Giant Mining Corp. is progressing its 2025 diamond core drilling program at the Majuba Hill Porphyry Copper-Silver-Gold Deposit in Nevada, with drilling operations now surpassing 800 feet in the first hole of the four-hole campaign. The current drilling effort, focused on hole MHB-32, aims to expand known copper mineralization zones and contribute to a new mineral resource estimate.
The drilling program builds upon previous high-grade copper mineralization discoveries in 2024, specifically targeting magmatic-hydrothermal breccia bodies identified in earlier core holes MHB-30 and MHB-31. Geologists are systematically logging and sampling cores, which will be analyzed by ALS Labs for comprehensive mineral content assessment.
The project's strategic importance is underscored by current metal market conditions, with copper exceeding $5.25 per pound, gold surpassing $3,100 per ounce, and silver above $35 per ounce. These prices significantly enhance the potential economic value of the Majuba Hill project.
Located in Nevada, a top-ranked mining jurisdiction, the Majuba Hill project spans 9,684 acres and has already seen 83,930 feet of drilling. The site demonstrates substantial expansion potential, with mineralization currently open in multiple directions. The ongoing exploration could be critical in developing a significant copper-silver-gold resource to support growing global demand for critical metals.
