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Mocoa Project

A giant in
the making.

Asset Profile · Putumayo, Colombia

Deposit & Scale

Geological Context

Located in the Putumayo Department of southern Colombia, the Mocoa project is one of the largest undeveloped copper-molybdenum porphyry deposits in the Americas. Mineralization is associated with dacite porphyry stocks intruding a thick sequence of volcanic rocks, creating a highly stable and consistent orebody.

Resource Estimate

1.1 Billion Tonnes

At 0.51% Copper Equivalent (CuEq). This includes a high-grade core that is the focus of current expansion drilling.

Infrastructure

Strategic Access

Located in a favorable region with nearby access to highways, water, and future power transmission lines.

Upside

District Potential

The 1,283 km² land package covers an entire mineralized belt, with multiple untested porphyry targets already identified.

PEA Study

Preliminary Economic Assessment

H2 2026 targeted completion. Ongoing environmental baselines and engineering work are fully funded through the end of 2026.

Mineral Resource

Resource Estimate

Inferred Mineral Resource

In-pit constrained, effective November 18, 2025

Category Tonnes CuEq % Cu % Mo % Cu (lbs) Mo (lbs)
Inferred Resource 1.12 Billion 0.51% 0.31% 0.039% 7.6 Billion 1.0 Billion

54

Total Drill Holes

+37,000m

Total Metres Drilled

1,235m

Deepest Hole

Open

Mineralization (All Directions)

Mineral Resource Notes

1. The MRE was completed by Kevin Hon, B.Sc., P.Geo., Senior Resource Geologist, and Warren Black, M.Sc., P.Geo., Senior Consultant: Mineral Resources and Geostatistics, both of APEX Geoscience Ltd. Mr. Hon and Mr. Black are independent Qualified Persons, as defined by NI 43-101, and are responsible for the completion of the Mineral Resource Estimate, with an effective date of November 18, 2025. Michael Dufresne, M.Sc., P.Geo., President & CEO of APEX, completed a peer review of the estimate.

2. Mineral Resources that are not Mineral Reserves do not have demonstrated economic viability.

3. The estimate of Mineral Resources may be materially affected by environmental, permitting, legal, title, taxation, socio-political, marketing, or other relevant issues.

4. The Inferred Mineral Resource in this estimate has a lower level of confidence than that applied to an Indicated Mineral Resource and must not be converted to a Mineral Reserve. It is reasonably expected that the majority of the Inferred Mineral Resource could potentially be upgraded to an Indicated Mineral Resource with continued exploration.

5. The Mineral Resources were estimated in accordance with the Canadian Institute of Mining, Metallurgy and Petroleum (CIM), CIM Standards on Mineral Resources and Reserves, Definitions (2014) and Best Practices Guidelines (2019) prepared by the CIM Standing Committee on Reserve Definitions and adopted by the CIM Council.

6. Economic assumptions used include US$4.00/lb Cu, US$20.00/lb Mo, process recoveries of 90% for Cu and 95% for Mo, a US$10/t processing cost, G&A costs of US$1.00/t, and a 3% NSR royalty.

7. CuEq* values are calculated using a Cu-to-Mo value ratio of 1:5.278, incorporating both metal prices and metallurgical recoveries.

8. The constraining pit optimization parameters include a US$2.5/t mining cost for both mineralized and waste material and 45° pit slopes. Pit-constrained Mineral Resources are reported at a cutoff of 0.25% CuEq*.

For full technical disclosure, please refer to the Company's NI 43-101 Technical Report filed on SEDAR+ at www.sedarplus.ca.

Significant Growth Potential

The Mocoa deposit remains open in all directions, with recent drilling continuing to expand the mineralized footprint. Three distinct high-grade zones have been identified within the broader porphyry system.

District-scale exploration potential extends well beyond the current resource area, with multiple untested targets identified through geophysical surveys and surface mapping.

Key Takeaways

  • Resource remains open for expansion
  • Three high-grade zones identified
  • District-scale exploration upside
  • Ongoing drilling program

District Exploration

Regional Potential

District-Scale Potential

The Mocoa project sits within a larger porphyry copper belt with significant district-scale exploration potential. Our exploration team has identified multiple high-priority targets beyond the main deposit.

