Metallurgical Test Work At Majuba Hill Nevada Copper-Silver-Gold Project

VANCOUVER – Giant Mining Corp. reported that it is planning to undertake additional metallurgical test work to update and expand upon historical metallurgy completed at its Majuba Hill Copper-Silver-Gold Project in Pershing County, Nevada. The additional metallurgical work will refine the Company’s understanding of copper, silver, and gold recoveries across oxide, transition, and sulphide zones within the Majuba Hill porphyry system.
Majuba Hill has demonstrated strong high-grade copper and silver mineralization in historic drilling, including Hole MHB-30: 74.0 ft averaging 2.6% Cu and 30.1 g/t Ag, within 218 ft averaging 1.35% Cu and 73.4 g/t Ag. These high-grade intervals highlight the system’s strength and reinforce the significance of silver.
David Greenway, President and CEO, said, “With Copper, Silver, and Gold recently hitting all-time highs and analysts suggesting higher prices are still ahead, Majuba Hill is showing excellent potential as a district scale copper-silver project with meaningful gold credits. Historical work indicates copper recoveries of up to 80% and silver recoveries up to 75% with gold requiring modern recovery methods that we intend to evaluate. Updating this work is the natural next step as we advance Majuba Hill. With strong historic drill results and encouraging early stage, historical metallurgical results, we believe continued technical work is warranted to further assess the multi-metal potential that is emerging in the Majuba Hill porphyry system.”