Historic Copper-Zinc District Gets Fresh Drill Push After High-Grade Intercepts

1. Copper One is a billboard sponsor of Streetwise Reports and pay SWR a monthly sponsorship fee between US$3,000 and US$6,000.
2. 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 Copper One.
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1. Disclosure for the quote from the John Newell article published on February 11, 2026

1. For the quoted article (published on February 11, 2026), Giant Mining has paid Street Smart, an affiliate of Streetwise Reports, US$2,500.
2. Author Certification and Compensation: [John Newell of John Newell and Associates] was retained and compensated as an independent contractor by Street Smart for writing this article. Mr. Newell holds a Chartered Investment Management (CIM) designation (2015) and a  U.S. Portfolio Manager designation (2015). The recommendations and opinions expressed in this content reflect the personal, independent, and objective views of the author regarding any and all of the companies discussed. No part of the compensation received by the author was, is, or will be directly or indirectly tied to the specific recommendations or views expressed.

John Newell Disclaimer

As always it is important to note that investing in precious metals like silver carries risks, and market conditions can change violently with shock and awe tactics, that we have seen over the past 20 years. Before making any investment decisions, it's advisable consult with a financial advisor if needed. Also the practice of conducting thorough research and to consider your investment goals and risk tolerance.

2. 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.

Copper One Resources Corp. (CSE: BFG; OTC:BFGFF; FWB:YW5) announced that drilling has commenced at its 100%-owned Redhill Copper-Zinc Project, located south of Ashcroft, British Columbia, within the Kamloops Mining District. According to the company, the Phase 1 drill program is designed to test priority volcanogenic massive sulphide targets and follow up on historical drilling and geophysical work that identified copper-zinc and gold/silver mineralization, hydrothermal alteration, and sulphide-bearing volcanic units across the property.

The initial program is expected to include approximately 3,000 meters of diamond drilling across 10 drill holes. Copper One stated that Paradigm Drilling Ltd. was engaged to execute the program using a Boyles B-15 hydraulic, track-mounted diamond drill equipped with NQ tooling and capable of testing targets to depths exceeding 600 meters. The company also stated that initial drill pads had been permitted and were being prepared, with step-out drilling planned to evaluate continuity of VMS-style copper-zinc mineralization along structural and geophysical trends.

David Greenway, Chief Executive Officer of Copper One, stated in a company news release, "We are excited to begin drilling at Redhill and advance what we believe is a highly prospective VMS exploration opportunity in British Columbia. This program represents an important milestone for Copper One as we continue building a diversified portfolio of copper-focused exploration assets in top-tier mining jurisdictions."

The Redhill Property comprises 18 mineral claims totaling approximately 4,736.38 hectares and is accessible via the Trans-Canada Highway. Historical exploration work by Teck Resources Ltd. and others identified multiple stratabound zones of hydrothermal alteration and copper mineralization within sericite-altered felsic volcanic rocks. The company stated that sulphide assemblages on the property include pyrite, pyrrhotite, and chalcopyrite in stringer and semi-massive sulphide to massive sulphide zones.

Copper One also referenced drilling conducted by Bessor Minerals Inc. in 2022, which reported intercepts including 6.9 meters grading 0.61% copper and 0.55% zinc, as well as 2.32 meters grading 0.56% copper, both within massive pyrrhotite zones. The company stated that the geological setting and historical exploration results indicate potential for additional mineralization along strike and at depth, while noting that the historical exploration results had not been verified by a Qualified Person and should not be relied upon as an indication of current or future mineral resources or mineralized systems on the property.

The company stated that the drill program is being managed by J.T. ("Jo") Shearer, President of Homegold Resources Ltd., and that engagement with local First Nations and the Nlaka'pamux Nation Tribal Council is ongoing.

Copper Supply Pressures and Infrastructure Demand

According to a May 22 report titled Higher in Steps from UBS cited by VBL on May 27, analysts stated that the copper market had continued to trade "as a supply-constrained industrial system rather than a cyclical commodity market." The report also stated that UBS saw copper prices "marching toward US$15,500" per metric ton. UBS analysts wrote that "structural shortages across concentrates, scrap, sulfur, and refined output" had been forcing prices steadily higher despite mixed global growth signals.

Reuters columnist Andy Home wrote on May 28 that the copper market had again entered "a state of nervous anticipation" ahead of a U.S. decision on potential tariffs on refined copper imports expected by the end of June. According to Reuters, the widening premium between CME copper contracts and London Metal Exchange pricing had drawn additional metal into the United States, tightening availability in other markets.

The Reuters report stated that U.S. imports of refined copper more than doubled year-over-year to 533,000 tons during the first quarter of 2026, citing data from the World Bureau of Metal Statistics. Reuters also reported that CME copper inventories totaled 577,385 tons, representing 44% of global exchange inventory, while additional copper stocks had migrated to U.S. ports. Andy Home wrote that the United States had "over the last year or so built up its own strategic copper reserve thanks to the on-again, off-again threat of tariffs."

The report also stated that the U.S. import dependency rate for copper had risen to 57% from 45% in 2024, according to the United States Geological Survey. Reuters noted that the stated aim of tariffs had been to "reinvigorate U.S. production capacity," while adding that the country still had only two primary copper smelters.

A separate report from Grand View Research on the copper in data centers market stated that the global market size had been estimated at US$1.6 billion in 2025 and was projected to grow from US$1.8 billion in 2026 to US$4.6 billion by 2033 at a compound annual growth rate of 14.4%. The report stated that North America accounted for a 41.4% revenue share in 2025.

