Giant Mining's Majuba Hill: MHB-31 Core Hole Shipped for Analysis

Giant Mining Corp. (CSE: BFG | OTC: BFGFF | FWB: YW5) has recently announced the shipment of core samples from Hole MHB-31 at the Majuba Hill Porphyry Copper Deposit (Majuba Hill) in Pershing County, Nevada, to ALS Global Services for analysis. This significant development is expected to provide valuable insights into the deposit's potential and contribute to the company's ongoing exploration efforts.

The MHB-31 hole was drilled to a total depth of 1,086 feet (331 meters) with a 310⁰ azimuth and -50⁰ inclination. Preliminary observations have revealed the presence of magmatic-hydrothermal breccias similar to those identified in MHB-30, which yielded impressive results 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. Additionally, magmatic breccias and fracture zones with strong oxide copper occur throughout the MHB-31 core, indicating the potential for high-grade mineralization.

The shipment of MHB-31 core samples for analysis marks a crucial step in Giant Mining's exploration campaign at Majuba Hill. The results from this hole, along with those from other drill holes in the 2024 core and reverse circulation drilling program, will help refine the near-surface, open-pit Exploration Target estimated to contain 50 to 100 million tonnes with grades ranging from 0.15% Cu to 0.30% Cu. These results will also contribute to the maiden NI 43-101 mineral resource estimate (MRE) for the project.

The MHB-31 drill results are expected to significantly impact the timeline for Giant Mining's maiden NI 43-101 mineral resource estimate. Positive results could accelerate the development of the project and potentially attract further investment in the company. Moreover, high-grade copper and silver mineralization could enhance investor sentiment, given the growing global demand for these metals, particularly in the renewable energy sector.

In conclusion, the shipment of MHB-31 core samples for analysis is a significant milestone for Giant Mining's Majuba Hill project. The potential for high-grade copper and silver mineralization, combined with the growing demand for these metals, could have a positive impact on the project's development and the company's future prospects. As the analysis of the MHB-31 core samples progresses, investors and stakeholders eagerly await the results that could shape the future of the Majuba Hill Porphyry Copper Deposit.