Nevada Explorer Uncovers Massive Copper-Silver Breakthrough

1. 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. 
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. 
3.  James Guttman wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee.
4.  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. 

For additional disclosures, please click here.

* Disclosure for the quote from the Clive Maund article published on May 2, 2025

1. For the quoted article (published on May 2, 2025), the Company has paid Street Smart, an affiliate of Streetwise Reports, US$1,500.
2. 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.

Giant Mining Corp. (CSE: BFG; OTC:BFGFF; FWB:YW5) has announced that drilling at its Majuba Hill copper-silver-gold project in Nevada has advanced significantly, with Hole MHB-34 surpassing 1,850 feet (563.88 meters). The company reported the presence of native copper, cuprite, and chalcopyrite, which are key copper minerals, and suggested proximity to a primary copper sulfide zone.

According to Larry Segerstrom, board member in the news release, "The strong presence of cuprite, native copper, and chalcopyrite in MHB-34 suggests we may be on the edge of the primary copper sulfide zone. We look forward to receiving the assays."

CEO David Greenway added, "With visible native copper extending beyond 1,600 feet, we've blown past our original drilling expectations."

The Majuba Hill project, located in Pershing County, Nevada, spans 9,684 acres and benefits from strong infrastructure, including nearby roads, power, and transportation routes. Historical production at Majuba Hill includes approximately 2.8 million pounds of copper, 184,000 ounces of silver, and 5,800 ounces of gold. Giant Mining has completed more than 80,000 feet of drilling to date, with the 2025 program aiming to extend known high-grade copper zones and support a future mineral resource estimate. Core samples are processed at the company's secure facility in Elko, Nevada, and analyzed by ALS Labs using industry-standard methods such as fire assay and inductively coupled plasma mass spectrometry (ICP-MS). The company has emphasized its focus on quality assurance, maintaining a strict chain of custody, and using commercial standard reference materials to ensure assay accuracy.

The project is positioned as a U.S. critical minerals asset, reflecting broader market dynamics. Copper demand, driven by the electric vehicle (EV) sector, renewable energy infrastructure, and global electrification trends, is forecasted to rise steadily through 2035. As of May 2025, copper prices are approximately US$4.33 per pound, with the global EV industry alone expected to require more than 1.7 million tonnes of copper by 2027. Nevada's ranking as the top global mining jurisdiction further supports the project's development outlook.

Copper Industry Trends and Dynamics

Proactive Investor reported on April 29 that China's copper stockpiles were falling quickly, with Shanghai Futures Exchange data showing a decline of almost 55,000 metric tons to 116,800 metric tons in just one week. According to Mercuria experts cited in the report, "at the current pace of draws, those Chinese inventories could deplete [to zero] by the middle of June." This surge in demand has been partly driven by U.S. buyers looking to secure supply ahead of anticipated trade tariffs, helping copper prices rise to US$4.89 per pound. Proactive noted that copper had climbed from below US$4 at the start of the year to above US$5.20 in late March, reflecting strong market momentum despite recent short-term volatility.

On April 29, 321 Gold emphasized the broader macro environment supporting commodities, noting that global market pressures such as inflation, tariff dynamics, and fiscal policies were reshaping investment strategies. The report suggested that while attention often turns to precious metals, industrial metals like copper benefit from these same global forces, especially as governments and industries invest in critical infrastructure and clean energy transitions.

Maund updated his view, assigning a Strong Buy rating. He identified an initial price target of CA$0.30 for Giant Mining, which the company reached that day, and set a second target at CA$0.60.

Bloomberg News wrote on April 30 that U.S. copper prices had briefly dipped as traders squared positions before China's Labour Day holiday, with futures on New York's Comex touching US$4.524 per pound before recovering.

While some weakness in China's manufacturing data tempered short-term optimism, Bloomberg acknowledged that earlier optimism remained valid, pointing to "narratives of a significantly tighter copper market in China as stockpiles plunged and import premiums rebounded." This backdrop reinforces the ongoing strength in copper's global demand outlook.

According to a May 5 analysis by SMM, copper markets showed signs of resilience and recovery following the holiday period. SMM reported that LME copper rebounded above US$9,300 per metric ton after a brief dip to US$9,088, supported by continued inventory drawdowns and steady demand. Domestic copper cathode production in China increased in April to 1.1257 million metric tons, up 0.32% month over month and 14.27% year over year, while social inventories fell by nearly 200,000 metric tons, driving apparent consumption to nearly 1.5 million metric tons — a potential record. SMM highlighted that global copper concentrate supply remained tight, with overseas disruptions and shifting trade flows reinforcing a positive long-term sector outlook.

Technical Signals Highlight Strong Buy Rating

In a March 5 report, Technical Analyst Clive Maund provided a positive assessment, describing it as "an excellent time to buy or add to positions." He explained that the stock had completed a major Cup and Handle base pattern on its 10-month chart, which is widely considered a bullish indicator. Maund emphasized Giant's "highly bullish volume pattern," pointing out that the strong volume rally on the right side of the cup signaled increasing investor confidence that the company was "turning the corner," especially given the supportive backdrop of tariff barriers for domestic U.S. copper firms.

*By May 2, Maund updated his view, assigning a Strong Buy rating. He identified an initial price target of CA$0.30 for Giant Mining, which the company reached that day, and set a second target at CA$0.60, underscoring his sustained optimism about the technical momentum and the stock's potential.

Path to a New Resource Estimate and Growing Exploration Upside

According to the company's May 2025 investor presentation, Giant Mining is actively advancing its 2025 drill program, which launched in March and includes five planned holes totaling approximately 4,400 feet (1,340 meters). Four of these holes follow up on prior drilling, while a fifth, designed using ExploreTech's artificial intelligence, targets a high-potential southern resistivity anomaly. This exploration is focused on expanding mineralization zones and advancing the project toward a new mineral resource estimate, building on more than five years of drilling campaigns.

The company also holds a 20% stake in the Friday Gold Project in Idaho, where a historical resource estimate indicates 1.237 million ounces of gold. Management reported a fully diluted share count of approximately 116.1 million shares as of May 1, 2025, with a market capitalization of CA$13.4 million and a 52-week share price range of CA$0.11 to CA$1.78. Giant Mining's strategic location within a top-tier jurisdiction, combined with its experienced leadership team and focus on the electric vehicle and renewable energy sectors, positions it to benefit from increasing demand for copper and gold. Management expects continued progress on drilling milestones, environmental assessments, and updated technical reporting to drive the project's momentum in the coming quarters.

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. 

As of May 5, 2025, Giant Mining Corp. has a market capitalization of approximately CA$22.77 million, based on a closing share price of CA$0.305.

The company's current share structure includes 74,664,097 shares issued and outstanding, 38,231,865 warrants, 850,000 options, and 2,400,000 restricted share units.

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.