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Giant Mining Intersects Surface High Grade at Majuba with 74.0 feet of 2.6% Cu and 30.1 g/t Ag within 218.0 feet of 1.35% Cu and 73.4 g/t Ag
VANCOUVER, BC — TheNewswire -- September 24, 2024 — Giant Mining Corp. (CSE: BFG | OTC: BFGFF | FWB: YW5) (“Giant Mining” or the “Company”) announces the compan
About this update from Copper One Resources Corp.
[{"type":"text","content":"VANCOUVER, BC — TheNewswire -- September 24, 2024 — Giant Mining Corp. (CSE: BFG | OTC: BFGFF | FWB: YW5) (“Giant Mining” or the “Company”) announces the company intersected high-grade copper-silver mineralization in hole MHB-30 (“MHB-30”) from surface down to a depth of 218.0 feet (66.4 meters) consisting of 74.0 feet (22.6 meters) of 2.6% Cu and 30.1 g/t Ag within 218.0 feet of 1.35% Cu and 73.4 g/t Ag at its Majuba Hill Copper-Silver Deposit located in Pershing County, Nevada. Combining the copper and the silver results returns a copper equivalent of: 0 to 218.0 feet of 2.1% Copper Equivalent (“CuEq”) including 140.0 to 214.0 feet at 2.9% CuEq. Hole ID From (m) To (m) Interval (m) Cu (%) Ag (g/t) Au (g/t) Mo (ppm) Sn (ppm) Zn (ppm) MHB-30 0.0 66.4 66.4 1.35 73.4 0.074 107 229 387 including 42.7 65.2 22.6 2.60 30.1 0.092 206 95 414 Majuba Hill is a copper-silver-molybdenum porphyry project that previously produced high-grade copper, silver and tin, along with gold and zinc from historic underground workings. The project is accessible year-round by a major highway with extensive infrastructure already in place and over 83,925 feet of exploration and development drilling to date. Giant Mining controls 15.1 square miles (39.2 sq km) or 9,678 acres (3,917 ha) at Majuba Hill. Buster Hunsaker, Consulting Geologist to Giant Mining commented, “The recent technical reviews noted the consistent silver values associated with the copper have the potential to enhance the total value of the deposit. A 2017 study of the silver metallurgy indicated the potential for recovery using flotation. Combining the copper and the silver results in 0 to 66.4 m at 2.1% CuEq which includes 42.7 to 65.2 m at 2.9% CuEq. The 2024 core and reverse circulation drilling program was designed to in-fill and drill new targets to expand the near surface, open-pit, 50 to 100 million tonnes, Exploration Target that has grades estimated from 0.15% Cu to 0.30% Cu (NI43-101 2023 Report is available at GiantMiningCorp.com). 2024 holes are planned to improve the copper grades and provide sufficient confidence in the results and make way for Giant’s NI 43-101 maiden mineral resource estimate (“MRE”). The 2024 holes target near-surface oxide and enrichment zones concentrated along magmatic-hydrothermal breccias that define two prominent corridors. Hole ID Easting North...