Latest news with #ExploreTech
Yahoo
12-05-2025
- Business
- Yahoo
Giant Mining Intersects ExploreTech-Predicted Mineralization, Indicating Potential Extension or New Discovery at Majuba Hill Copper-Silver-Gold Project, Nevada
VANCOUVER, BRITISH COLUMBIA - May 12, 2025 (NEWMEDIAWIRE) - Giant Mining Corp. (CSE: BFG | OTC: BFGFF | FWB: YW5) (CSE: ("Giant Mining" or the "Company") is pleased to provide the following update on Hole MHB-36 ("MHB-36"). MHB-36 is the fifth and final hole of the 2025 diamond core drilling program (the "Core Program"), at the Majuba Hill Porphyry Copper-Silver-Gold Deposit ("Majuba Hill") in Pershing County, Nevada. The hole was completed to 1100 feet (335.3 m). The Company further announces it is fully funded for a follow-on drill program at Majuba Hill. Notably, Hole MHB-36 was strategically designed using Exploration Technologies, Inc. ("ExploreTech") and its proprietary probabilistic AI-driven geophysical modeling, significantly enhancing the Company's targeting capabilities for this phase of the program. ExploreTech's software automatically optimizes drill targeting - enabling companies to make smarter, faster, and more cost-effective drilling decisions. Figure 1: 3D Model of Majuba Hill, showing the five drill collars and summarized results for MHB-36. Right: Downhole plot of drilling results and ExploreTech prediction, showing predicted probability of sulfide mineralization and the true intersection (dashed grey). MHB-36 intersected visual disseminated and vein-hosted chalcopyrite mineralization within the targeted breccia zone, beginning at a downhole depth of 650 ft (198 m). Mineralization was observed intermittently continuing beyond 905 ft (274.32 m). Figure 2: MHB-36/935 feet (285 m). Intrusive with disseminated chalcopyrite. Figure 3: MHB-36/ 795 feet (242.3 m). Hornfelsed Auld Lang Syne Metasediments with Chalcopyrite in core box and close-up view. As stated in the May 9, 2025 news release, the fifth drill hole originally targeted a depth of 1,000 ft (305 m), inclined at 70 with an azimuth of 220. The hole was designed by ExploreTech using its proprietary AI-assisted geophysical modeling system to target a high-potential resistivity anomaly identified in the southern sector of the project area. Upon completion of these five drill holes, the Company's cumulative exploration and development drilling will exceed 88,000 ft (26,822 m), providing a significantly enhanced geological and geophysical dataset to refine the deposit model and guide subsequent resource estimation. The intersection of the targeted mineralization, as predicted by ExploreTech's AI-assisted geophysical modeling, provides a critical foundation for optimizing the design of the Company's subsequent drill programs planned for 2025, 2026, and beyond. Figure 4: Location for AI-Assisted Drill Hole Targeting for MHB-36 Designed by ExploreTechDavid Greenway, CEO of Giant Mining, commented: "The future is now. ExploreTech's cutting-edge AI technology, combined with the expertise of our technical team at Giant Mining, is transforming how we explore and unlock the full potential of Majuba Hill. The AI models predicted mineralization starting between 600 and 700 ft, and our team intersected the target zone within just 50 ft of those projections - a remarkable validation of this technology. Artificial intelligence is reshaping the future of mineral exploration and deposit development, not only in the U.S. but worldwide. We're proud to be at the forefront of this transformation, investing in innovation today that will drive success at Majuba Hill through 2026 and well beyond." The primary objective of the Core Program is to expand the known zones of copper mineralization at Majuba Hill and advance the project toward a new Mineral Resource Estimate ("MRE"). Tyler Hall, Co-Founder and President of ExploreTech, stated: "We are thrilled to see these drilling results; the nature of this new sulfide zone could link the breccias above with large porphyry style mineralization below. This step-out drillhole expands the potential at Majuba. Furthermore, with these results, ExploreTech's drilling recommendations have correctly intersected the source of geophysical anomalies 7 out of 7 times, and this marks the first time we are sharing real-world results with the broader public. We've repeatedly seen our Inverter and Driller tools, built on the ExploreTech Engine, improve interpretation timelines and drilling accuracy on multiple deposit styles, with multiple geophysical techniques. This collaboration with the Giant Mining team has not only delivered remarkable accuracy in targeting mineralization but is also setting the stage for continuous optimization as new drilling data is incorporated. We're proud to support Giant Mining as they advance Majuba Hill into 2026 and beyond, and we look forward to the discoveries that lie ahead." Figure 5: Majuba Hill 2025 Drill Hole Locations About Exploration Technologies Inc. ExploreTech's AI approach uses Inverter and Driller; two APIs built on top of The ExploreTech Engine cloud computing orchestration system. Inverter is specifically designed to combine surface geology and drilling results with computationally intensive modeling of existing geophysical datasets