the stock price moving from a low of C$0.14 in August to C$0.28. These drill results should reinforce that positive sentiment. However, as an infill hole confirming an existing thesis, it is an incremental, material positive step rather than a game-changing discovery. The result is in line with or slightly exceeds realistic expectations based on prior drilling.
Copper Giant Resources Corp. is a mineral exploration company focused on its flagship Mocoa copper-molybdenum project in Putumayo, Colombia. Mocoa is a large-scale porphyry deposit discovered in 1973. The company has been systematically advancing the project through its 14,000-metre resource expansion drill program. The historical news flow shows consistent progress, including: * Expanding the known mineralization (May 6, July 30, Oct 7, Oct 15). * Defining a large conceptual target suggesting the potential to significantly grow the resource (May 20). * Strengthening its technical team with porphyry experts (July 28). * Significantly de-risking the project through excellent metallurgical results (Oct 2) and securing full social license with local Indigenous communities (Oct 9). The property is subject to a 2% Net Smelter Return (NSR) royalty held by a third party and a 1% NSR royalty retained by the previous owner, AngloGold Ashanti.