Giant Mining Plans Up to 10,000-Foot Multi-Phase Drill Program at Majuba Hill Copper-Silver Project, Nevada

Executive Summary

• Giant Mining Corp. announced a multi‑phased drill program of up to 10,000 feet (3,048 m) at its flagship Majuba Hill copper‑silver‑gold project in Nevada.
• Phase 1 will target three breccia zones (Southern, Ball Park, Northern) with six‑to‑eight core holes totaling up to 5,000 ft, including high‑grade intercepts previously reported from holes MHB‑30 and MHB‑32.
• The company confirmed it is fully financed for the next phase and has extended a $450,000 marketing agreement with Gold Standard Media through August 2026.

Key Details

• Drill Program Scope: Up to 10,000 ft (3,048 m) of core drilling across two phases; Phase 1 – up to 5,000 ft, Phase 2 – up to 5,000 ft.
• Target Areas: Southern Breccia Zone, Ball Park Breccia Zone, Northern Breccia Zone; additional surface sampling at DeSoto, Copper‑Gold, Section 4 targets.
• Historical Data Basis: Program guided by >100 prior drill holes covering >89,000 ft of drilling and a 2024‑2025 exploration review (NR dated Jan 16 2024).
• Assay Highlights – Hole MHB‑30:
• Entire hole (0–243.8 m): 0.43 % Cu, 24.60 ppm Ag, 0.03 ppm Au.
• High‑grade interval (0–66.4 m): 1.35 % Cu, 73.40 ppm Ag, 0.07 ppm Au.
• Assay Highlights – Hole MHB‑32:
• Entire hole (0–271.1 m): 0.16 % Cu, 9.24 ppm Ag, 0.02 ppm Au.
• Significant interval (155.4–271.1 m): 0.33 % Cu, 16.97 ppm Ag, 0.04 ppm Au.
• Additional high‑grade sub‑intervals up to 4.36 % Cu and 35.65 ppm Ag.
• Historic Intercepts – Ball Park Zone: Hole MF‑02 intersected 120 ft @ 0.51 % Cu and 21.7 g/t Ag (260–380 ft). Adjacent hole MM‑17 returned 94 ft of tourmaline breccia (302.8–396.8 ft).
• Infrastructure & Access: Property located 113 km SW of Winnemucca, 251 km NE of Reno; accessible via county roads off I‑80. Existing power, water, and road infrastructure noted.
• Project Summary: 9,684 acre historic producer with ~89,395 ft drilled to date (≈US$12.1 M replacement cost). Indications of a large Cu‑Ag‑Au system; mineralization open in all directions.
• Financing: Company states it is “Fully Financed” for the next drilling phase; no additional capital raise disclosed in this release.
• Marketing Agreement Extension: Two‑month extension with Gold Standard Media (GSM) through Aug 7 2026; total consideration up to US$450,000; no securities issued as compensation.
• Qualified Person: E.L. “Buster” Hunsaker III, CPG 8137, reviewed and approved technical information per NI 43‑101.

Notable Quotes

“This planned multi‑phase drill and exploration program represents an important next step in advancing Majuba Hill… we believe Majuba Hill offers compelling potential as we work to unlock additional value for shareholders.” – David Greenway, President & CEO, Giant Mining Corp.