to optimize targeting of covered targets. Driller then generates drillhole trajectories designed to cut those clusters most effectively. ExploreTech first combines the geological concept with AI geophysical simulation to identify and locate where the source of a geophysical anomaly actually lies. This is done by testing thousands of possible explanations (models) for anomalies measured at the surface and selecting only those that closely match the real-world geophysics. The selected models of the combined geology and geophysics cluster around the most likely location of the anomaly. The program then evaluates the clusters in three dimensions to determine the optimal drilling trajectory to pierce as many of the target anomalies as possible. The entire process can be rerun as drill results for specific targets, or additional geophysical surveying, adds new information allowing improved vectoring to the best mineralized parts of a given ore system. This use of AI to reveal and reinforce target anomalies in existing geophysical datasets is a significant new exploration tool and has already been applied in several cases, some are viewable at The Company will provide regular updates as the drill program progresses, including assay results, geological observations, and any significant developments encountered during drilling. These updates will keep shareholders and stakeholders informed on the advancement of the Majuba Hill project and its potential to support a future resource estimate. Majuba Hill's critically important characteristics are as follows: Location: Nevada, USA - a globally top-ranked mining jurisdiction, ranked #1 in the Fraser Institute's 2022 Annual Survey of Mining Companies. Project Size: 9,684 Acres Infrastructure: The Majuba Hill property is 113 road km (70 miles) southwest of Winnemucca, Nevada, and 251 km (156 miles) northeast of Reno. Access is by well-maintained county roads from the Imlay, Nevada exit on U.S. Interstate 80, and traveling westward 23 miles. People, Roads, Power and Water are the basic elements when considering infrastructure and Majuba Hill already has a solid infrastructure foundation for building a large facility which will provide significant savings compared to more remote projects History: Historical Producer Drilling: Approximately 88,795 feet of drilling to date. Rough replacement value of drilling USD $12.1 Million using current costs. Mineralization: The project shows indications of a potentially large Cu Ag +/- Au mineralized body with many features in common with both large porphyry copper, silver, and gold projects. Expandability: The IP survey, deep drilling, and step-out drilling indicate significant expansion potential, with mineralization open in all directions. Fully Financed: Secured funding for 2025 Drilling Campaign Qualified Person The scientific and technical information contained in this news release has been reviewed and approved by E.L. "Buster" Hunsaker III, CPG 8137, a non-independent consulting geologist who is a "Qualified Person" as such term is defined under National Instrument 43-101 Standards of Disclosure for Mineral Projects ("NI 43- 101"). About Giant Mining Corp. Giant Mining is focused on identifying, acquiring, and advancing late-stage copper and copper/silver/gold projects to meet the growing global demand for critical metals. This demand is driven by initiatives like the Green New Deal in the United States and similar climate-focused programs worldwide, which require substantial amounts of copper, silver, and gold for electric vehicles, renewable energy infrastructure, and the modernization of clean and affordable energy Company's flagship asset is the Majuba Hill Copper, Silver, and Gold District, located 156 miles (251 km) from Reno, Nevada. Majuba Hill is situated in a mining-friendly jurisdiction with supportive regulations and has the potential to become one of the next major copper deposits, critical for meeting the increasing need for this red the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this Behalf of the Board of Giant Mining Corp."David Greenway"David C. Greenway President & CEO For further information, please contact:E: info@ 1 (236) 788-0643 VISIT OUR WEBSITE FOR MORE AND FOLLOWInstagram, Facebook, Twitter, LinkedIn Forward-Looking Statements This news release contains certain forwardlooking information. Such information involves known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from those implied by statements herein, and therefore these statements should not be read as guarantees of future performance or results. All forwardlooking statements are based on the Company's current beliefs as well as assumptions made by and information currently available to it as well as other factors. Readers are cautioned not to place undue reliance on these forwardlooking statements, which speak only as of the date of this press release. Due to risks and uncertainties, including the risks and uncertainties identified by the Company in its public securities filings, actual events may differ materially from current expectations. The Company disclaims any intention or obligation to update or revise any forwardlooking statements, whether as a result of new information, future events or otherwise.
