COPPER GIANT EXTENDS MOCOA'S NEAR SURFACE HIGH-GRADE WITH 567-METRES AT 0.54% COPPER & 0.07% MOLYBDENUM
- Hole MD-047 returned 1,004-metres of continuous copper and molybdenum mineralization from surface with the entire hole averaging 0.57% CuEq* (0.39% Cu and 0.04% Mo)—highlighting one of the most robust mineralized intervals drilled at Mocoa to date.
- Grades intensify toward depth, with multiple high-grade intervals—including: 126-metres at 0.99% CuEq* (0.62% Cu and 0.09% Mo) and the final 36-metres of the hole grading 1.06% CuEq* (0.64% Cu and 0.10% Mo) (see Table 1 and Figure 2).
- High grades are hosted in newly identified early-stage and inter-mineral porphyry in addition to breccia phases—confirming that Mocoa's high-grade potential extends beyond previously recognized breccia zones and opens new vectors for targeting.
- New structural insights from Mocoa reveal consistent orientations in the copper and molybdenum-bearing veins. These are now being integrated into 3D modeling to enhance targeting of the most prospective zones in upcoming in-fill and step-out drilling.
"Hole MD-047 is one of the most exciting holes we've drilled recently and has significantly advanced our understanding of the Mocoa system. Beyond the exceptional grades, MD-047 gives us clear evidence of a broader and deeper high-grade system than we had modeled. Discovering new intrusive phases and ending the hole in strong mineralization, including a final interval over 1% CuEq, opens a new vector in the system, pointing to additional high-grade potential we hadn't modeled. Ending the hole in such strong mineralization, without the ability to go deeper, leaves us wondering just how much more there is below." —
Hole MD-047
Hole MD-047 was extended beyond its originally planned depth based on the strength and continuity of visible mineralization and multi-stage veining observed at depth. Detailed description and partial assay results of the first 489-metres of the hole was released on
MD-047 |
From |
To |
Interval |
Cu (%) |
Mo (%) |
CuEq* (%) |
|
0 |
1,004 |
1,004 |
0.39 |
0.04 |
0.57 |
and including |
187 |
1,004 |
818 |
0.47 |
0.05 |
0.68 |
and including |
187 |
754 |
567 |
0.54 |
0.05 |
0.76 |
and including |
393 |
754 |
360 |
0.54 |
0.07 |
0.82 |
and including |
593 |
719 |
126 |
0.62 |
0.09 |
0.99 |
and including |
969 |
1,004 |
36 |
0.64 |
0.10 |
1.06 |
Table 1 – Full assay results for drill hole MD-047. *Copper equivalent (CuEq) for drill hole interceptions is calculated as: CuEq (%) = Cu (%) + 4.2 × Mo (%), utilizing metal prices of Cu -
The C-type veinlets, which host the bulk of the copper mineralization, exhibit two dominant orientations: 125°/50° and 250°/65° (Dip Direction/Dip). Furthermore, the B-type veinlets, including Banded Quartz-Molybdenite (BQM) veins, which are the primary carriers of molybdenum, display two main trends: 120°/20° and 250°/75°. This new structural information is being integrated into the 3D copper and molybdenum grade distribution model to better constrain the high-grade core of the Mocoa system and enhance sub-targeting for future in-fill drilling. This new information is being integrating to the copper and molybdenum grade distribution 3D model to better constraint the high-grade core of the system and provide a better high-grade sub-targeting for further in-fill drilling at Mocoa.
MD-047 |
From |
To |
Interval |
Cu (%) |
Mo (%) |
CuEq* (%) |
|
0 |
489 |
489 |
0.35 |
0.02 |
0.45 |
including |
187 |
489 |
303 |
0.54 |
0.03 |
0.67 |
and including |
395 |
489 |
94 |
0.53 |
0.05 |
0.74 |
Table 2 – Partial assay results for drill hole MD-047 released on
Qualified Person and Technical Notes
Mineralized zones at Mocoa are bulk porphyry-style zones and drilled widths are interpreted to be very close to true widths.
Copper Giant operates according to a rigorous Quality Assurance and Quality Control (QA/QC) protocol consistent with industry best practices. Core diameter is a mix of HQ and NQ depending on the depth of the drill hole. Diamond drill core boxes were photographed, sawed, sampled and tagged in maximum 2-metre intervals, stopping in geological boundaries. Samples were bagged, tagged and packaged for shipment by truck from Copper Giant's core logging facilities in Mocoa,
About the Mocoa Porphyry System
The Mocoa project is located in the department of Putumayo, approximately 10 kilometres from the town of Mocoa in southern
Discovered in 1973 through a regional geochemical survey by the
The deposit is hosted in Middle Jurassic dacite and quartz-diorite porphyries intruding andesitic to dacitic volcanics, within
The system features over 1,000 metres of vertical continuity, overlapping hydrothermal stages, and a broad alteration footprint. Multiple intrusive phases, brecciation events, and vein generations suggest a dynamic magmatic-hydrothermal evolution likely driven by more than one porphyry center.
Mocoa remains open in all directions, with several satellite targets identified across the broader land package. These features support the interpretation of a district-scale porphyry system and position Mocoa as one of the most significant undeveloped copper-molybdenum assets in the Andes
1
For further information refer to NI 43-101 Technical Report, entitled "Technical Report on the
About Copper Giant
The Company is led by a team with uncommon experience, having successfully taken some of the few major copper mines developed in the past two decades from discovery through to construction.
Copper Giant's current focus is the Mocoa copper-molybdenum deposit in southern Colombia, one of the largest undeveloped resources of its kind in the
Guided by the values of respect and responsibility, and grounded in its Good Neighbor philosophy, Copper Giant is committed to creating enduring value for all stakeholders and playing a meaningful role in the global energy transition.
Neither the
This news release includes forward-looking statements that are subject to risks and uncertainties. All statements within, other than statements of historical fact, including statements regarding the drilling results of MD-047, the outcome of the Company's current resource expansion strategy; other activities and achievements of the Company, including but not limited to: the timing and success for the advancement of the
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