Giant Mining Corp. (CSE: BFG; OTC:BFGFF; FWB:YW5) has advanced the deposit payment to Big Sky Exploration LLC for its upcoming phase one diamond core drilling program at the Majuba Hill Porphyry Copper Deposit in Pershing County, Nevada. The program, scheduled to commence in early 2025, is designed to expand upon previous drilling results and further delineate copper, silver, and gold mineralization in the project area.
The company plans to drill four core holes totaling 4,400 feet (1,340 meters), with a minimum commitment of 2,600 feet (792 meters). The agreement allows for extended drilling beyond the planned depth of 1,100 feet (335 meters) per hole, up to 1,600 feet (487 meters), if mineralization continues at depth. The program will target the Southern Breccia Corridor, focusing on high-grade copper zones and extensions of previously identified mineralized breccia.
Majuba Hill has a history of production and exploration, with 82,614 feet of drilling conducted to date. The company estimates the cumulative replacement value of prior exploration efforts at approximately US$10.4 million. Infrastructure advantages include road access, power availability, and proximity to key mining centers such as Winnemucca and Reno, positioning the project favorably for development.
"We are looking forward to an exciting 2025 and are thrilled to be working with the team at Big Sky again on this next phase of drilling at Majuba Hill, Nevada," said David Greenway, chief executive officer of Giant Mining, in the news release. "The company is fully funded for an active year of exploration and development drilling at Majuba Hill, and the entire Giant Mining team has high hopes of making 2025 Giant Mining's most exciting year yet."
The scientific and technical information in this announcement has been reviewed and approved by E.L. "Buster" Hunsaker III, CPG 8137, a non-independent consulting geologist and Qualified Person under National Instrument 43-101 standards.
Copper's Bright Future: Strong Demand and Investment Drive Growth
On February 4, John Newell & Associates highlighted that the junior mining sector, including copper exploration companies, had faced prolonged challenges with low investor sentiment and financing difficulties. However, technical indicators suggested that a breakout was imminent. "A rising market means junior explorers can raise money at better valuations, reducing dilution," the report noted, adding that increasing copper prices had led to renewed investor interest and the potential for mergers and acquisitions.
According to John Newell of John Newell & Associates, Giant Mining Corp. demonstrated strong potential as a junior mining company, particularly with its flagship Majuba Hill Copper Property in Nevada.
In a February 8 report, Ahead of the Herd cited BHP's forecast that global copper demand would rise by 70% by 2050, reaching 50 million tonnes annually. The energy transition sector was expected to represent 23% of copper demand by mid-century, up from 7% today, while digital infrastructure, including data centers, 5G, and AI, would increase from 1% to 6%. Transportation's share of copper demand was projected to climb from 11% in 2021 to 20% by 2040 due to the expansion of electric vehicle production. However, BHP noted that the average copper mine grade had declined by approximately 40% since 1991, with one-third to one-half of the global copper supply expected to face grade decline and aging mine challenges over the next decade. The company estimated that US$250 billion in investment would be required to address these supply constraints.
Mining.com, on February 12, cited BloombergNEF's annual Transition Metals Outlook, which estimated that US$2.1 trillion in investment would be needed by 2050 to meet the raw materials demand necessary for a net-zero emissions future. The report warned that despite a decade of growth in metals supply, current availability remained insufficient to meet the rising demand. Critical energy transition metals, including aluminum, copper, and lithium, could face supply deficits this decade, with some shortages emerging as early as this year.
On February 15, Excelsior Prosperity reported that copper had been forming a strong technical base for a breakout. The article pointed to a W-shaped double-bottom pattern in copper futures, suggesting that pricing momentum could push the red metal back toward last year's high of US$5.20 per pound. However, resistance levels at US$4.70–US$4.80 needed to be breached before further gains could be sustained. The report also noted that copper's price movement was closely tied to demand for renewable energy and electric vehicles.
Despite copper's rising demand, significant supply challenges remained. Researchers at the University of Michigan and Cornell University, in a study cited by Sprott, found that copper production was not increasing fast enough to support current U.S. policy targets for transitioning to electric vehicles and renewable energy. "We show in the paper that the amount of copper needed is essentially impossible for mining companies to produce," said Adam Simon, co-author of the study. Visual Capitalist reported that meeting global battery demand alone by 2030 would require 61 new copper mines, a major challenge given the long permitting and development timelines.