Yahoo
03-04-2025
- Business
- Yahoo
Giant Mining Adds AI-Driven Fifth Drill Hole to 2025 Majuba Hill Program in Collaboration With ExploreTech
VANCOUVER, BRITISH COLUMBIA - April 3, 2025 (NEWMEDIAWIRE) - Giant Mining Corp. (CSE: BFG | OTC: BFGFF | FWB: YW5) ("Giant Mining" or the "Company") is pleased to announce that Hole MHB-32 ("MHB-32") has been successfully drilled to a total depth of 889.5 feet (271.1 meters). MHB-32 is the first hole of the 2025 diamond core drilling program (the "Core Program"), currently underway at the Majuba Hill Porphyry Copper-Silver-Gold Deposit ("Majuba Hill") in Pershing County, Nevada. Following the encouraging visual results from Hole MHB-32, a fifth hole has been added to the 2025 diamond core drilling program. This new hole was designed by Exploration Technologies ("ExploreTech") to specifically target a high-potential southern resistivity anomaly identified by its proprietary AI program. As previously stated, the primary objective of the Core Program is to expand the known zones of copper mineralization at Majuba Hill and advance the project toward a new Mineral Resource Estimate ("MRE"). David Greenway, CEO of Giant Mining, commented: "We are thrilled with the continued success of the 2025 drill program and encouraged by our team's recommendation to add an additional hole to the plananother key step toward advancing Majuba Hill to a new NI 43-101 mineral resource estimate. This hole, designed in collaboration with ExploreTech, will test a high-potential southern resistivity anomaly identified by the ExploreTech AI program. The scale and potential of this system continue to impress, and this phase of drilling is critical to unlocking further value for our shareholders. With copper prices near all-time highs and growing urgency to develop domestic U.S. copper sources, the timing has never been better. The entire team at Giant Mining has never had more conviction in advancing Majuba Hill toward its true potential." Big Sky Exploration, LLC ("Big Sky") of Eureka, Nevada, successfully completed drilling of Hole MHB-32 and mobilized the drill rig to a new pad where Hole MHB-33 is scheduled to be drilled. MHB-32 was quick-logged and tagged for sampling on-site by Giant Mining geologists (Figure 2), as part of the Company's efforts to efficiently advance the 2025 Core Program at Majuba Exploration Technologies Inc. ExploreTech's AI approach is specifically designed to combine surface geology and drilling results with computationally intensive remodeling of existing geophysical datasets to optimize targeting of covered targets. The process quickly generates thousands of solutions that cluster on the best fits between the geological and geophysical data and then generates drillhole trajectories designed to cut those clusters most effectively. ExploreTech first combines the geological concept with AI geophysical simulation to identify and locate where the source of a geophysical anomaly actually lies. This is done by testing thousands of possible explanations (models) for anomalies measured at the surface and selecting only those that closely match the real-world geophysics. The selected models of the combined geology and geophysics cluster around the most likely location of the anomaly. The program then evaluates the clusters in three dimensions to determine the optimal drilling trajectory to pierce as many of the target anomalies as possible. The entire process can be rerun as drill results for specific targets, or additional geophysical surveying, adds new information allowing improved vectoring to the best mineralized parts of a given ore system. This use of AI to reveal and reinforce target anomalies in existing geophysical datasets is a significant new exploration tool and has already been applied in several cases, some are viewable at core samples from MHB-32 will be securely transported to Giant Mining's secured warehouse facility in Elko, Nevada. At this location, the cores will undergo systematic sawing. Following this, the processed samples will be sent to ALS Group USA, Corp. ("ALS Labs") in Elko, Nevada. At ALS Labs, the samples will undergo rigorous analyses, including assays for copper, silver, gold, and other trace elements, to accurately assess the mineral content and support ongoing exploration efforts at Majuba Hill. As