Drill Results
Copper Giant Intersects 257 Metres of 0.63% CuEq* (0.47% Cu and 0.03% Mo) in Infill Drilling and Identifies Higher Grades at Depth Along the Southern Margin of Mocoa

LBC · Price
Executive Summary
- Copper Giant reported significant copper‑molybdenum intercepts from mother holes MD‑056 and MD‑057 at the Mocoa project, including 257 m @ 0.63% CuEq and a higher‑grade interval of 191 m @ 0.72% CuEq.
- The results extend mineralization into areas previously modeled as waste, supporting expansion of the Mineral Resource Estimate (MRE) footprint along the southern margin and improving confidence for future directional drilling.
- These intercepts reinforce the predictability of the current resource model and underpin the company’s strategy to upgrade inferred resources toward a PEA‑level evaluation.
Key Details
- Hole MD‑056 – 386 m @ 0.39% CuEq (0.20% Cu, 0.04% Mo) starting at 307 m; last 77 m of hole: 0.49% CuEq (0.33% Cu, 0.03% Mo).
- Hole MD‑057 – 257 m @ 0.63% CuEq (0.47% Cu, 0.03% Mo) starting at 275 m; includes a 191 m interval @ 0.72% CuEq (0.54% Cu, 0.034% Mo) from 341 m and a broader 476 m interval @ 0.43% CuEq* (0.28% Cu, 0.029% Mo) starting at 56 m.
- Both holes are the first “mother holes” drilled at Mocoa, establishing platforms for future directional daughter‑hole programs that will increase drill efficiency and reduce surface disturbance.
- Intersections occur within zones previously classified as waste in the MRE block model, indicating under‑drilled potential along the southern edge toward the La Estrella target.
- The drilling program continues with two rigs operating at full capacity on site.
Notable Quotes
“Hole MD-056 provides important geological information along the southern margin of the Mocoa deposit… Hole MD-057 confirms the predictability of our current resource model, which is a key step as we increase drill density… advancing Mocoa toward PEA‑level evaluation.” – Edwin Naranjo Sierra, Vice‑President of Exploration
All technical data are NI 43‑101 compliant; CuEq calculated using $4.00/lb Cu and $20.00/lb Mo with recoveries of 90% Cu and 95% Mo.*
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Jun 22, 2026 · 07:30