Copper giant expands Mocoa resource footprint, advances Connector Zone toward La Estrella with three drill rigs
News provided by COPPER GIANT RESOURCES CORP. May 20, 2026, 07:30 ET Share this article Share to X Share this article Share to X VANCOUVER, BC , May 20, 2026 /CNW/ - Copper Giant Resources Corp. ( "Copper Giant" or the "Company" ) (TSXV: CGNT ) (OTCQB: LBCMF) (FRA: 29H0) today reports assay results from directional daughter holes MD-061 and MD-062 at its flagship Mocoa copper-molybdenum porphyry project in Putumayo, Colombia. Mocoa is a Jurassic-age porphyry Cu–Mo deposit where drilling to date has delineated continuous copper and molybdenum mineralization from surface to depths exceeding 1,100 vertical metres. Hole MD-062 returned 258 metres of 0.70% CuEq (0.38% Cu and 0.06% Mo), above the current MRE 1 average of 0.51% CuEq* (0.31% Cu and 0.039% Mo), confirming the continuity and grade of higher-grade domains within the resource model ahead of PEA-level studies.
Hole MD-061, drilled in an area previously modelled as waste below the current conceptual pit design, returned 291 metres of 0.50% CuEq* (0.27% Cu and 0.044% Mo), extending mineralization southward into the corridor between Mocoa and La Estrella where the Company's third drill rig is now conducting maiden drilling from the La Estrella end. Continue Reading fig. 1 (CNW Group/COPPER GIANT RESOURCES CORP.) fig. 2 (CNW Group/COPPER GIANT RESOURCES CORP.) fig. 3 (CNW Group/COPPER GIANT RESOURCES CORP.) fig. 4 (CNW Group/COPPER GIANT RESOURCES CORP.) fig. 5 (CNW Group/COPPER GIANT RESOURCES CORP.) MD-062 intersected 411 metres of 0.56% CuEq* (0.31% Cu and 0.05% Mo) from the kick-off point, including 258 metres of 0.70% CuEq* (0.38% Cu and 0.06% Mo) from 356 metres depth (Table 1), above the current MRE¹ average of 0.51% CuEq* (0.31% Cu and 0.039% Mo), confirming the continuity and predictability of higher-grade domains within the current resource model. MD-061 intersected 291 metres of 0