Giant Mining Corp. (CSE: BFG; OTC:BFGFF; FWB:YW5) has announced its readiness to commence a four-hole core drilling program at the Majuba Hill Copper-Silver Porphyry Deposit in Pershing County, Nevada. The program, scheduled for early 2025, will focus on targeting high-grade copper-silver zones identified in previous exploration efforts. Significant results from hole MHB-30, which revealed 74.0 feet (22.6 meters) of 2.6% copper (Cu) and 30.1 grams per tonne (g/t) silver (Ag) within 218.0 feet (66.4 meters) of 1.35% Cu and 73.4 g/t Ag, have informed this next phase of drilling.
The planned 4,000 feet (1,219 meters) of drilling will concentrate on the Southern Breccia Corridor, emphasizing deeper portions of mineralized breccia and extensions of high-grade copper zones. These efforts aim to expand on the historical production of 2.8 million pounds of copper, 184,000 ounces of silver, and 5,800 ounces of gold at Majuba Hill.
Copper equivalent values (CuEq) for previous assays were calculated using US$4.475/lb for copper and US$31.29/oz for silver. With rising demand driven by the global transition to electric vehicles and renewable energy, Majuba Hill's potential as a significant domestic source of copper aligns with broader industry needs.
CEO David Greenway noted in the news release, "We are thrilled with the tremendous progress Giant Mining achieved at Majuba Hill in 2024, advancing what we firmly believe has the potential to become a significant domestic copper deposit for the United States. This project represents a major opportunity for our stakeholders and a step forward for global resource development. Looking ahead, we are excited to launch our maiden 2025 drilling program at Majuba Hill. The company is currently accepting proposals from drill crews ready to begin operations at the earliest convenience."
The company's adherence to industry-standard QA/QC procedures ensures the reliability of exploration data. Samples are securely transported to ALS Labs for comprehensive analysis, underscoring Giant Mining's commitment to transparency and precision in its exploration efforts.
Copper Sector Insights: Opportunities and Challenges
According to Fastmarkets on January 7, copper concentrates faced significant supply constraints, with treatment and refining charges (TC/RCs) reaching record lows in 2024 and remaining tight into 2025. Fastmarkets analyst Andrew Cole forecasted an annual average TC of US$10.7 per tonne for the year, with monthly averages potentially reaching US$20 per tonne by year-end.
This environment has pushed smelters to explore alternative inputs, such as blister copper and copper scrap, though market uncertainties and potential tariff changes posed risks to supply chains. Additionally, the industry's profitability has increasingly relied on byproducts such as sulfuric acid, gold, and silver, which provided some relief to smelters under pressure from low TC/RCs.
On January 13, Technical Analyst Clive Maund rated Giant Mining Corp. as a "Strong Buy" across all time horizons.
On January 16, Market Research Future reported that the high-purity copper market, valued at US$18.64 billion in 2022, was projected to grow to US$28.0 billion by 2032, representing a compound annual growth rate (CAGR) of 4.15%.
This growth is fueled by copper's critical role in key industries such as electric vehicles (EVs), renewable energy, and advanced electronics, where its superior electrical and thermal conductivity is indispensable. The report also highlighted increasing urbanization and investments in sustainable infrastructure as significant drivers for the demand for high-purity copper.
Also, on January 16, Ahead of the Herd noted a robust outlook for copper as the world transitions toward decarbonization. Bank of America analysts projected copper prices to reach US$10,750 per tonne in 2025, citing strong demand from energy transition projects and constrained supply. The industry's challenges, including declining ore grades and aging mines, have necessitated an estimated US$250 billion in investments to meet growing demand.
Additionally, BloombergNEF forecasted that the global energy transition would require US$2.1 trillion by 2050 to meet the demand for raw materials in a net-zero world, with copper playing a pivotal role.
Expert Endorsements Highlight Giant Mining's Potential
*On January 13, Technical Analyst Clive Maund rated Giant Mining Corp. as a "Strong Buy" across all time horizons. He highlighted the company's significant financing, which positions it to advance its 2025 drilling program at the Majuba Hill Copper Property in Nevada. Maund pointed out that Majuba Hill has shown promising high-grade copper production in the past, which he described as "economically viable now, given modern mining techniques and higher metals prices."
John Newell of John Newell & Associates expressed enthusiasm about Giant Mining Corp., describing it as a "compelling investment opportunity" in the copper exploration space.
