Giant Mining Corp. Comments on U.S. Section 232 Proclamation Strengthening Domestic Copper and Critical Mineral Supply Chains
(TheNewswire)
VANCOUVER, BC — TheNewswire — January 23,2026 — Giant Mining Corp. (CSE: BFG | OTC: BFGFF | FWB: YW5 | CSE:BFG.WT.A | CSE: BFG.WT.B.) (“Giant Mining” or the “Company”)welcomes U.S. Presidential Proclamation 11001(“Proclamation11001”), issued on January 14, 2026 underSection 232 of the Trade Expansion Act of 1962, titled Adjusting Imports ofProcessed Critical Minerals and Their Derivative Products into theUnited States. The proclamation seeks tostrengthen secure, reliable, and allied supply chains for processedcritical minerals and their derivative products entering the UnitedStates.
“Copper has become a foundationalmaterial for the U.S. defense-industrial base—it is essential tonational security, military readiness, electrification, advancedweapons systems, AI infrastructure, and America’s long-term economicstrength,” said David Greenway, Chief Executive Officer of GiantMining Corp. “The U.S. government’s Section 232 proclamationreinforces the strategic imperative to secure reliable,American-sourced copper supply chains that reduce foreign dependenceand support the Pentagon’s growing demand for critical minerals.With Majuba Hill located in a premier U.S. mining jurisdiction, webelieve the project is well positioned to contribute to domesticmanufacturing resilience, defense readiness, and the rebuilding ofAmerica’s critical mineral supply base.”
Proclamation 11001 follows a comprehensive Section 232investigation that found the United States to be significantlydependent on foreign sources for many critical minerals essential tonational security, energy transition technologies, and advancedmanufacturing. The proclamation calls for enhanced engagement withallied partners and outlines potential measures to strengthen domesticand allied critical mineral supply chains.
Relevance to Copper andElectrification
Copper is a cornerstone metal underpinning U.S.electrification, grid expansion, electric vehicles, renewable energyinfrastructure, and advanced data-center and defense applications. Asthe U.S. accelerates investments in AI infrastructure, clean energy,and domestic manufacturing, secure access to copper supply from stablejurisdictions has become increasingly strategic.
Giant Mining Corp.’s Majuba Hill Copper-Silver-GoldDeposit (“MajubaHill”), located in Nevada, sits within one ofthe world’s most established mining jurisdictions and directlyaligns with the objectives outlined in the proclamation. Nevada hostsexisting mining infrastructure, skilled labor, and regulatoryframeworks that support responsible domestic mineraldevelopment.
Strategic Implications for MajubaHill
The Company believes the Section 232 proclamationreinforces several favorable long-term fundamentals for Majuba Hill,including:
Formal recognition of copper as astrategic metal critical to U.S. infrastructuremodernization, grid hardening, electrification, advancedmanufacturing, and defense readiness, reflecting copper’s growingrole in military systems, AI-enabled technologies, and nationalsecurity applications.
Heightened U.S. government emphasison domestic and allied sourcing, reinforcingpolicy momentum toward reducing foreign dependence on criticalminerals and strengthening supply-chain sovereignty. This policyenvironment may support enhanced investment interest, greaterpermitting certainty, and potential strategic partnerships forU.S.-based copper development projects.
Support for downstream processingcapacity and end-to-end supply-chain resilience,underscoring the importance of developing not only mineral resources,but fully integrated North American copper supply solutions capable ofsupporting U.S. manufacturing, infrastructure deployment, and thedefense-industrial base.
Majuba Hill is an advanced copper-silver-gold systemwith a history of exploration and mining, located near existinginfrastructure in Nevada. The project’sgeological setting, scale potential, and proximity to U.S. end-marketsposition it as a compelling asset as domestic copper demand continuesto accelerate.
Majuba Hill’s critically importantcharacteristics are as follows:
Location: | Nevada, USA — a globally top-ranked miningjurisdiction, ranked #1 in the Fraser Institute’s 2022 Annual Surveyof Mining Companies. |
Project Size: | 9,684 Acres |
Infrastructure: | The Majuba Hill property is located 113 road kilometers(70 miles) southwest of Winnemucca, Nevada, and 251 kilometers (156miles) northeast of Reno. It is accessible via well-maintained countyroads from the Imlay, Nevada exit on U.S. Interstate 80, followed by a23-mile drive west. People, roads, power, and water are fundamentalconsiderations for infrastructure, and Majuba Hill already benefitsfrom a strong foundation in all these areas. This existinginfrastructure provides a significant advantage, offering substantialcost savings compared to more remote projects. |
History: | Historical Producer |
Drilling: | Approximately 89,395 feet of drilling to date. Roughreplacement value of drilling USD $12.1 Million using currentcosts. |
Mineralization: | The project shows indications of a potentially large Cu– Ag +/- Au mineralized body with many features in common with bothlarge porphyry copper, silver, and gold projects. |
Expandability: | The IP survey, deep drilling, and step-out drillingindicate significant expansion potential, with mineralization open inall directions. |
Fully Financed: | The Company has secured funding for its next phase ofdrilling at Majuba Hill. |
Qualified Person
The scientific and technical information contained inthis news release has been reviewed and approved by E.L. “Buster”Hunsaker III, CPG 8137, a non-independent consulting geologist who isa “Qualified Person” as such term is defined under National Instrument 43-101 – Standardsof Disclosure for Mineral Projects (“NI 43-101”).
About Giant Mining Corp.
Giant Mining is focused on identifying, acquiring, andadvancing late-stage copper and copper/silver/gold projects to meetthe growing global demand for critical metals. This demand is driven by initiatives like the Green New Deal inthe United States and similar climate-focused programs worldwide,which require substantial amounts of copper, silver, and gold forelectric vehicles, renewable energy infrastructure, and themodernization of clean and affordable energy systems.
The Company’s flagship asset is the Majuba HillCopper, Silver, and Gold District, located 156 miles (251 km) fromReno, Nevada. Majuba Hill benefits from a mining-friendly regulatoryenvironment and strong local infrastructure. While still anexploration-stage asset, the geological footprint and scale ofmineralization indicate that further work is clearly justified andthat the system may host significant copper potential.
Neither the Canadian SecuritiesExchange nor its Market Regulator (as that term is defined in thepolicies of the Canadian Securities Exchange) accepts responsibilityfor the adequacy or accuracy of this release.
On Behalf of the Board of Giant Mining Corp.
“David Greenway”
David C. Greenway
President & CEO
For further information, please contact:
E: info@giantminingcorp.com
P: 1 (236) 788-0643
VISIT OUR WEBSITE FOR MORE DETAILS
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Forward-Looking Statements
This news release contains certainforward?looking information. Such informationinvolves known and unknown risks, uncertainties and other factors thatmay cause actual results, performance or achievements to be materiallydifferent from those implied by statements herein, and therefore thesestatements should not be read as guarantees of future performance orresults. All forward?looking statements arebased on the Company’s current beliefs as well as assumptions madeby and information currently available to it as well as other factors.Readers are cautioned not to place undue reliance on theseforward?looking statements, which speak only as ofthe date of this press release. Due to risks and uncertainties,including the risks and uncertainties identified by the Company in itspublic securities filings, actual events may differ materially fromcurrent expectations. These statements involve known and unknownrisks, including exploration, metallurgical, permitting,environmental, commodity price, and market risks. The Companydisclaims any intention or obligation to update or revise anyforward?looking statements, whether as a result ofnew information, future events or otherwise.
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