Copper Giant Resources (TSX.V: CGNT)
Reported the results of an independent geophysical modelling and predictive targeting study over its Mocoa copper-molybdenum porphyry project in Putumayo, Colombia.
The study covers an 81-square-kilometre area centered on the Mocoa deposit and defines 17 ranked target areas, 13 of them beyond the current resource footprint and its interpreted extensions.
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Macoa panoramic view – Courtesy of Copper Giant
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| Copper Giant | TSX.V: CGNT | |
| Stage | Exploration | |
| Metals | Copper, molybdenum | |
| Market cap | C$2089m @ C$1.14 | |
| Location | Colombia | |
| Website | www.coppergiant.co |
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Copper Giant Identifies Thirteen Targets Beyond the Mocoa Resource and Its Interpreted Extensions
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Seventeen ranked areas within a 9-by-9-kilometre study strengthens the exploration case around the Company’s billion-tonne inferred copper-molybdenum resource.
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VANCOUVER, BC,Sept. 16, 2026/CNW/ — Copper Giant Resources Corp. (“Copper Giant” or the“Company”) (TSXV: CGNT) (OTCQX: CGNRF) (FRA: 29H0) today reports the results of an independent geophysical modelling and predictive targeting study completed by Mira Geoscience Ltd. (“Mira”) over its Mocoa copper-molybdenum porphyry project in Putumayo, Colombia.
The study covers an 81-square-kilometre area centered on the Mocoa deposit and defines 17 ranked target areas, 13 of them beyond the current resource footprint and its interpreted extensions. Drilling continues at La Estrella, and the Preliminary Economic Assessment (“PEA”) remains on plan for delivery in the fourth quarter of 2026.
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Highlights
- A billion-tonne deposit, and geology that supports looking beyond it: Mocoa hosts an Inferred resources of 12.7 billion pounds (Blbs) copper-equivalent (CuEq*) at an average grade of 0.51% CuEq*, including 7.7 Blbs of copper at 0.31% Cu and 1.0 Blbs of molybdenum at 0.039% Mo, within 1.12 billion tonnes (Bt).
- Repeated mineralizing events over a fertile magmatic window of roughly ten million years, three high-grade cores (refer to news release dated October 7, 2025) and three drill-tested mineralized breccia corridors (refer to news release dated June 22, 2026), are consistent with more than one mineralized center.
- Thirteen targets beyond the resource and its interpreted extensions: two of the 17 ranked areas fall within or adjacent to the current resource footprint, two are interpreted extensions within 1.5 kilometres of it, and thirteen lie beyond (Figure 1, Table 1).
- Five of the Company’s 2022 targets corroborated: the model outlined five of the nine exploration targets the Company defined in 2022 without being provided those target outlines (refer to news release dated May 3, 2022).
- The strongest opportunity sits next to work already underway: the two highest-ranked areas outside the resource footprint sit 433 metres northeast (G01) and 1,304 metres south-southwest of it (G04), on the Mocoa – La Estrella corridor where drilling is underway and coincide with copper and molybdenum anomalies in surface sampling. The corridor remains undrilled for 1.7 kilometres south of the last hole.
- 81 square kilometres studied, more than 128,300 hectares in the land package: the same approach could be extended beyond it. The Company is evaluating options for a broader program in the Jurassic belt.
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Edwin Naranjo Sierra, Vice-President of Exploration commented,
“Mocoa already holds more than one billion tonnes, and it sits in a belt that remains underexplored.
“This study is the first pass across the core of that belt on ground we control, and it gives us thirteen places to test beyond the resource, next to where we are drilling.”
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To read the full news release please click HERE
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Disclosure
At the time of writing the author holds shares in Copper Giant.
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