Deposit & Scale
Located in Andean Cordillera, 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.
1.60 Billion Tonnes Inferred & 290 Mt Indicated
11.49 billion LBS of total contained Copper (+50% expansion) and 1.13 billion LBS of Molybdenum. Includes a near-surface Indicated high-grade core of 290 Mt at 0.54% CuEq* (0.33% Cu, 0.038% Mo) and 1.60 Bt Inferred at 0.40% CuEq* (0.27% Cu, 0.025% Mo).
Indicated: 2.13 Blbs Cu, 240 Mlbs Mo | Inferred: 9.36 Blbs Cu, 890 Mlbs Mo
Strategic Access
Located in a favorable region with nearby access to highways, water, and future power transmission lines.
District Potential
The 1,283 km² land package covers most of the mineralized belt, with multiple untested porphyry targets already identified.
Preliminary Economic Assessment
Q4 2026 targeted completion. Ongoing environmental baselines and engineering work are fully funded through the end of 2026.
Mineral Resource
Table 1 — 2026 Mocoa Mineral Resource Estimate
| Cut-Off (% CuEq*) |
Classification | Tonnage (Bt) |
CuEq* (%) |
Cu (%) |
Mo (%) |
Contained Cu (Blbs) |
Contained Mo (Blbs) |
|---|---|---|---|---|---|---|---|
| Mineral Resources Within the Conceptual Pit Shell | |||||||
| 0.15 | Indicated | 0.29 | 0.54 | 0.33 | 0.038 | 2.13 | 0.24 |
| 0.15 | Inferred | 1.48 | 0.40 | 0.26 | 0.025 | 8.46 | 0.82 |
| Mineral Resources Below the Pit Shell | |||||||
| 0.408 | Inferred | 0.12 | 0.48 | 0.34 | 0.025 | 0.90 | 0.07 |
| Total Mineral Resources | |||||||
| 0.15 | Indicated | 0.29 | 0.54 | 0.33 | 0.038 | 2.13 | 0.24 |
| 0.15/0.408 | Inferred | 1.60 | 0.40 | 0.27 | 0.025 | 9.36 | 0.89 |
Mineral Resource Notes
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1. The MRE was completed by Warren Black, M.Sc., P.Geo., Senior Consultant: Mineral Resources and Geostatistics of APEX Geoscience Ltd., an independent Qualified Person as defined by NI 43-101, with an effective date of September 24, 2026.
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$4.75/lb Cu, US$25.00/lb Mo, process recoveries of 88% for Cu and 90% for Mo, US$9/t processing cost, G&A costs of US$1.50/t, and a 3% NSR royalty.
7. Pit optimization parameters include US$1.8/t mining cost for mineralized and waste material and 50° slopes. Pit-constrained resources are reported at a 0.15% CuEq* cut-off.
8. Underground Mineral Resources include blocks below the pit shell satisfying geometric and cut-off criteria of a conceptual block-caving scenario (US$9/t mining cost, 0.40% CuEq* cut-off, minimum mining unit 60m x 60m x 90m).
9. CuEq* values: CuEq (%) = Cu (%) + 5.383 × Mo (%), using a Cu-to-Mo value ratio of 1:5.383.
10. Tonnage, grade, and contained metal figures are rounded to reflect the precision of the estimate.
For full technical disclosure, please refer to the Company's NI 43-101 Technical Report filed on SEDAR+ at www.sedarplus.ca.
64
Total Drill Holes
+43,230m
Total Metres Drilled
1,235m
Deepest Hole
Open
Mineralization (All Directions)
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
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
DrillingExpansion drilling to grow the 1.60 Bt Inferred resource, which remains open in all directions and at depth.
Mocoa Main — Resource Conversion
DrillingInfill drilling successfully converted the first 290 Mt to Indicated category, with ongoing infill to further expand Indicated inventory.
Estrella & Piedralisa
DrillingPlanned maiden drilling on two high-priority district targets identified through geochemistry and geophysics.
Regional Targets
MappingMapping 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
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 porphyry copper-molybdenum system with multiple intrusive phases.
Alteration
30km² Demagnetized zone. 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
Project Acquisition
Copper Giant acquires 100% of the Mocoa project, consolidating the land package and recognizing its world-class scale potential.
Exploration Start
Launch of the aggressive phase-1 drilling campaign. High-precision resource definition drilling begins to expand the historical footprint.
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.
Billion-Tonne Milestone
Updated NI 43-101 mineral resource estimate confirms Mocoa as a tier-1 scale deposit, crossing 1.12 billion tonnes Inferred containing 7.6 billion lbs of copper.
MRE Expansion to 1.60 Bt & Maiden PEA
Updated NI 43-101 MRE expands Mocoa to 1.60 Billion Tonnes Inferred and upgrades 290 Million Tonnes to Indicated, delivering an ~50% increase in total contained copper to 11.49 billion lbs Cu and 1.13 billion lbs Mo. Maiden Preliminary Economic Assessment (PEA) delivery on track for Q4 2026.
Drilling Highlights
Exceptional results across the system. MD-043 yielded 1,235m at 0.42% Cu & 0.05% Mo.
Landmark Scale Comparison
See how continuous mineralization intercepts dwarf world landmarks
*Copper equivalent (CuEq) for drill hole interceptions is calculated as: CuEq (%) = Cu (%) + 5.278 × Mo (%), utilizing metal prices of Cu - US$4.00/lb and Mo - US$20.00/lb and metal recoveries of 90% Cu and 95% Mo.* For further information about MRE, refer to corporate presentation
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