Copper Giant intersects 771 m of 0.54% CuEq at depth

Canada NewsWire

VANCOUVER, BC , Aug. 27, 2026 /CNW/ -- Copper Giant Resources Corp. ( "Copper Giant" or the "Company" ) (TSXV: CGNT) (OTCQB: LBCMF) (FRA: 29H0) today reports assay results from in-fill holes MD-068 and MD-070 at its flagship Mocoa copper-molybdenum porphyry project in Putumayo, Colombia. MD-068, drilled beneath the vertical shallower holes completed by Ingeominas, returned a near-surface high-grade zone with 157 metres of 0.69% CuEq* (0.44% Cu and 0.048% Mo) from 145 metres and deeper zone below the past holes with 154 metres of 0.54% CuEq* (0.32% Cu and 0.041% Mo) from 526 metres. MD-070, an in-fill daughter hole, intersected 771 metres of continuous mineralization grading 0.54% CuEq* (0.33% Cu and 0.039% Mo), including a higher-grade core of 102 metres of 0.87% CuEq* (0.54% Cu and 0.063% Mo). The pattern of the 2026 program keeps expanding mineralization and reproducing the grade model that will underpin the anticipated upcoming Preliminary Economic Assessment ("PEA").

Highlights

MD-068 extends mineralization below the historic drilling: 154 metres of 0.54% CuEq* (0.32% Cu and 0.041% Mo) from 526 metres (Table 1). Hole ended at planned depth still in mineralization

Better grade at depth: alteration and veining in MD-068 intensify downhole toward the assemblages that form closest to the heat source of a porphyry system.

MD-070 reproduces the resource model at infill spacing: 771 metres of continuous mineralization grading 0.54% CuEq* (0.33% Cu and 0.039% Mo), including a higher-grade core of 102 metres of 0.87% CuEq* (0.54% Cu and 0.063% Mo) from 396 metres (Table 1). It is the second daughter hole from the MD-064 platform, which has now produced close to 6,000 metres of drilling in three directions from one pad, reducing drill-rig mobilization

Near-term catalyst — the Mocoa PEA: all workstrea