Giant Mining Receives RESPEC Report Validating Technical Breakthrough and Drill Program Advancement for Majuba Hill Copper Project, Nevada
(TheNewswire)
Independent RESPEC report validatesrefined geological model and supports upcoming, fully funded drillprogram that is targeting copper-silver mineralization.
VANCOUVER, BC — TheNewswire - February 23, 2026 — Giant Mining Corp.(CSE: BFG | OTC: BFGFF | FWB: YW5 | CSE: BFG.WT.A | CSE: BFG.WT.B.)(“Giant Mining” or the “Company”) announces the completion of an independent recommendationsreport prepared by RESPEC Company, LLC (“RESPEC”) for theCompany’s flagship Majuba HillCopper-Silver-Gold Project (“Majuba Hill”) in Pershing County,Nevada.
The report reviews the updated geological framework andprovides a disciplined exploration roadmap that the Company believesrepresents an important step in evaluating Majuba Hill’s longer-termpotential as a domestic U.S. copper and silver asset.
This report in combination with the Company’stechnical team will guide the Company’s Up to 10,000 Foot Drillprogram as announced Company’s News Release (January 30th, 2026).
“The independent RESPEC reportrepresents a transformational technical milestone for Giant Mining andsignificantly advances our understanding of the opportunity at MajubaHill,” said David Greenway, President & CEO of Giant MiningCorp. “With a refined geological model, secured funding, and aclearly defined drill strategy, we are now positioned to aggressivelypursue discovery-driven exploration across this highly prospectivesystem. The identification of key geological controls substantiallyenhances our ability to target high-priority zones with precision andconfidence. Majuba Hill is emerging as a compelling U.S.-basedcopper-silver exploration opportunity at a time when domestic criticalmineral security has never been more important. Nevada is thetop-ranked mining jurisdiction in the United States, and we believeMajuba Hill has the scale, infrastructure, and geological foundationto support meaningful exploration success. Our team is energized andfully focused on executing our upcoming drill program and unlockingthe broader potential of Majuba Hill as we work to create substantiallong-term value for our shareholders, subject to continued explorationsuccess.”
Figure 1: Giant Mining Target Map atMajuba Hill Copper-Silver-Gold Project
RESPEC Recommendations
The RESPEC report recommends that the Company focus ondiscovery-driven exploration. RESPEC identifies recognition of thetourmaline breccia pipe-hosted copper system as a significanttechnical advancement that materially improves the Company’s abilityto target higher-grade mineralization and assess future developmentpossibilities.
Copper is a critical mineral fundamental toelectrification, infrastructure, defense applications, and data-centergrowth within the United States. With long-term demand projected tooutpace supply, the Company views Majuba Hill’s location in Nevada,a top-ranked mining jurisdiction, as strategically relevant toAmerica’s future domestic copper and silver requirements, subject tocontinued exploration success.
The completion of the RESPEC technical recommendationsrepresents an important milestone in Giant Mining’s systematicadvancement of Majuba Hill. With a refined geological model, securedexploration funding, and an upcoming drillprogram of up to 10,000 feet, the Company is positioned to execute thenext phase of disciplined, data-driven exploration. Managementbelieves these developments strengthen the technical foundation of theproject and enhance its strategic relevance within the U.S. criticalminerals landscape, subject to continued exploration success.
Key Findings and StrategicImplications
The RESPEC report highlights several factors thatunderpin the project’s longer-term potential while reinforcing theneed for continued exploration:
• Identification of tourmaline brecciapipes as a key control of copper mineralization, providing a refinedexploration model
• Recognition that high-grade copper and silvermineralization may occur in discrete breccia zones that requirecareful geological targeting
• Recommendation to re-evaluate historical drilling,surface data, and geophysics within the context of the new depositmodel prior to systematic drilling
• Acknowledgement that future development scenarios arecontingent on discovering additional high-grade breccia bodies anddefining their spatial distribution
• Confirmation that Nevada’s mining jurisdiction,infrastructure, and regulatory environment are supportive of potentialfuture development if exploration is successful
Figure 2: Majuba Hill External TargetAreas Majuba Hill Copper-Silver-Gold Project
RESPEC outlines conceptual scenarios under whichcontinued exploration success could ultimately support eitherbulk-tonnage open pit or smaller-scale underground mining approaches.These scenarios are presented as exploration targets, not mineralresources or economic assessments, and remain subject to significantgeological risk.
Alignment With U.S. Domestic SupplyObjectives
While Majuba Hill remains at an exploration stage, theCompany believes that advancing a disciplined, science-driven,staged-exploration program is the necessary first step in determiningwhether the project could, over time, contribute to domestic U.S.copper and silver supply. The RESPEC recommendations provide atechnically sound framework for advancing the project responsiblywhile maintaining alignment with broader U.S. critical-mineralpriorities.
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”).
Restricted Stock Unit Issuance
The Company announces it has granted 9,650,000restricted stock units (“RSUs”) to officers, directors andconsultants of the Company. The RSUs are valid for a term of one yearand under the terms of the Company’s restricted share unit plan(the “RSUPlan”).
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 drivenby initiatives like the Green New Deal in the United States andsimilar climate-focused programs worldwide, which require substantialamounts of copper, silver, and gold for electric vehicles, renewableenergy infrastructure, and the modernization of clean and affordableenergy 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.
With a strengthened technical framework, supportivejurisdiction, and funded exploration program, Giant Mining is focusedon advancing Majuba Hill through systematic drilling and technicalevaluation. The Company remains committed to responsible exploration,technical transparency, and creating long-term shareholder valuethrough discovery-focused exploration.
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
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Forward-Looking Statements
This news release containsforward-looking information, including but not limited to statementsregarding planned exploration activities and anticipatedoutcomes.
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 of the date of this pressrelease. Due to risks and uncertainties, including the risks anduncertainties identified by the Company in its public securitiesfilings, actual events may differ materially from currentexpectations. These statements involve known and unknown risks,including exploration, metallurgical, permitting, environmental,commodity price, and market risks. The Company disclaims any intentionor obligation to update or revise any forward?looking statements, whether as a result of new information, futureevents or otherwise.
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