Northwire Canada EditionSunday, August 30, 2026
Northwire
GOLD 4529.90 −2.9% SILVER 67.79 −3.5% COPPER 6.66 −0.5% OIL 83.40 −0.2% PALLADIUM 1428.60 +5.4% SAE 0.520 +4.0% ZEN 0.770 +0.0% WGLD 0.130 +13.0% AEM 286.76 −3.9% SAG 1.32 −4.3% GSVR 0.475 −5.0% CRI 0.050 −9.1% TMQ 5.04 −4.2% BTO 7.85 −3.0% HBM 40.78 −3.0% EFR 20.38 −6.5% SF 0.365 −4.0% SPX 0.115 +0.0% CQR 0.060 +20.0% IVS 0.310 +5.1% CNC 1.44 −2.7% GOLD 4529.90 −2.9% SILVER 67.79 −3.5% COPPER 6.66 −0.5% OIL 83.40 −0.2% PALLADIUM 1428.60 +5.4% SAE 0.520 +4.0% ZEN 0.770 +0.0% WGLD 0.130 +13.0% AEM 286.76 −3.9% SAG 1.32 −4.3% GSVR 0.475 −5.0% CRI 0.050 −9.1% TMQ 5.04 −4.2% BTO 7.85 −3.0% HBM 40.78 −3.0% EFR 20.38 −6.5% SF 0.365 −4.0% SPX 0.115 +0.0% CQR 0.060 +20.0% IVS 0.310 +5.1% CNC 1.44 −2.7%
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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