previously reported in the March 17, 2025 news release, the 2025 Core Program has been designed to follow up on high-grade copper mineralization intersected in breccias from the 2024 core holes MHB-30 ("MHB-30") and MHB-31 ("MHB-31") and extend the high-grade copper zones below the historic underground workings (Figure 3).The Company will provide regular updates as the drill program progresses, including assay results, geological observations, and any significant developments encountered during drilling. These updates will keep shareholders and stakeholders informed on the advancement of the Majuba Hill project and its potential to support a future resource estimate. Quality Assurance/Quality Control ("QA/QC") Measures, Chain of Custody The Company utilizes a QA/QC program using best industry practices at the Majuba Hill Project. The samples are placed in cloth or plastic sample bags and are transported from the Majuba Hill to the Giant Mining secure warehouse for core sawing and processing and then samples are delivered to the ALS Labs sample prep facility in Elko, Nevada. ALS then transports the prepared pulps to their analytical lab in North Vancouver, B.C. Drill core samples are sawn in half lengthwise and one half is placed in labeled cloth sample bags. All samples are analyzed for copper, gold, silver, and 33 other elements. Gold is determined by ALS Labs method Au-AA23 which is a fire assay with an AAS finish on a 30-gram split. Copper, silver, and the remaining 31 elements are determined by ALS Labs method ME-ICP61 which is a four-acid digestion and ICP-AES assay. Approximately 5% of the submitted samples are drill duplicates and copper-gold-porphyry commercial standard reference material pulps. The remaining sample pulps are retrieved from ALS Minerals and retained by the Company for future metallurgical testing. Majuba Hill's critically important characteristics are as follows: Location: Nevada, USA a globally top-ranked mining jurisdiction, ranked #1 in the Fraser Institute's 2022 Annual Survey of Mining Companies. Project Size: 9,684 Acres Infrastructure: The Majuba Hill property is 113 road km (70 miles) southwest of Winnemucca, Nevada, and 251 km (156 miles) northeast of Reno. Access is by well-maintained county roads from the Imlay, Nevada exit on U.S. Interstate 80, and traveling westward 23 miles. People, Roads, Power and Water are the basic elements when considering infrastructure and Majuba Hill already has a solid infrastructure foundation for building a large facility which will provide significant savings compared to more remote projects History: Historical Producer Drilling: 83,930 feet of drilling to date. Rough replacement value of drilling USD $10.4 Million in development costs. Mineralization: The project shows indications of a potentially large Cu Ag +/- Au mineralized body with many features in common with both large porphyry copper, silver, and gold projects. Expandability: The IP survey, deep drilling, and step-out drilling indicate significant expansion potential, with mineralization open in all directions. Fully Financed: Secured funding for 2025 Drilling Campaign Qualified Person The scientific and technical information contained in this news release has been reviewed and approved by E.L. "Buster" Hunsaker III, CPG 8137, a non-independent consulting geologist who is a "Qualified Person" as such term is defined under National Instrument 43-101 Standards of Disclosure for Mineral Projects (). About Giant Mining Corp. Giant Mining is focused on identifying, acquiring, and advancing late-stage copper and copper/silver/gold projects to meet the growing global demand for critical metals. This demand is driven by initiatives like the Green New Deal in the United States and similar climate-focused programs worldwide, which require substantial amounts of copper, silver, and gold for electric vehicles, renewable energy infrastructure, and the modernization of clean and affordable energy Company's flagship asset is the Majuba Hill Copper, Silver, and Gold District, located 156 miles (251 km) from Reno, Nevada. Majuba Hill is situated in a mining-friendly jurisdiction with supportive regulations and has the potential to become one of the next major copper deposits, critical for meeting the increasing need for this red metal. Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release. On Behalf of the Board of Giant Mining Corp."David Greenway"David C. GreenwayPresident & CEO For further information, please contact:E: info@ 1 (236) 788-0643 Instagram, Facebook, Twitter, LinkedInThis news release contains certain forwardlooking information. Such information involves known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from those implied by statements herein, and therefore these statements should not be read as guarantees of future performance or results. All forwardlooking statements are based on the Company's current beliefs as well as assumptions made by and information currently available to it as well as other factors. Readers are cautioned not to place undue reliance on these forwardlooking statements, which speak only as of the date of this press release. Due to risks and uncertainties, including the risks and uncertainties identified by the Company in its public securities filings, actual events may differ materially from current expectations. The Company disclaims any intention or obligation to update or revise any forwardlooking statements, whether as a result of new information, future events or otherwise. View the original release on Sign in to access your portfolio
Yahoo
25-03-2025
- Business
- Yahoo
Giant Mining Corp. Announces Drilling Underway at Majuba Hill Copper-Silver-Gold Deposit in Nevada, USA
VANCOUVER, BRITISH COLUMBIA - March 25, 2025 (NEWMEDIAWIRE) - Giant Mining Corp. (CSE: BFG | OTC: BFGFF | FWB: YW5) ("Giant Mining" or the "Company") is pleased to announce that core drilling is underway at its flagship Majuba Hill Porphyry Copper Project ("Majuba Hill") in Pershing County, Nevada. The first drill hole, MHB-32, has commenced with the primary objective of expanding known zones of copper mineralization and advancing toward a new Mineral Resource Estimate ("MRE"). The 2025 Core Program has been designed to follow up on high-grade copper mineralization intersected in breccias from the 2024 core holes MHB-30 ("MHB-30") and MHB-31 ("MHB-31") and extend the high-grade copper zones below the historic underground workings. David Greenway, CEO of Giant Mining, commented: "We are excited to begin drilling at Majuba Hill as we advance the project toward an updated resource estimate. The scale and potential of this system continue to impress, and this phase of drilling is critical in unlocking further value for our shareholders. It's also worth noting that copper is currently trading at approximately $5.12 per pound, significantly higher than during our last drill program when prices were under $4.00. This increase enhances the in-situ value of our mineralized rock year over year and reinforces the importance of advancing exploration at Majuba Hill at this pivotal time." The planned drill program includes up to 4 holes totaling 4,400 feet (1,340 meters) within the current exploration target area at Majuba Hill. A minimum of 2,600 feet (792 meters) will be drilled under the existing contract, with no maximum limit, allowing for flexibility based on results. Each hole is initially planned to a depth of 1,100 feet (335 meters), with the potential to extend to 1,600 feet (487 meters) if mineralization continues at depth. As previously reported in the March 17, 2025 News release, the drill hole targets were developed through a collaborative effort between Giant Mining and Exploration Technologies ("ExploreTech"). ExploreTech was engaged to apply its proprietary Engine AI artificial intelligence and cloud computing platform to analyze the planned core drilling program. The platform focused on identifying breccia zones and large low-resistivity anomalies. This collaboration leveraged Giant's extensive geophysical and drilling database to generate high-priority targets with greater precision. E.L. "Buster" Hunsaker, Senior Consulting Geologist, added: "We're drilling MHB-32 into the heart of the porphyry system. Based on previous data and alteration patternsparticularly the breccias observed in 2024 core holes MHB-30 and MHB-31we believe this hole will further define the mineralized zone and potentially confirm deeper extensions of the copper system at Majuba Hill." Figure 1: Drill Team and Equipment on Site for 2025 Drill Program The Company will provide regular updates as the drill program