Copper Giant Drill Results Exceed Resource Model Ahead of PEA — Copper Giant Resources Corp.

Event summary

Copper Giant intersected 584 metres of 0.73% CuEq in hole MD-066, exceeding the Mocoa resource model average of 0.51% CuEq.
Hole MD-065 extended mineralization beyond current resource footprint, returning 176 metres of 0.30% CuEq outside existing boundaries.
Drilling continues at La Estrella target with 1,500 metres completed to date and assays pending.
Company remains on track to deliver Preliminary Economic Assessment (PEA) in Q4 2026.

The big picture

Copper Giant's positive drill results at its Mocoa project come as the copper market faces supply constraints amid growing demand for the metal in renewable energy and electrification. The company's ability to exceed existing resource models positions it favorably among junior miners advancing large-scale copper projects. Successful delivery of the PEA could significantly enhance the project's attractiveness to potential investors or partners.

What we're watching

Resource Expansion Potential: Whether additional drilling at La Estrella will further extend the Mocoa system beyond current boundaries.
PEA Timing and Outcomes: The pace at which the Preliminary Economic Assessment will be completed and its potential impact on project valuation.
Grade Consistency: How consistent high-grade intersections in MD-066 will affect confidence in the resource model ahead of development decisions.