Giant Mining Advances Majuba Hill Project with Completed RESPEC Report and Drill Program
VANCOUVER, BC – February 23, 2026 – Giant Mining Corp. (CSE: BFG | OTC: BFGFF | FWB: YW5 | CSE: BFG.WT.A | CSE: BFG.WT.B) announced the completion of an independent technical recommendations report by RESPEC Company, LLC for its Majuba Hill Copper-Silver-Gold Project in Pershing County, Nevada. The report outlines a roadmap for exploration, focusing on the project’s potential as a domestic source of copper and silver.
RESPEC Report Highlights Key Findings
The RESPEC report emphasizes the importance of recognizing tourmaline breccia pipes as a key control for copper mineralization. This advancement is expected to improve the company’s ability to target higher-grade mineralization and assess future development possibilities. The report also recommends re-evaluating historical drilling data, surface data, and geophysics in light of the recent deposit model before initiating systematic drilling.
Drill Program to Follow Recommendations
The recommendations from RESPEC will guide Giant Mining’s planned drill program of up to 10,000 feet, as previously announced on January 30th, 2026. The program aims to discover additional high-grade breccia bodies and define their spatial distribution, which is crucial for evaluating potential development scenarios.
Strategic Importance of Majuba Hill
David Greenway, President & CEO of Giant Mining, stated, “The independent RESPEC report represents a transformational technical milestone for Giant Mining and significantly advances our understanding of the opportunity at Majuba Hill.” He further emphasized the project’s potential as a significant copper-silver-gold asset in Nevada, a top-ranked mining jurisdiction in the United States.
The company highlights the growing demand for copper, a critical mineral for electrification, infrastructure, and defense applications, and believes Majuba Hill is strategically positioned to contribute to domestic supply.
Project Details
The Majuba Hill project encompasses 9,684 acres and benefits from existing infrastructure, including road access, power, and water, located 70 miles southwest of Winnemucca and 156 miles northeast of Reno, Nevada. Approximately 89,395 feet of drilling has been completed to date, representing a rough replacement value of $12.1 million based on current drilling costs.
Restricted Stock Unit Issuance
Giant Mining also announced the granting of 9,650,000 restricted stock units (RSUs) to officers, directors, and consultants of the company, valid for one year under the company’s RSU Plan.
About Giant Mining Corp.
Giant Mining Corp. Is focused on acquiring and advancing late-stage copper and copper/silver/gold projects to meet the increasing global demand for critical metals. The company’s flagship asset, Majuba Hill, is located in a mining-friendly regulatory environment with strong local infrastructure.
For further information, please contact: info@giantminingcorp.com or call 1 (236) 788-0643. Visit the company website at www.giantminingcorp.com.
Disclaimer: This news release contains forward-looking information and is subject to risks and uncertainties.