Giant Mining Corp. announce it has completed initial drill targeting in conjunction with Exploration Technologies Inc. (“ExploreTech”) for the upcoming Phase One Drill Program. In partnership with the Giant Mining technical team, ExploreTech used its Engine AI and cloud computing platform to generate optimized drill plans and targets which focus on breccia pipes and large low-resistivity anomalies. See About section for additional details on the ExploreTech methodology.
“After numerous, detailed discussions with the Majuba team, we initiated a compute process that took approximately one full week of 24/7 cloud computation. Serious computing power went into processing the wealth of data at Majuba, and we are very satisfied with the results. We look forward to continuing our collaboration over the next months, with such a talented team at Giant Mining, and on the highly promising Majuba Mountain area.”
said Tyler Hall, President of Exploration Technologies.
“We are thrilled with the results of ExploreTech’s initial modeling. Preparations are beginning now for the 2025 exploration and development drilling season at Majuba Hill. With over 100 Drill holes to date and over 80,000 feet of drilling at the Majuba Hill Copper-Silver-Gold deposit we truly believe 2025 will be the year we take the project to the next level.”
said David Greenway, President and CEO of Giant Mining Corp.
ExploreTech will be attending Giant Mining Corp’s Booth #3007 at PDAC on Monday, March 3rd, 2025, from 11:30 AM to 1:00 PM EST.
The results provide insight into the large copper target generated by the last 4 years of exploration by the Company. The 2025 Phase 1 drill program will consist of 4 drill holes for a total of 4,400 feet of drilling of 1,100 feet (335 meters) per hole. The Company has allowed for drilling to continue up to 1,600 feet (487 meters) per hole at the technical team’s discretion. The drilling will follow up hole MHB-30 (“MHB-30”) drilled in 2024 which encountered high-grade copper-silver mineralization. ExploreTech took into consideration the proposed 2025 drilling campaigns along with previous exploration data. This data consists of over 80 previous drill holes and over 83,000 feet of drilling, along with the results of previous extensive surface sampling, geological mapping, geophysics, underground sampling, rigorous studies, and analysis.
About Exploration Technologies Inc. (ExploreTech)
ExploreTech’s AI approach is specifically designed to combine surface geology and drilling results with computationally intensive remodeling of existing geophysical datasets to optimize targeting of covered targets. The process quickly generates thousands of solutions that cluster on the best fits between the geological and geophysical data and then generates drillhole trajectories designed to cut those clusters most effectively.
ExploreTech first combines the geological concept with AI geophysical simulation to identify and locate where the source of a geophysical anomaly actually lies. This is done by testing thousands of possible explanations (models) for anomalies measured at the surface and selecting only those that closely match real-world geophysics.
The selected models of the combined geology and geophysics cluster around the most likely location of the anomaly. The program then evaluates the clusters in three dimensions to determine the optimal drilling trajectory to pierce as many of the target anomalies as possible. The entire process can be rerun as drill results for specific targets, or additional geophysical surveying, adds new information allowing improved vectoring to the best mineralized parts of a given ore system. This use of AI to reveal and reinforce target anomalies in existing geophysical datasets is a significant new exploration tool and has already been applied in several cases, some are viewable at ExploreTech’s website www.exploretech.ai.
About PDAC
The World’s Premier Mineral Exploration & Mining Convention is the leading convention for people, governments, companies, and organizations connected to mineral exploration. In addition to meeting more than 1,100 exhibitors, 2,500 investors and 26,000 attendees in person in 2024, participants could also attend programming, courses and networking events. The annual convention is held in Toronto, Canada. It has grown in size, stature and influence since it began in 1932 and today is the event of choice for the world’s mineral industry. For more information and/or to register for the conference please visit: https://www.pdac.ca/convention.
Some of Majuba Hill’s critically important characteristics are as follows:
Location: Nevada – The #1 mining jurisdiction on the planet according to the Fraser Institute
Project Size: 9,684 Acres
Infrastructure: The Majuba Hill property is 113 road km (70 miles) southwest of Winnemucca, Nevada, and 251 km (156 miles) northeast of Reno. Access is by well-maintained county roads from the Imlay, Nevada exit on U.S. Interstate 80, and traveling westward 23 miles. People, Roads, Power and Water are the basic elements when considering infrastructure and Majuba Hill already has a solid infrastructure foundation for building a large facility which will provide significant savings compared to more remote projects.
History: Historical Producer
Drilling: 83,930 feet of drilling to date. Rough replacement value of drilling USD $10.9 Million in development costs.
Mineralization: The project shows indications of a potentially large Cu – Ag +/- Au mineralized body with many features in common with both large porphyry copper, silver, and gold projects.
Expandability: The IP survey, deep drilling, and step-out drilling indicate significant expansion potential, with mineralization open in all directions.
Fully Financed: Secured funding for 2025 Drilling Campaign
Qualified Person
The scientific and technical information contained in this news release has been reviewed and approved by E.L. “Buster” Hunsaker III, CPG 8137, a non-independent consulting geologist who is a “Qualified Person” as such term is defined under National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43- 101”).
About Giant Mining Corp.
Giant Mining Corp. is focused on identifying, acquiring, and advancing late-stage copper and copper/silver/gold projects to meet the growing global demand for critical metals. This demand is driven by initiatives like the Green New Deal in the United States and similar climate-focused programs worldwide, which require substantial amounts of copper, silver, and gold for electric vehicles, renewable energy infrastructure, and the modernization of clean and affordable energy systems.
The Company’s flagship asset is the Majuba Hill Copper, Silver, and Gold District, located 156 miles (251 km) from Reno, Nevada. Majuba Hill is situated in a mining-friendly jurisdiction with supportive regulations and has the potential to become one of the next major copper deposits, critical for meeting the increasing need for this red metal.
Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.
On Behalf of the Board of Giant Mining Corp.
“David Greenway”
David C. Greenway
President & CEO
Forward-Looking Statements
This news release contains certain forward‐looking information. Such information involves known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from those implied by statements herein, and therefore these statements should not be read as guarantees of future performance or results. All forward‐looking statements are based on the Company’s current beliefs as well as assumptions made by and information currently available to it as well as other factors. Readers are cautioned not to place undue reliance on these forward‐looking statements, which speak only as of the date of this press release. Due to risks and uncertainties, including the risks and uncertainties identified by the Company in its public securities filings, actual events may differ materially from current expectations. The Company disclaims any intention or obligation to update or revise any forward‐looking statements, whether as a result of new information, future events or otherwise.
