Copper Giant Boosts Mocoa Resource by 50%, Upgrades to Indicated…

Event summary

Copper Giant expands Mocoa's inferred resource to 1.6B tonnes, upgrades 290M tonnes to indicated.
Total contained copper increased by ~50% since November 2025 to 9.36B lbs inferred and 2.13B lbs indicated.
First mineral resource reported below pit shell: 120M tonnes inferred at 0.48% CuEq.
Preliminary Economic Assessment (PEA) expected in Q4 2026.
Drilling ahead of schedule with 8,546m incorporated, 10,000m additional not yet included.

The big picture

Copper Giant's significant resource upgrade at Mocoa comes as the global copper market faces supply constraints amid the energy transition. The project's scale and the company's strategic focus on advancing high-quality copper assets position it as a potential long-term supplier. The upcoming PEA will be critical in assessing the project's economic viability and development timeline.

What we're watching

Resource Conversion: Whether the inferred resource can be upgraded to indicated with continued drilling.
Economic Viability: How the PEA will position Mocoa for development given the expanded resource base.
Execution Pace: The speed at which Copper Giant can integrate new drilling data into future resource estimates.