Expert Analysts See Major Upside for Giant Mining as Copper Demand Surges
According to John Newell of John Newell & Associates, Giant Mining Corp. demonstrated strong potential as a junior mining company, particularly with its flagship Majuba Hill Copper Property in Nevada. On January 13, Newell emphasized that the company's systematic exploration approach, high-grade copper zones, and favorable infrastructure positioned it as a compelling investment opportunity. Newell noted that Giant Mining had established a strong foundation for growth, adding that its insider ownership of 20% demonstrated alignment with shareholders.
*On the same date, Technical Analyst Clive Maund expressed confidence in Giant Mining's stock performance, stating that the company was positioned for a breakout. He pointed to the completion of a significant financing round that would support its 2025 drilling program and emphasized the bullish technical indicators forming on the stock chart. Maund described the stock as being in the early stages of a major bull market, noting that recent volume and price movements suggested strong accumulation. He rated the stock a "Strong Buy" across all time horizons, anticipating a significant upward move as the company continued to advance its Majuba Hill project.
Giant Mining Corp. Advances Majuba Hill as Copper Demand Surges
Giant Mining Corp. is advancing Majuba Hill at a time of increasing global demand for copper, a key metal for electrification, renewable energy, and electric vehicles. The company's investor presentation highlights the strategic importance of its Nevada-based project, which aligns with the broader industry trend of securing domestic sources of critical minerals.
The planned drilling campaign aims to confirm and expand mineralization identified in prior campaigns, particularly around core holes MHB-30 and MHB-31. The company's ability to continue drilling beyond initial targets provides flexibility to maximize resource delineation. Recent geophysical surveys, deep drilling, and step-out drilling indicate that mineralization remains open in multiple directions, supporting the potential for further expansion.
Streetwise Ownership Overview*
Giant Mining Corp. (CSE: BFG;OTC:BFGFF;FWB:YW5)
Giant Mining has secured funding for its 2025 drilling program, mitigating financial uncertainty as it progresses toward resource delineation. With infrastructure in place and permitting in an advanced stage, the company remains positioned to capitalize on positive drilling results and broader industry tailwinds. Majuba Hill's location within one of the world's most mining-friendly jurisdictions enhances its attractiveness as a long-term development project.
Ownership and Share Structure
According to Giant Mining Corp., approximately 14.8% of its shares are held by insiders. The remaining shares are held by retail investors.
Giant Mining Corp. has a market capitalization of approximately CA$21 million.
The company's shares are traded on the Canadian Securities Exchange (CSE) under the ticker BFG, on the Deutsche Boerse AG (DB) under the ticker YW5, and on the OTC Pink Sheets in the U.S. under the ticker BFGFF, with these listings active since December 2017.
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Important Disclosures:
- Giant Mining Corp. is a billboard sponsor of Streetwise Reports and pays SWR a monthly sponsorship fee between US$4,000 and US$5,000. In addition, Giant Mining Corp. has a consulting relationship with Street Smart an affiliate of Streetwise Reports. Street Smart Clients pay a monthly consulting fee between US$8,000 and US$20,000.
- As of the date of this article, officers and/or employees of Streetwise Reports LLC (including members of their household) own securities of Giant Mining Corp.
- James Guttman wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee.
- This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company.
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* Disclosure for the quote from the Clive Maund article published on January 13, 2025
- For the quoted article (published on January 13, 2025), the Company has paid Street Smart, an affiliate of Streetwise Reports, US$2,500.
- Author Certification and Compensation: [Clive Maund of clivemaund.com] is being compensated as an independent contractor by Street Smart, an affiliate of Streetwise Reports, for writing the article quoted. Maund received his UK Technical Analysts’ Diploma in 1989. The recommendations and opinions expressed in the article accurately reflect the personal, independent, and objective views of the author regarding any and all of the designated securities discussed. No part of the compensation received by the author was, is, or will be directly or indirectly related to the specific recommendations or views expressed
Clivemaund.com Disclosures
The quoted article represents the opinion and analysis of Mr. Maund, based on data available to him, at the time of writing. Mr. Maund's opinions are his own, and are not a recommendation or an offer to buy or sell securities. As trading and investing in any financial markets may involve serious risk of loss, Mr. Maund recommends that you consult with a qualified investment advisor, one licensed by appropriate regulatory agencies in your legal jurisdiction and do your own due diligence and research when making any kind of a transaction with financial ramifications. Although a qualified and experienced stock market analyst, Clive Maund is not a Registered Securities Advisor. Therefore Mr. Maund's opinions on the market and stocks cannot be only be construed as a recommendation or solicitation to buy and sell securities.
