Giant Mining Corp. Plans Multi-Phased Drill Program at Majuba Hill Project
VANCOUVER, BC — January 30, 2026 — Leads & Copy —
Giant Mining Corp. (CSE: BFG | OTC: BFGFF | FWB: YW5 | CSE: BFG.WT.A | CSE: BFG.WT.B.) (“Giant Mining” or the “Company”) announced plans for a multi-phased drill program at its Majuba Hill Project in Pershing County, Nevada.
The program will include up to 10,000 feet (3,048 meters) of drilling. The 9,684-acre flagship Majuba Hill Copper-Silver-Gold Project will be the site of the work.
The multi-phased drilling and exploration program will include:
- Phase 1 – Up to 5,000-foot (1,524 meters) Core Drill Program
- Underground Mapping and Sampling
- Additional Surface Sampling for Additional Follow Up Drill Targeting
- Phase 2 – Up to 5,000-foot (1,524 meters) Core Drill Program
The drilling and exploration program will be guided by over 100 previous drill holes across more than 89,000 feet of drilling. RESPEC Engineering will also provide input.
Recent reviews of the 2024-2025 exploration results identified mineralized breccia bodies. Intercepts in multiple drill holes returned high-grade copper and silver as well as long intervals of anomalous gold. The high-grade intercepts typically occur within hydrothermal-magmatic tourmaline matrix breccias and on the margins of tourmaline matrix breccia pipes.
David Greenway, President and CEO of Giant Mining, said the program represents an important next step in advancing Majuba Hill. He added the focus is on systematically testing priority copper-silver targets informed by geological mapping, surface sampling, and the project’s extensive historical dataset.
Greenway said Majuba Hill is a large, well-located system in a proven Nevada mining jurisdiction. He said the program is designed to refine the company’s understanding of the controls on mineralization and support continued, disciplined exploration. He also noted the strong infrastructure, year-round access, and a phased approach to drilling.
Giant Mining is focused on identifying, acquiring, and advancing late-stage copper and copper/silver/gold projects. The company aims to meet the growing global demand for critical metals driven by initiatives like the Green New Deal and similar climate-focused programs worldwide.
Majuba Hill benefits from a mining-friendly regulatory environment and strong local infrastructure. The geological footprint and scale of mineralization indicate that further work is justified and that the system may host significant copper potential.
Key characteristics associated with intrusive-related tourmaline breccia pipes that have been identified include:
- High-grade zones in shingle clast breccias adjacent to sharp breccia contacts and hydrothermal-magmatic breccias
- Multielement associations (Cu, Ag, Au, Mo, As, and Bi)
- Downward flaring geometry (inverted cone)
- Long vertical extent (3000 feet/1000 m)
- Disseminated copper mineralization related to potassic altered intrusions
Three breccia zones (Southern, Ball Park, and Northern Breccia Zones) will be targeted for drilling in the 2026 Phase 1 program. The breccia zones are outlined based on recent and historic drilling, 3D grade and geologic modeling, and surface geochemistry. The zones are located at the intersection of northwest and northeast structural corridors.
In the Southern Breccia Zone detailed underground mapping and sampling is in progress to identify breccia margins in the accessible underground workings. Surface mapping is also in progress on the Ball Park Breccia and will soon commence in the Northern Breccia Zone to delineate the breccia margins.
Additional surface sampling and reconnaissance geologic mapping is planned for the DeSoto, Copper-Gold, Section 4 Targets. These targets have been outlined by the ongoing exploration of the Company from property-wide soil geochemistry and geophysics. The recent breccia and project reviews have highlighted these areas for additional follow-up that may warrant drilling during Phase 2.
Hydrothermal-magmatic breccias and breccia pipes at Majuba Hill formed by the explosive release of gas-rich fluids from cooling magma bodies. The breccias are composed of breccia clasts that are cemented together by a matrix material. The matrix is typically composed of quartz, tourmaline, sulfides, and oxidized sulfides.
Giant has assembled a comprehensive exploration database from all drilling, geologic mapping, soil and rock geochemistry, and geophysics. The recent Breccia Study reviewed the 3D geology and mineralization modeling from the database, identifying numerous breccia bodies and mineralized breccias that are priority targets for the 2026 program. Phase 1 drilling in 2026 will comprise six to eight holes totaling up to 5,000 feet of core targeting breccia margins across three main tourmaline breccia zones, with the goal of cutting both sides of the pipes into high-grade copper (+/-silver and gold).
Two fences are planned for the Southern Breccia Zone. Drill fences will be located to explore for the continuation of the high-grade intercepts in core holes MHB-30 and MHB-32 and to extend the mineralization further up along the margins of the pipe to the peak of Majuba Mountain. MHB-30 and MHB-32 returned high grade copper and silver as well as highly anomalous gold. The high-grade intercepts correlate with the margins of the breccia pipes.
One fence of holes is planned for the Ball Park Breccia Zone. Surface mapping of limonite matrix breccias and recent soil geochemical sampling indicates the conical shaped hill could be the uppermost portion of a tourmaline breccia pipe. Historic drill hole MF-02 intersected 120 ft (36.6 m) @ 0.51% Cu and 21.7 g/t Ag from 260 ft to 380 ft (79.2-115.8 m).
A geological description is not available for hole MF-02. However, MM-17, an adjacent core hole drilled 94 ft (28.65 m) of tourmaline breccia from 302.8 to 396.8 ft (92.3-120.9 m)
One fence of holes is planned to test the Northern Breccia Zone. These are step out holes to test prominent outcropping tourmaline breccia and anomalous Cu, Mo, and silver in historic soil geochemical anomaly.
Majuba Hill’s characteristics are as follows:
- Location: Nevada, USA
- Project Size: 9,684 Acres
- Infrastructure: Located 113 road kilometers (70 miles) southwest of Winnemucca, Nevada, and 251 kilometers (156 miles) northeast of Reno.
- History: Historical Producer
- Drilling: Approximately 89,395 feet of drilling to date. Rough replacement value of drilling USD $12.1 Million using current costs.
- Mineralization: The project shows indications of a potentially large Cu – Ag +/- Au mineralized body with many features in common with both large porphyry copper, silver, and gold projects.
- Expandability: The IP survey, deep drilling, and step-out drilling indicate significant expansion potential, with mineralization open in all directions.
- Fully Financed: The Company has secured funding for its next phase of drilling at Majuba Hill.
E.L. “Buster” Hunsaker III, CPG 8137, a non-independent consulting geologist, has reviewed and approved the scientific and technical information contained in the release.
Giant Mining has entered into an extension of its agreement with Gold Standard Media, LLC (“GSM”), pursuant to which GSM and its affiliates will continue to provide advertising and investor awareness services to the Company. The extension term is for an additional two (2) months, through August 7, 2026, in consideration of total payments of up to US$450,000.
GSM’s business address is 723 W. University Avenue, Georgetown, Texas 78626.
Source: Giant Mining Corp.
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