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Giant Mining Majuba Hill Corehole MHB-30 shipped for Analysis
VANCOUVER, BC — TheNewswire -- August 26, 2024 — Giant Mining Corp. (CSE: BFG | OTC: BFGFF | FWB: YW5) (“Giant Mining” or the “Company”) is pleased to announce
About this update from Copper One Resources Corp.
[{"type":"text","content":"VANCOUVER, BC — TheNewswire -- August 26, 2024 — Giant Mining Corp. (CSE: BFG | OTC: BFGFF | FWB: YW5) (“Giant Mining” or the “Company”) is pleased to announce that all the core from Hole MHB-30 (“MHB-30”) which is the first hole of the diamond core drilling program (the “Core Program”) at the Majuba Hill Porphyry Copper Deposit (“Majuba Hill”) in Pershing County, Nevada has been delivered to ALS Global Services (“ALS Labs”) in Elko, Nevada, to begin the analytical process. Recent comprehensive reviews by the Giant Team which included renowned geologist Leo Hathaway (Member of the Advisory Board), noted important mineralization controls during the surface traverses of the Majuba Hill drill sites and while examining the underground workings. Distinct magmatic-hydrothermal breccias were observed controlling high-grade copper in the >0.5% Cu domain from the 2023 Block Model (See NI43-101 Report available at giantminingcorp.com). Figure 1 - MHB-30 Copper Mineralized Fragments in Magmatic-Hydrothermal Breccia The recent core drilling intersected the magmatic-hydrothermal breccia bodies in core hole MHB-30 and MHB-31, as can be seen in Figures 1 and 2. Drill hole MHB-31 drilled in the gap zone between whittle pits 13 and 43 as shown on Figure 3 and Figure 4. The Team also reviewed the nearly 25,000 meters of drilling at the company’s core shed and offices in Elko, Nevada that makes up the basis for the Exploration Target 50,000,000 to 100,000,000 tonnes. (See NI43-101 Report available at giantminingcorp.com). Figure 2 - MHB-31/9.5 meters (31 feet) Copper Mineralized Fragments in Magmatic-Hydrothermal Breccia Figure 3 - Cross Section from Block Model – Company Presentation available at giantminingcorp.com “We are pleased with the progress of our drilling program at Majuba Hill, particularly with assays still pending and a team that is fully engaged to take the Majuba Hill Deposit to the next level,\" said David Greenway, CEO of Giant Mining. \"We look forward to receiving the lab results from ALS Global Services, which will Further our understanding of the deposit and its potential to become a future domestic supply of copper for North America.\" Leo Hathaway, Advisor to Giant Mining, commented “It is encouraging to see these two holes intersect breccias over wider intervals than predicted, and it is exciting to await results...