Northwire Canada EditionSunday, November 1, 2026
Northwire
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Gold 3,898.90 −3.3% Silver 49.28 −5.9% Copper 6.48 −1.8% Oil 104.12 +2.1% Palladium 987.70 −1.7% HCH 1.25 −3.9% CRD 0.040 −20.0% ENEV 0.005 +0.0% MOON 5.23 −7.9% ORE 2.56 −4.8% ASE 0.620 −14.5% LKY 0.005 + SOI 0.165 −5.7% ECR 0.190 −5.0% OZ 0.240 −9.4% ELEC 0.110 +4.8% WHY 0.260 −3.7% PHD 0.030 −33.3% OMI 0.220 −10.2% EML 0.105 +0.0% TECT 1.37 −2.8% Gold 3,898.90 −3.3% Silver 49.28 −5.9% Copper 6.48 −1.8% Oil 104.12 +2.1% Palladium 987.70 −1.7% HCH 1.25 −3.9% CRD 0.040 −20.0% ENEV 0.005 +0.0% MOON 5.23 −7.9% ORE 2.56 −4.8% ASE 0.620 −14.5% LKY 0.005 + SOI 0.165 −5.7% ECR 0.190 −5.0% OZ 0.240 −9.4% ELEC 0.110 +4.8% WHY 0.260 −3.7% PHD 0.030 −33.3% OMI 0.220 −10.2% EML 0.105 +0.0% TECT 1.37 −2.8%
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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