Giant Mining Corp. (CSE: BFG; OTC:BFGFF; FWB:YW5) has finalized initial drill targeting for its upcoming Phase One Drill Program at the Majuba Hill Copper-Silver-Gold deposit in Nevada. The targeting process was conducted in collaboration with Exploration Technologies Inc. (ExploreTech), which utilized its proprietary Engine AI platform and cloud computing technology to refine drill plans.
The drill program is set to include four holes, each planned to a depth of 1,100 feet (335 meters), with the option to extend up to 1,600 feet (487 meters) based on technical discretion. This initiative follows prior exploration efforts that have identified a significant copper-silver mineralization zone, including insights from drill hole MHB-30, completed in 2024. ExploreTech's AI-assisted modeling incorporated data from over 80 previous drill holes, extensive geological mapping, geophysics, and surface and underground sampling.
Tyler Hall, President of Exploration Technologies, stated in the press release, "After numerous, detailed discussions with the Majuba team, we initiated a compute process that took approximately one full week of 24/7 cloud computation. Serious computing power went into processing the wealth of data at Majuba, and we are very satisfied with the results."
Giant Mining Corp. President and CEO David Greenway added, "We are thrilled with the results of ExploreTech's initial modeling. Preparations are beginning now for the 2025 exploration and development drilling season at Majuba Hill. With over 100 drill holes completed to date and more than 80,000 feet of drilling, we believe 2025 will be a significant year for advancing this project."
Tariff Uncertainty Reshapes Copper Market as U.S. Weighs Trade Measures
Reuters reported on February 26 that the copper market reacted to potential U.S. tariffs, with price discrepancies emerging between the London Metal Exchange (LME) and the Chicago Mercantile Exchange (CME). The price premium on CME copper rose significantly following the announcement of a Section 232 investigation into U.S. copper imports. U.S. Secretary of Commerce Howard Lutnick stated, "It's time for copper to come home," referencing efforts to bolster domestic production. Analysts noted that physical copper flows were already shifting, as evidenced by a significant drawdown of LME-stored copper in anticipation of U.S. demand adjustments.
On March 5, 2025, Technical Analyst Clive Maund shared an update on Giant Mining, saying, "This is, therefore, considered to be an excellent time to buy Giant Mining or add to positions in it."
On February 28, the Associated Press reported that President Donald Trump's executive order placed copper at the center of domestic mineral policy, emphasizing the need for increased U.S. smelting and refining capacity.
Debra Struhsacker, a mining industry policy consultant, described copper as "the most critical" metal for electricity transmission and renewable energy systems. The U.S. Geological Survey estimated that while the U.S. mined 1.1 million tons of copper in 2024, it imported 810,000 tons, primarily in refined form. The National Mining Association projected that copper demand could double by 2030, driven by infrastructure expansion and clean energy initiatives.
In an article published on March 3, the Financial Times reported that global copper smelters faced challenges as China expanded its smelting capacity, now controlling approximately half of the global market. Analysts at RBC noted that Chinese smelters created pricing pressures that led to historically low processing fees. Duncan Hobbs, an analyst at Concord Resources, stated, "Smelter margins are being squeezed," while Albert Mackenzie from Fastmarkets added, "They [fees] are the lowest they've been in living memory." Glencore's decision to halt operations at its Pasar smelter in the Philippines was attributed to "increasingly challenging market conditions."
Also, on March 3, USA Today cited a JP Morgan report forecasting a refined copper deficit of 160,000 metric tons by 2026. The report projected copper prices to average US$11,000 per metric ton in 2026. The firm highlighted the risk of a 10% tariff on refined copper imports, with the possibility of a 25% rate. "This remains the greatest downside risk to our forecasted tightening in copper markets," the bank noted.
Giant Mining Targets Resource Expansion at Majuba Hill Amid Rising Copper Demand
Giant Mining Corp. has outlined key milestones for the Majuba Hill project in its latest investor presentation, emphasizing the property's potential for significant copper, silver, and gold mineralization. The company's exploration efforts are strategically positioned to align with the rising demand for copper, a critical metal for the electric vehicle (EV) and renewable energy industries.
The Majuba Hill project spans 9,684 acres and is located in Nevada, which ranks as the top mining jurisdiction globally, according to the Fraser Institute. The site benefits from established infrastructure, including road access, power availability, and proximity to major mining hubs in Winnemucca, Elko, and Reno. The project's historical drilling, totaling over 83,000 feet, has identified a mineralized system with characteristics of large porphyry copper deposits.
Giant Mining's exploration strategy included deep drilling, step-out drilling, and continued geophysical surveying to expand known mineralization zones. The company secured funding for the 2025 drilling campaign, which aimed to further define the deposit's resource potential.
With the increasing demand for copper in electrification and clean energy initiatives, the Majuba Hill project presented an opportunity for future resource expansion. Giant Mining's ongoing work sought to advance the project towards delineating a significant copper resource, positioning it as a potential contributor to the global copper supply chain.
Analysts Highlight Majuba Hill's Potential and Bullish Outlook for Giant Mining
According to John Newell of John Newell & Associates in a January 13 report, Majuba Hill was recognized as a promising copper asset, benefiting from both high-grade mineralization and strong exploration results. He highlighted the project's dual oxide and sulfide copper systems and noted that recent drill results, including 66.4 meters at 1.35% copper, demonstrated the site's potential. Newell also pointed to the company's ongoing drilling program and its progress toward defining a maiden resource estimate in 2025 as key catalysts.
He stated, "Giant Mining's systematic approach to exploration, coupled with its focus on high-grade copper assets, positions it as a standout player in the junior mining space." He also cited the increasing demand for copper in electric vehicles and renewable energy as a favorable macroeconomic factor that could further enhance the company's value.
*Also on January 13, Technical Analyst Clive Maund provided a bullish outlook on Giant Mining, rating the company a Strong Buy across all time horizons. He observed that the company's stock appeared to be forming a breakout pattern, supported by increasing trading volume and accumulation. Maund noted, "Giant Mining is now beginning the process of breaking out of a low base pattern, with volume indications suggesting that a major bull market is ahead." He pointed to the company's recent financing success, which secured the 2025 drill program, as a key development positioning it for future growth. Additionally, Maund cited CEO David Greenway's confidence in copper's price trajectory, stating that industry insiders foresaw a "breakout year for copper, with potential for $5-plus per pound on the horizon."
Streetwise Ownership Overview*
Giant Mining Corp. (CSE: BFG;OTC:BFGFF;FWB:YW5)
On March 5, 2025, Clive Maund shared an update on Giant Mining, saying, "This is, therefore, considered to be an excellent time to buy Giant Mining or add to positions in it."
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$22.05 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.
Want to be the first to know about interesting Critical Metals and Base Metals investment ideas? Sign up to receive the FREE Streetwise Reports' newsletter.
Subscribe
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.
- 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.
For additional disclosures, please click here.
* 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.