Maund noted that Giant Mining's stock was beginning to break out of a prolonged bear market, supported by strong volume indications and a robust base pattern on the stock charts. He concluded that the stock was positioned for a major bull market, making it a favorable investment opportunity.
On the same date, John Newell of John Newell & Associates expressed enthusiasm about Giant Mining Corp., describing it as a "compelling investment opportunity" in the copper exploration space.
Newell praised the Majuba Hill project for its historic production and exploration success, including results such as 44.5 meters at 1.41% copper and 66.4 meters at 1.35% copper, which he noted highlighted the property's high-grade zones. Newell emphasized the property's dual copper systems (oxide and sulfide), accessible location, and solid infrastructure as key advantages.
He also pointed to management's strategic approach, which includes an 18-hole drilling program and plans for a maiden resource estimate in 2025. According to Newell, Giant Mining is uniquely positioned to capitalize on the growing global demand for copper, driven by the electrification of infrastructure and transportation.
Key Catalysts Driving Giant Mining Corp.'s Growth
Giant Mining Corp.'s investor presentation highlights several upcoming catalysts that position the company for growth. The four-hole program at Majuba Hill is supported by historical data indicating significant resource potential, with an estimated exploration target of 50 to 100 million tonnes of copper grading between 0.15% and 0.30%. Expansion possibilities remain open in all directions, with advanced geophysical surveys and previous drilling programs suggesting further untapped potential.
The project benefits from its location in Nevada, a premier mining jurisdiction with robust infrastructure, including power, water, and transportation networks. Additionally, the Majuba Hill site has the potential to support open-pit mining operations, offering cost-efficiency advantages compared to more remote projects.
Streetwise Ownership Overview*
Giant Mining Corp. (CSE: BFG;OTC:BFGFF;FWB:YW5)
Fully funded for its 2025 drilling campaign, the company also holds a 20% stake in the Friday Gold Project, further diversifying its portfolio. The rising demand for copper, driven by electric vehicle production and renewable energy infrastructure, enhances the strategic importance of Majuba Hill. The project's progress aligns with Giant Mining's broader strategy of advancing high-value resource assets in stable, mining-friendly regions.
Ownership and Share Structure
According to Giant Mining Corp., approximately 14.8% of its shares are held by insiders. The remaining shares are held by retail investors.
Giant Mining Corp. has a market capitalization of approximately CA$21.01 million.
The company's shares are traded on the Canadian Securities Exchange (CSE) under the ticker BFG, on the Deutsche Boerse AG (DB) under the ticker YW5, and on the OTC Pink Sheets in the U.S. under the ticker BFGFF, with these listings active since December 2017.
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Important Disclosures:
- Giant Mining Corp. is a billboard sponsor of Streetwise Reports and pays SWR a monthly sponsorship fee between US$4,000 and US$5,000. In addition, Giant Mining Corp. has a consulting relationship with Street Smart an affiliate of Streetwise Reports. Street Smart Clients pay a monthly consulting fee between US$8,000 and US$20,000.
- As of the date of this article, officers and/or employees of Streetwise Reports LLC (including members of their household) own securities of Giant Mining Corp.
- James Guttman wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee.
- This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company.
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* Disclosure for the quote from the Clive Maund article published on January 13, 2025
- For the quoted article (published on January 13, 2025), the Company has paid Street Smart, an affiliate of Streetwise Reports, US$2,500.
- Author Certification and Compensation: [Clive Maund of clivemaund.com] is being compensated as an independent contractor by Street Smart, an affiliate of Streetwise Reports, for writing the article quoted. Maund received his UK Technical Analysts’ Diploma in 1989. The recommendations and opinions expressed in the article accurately reflect the personal, independent, and objective views of the author regarding any and all of the designated securities discussed. No part of the compensation received by the author was, is, or will be directly or indirectly related to the specific recommendations or views expressed
Clivemaund.com Disclosures
The quoted article represents the opinion and analysis of Mr. Maund, based on data available to him, at the time of writing. Mr. Maund's opinions are his own, and are not a recommendation or an offer to buy or sell securities. As trading and investing in any financial markets may involve serious risk of loss, Mr. Maund recommends that you consult with a qualified investment advisor, one licensed by appropriate regulatory agencies in your legal jurisdiction and do your own due diligence and research when making any kind of a transaction with financial ramifications. Although a qualified and experienced stock market analyst, Clive Maund is not a Registered Securities Advisor. Therefore Mr. Maund's opinions on the market and stocks cannot be only be construed as a recommendation or solicitation to buy and sell securities.