Business
Copper Giant's First Directional Daughter Holes Beat Resource Model at Mocoa, Returning 0.97% CuEq (0.70% Cu and 0.051% Mo) Over 68m Within 371m of 0.53% CuEq (0.40% Cu and 0.02% Mo), While Continuing to Identify Higher Grades at the Southern Margin of Mocoa
Copper Giant Resources Corp. ("Copper Giant" or the "Company") (TSXV: CGNT) (OTCQB: LBCMF) (FRA: 29H0) is pleased to announce assay results from its first directional daughter holes at the Mocoa copper-molybdenum porphyry project in Putumayo, Colombia, completed as part of the Company's ongoing 2026 exploration program at its flagship Mocoa copper–molybdenum porphyry project in Putumayo, Colombia. Mocoa is a Jurassic-age porphyry Cu–Mo deposit where drilling to date has delineated continuous cop
About this update from Cognyte Software Ltd.
[{"type":"text","content":"VANCOUVER, BC, April 14, 2026 /CNW/ - Copper Giant Resources Corp. ("Copper Giant" or the "Company") (TSXV: CGNT) (OTCQB: LBCMF) (FRA: 29H0) is pleased to announce assay results from its first directional daughter holes at the Mocoa copper-molybdenum porphyry project in Putumayo, Colombia, completed as part of the Company's ongoing 2026 exploration program at its flagship Mocoa copper–molybdenum porphyry project in Putumayo, Colombia. Mocoa is a Jurassic-age porphyry Cu–Mo deposit where drilling to date has delineated continuous copper and molybdenum mineralization from surface to depths exceeding 1,100 vertical metres. Daughter holes MD-059 and MD-060, drilled from mother hole MD-057, and daughter hole MD-058, drilled from mother hole MD-056, returned intervals (Table 1) above the current MRE¹ average grade of 0.51% CuEq, confirming and locally exceeding the resource model. All three holes were terminated at planned design depths, in each case while still in mineralization. Results from MD-058 continue to expand mineralization along the southern margin into areas previously modelled as waste, strengthening the vector toward the La Estrella target (Figure 1), where a third drill rig is now mobilizing. Together, these results support resource conversion from Inferred to Indicated and advance the project toward PEA-level. Drilling continues at full capacity with two drill rigs currently operating on site.","length":1455,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Hole MD-060 returned 285 metres of 0.61% CuEq (0.47% Cu and 0.026% Mo) including 68 metres of 0.97% CuEq (0.70% Cu and 0.051% Mo) starting at 249m, ending in mineralization. The last 19 metres of the hole grading 0.67% CuEq*(0.52% Cu and 0.027% Mo).","length":249,"tagName":"p"}]},{"val":[{"type":"text","content":"Hole MD-059 returned 198 metres of 0.63% CuEq (0.40% Cu and 0.04% Mo) including 141 metres of 0.71% CuEq (0.47% Cu and 0.05% Mo) starting at 355m, ending in mineralization.","length":172,"tagName":"p"}]},{"val":[{"type":"text","content":"MD-058 intersected mineralization in an area previously modelled as waste, including 92 metres of 0.39% CuEq (0.34% Cu and 0.01% Mo) over a recently discovered microdiorite porphyry phase within 448 metres starting at 273m, strengthening the vector toward the La Estrella t...