Vancouver, British Columbia – June 25, 2025 – Copper Giant Resources Corp. (“Copper Giant” or the “Company”) (TSXV: CGNT, OTCQB: LBCMF, FRA: 29H0) is pleased to announce partial drill result of the first 489-metres of hole MD-047, as part of the Company’s 14,000-metre resource expansion program at its flagship Mocoa porphyry copper-molybdenum project in Putumayo, Colombia. Drilling remains active with two rigs operating on newly constructed pads. Due to the exceptional copper grades intercepted and an operational delay requiring a wedge installation at 810 metres, the Company has chosen to release the upper portion of the hole in advance of final results. The mineralization highlights a potential new high-grade phase of the system.
- Hole MD-047 intercepted visible copper and molybdenum mineralization from surface to the end of the hole (EOH). First 489m assayed 0.45% CuEq* (0.35% Cu and 0.02% Mo), including 303-metres grading 0.67% CuEq* (0.54% Cu and 0.03% Mo). These represent the highest copper grades intersected to date within a porphyry unit at Mocoa. Final assay results will be reported in the upcoming days (Table 1 and Figure 2). •
- MD-047 confirms the orientation of C and B-type veinlets host the bulk of copper and molybdenum mineralization at Mocoa, and the high-grade interval suggests a newly recognized high-grade phase within a porphyry, previously seen only in mineralized breccias. Detailed logging shows a multi-stage mineralization event with multiple generation of veining within a sericite-altered intermineral porphyry (I1). Most of the C-veinlets trend 188/58 (Dip Direction/Dip) and the B-type trend 232/60 (Dip Direction/Dip). This new structural information is now being integrated into the 3D geological model of Mocoa to better understand the high-grade copper and molybdenum distribution within the porphyry deposit.
- Copper Giant clarifies that Resolution 0631 issued by Corpoamazonia does not apply to its permitted mining titles or current exploration activities. Further details are provided below.
Read the full press release here
COPPER GIANT ANNOUNCES PARTIAL DRILL RESULT OF HOLE MD 047
Additional Information
Ian Harris
Chief Executive Officer harris@coppergiant.co
+1 604 294 9039
Tetiana Konstantynivska
Vice President Investor Relations tk@coppergiant.co
+1 778 829 8455
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This news release includes forward-looking statements that are subject to risks and uncertainties. All statements within, other than statements of historical fact, including statements regarding the drilling results of MD-047, the outcome of the Company’s current resource expansion strategy; other activities and achievements of the Company, including but not limited to: the timing and success for the advancement of the Mocoa Project, the expansion of the Mocoa resource base; are to be considered forward looking. Although Copper Giant believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices and volatility with the Company’s common shares, exploitation and exploration successes, uncertainty of reserve and resource estimates, risks of not achieving production, continued availability of capital and financing, processes, permits and filing requirements, risks related to operations in foreign and developing countries and compliance with foreign laws and including risks related to changes in foreign laws and changing policies related to mining and local ownership requirements in Colombia, and general economic, market, political or business conditions and regulatory and administrative approvals. There can be no assurances that such statements will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. We do not assume any obligation to update any forward-looking statements