Giant Mining Corp. (CSE: BFG; OTC:BFGFF; FWB:YW5) announced new findings from its breccia study at the Majuba Hill copper-silver-gold project in Pershing County, Nevada. The company reported that tourmaline breccia pipes have been identified in drill core, historic underground workings, and surface outcrops across the project.
According to the company, high-grade copper and silver values previously reported in its May 22, 2025, and September 24, 2024, news releases are associated with these breccia pipes. Intercepts from drill holes MHB-30 and MHB-32 included high-grade copper and silver as well as anomalous gold. The company stated that these intercepts correlate with the margins of the breccia pipes.
David Greenway, president and chief executive officer of Giant Mining, said in a company news release, "Majuba Hill is demonstrating the hallmarks of a large, copper-silver mineralized system with meaningful gold potential. Silver prices have increased by more than 150% over the past 12 months, strengthening the economics of silver-rich copper projects like Majuba. Our current geological and metallurgical programs are designed to systematically advance this system toward its full multimetal potential."
The company also cited recent commodity market data from TradingEconomics.com. As of December 2025, copper reached a record US$6.07 per pound and was trading at approximately US$5.97/lb. Silver hit an all-time high of US$93.22 per ounce and was trading near US$90.77/oz. Gold reached a record US$4,794.85 per ounce in December 2025 and was recently trading at approximately US$4,607.70/oz. Giant Mining noted that it has not independently verified this data and that the information is provided only for general market context. The company stated that the commodity prices do not imply that Majuba Hill has demonstrated economic viability.
A summary of key intercepts shows that drill hole MHB-30 returned 243.8 meters grading 0.43% copper, 24.60 ppm silver, and 0.03 ppm gold, including 66.4 meters of 1.35% copper and 73.40 ppm silver. Drill hole MHB-32 returned 115.7 meters grading 0.33% copper, 16.97 ppm silver, and 0.04 ppm gold, including 25.9 meters of 0.64% copper and 50.89 ppm silver, and 3.0 meters grading 4.36% copper and 35.65 ppm silver. Both holes intercepted breccia margins.
The Majuba Hill project is located 113 road kilometers southwest of Winnemucca, Nevada, and 251 kilometers northeast of Reno. The property spans 9,684 acres and benefits from existing infrastructure, including county road access, proximity to Interstate 80, and regional power and water. The company reported that approximately 89,395 feet of drilling have been completed to date, with a rough replacement value of US$12.1 million. The site is a historical copper, silver, and tin producer.
According to the company, the project shows indications of a potentially large copper-silver-gold system, and drilling, including induced polarization (IP) surveys and step-out drilling, has shown expansion potential. Giant Mining has secured funding for its next phase of drilling at Majuba Hill.
Copper Rallies on Tariff Risks and Supply Constraints, Then Pulls Back on Trade Policy Shift
Copper prices surged to record highs in mid-January, driven by tightening supply and uncertainty around potential U.S. import tariffs. In a January 14 report, Ines Ferré of Yahoo Finance noted that copper exceeded US$6 per pound in U.S. markets and reached more than US$13,188 per ton in London. The article cited accelerated shipments to the United States ahead of a possible tariff decision as a key factor in straining global supply. Analysts at Goldman Sachs expressed caution, stating, "We do not expect the price above US$13,000 to be sustained," and warned that a formal tariff announcement could trigger a correction by shifting market focus back to the global surplus.
Bloomberg reported on January 19 that copper's upward trend was also fueled by ongoing supply shortfalls and rising demand linked to the artificial intelligence sector, which has increased consumption of copper for wiring and renewable energy technologies. The report added that "copper is tracking silver and gold" amid improving sentiment across the broader metals market. However, Bloomberg also pointed to softening demand among Chinese end users, citing elevated prices and persistent weakness in the country's property sector.
Also on January 19, Colour Capital reported that copper fell 1.1% over the prior week but rebounded by 0.70% on Monday after the U.S. government announced it would delay implementing tariffs on critical minerals. The report stated that the decision eased trade-related risk and reduced speculative buying, while Chinese measures to limit high-frequency trading added further pressure on prices.
Additional Breccia Zones and Assay-Backed Expansion Potential
In its investor presentation, Giant Mining reported that the Majuba Hill project includes several discrete breccia bodies, with tourmaline breccia pipes confirmed in core, surface, and historical workings. The high-grade intercepts observed in drill holes MHB-30 and MHB-32 coincide with the margins of these breccia pipes.
The company's review of assay results highlighted that hole MHB-32 returned 115.7 meters of mineralization starting at 155.4 meters depth, with significant subintervals. A 3.0-meter section between 245.4 meters and 248.4 meters graded 4.36% copper and 35.65 ppm silver.
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Giant Mining Corp. (CSE: BFG;OTC:BFGFF;FWB:YW5)
Infrastructure and access remain in place at Majuba Hill. The project is located near power, roads, and water, and benefits from a strong foundation for development. The company reported that the mineralization remains open in all directions, based on IP survey results, deep drilling, and step-out programs.
Giant Mining stated that it is fully financed for its next phase of exploration at Majuba Hill.
Ownership and Share Structure1
Roughly 15.1% of Giant Mining's shares are held by insiders, while the rest are owned by retail investors. The company's market capitalization is approximately CA$20.4 million.
Giant has 94.85 million shares outstanding and a 52-week range of US$0.0880 and US$0.3800.
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- Giant Mining is a billboard sponsor of Streetwise Reports and pays SWR a monthly sponsorship fee between US$3,000 and US$6,000.
- As of the date of this article, officers, contractors, shareholders, and/or employees of Streetwise Reports LLC (including members of their household) own securities of Giant Mining.
- 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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1. Ownership and Share Structure Information
The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.