According to Grand View Research, demand for copper in data centers has been driven by "the rapid expansion of hyperscale and colocation data centers, increasing deployment of AI-focused computing infrastructure, and rising demand for high-performance cloud services globally." The report also stated that "technological advancements in hyperscale computing, artificial intelligence (AI), and high-density server architecture" had been transforming the market.

Grand View Research further stated that copper had played "a critical role in enabling energy-efficient electrical transmission and thermal management systems within data centers due to its high conductivity, recyclability, and durability." The report added that the increasing adoption of liquid cooling systems, advanced thermal management infrastructure, and edge computing facilities had continued to increase demand for copper-intensive electrical and networking infrastructure.

The report stated that the power infrastructure segment accounted for 47.3% of market revenue in 2025 due to copper use in transformers, switchgear systems, power distribution units, backup power systems, and electrical cabling infrastructure. Grand View Research also noted that the cooling systems segment had been projected to expand at a 16.3% compound annual growth rate during the forecast period, driven by demand for copper-based heat exchangers, cooling pipes, and thermal conductivity components used in AI-ready computing facilities.

Copper Exploration, Policy Alignment, and Technical Commentary

¹According to a February 11 article from John Newell of John Newell & Associates published by Streetwise Reports, Copper One Resources Corp. was described as "a U.S.-focused copper exploration company" with its primary asset being the Majuba Hill Copper Project in Nevada. Newell wrote that the company had spent "several years methodically advancing this project through drilling, geophysics, and geological modeling, steadily building a large technical dataset while operating in one of the most mining-friendly jurisdictions in the world."

In the February 11 article, Newell stated that "what makes  [Copper One Resources]  interesting at this stage is not just the copper exposure, but the timing." He added that the company was "positioned at the intersection of rising copper demand, renewed U.S. strategic interest in domestic metals supply, and a share price that appears to be emerging from a prolonged base."

The report stated that over multiple drill campaigns from 2020 through 2025, the company had completed "more than 100 drill holes totaling over 80,000 feet of drilling." Newell also wrote that recent programs had focused on "expanding known copper mineralization, testing deeper sulphide targets, and following up on resistivity anomalies generated through modern geophysics and AI-assisted targeting."

According to the article, "the current technical work suggests Majuba Hill has the scale potential investors look for in a porphyry system." The report added that "while still at the exploration stage, success here would be meaningful relative to the company's current market capitalization."

Newell also discussed Project Vault, describing it as "the newly announced U.S. strategic critical minerals reserve." He wrote that "Project Vault signals that the U.S. government is now treating copper and other critical metals as strategic assets, similar in concept to how oil has been treated through the Strategic Petroleum Reserve." According to the article, "the intent is to reduce reliance on foreign supply chains, particularly from jurisdictions that dominate global processing and supply."

The article further stated that "for companies exploring copper in the United States, this policy shift improves the long-term backdrop." Newell wrote that it "increases the strategic value of domestic projects, supports capital formation in U.S. jurisdictions, and reinforces the idea that future copper supply will need to come from stable, politically aligned regions."

Streetwise Reports also outlined details related to management, advisory personnel, and technical oversight. The article stated that the management team combined "capital markets experience with deep technical and operational expertise in copper exploration and development." It also stated that the company had approximately 105 million shares outstanding and roughly 123.4 million shares fully diluted based on the most recent disclosure.

In the technical analysis section of the report, Newell wrote that after a correction and consolidation period during 2025, "price appears to be breaking out of a triangle pattern over the descending trendline, supported by improving volume and momentum." He identified "approximately CA$0.45" as initial resistance, followed by technical targets near "CA$0.75" and "CA$1.40." The report also stated that "a successful breakout and continuation could ultimately support a longer-term target near CA$2.75."

The February 11 report concluded by stating that " [Copper One Resources] remains a speculative buy."

Newell offered a Speculative Buy rating and set a long-term target price of CA$2.74

Advancing Projects and Exploration Activity

The company's investor materials outlined ongoing exploration work at its Majuba Hill Project in Nevada, which was described as a copper-silver-gold deposit. According to the materials, a multi-phase drilling program was conducted between 2020 and 2025, including a 2025 Phase 1 program that completed five drill holes totaling 5,484.5 feet.

The drilling program included follow-up and extension holes based on prior exploration campaigns, as well as a fifth drill hole targeting a resistivity anomaly identified through AI-assisted modeling. The company stated that the drilling was designed to test deeper mineralized zones and previously identified targets. Core samples from the drilling program were processed and submitted for analysis.

The company also disclosed individual drill hole depths from the 2025 Phase 1 program, including 889.5 feet for hole MHB-32, 936 feet for hole MHB-33, and 1,963 feet for hole MHB-34. Additional exploration work at Majuba Hill included geological mapping, sampling, and geophysical targeting methods.

Investor materials also stated that the company held a 20% interest in the Friday Gold Project in Idaho. Historical resource estimates from a 2013 technical report indicated resources of 647,000 ounces of gold and inferred resources of 590,000 ounces, based on approximately 30,480 meters of drilling.  

The company stated that samples from recent drilling programs were processed at its facility in Elko, Nevada, before being sent to ALS Labs for analysis. Exploration activities described in the materials included drilling, geophysical surveys, and geological studies aimed at expanding known mineralization zones.

Ownership and Share Structure²

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$22.16 million. Giant has 116.2 million shares outstanding and a 52-week range of US$0.0880 and US$0. 0.3175.