Recent results continue to demonstrate that we have only scratched the surface of what this district can deliver. The main deposit remains open in all directions, and new zones of high-grade mineralization continue to be discovered.

Exploration Highlights

Active Drilling

Multiple rigs turning on site

New Targets

District-scale opportunities identified

Depth Potential

Mineralization open at depth

Exploration Targets

Mocoa Main — MRE Expansion

Drilling

Expansion drilling to grow the 1.12 Bt inferred resource, which remains open in all directions.

Mocoa Main — Resource Conversion

Drilling

Infill drilling targeting 30–50% conversion of inferred resources to indicated category.

Estrella & Piedralisa

Target

Planned maiden drilling on two high-priority district targets identified through geochemistry and geophysics.

Regional Targets

Mapping

Mapping and sampling across multiple porphyry-style targets within the broader district.

Exploration Methodology

Geological Mapping

Detailed surface mapping to identify alteration patterns and structural controls

Geophysics

IP/Resistivity and magnetic surveys to define drill targets at depth

Diamond Drilling

Core drilling to test targets and expand the known resource

Geology: Characteristics of a Giant

Deposit Profile

A World-Class Porphyry System

The Mocoa deposit is a classic porphyry copper-molybdenum system formed in a continental arc setting. The mineralization is hosted by Jurassic-age intrusive rocks that have intruded older sedimentary and volcanic sequences.

What makes Mocoa exceptional is the remarkable continuity and scale of the mineralization. The deposit extends over 2 kilometers in strike length and remains open in all directions. Drilling has demonstrated mineralization to depths exceeding 1,200 meters.

Three distinct high-grade zones have been identified within the broader mineralized envelope, each representing potential targets for higher-grade starter scenarios.

Porphyry System

Classic calc-alkaline porphyry copper-molybdenum system with multiple intrusive phases.

Alteration

Well-developed potassic, phyllic, and propylitic alteration zones typical of large porphyry deposits.

Mineral Style

Disseminated and stockwork veinlet copper-molybdenum mineralization throughout the deposit.

Starter Shells

Multiple high-grade shells identified within the broader mineralized envelope.

The Journey So Far

Our History
2018

Project Acquisition

Copper Giant acquires 100% of the Mocoa project, consolidating the land package and recognizing its world-class scale potential.

2022

Exploration Restart

Launch of the aggressive phase-1 drilling campaign. High-precision resource definition drilling begins to expand the historical footprint.

2024

High-Grade Discovery

Multiple thick intercepts of high-grade copper-molybdenum mineralization are discovered within and adjacent to the porphyry system, revealing a massive high-grade core.

2025

Resource Update

Updated National Instrument 43-101 mineral resource estimate is filed, confirming 1.1 billion tonnes at 0.51% CuEq, putting Mocoa among the premier copper assets in development globally.

2026

Fully Funded Expansion & PEA

A 23,000m exploration program is launched (+80% drilling volume vs 2025) to test district-wide satellite targets and complete the project's maiden Preliminary Economic Assessment (PEA).

Drilling Highlights

Results

Exceptional results across the system. MD-043 yielded 1,235m at 0.42% Cu & 0.05% Mo.

MD-043
840m @ 0.83% CuEq*
incl. 251m @ 1.32% CuEq*
MD-044
1,141m @ 0.40% CuEq*
incl. 382m @ 0.62% CuEq*
MD-045
1,166m @ 0.45% CuEq*
incl. 250m @ 0.72% CuEq*
MD-046
1,007m @ 0.38% CuEq*
0.28% Cu, 0.02% Mo
MD-047
1,004m @ 0.55% CuEq*
incl. 282m @ 0.76% CuEq*

* Copper equivalent (CuEq) grades are calculated using metal prices of US$3.80/lb Cu and US$20.00/lb Mo. Intercepts are reported as downhole core lengths. True widths are estimated to be between 75-90% of drill interval lengths depending on local dip.

Project Maps

Property Map

Property Map

Claims & Indigenous Communities

Claims & Indigenous Communities

Copper Soil Geochemistry

Copper Soil Geochemistry (Cu)

Molybdenum Soil Geochemistry

Molybdenum Soil Geochemistry (Mo)

Copper Potassic Alteration

Copper Potassic Alteration (Cu)

Molybdenum Potassic Alteration

Molybdenum Potassic Alteration (Mo)