Northwire Canada EditionWednesday, November 11, 2026
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Gold 4,030.20 −2.0% Silver 51.23 −2.8% Copper 6.27 −1.2% Oil 86.04 −0.9% Palladium 1,024.00 +0.2% NVX 0.910 +0.0% MSR 0.435 +0.0% ELE 22.85 −4.0% ALS 53.01 −2.2% APM 5.13 −6.6% AVL 5.46 −5.4% NG 8.84 −9.0% ATY 0.220 −2.2% CN 0.125 −10.7% PMET 3.22 −4.2% ITH 1.99 −11.6% VMET 12.33 −6.9% ABX 56.41 −5.6% PUR 0.370 +8.8% SCY 0.085 +6.2% AUMN 0.300 +7.1% Gold 4,030.20 −2.0% Silver 51.23 −2.8% Copper 6.27 −1.2% Oil 86.04 −0.9% Palladium 1,024.00 +0.2% NVX 0.910 +0.0% MSR 0.435 +0.0% ELE 22.85 −4.0% ALS 53.01 −2.2% APM 5.13 −6.6% AVL 5.46 −5.4% NG 8.84 −9.0% ATY 0.220 −2.2% CN 0.125 −10.7% PMET 3.22 −4.2% ITH 1.99 −11.6% VMET 12.33 −6.9% ABX 56.41 −5.6% PUR 0.370 +8.8% SCY 0.085 +6.2% AUMN 0.300 +7.1%
Drill Results

Copper Giant Announces the 2026 Exploration Plan, Targeting 23,000 metres of Drilling, the Largest Drilling Program in the History of The Mocoa Project

Copper Giant seeks to convert billion-tonne scale into economic reality with record-breaking 2026 drilling program

By The Northwire Desk — AI Analysis Feb 17, 2026 · 07:30 CGNT · 0.78 Copper Giant Resources Corp.
Executive Summary

The most recent news (February 17, 2026) announces a fully funded 2026 Exploration Program for the Mocoa Project in Colombia. This is the largest drilling program in the project's history, targeting 23,000 metres—an 80% increase over the 2025 program. The primary objectives are to expand the existing 1.12 billion-tonne Mineral Resource Estimate (MRE), test regional targets (La Estrella and Piedralisa), and critically, convert 30-50% of the currently "Inferred" resources to the "Indicated" category. This conversion is a prerequisite for a Preliminary Economic Assessment (PEA) planned for later this year. The program includes de-risking through metallurgical and geotechnical studies.

Material Impact

The news is Material - Positive. While an exploration plan is routine, the scale and specific focus on resource conversion (Inferred to Indicated) mark a fundamental shift in the company's lifecycle from "speculative discovery" to "development-track asset." - Economic Transition: Moving 30-50% of 1.12 billion tonnes into the Indicated category would provide the technical foundation for the first-ever economic study (PEA) on the project. - De-risking: The inclusion of "directional drilling" suggests a move toward higher precision and cost-efficiency in reaching deep high-grade targets. - Funding Validation: Being "fully funded" after the January 2026 CAD $12 million financing ensures no immediate dilution is required to execute this massive program. - Growth Potential: Testing regional targets like La Estrella suggests the company believes Mocoa is part of a larger district rather than an isolated deposit.

CGNT · Price
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 deposit. - Resource: 1.12 Billion tonnes @ 0.51% CuEq (Inferred). - History: Discovered in 1973; recent work has expanded the high-grade "breccia" and "porphyry" cores. - Geography: Located in a region of Colombia currently seeing increased interest in critical minerals, evidenced by US Embassy meetings in late 2025.

Read the original news release →

More from Copper Giant Resources Corp.

Oct 27, 2026 · 07:30

Copper Giant’s best-ever Mocoa hole lifted grades, though the result remains below resource scale definitions.

Drill Results Oct 26, 2026 · 07:30

Copper Giant’s Tier-C win adds greenfield Chaparral, while Mocoa PEA remains the real catalyst.

Resource Estimate Oct 14, 2026 · 07:30

Copper Giant’s Mocoa scale expands to 1.6 Bt while like-for-like grade slips ahead of the Q4 PEA.

Resource Estimate Sep 22, 2026 · 07:30

Copper Giant infill drilling at La Estrella exceeded the model, though a barren hole blunted the headline results.

Drill Results Sep 16, 2026 · 07:30

Copper Giant identifies thirteen new exploration targets beyond the Mocoa deposit’s billion-tonne copper-molybdenum resource through geophysical mapping.

Drill Results Aug 27, 2026 · 07:30

Copper Giant’s long infill hit confirms the Mocoa model, with a positive depth step-out that is already priced in.

Drill Results