Intersections Of High Grade Copper At Majuba Hill
VANCOUVER - Giant Mining Corp. reported on core hole MHB-32, the first of five holes completed during Phase 1 of the Spring 2025 diamond drilling program at the Majuba Hill Porphyry Copper-Silver-Gold Project, located in Pershing County, Nevada. MHB-32 intersected two significant copper mineralized zones within a broader interval of 379.5 feet (115.7 m) grading 0.33% Cu and 16.97 ppm Ag, from 510 to 889.5 feet (155.5 to 271.1 m). These results extend the known mineralization deeper and further north than previous drilling.
The key intervals are: 1) 85 feet (25.9 m) at 0.64% Cu and 50.89 ppm Ag from 510 to 595 feet (155.5 to 181.4 m). 2) 169.5 feet (51.7 m) at 0.41% Cu and 9.51 ppm Ag from 720 to 889.5 feet (219.5 to 271.1 m), including 40 feet (12.2 m) at 1.36% Cu and 13.33 ppm Ag from 780 to 820 feet (237.7 to 249.9 m), containing a higher-grade section of: 10 feet (3.0 m) at 4.36% Cu and 35.65 ppm Ag from 805 to 815 feet (245.4 to 248.4 m).
David Greenway, CEO, said, “We're very excited by the strong results from the first hole of our Phase 1 drilling program at Majuba Hill. Nevada continues to prove itself as a world-class mining jurisdiction, ideally positioned to support the ‘America First’ policy and bolster domestic resource security. With global copper demand soaring—highlighted by BloombergNEF’s recent forecast of a $2.1 trillion requirement for raw materials by 2050—Majuba Hill offers a compelling, homegrown solution to help meet America’s significant and growing consumption of copper. We're very pleased with what we've accomplished so far and can't wait to get back on the ground for Phase 2.”