COPPER GIANT COMPLETES FIRST DRILL HOLE AT EAST VALLEY TARGET, CONFIRMING PORPHYRY-STYLE MINERALIZATION BEYOND THE MOCOA RESOURCE FOOTPRINT
- Hole MD-048 intercepted porphyry-style mineralization, confirming
East Valley as a valid new exploration target. While grades are modest, this first-pass geological test demonstrates mineralization well beyond the current resource footprint and advances the broader district-scale potential of Mocoa. - East-dipping orientations of molybdenite and polymetallic veinlets vector into untested ground coincident with Cu–Mo and Zn–Pb soil anomalies, suggesting a potential new feeder zone to the east / southeast.
- Late-mineral porphyry intrusions identified, interpreted as part of the causative system supplying hydrothermal fluids to Mocoa and reinforcing a long-lived, multi-pulsed magmatic-hydrothermal system.
"This first hole at
Hole MD-048
Drill hole MD-048 is the first hole completed at the
Detailed logging confirms the presence of porphyry-style mineralization and hydrothermal alteration across several intrusive phases (see figure 2). The upper portion of the hole intercepted a strongly sericite-altered dacite porphyry (interpreted as part of a leach cap) characterized by disseminated pyrite, iron oxides, and D-type veinlets, similar to those observed in the upper levels of the Mocoa deposit (see figure 2A). At depth, alteration transitions to a chlorite-sericite alteration with the development of
MD-048 |
From (m) |
To (m) |
Interval (m) |
Cu (%) |
Mo (%) |
Au (g/t) |
Ag (g/t) |
Zn (%) |
Pb (%) |
|
0.0 |
99.7 |
99.7 |
0.08 |
0.0033 |
0.03 |
3.14 |
0.004 |
0.001 |
Incl. |
26.0 |
87.7 |
61.7 |
0.12 |
0.0034 |
0.03 |
3.13 |
0.005 |
0.001 |
|
99.7 |
200.2 |
100.5 |
0.10 |
0.0027 |
0.02 |
2.00 |
0.007 |
0.002 |
|
137.7 |
163.2 |
25.5 |
0.28 |
0.0042 |
0.01 |
2.43 |
0.007 |
0.002 |
|
200.2 |
300.4 |
100.2 |
0.04 |
0.0029 |
0.01 |
1.24 |
0.006 |
0.003 |
|
300.4 |
400.1 |
99.7 |
0.04 |
0.0029 |
0.03 |
2.08 |
0.023 |
0.016 |
Incl. |
323.3 |
363.1 |
39.8 |
0.06 |
0.0041 |
0.03 |
1.97 |
0.025 |
0.024 |
|
400.1 |
500.0 |
99.9 |
0.05 |
0.0037 |
0.03 |
5.38 |
0.133 |
0.106 |
Incl. |
415.1 |
454.0 |
38.9 |
0.02 |
0.0015 |
0.02 |
3.49 |
0.123 |
0.106 |
|
500.0 |
600.0 |
100.0 |
0.01 |
0.0017 |
0.03 |
1.08 |
0.029 |
0.011 |
|
600.0 |
699.7 |
99.7 |
0.01 |
0.0018 |
0.01 |
1.36 |
0.034 |
0.006 |
|
699.73 |
785.33 |
85.6 |
0.003 |
0.0007 |
0.03 |
0.97 |
0.016 |
0.002 |
Table 1 – Assay results for drill hole MD-048. * Intervals are reported at length-weighted averages and represent bulk porphyry-style mineralization; true widths are not yet known. |
The orientation of mineralized structures provides a key vector. Molybdenite veinlets trend WNW, while polymetallic quartz-carbonate veinlets (sphalerite, pyrite, galena) trend NNE. Both sets dip eastward, away from Mocoa. In porphyry systems, Zn–Pb veinlets are typically distal features, yet at
The hole also intersected a low-grade, late-mineral porphyry (see figure 3) phase with magnetite, pyrrhotite, hornblende, pyrite, and chalcopyrite, interpreted as emplacement from a relatively oxidized, hydrous magma source. These NNW-trending late-stage intrusions are likely part of the causative system, contributing additional hydrothermal fluids that prolonged mineralization within the Mocoa district. They are comparable to late dykes observed in earlier holes, though less pervasively altered, and their presence reinforces the interpretation of a long-lived, multi-pulsed magmatic-hydrothermal system that remains open for further discovery.
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 values 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-048, 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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