Mining Company Finds Copper Hotspot in Nevada With Massive Upside Potential

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2. 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. 
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Giant Mining Corp. (CSE: BFG; OTC:BFGFF; FWB:YW5) has expanded its 2025 diamond core drilling program at the Majuba Hill Copper-Silver-Gold Project in Nevada by adding a fifth drill hole. This new hole was designed using artificial intelligence (AI) modeling developed by Exploration Technologies Inc. (ExploreTech) and will target a high-potential resistivity anomaly in the southern portion of the project area. The decision follows what the company described as "encouraging visual results" from the first hole of the program, MHB-32, which was drilled to a depth of 889.5 feet (271.1 meters).

ExploreTech's AI system combines geological and geophysical data, running thousands of simulations to pinpoint subsurface anomalies. The system then recommends optimal drill trajectories to intersect these targets. This collaboration marks a notable technological advancement in Giant Mining's ongoing efforts to delineate mineralization at Majuba Hill, which is located in Pershing County, Nevada, and spans 9,684 acres.

David Greenway, CEO of Giant Mining, stated in a company news release, "We are thrilled with the continued success of the 2025 drill program and encouraged by our team's recommendation to add an additional hole to the plan — another key step toward advancing Majuba Hill to a new NI 43-101 mineral resource estimate."

Hole MHB-32 was completed by Big Sky Exploration, LLC of Eureka, Nevada, and the core was quick-logged and tagged on-site. The core samples will be prepped for analysis at ALS Group USA's facilities in Elko, Nevada. Prepped samples will be tested for copper, silver, gold, and trace elements using a combination of fire assay and ICP-AES methods. 

The 2025 drill campaign builds upon prior results, particularly from MHB-30 and MHB-31 in 2024, which intersected high-grade copper mineralization in breccia zones. According to the company, mineralization at Majuba Hill remains open in all directions. In total, over 83,000 feet of drilling have been conducted to date on the property, with a reported historical replacement value of US$10.4 million in development costs.

Majuba Hill has a long production history, with records of 2.8 million pounds of copper, 184,000 ounces of silver, and 5,800 ounces of gold extracted from the site between the early 1900s and the 1950s. Infrastructure at the site includes road access, proximity to power, and logistical support from nearby cities, positioning the project favorably for further development.

Copper Prices Spike as U.S. Tariff Threats Reshape Global Supply Chains

A surge in copper prices and supply chain pressures defined the global copper sector in early April, as U.S. policy shifts and international market dynamics reshaped the metal's trade patterns and cost structures. A March 29 commentary from Pretiorates highlighted structural challenges in the U.S. mining sector, noting that it now takes "an average of 29 years from discovery to production of a new mine." This delay places the U.S. second only to Zambia for mine permitting timelines, complicating efforts to increase domestic supply. The analysis described the market's reaction to pending U.S. tariffs, stating, "On the New York Metals Exchange, copper is already trading over 15% higher than on the London LME," and added that copper was "rapidly moving from London to the USA."

According to a March 30 analysis by Ahead of the Herd, commodities traders began redirecting large volumes of refined copper from Asia to the United States in anticipation of potential tariffs. Between 100,000 and 150,000 metric tons of refined copper were expected to arrive in the U.S., prompting companies to reserve additional warehousing space in cities like New Orleans and Baltimore. The analysis emphasized the U.S.'s reliance on imports, noting that "imports account for about half of U.S. copper usage, up from just 10% in 1995."

Reported by Katusa Research on April 2, the copper price in the U.S. (Comex) surpassed US$5 per pound, compared to about US$4.60 per pound on the London Metal Exchange (LME). This spread reflected increased U.S. demand and fears surrounding tariff implementation. The report explained that "inventories in CME warehouses have jumped to over 85,000 metric tons," doubling since September 2024, as buyers rushed to build stockpiles. It also noted that "the risk of added costs on imported copper has prompted U.S. buyers to build up stockpiles," amplifying supply tightness globally. Meanwhile, large withdrawal requests from LME warehouses in Asia signaled copper's reallocation to higher-priced U.S. markets.

Kitco also addressed this shift on April 2, reporting that copper had recently "invalidated its move to new highs," interpreting this as a possible technical turning point. The commentary described the market as being in a state of "peak uncertainty" due to impending tariff announcements and noted that copper, alongside gold, had "rallied based on the rumor" of tariff implementation, with potential for a reversal under the "buy-the-rumor-sell-the-fact" pattern.

Giant Mining Targets Resource Growth at Majuba Hill Amid Rising Copper Demand

According to Giant Mining's April 2025 investor presentation, the company's primary focus is on the continued delineation and potential expansion of the porphyry copper system at Majuba Hill, which it believes holds significant relevance for the electric vehicle (EV) and renewable energy sectors. With each EV requiring approximately 183 pounds of copper, long-term global demand for the metal remains strong. S&P Global projects a year-over-year copper demand increase of 2 to 3 percent through 2035.

Giant Mining's 2025 exploration strategy targets an additional 4,400 feet (1,340 meters) of core drilling within an existing exploration target area. The current program is financed and strategically designed to support a future National Instrument 43-101 compliant mineral resource estimate. The application of AI through ExploreTech to optimize drilling targets represents a notable technological differentiator for the company, especially in the context of covered and geophysical complex terrains.

Beyond the current drill program, Majuba Hill's location in Nevada, a jurisdiction consistently ranked highly by the Fraser Institute for mining investment attractiveness, provides a stable regulatory and operational environment. The company's ability to leverage its prior drilling database, combined with new geophysical modeling, positions it to make meaningful progress on expanding known mineralized zones. Additional assay results and exploration updates are expected as drilling continues.

Technical Analyst Highlights Bullish Setup for Giant Mining Corp.

On March 5, Technical Analyst Clive Maund offered a positive outlook on Giant Mining Corp., citing a strong chart pattern and supportive market conditions. Maund noted that the company had completed what he described as a "big Cup & Handle base pattern," a formation typically associated with bullish reversals. He pointed to elevated trading volume during the rally on the right side of the pattern as evidence that "the company is turning the corner."

Maund identified multiple technical indicators suggesting the potential for a breakout, particularly the convergence of moving averages. He commented that "another upleg from here will quickly result in a bullish cross of the moving averages," which he believed would signal the start of "an important new bull market."

Beyond technicals, Maund referenced broader policy developments, especially proposed U.S. tariffs on imported copper, as a factor supporting companies with domestic copper exposure. He wrote that "the growing awareness that the tariff barriers will make domestic producers of copper like Giant Mining . . . more important" had started to shape investor sentiment.

In assessing longer-term valuation, Maund pointed out that the company's stock had previously traded at significantly higher levels. He noted that "as recently as early 2023, it was trading at over CA$4.00, and if you go back further, you will find that it was trading as high as CA$140 early in 2021," framing the current share price as "an excellent time to buy Giant Mining or add to positions in it."

Ownership and Share Structure

According to Giant Mining Corp., approximately 15.1% 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$29.56 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.