Copper Giant intersects 584 m of 0.73% CuEq at Mocoa
Canada NewsWire VANCOUVER, BC, July 28, 2026 /CNW/ -- Copper Giant Resources Corp. ( "Copper Giant" or the "Company" ) (TSXV: CGNT) (OTCQB: LBCMF) (FRA: 29H0) today reports assay results from infill hole MD-066 and corridor hole MD-065 at its flagship Mocoa copper-molybdenum porphyry project in Putumayo, Colombia. MD-066 intersected 584 metres of continuous mineralization grading 0.73% CuEq* (0.40% Cu and 0.062% Mo), including a higher-grade core of 183 metres of 0.94% CuEq* (0.54% Cu and 0.076% Mo), well above the current MRE¹ average of 0.51% CuEq* (0.31% Cu and 0.039% Mo), confirming and locally exceeding the resource model that is used for the anticipated upcoming Preliminary Economic Assessment (" PEA "). MD-065, the first hole collared at the La Estrella target and the first assay result from the Company's third drill rig, reached the southeastern margin of the Mocoa system, returning 176 metres of 0.30% CuEq* (0.15% Cu and 0.027% Mo) from 610 metres, outside the current resource footprint.
Grade increased continuously with depth and the hole ended in mineralization with the final 49 metres averaging 0.34% CuEq* (0.10% Cu and 0.046% Mo), open toward the higher-grade core to the northwest. Together these holes document a model reproducing grade and continuity at infill spacing, and mineralization beyond the MRE footprint. Drilling continues at La Estrella, with assays pending.
Highlights MD-066 validates and locally exceeds the resource model: 584 metres of continuous mineralization grading 0.73% CuEq* (0.40% Cu and 0.062% Mo) from its kick-off point, including a higher-grade core of 183 metres of 0.94% CuEq* (0.54% Cu and 0.076% Mo) (Table 1), which is well above the current MRE¹ average of 0.51% CuEq* (0.31% Cu and 0.039% Mo), confirming the continuity and predictability of Cu-Mo grade domains within the resource model. M