Plans For Advancing Majuba Hill Porphyry Copper Deposit

VANCOUVER - Giant Mining Corp. reported that preparations are underway to initiate work that will advance the copper mineralization at Majuba Hill Porphyry Copper Deposit located in Pershing County, Nevada. The Project contains historic underground mines that produced 2.8 million pounds of copper. In the NI43-101 Report it is described that the copper mineralization and developed a 3D block model that measured 50 million tonnes to 100 million tonnes of copper mineralization ranging from 0.15% Cu to 0.30% Cu, with potential for a higher-grade zone of 10 million tonnes to 20 million tonnes grading between 0.40 % Cu and 0.80% Cu. This outlines an initial and significantly expandable potential of 660 million pounds of copper.

An exploration corridor is emerging as the primary focus zone based on recent and historic drilling, geochemistry, and geophysics. Core drilling intersected a thick oxide zone that outcrops at the surface and extends up to 550 meters (1804 feet) deep. Copper enrichment is shown by deeper zones of native copper intersecting beneath the overlying copper oxides. The Company is gearing up for an important exploration year in 2024, with plans to significantly expand drilling efforts aimed at exploring the depth and breadth of copper mineralization, which could define the Nevada Project's potential and future development.