Giant Mining Receives RESPEC Report Validating Technical Breakthrough and Drill Program Advancement for Majuba Hill Copper Project, Nevada

Executive Summary

• Independent RESPEC technical report validates a refined geological model for the Majuba Hill Copper‑Silver‑Gold project and outlines an up‑to‑10,000 ft drill program.
• The company confirms it has secured full funding for this next drilling phase, positioning it to pursue discovery‑driven exploration of high‑grade breccia zones.
• Concurrently, Giant Mining Corp. issued 9,650,000 restricted stock units (RSUs) to officers, directors and consultants under its RSU Plan.

Key Details

• RESPEC Report: Independent recommendations prepared by RESPEC Company, LLC review the updated geological framework and provide a disciplined exploration roadmap for Majuba Hill.
• Key Technical Findings:
• Identification of tourmaline breccia pipe‑hosted copper system as a primary control on mineralization.
• High‑grade Cu‑Ag zones likely confined to discrete breccia bodies, requiring precise targeting.
• Recommendation to re‑evaluate historic drilling, surface data and geophysics in light of the new model before systematic drilling.
• Planned Drilling: Up to 10,000 ft of drill holes slated for execution, building on the company’s previously announced program (Jan 30 2026).
• Funding Status: The next phase of drilling is fully financed, with no additional capital raises required at this stage.
• Project Scale & Infrastructure:
• Property size: 9,684 acres in Pershing County, Nevada.
• Existing infrastructure includes road access (113 km from Winnemucca, 251 km from Reno), power and water, reducing development costs.
• Historical Work: Approximately 89,395 ft of drilling completed to date, with a rough replacement value of US$12.1 M at current cost rates.
• Exploration Potential: Conceptual scenarios suggest the project could support either bulk‑tonnage open‑pit or smaller underground mining, contingent on discovery of additional high‑grade breccia bodies.
• RSU Issuance: 9,650,000 RSUs granted to officers, directors and consultants; each unit is valid for one year under the company’s Restricted Share Unit Plan.
• Qualified Person Review: Technical information reviewed and approved by E.L. “Buster” Hunsaker III, CPG 8137 (NI 43‑101 Qualified Person).

Notable Quotes

“The independent RESPEC report represents a transformational technical milestone for Giant Mining… With a refined geological model, secured funding, and a clearly defined drill strategy, we are now positioned to aggressively pursue discovery‑driven exploration…” – David Greenway, President & CEO

Materiality Assessment: Material – Positive (the technical validation and fully funded drilling program constitute a material development for the exploration-stage asset).