progresses, including assay results, geological observations, and any significant developments encountered during drilling. These updates will keep shareholders and stakeholders informed on the advancement of the Majuba Hill project and its potential to support a future resource estimate. Click Here to see Figure 2: Majuba Hill 2025 Proposed Drill Hole Locations Majuba Hill's critically important characteristics are as follows: Location: Nevada The #1 mining jurisdiction on the planet according to the Fraser Institute Project Size: 9,684 Acres Infrastructure: The Majuba Hill property is 113 road km (70 miles) southwest of Winnemucca, Nevada, and 251 km (156 miles) northeast of Reno. Access is by well-maintained county roads from the Imlay, Nevada exit on U.S. Interstate 80, and traveling westward 23 miles. People, Roads, Power and Water are the basic elements when considering infrastructure and Majuba Hill already has a solid infrastructure foundation for building a large facility which will provide significant savings compared to more remote projects History: Historical Producer Drilling: 83,930 feet of drilling to date. Rough replacement value of drilling USD $10.4 Million in development costs. Mineralization: The project shows indications of a potentially large Cu Ag +/- Au mineralized body with many features in common with both large porphyry copper, silver, and gold projects. Expandability: The IP survey, deep drilling, and step-out drilling indicate significant expansion potential, with mineralization open in all directions. Fully Financed: Secured funding for 2025 Drilling Campaign Qualified Person The scientific and technical information contained in this news release has been reviewed and approved by E.L. "Buster" Hunsaker III, CPG 8137, a non-independent consulting geologist who is a "Qualified Person" as such term is defined under National Instrument 43-101 Standards of Disclosure for Mineral Projects ("NI 43- 101"). About Giant Mining Corp. Giant Mining Corp. is focused on identifying, acquiring, and advancing late-stage copper and copper/silver/gold projects to meet the growing global demand for critical metals. This demand is driven by initiatives like the Green New Deal in the United States and similar climate-focused programs worldwide, which require substantial amounts of copper, silver, and gold for electric vehicles, renewable energy infrastructure, and the modernization of clean and affordable energy systems. The Company's flagship asset is the Majuba Hill Copper, Silver, and Gold District, located 156 miles (251 km) from Reno, Nevada. Majuba Hill is situated in a mining-friendly jurisdiction with supportive regulations and has the potential to become one of the next major copper deposits, critical for meeting the increasing need for this red metal. Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release. On Behalf of the Board of Giant Mining Corp. "David Greenway"David C. GreenwayPresident & CEO For further information, please contact:E: info@ 1 (236) 788-0643 Instagram, Facebook, Twitter, LinkedInThis news release contains certain forwardlooking information. Such information involves known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from those implied by statements herein, and therefore these statements should not be read as guarantees of future performance or results. All forwardlooking statements are based on the Company's current beliefs as well as assumptions made by and information currently available to it as well as other factors. Readers are cautioned not to place undue reliance on these forwardlooking statements, which speak only as of the date of this press release. Due to risks and uncertainties, including the risks and uncertainties identified by the Company in its public securities filings, actual events may differ materially from current expectations. The Company disclaims any intention or obligation to update or revise any forwardlooking statements, whether as a result of new information, future events or otherwise. View the original release on Sign in to access your portfolio
Yahoo
28-02-2025
- Business
- Yahoo
Giant Mining Corp. to Attend PDAC 2025 With ExploreTech at Booth #3007, Metro Toronto Convention Centre
VANCOUVER, BRITISH COLUMBIA - February 27, 2025 (NEWMEDIAWIRE) - Giant Mining Corp. (CSE: BFG | OTC: BFGFF | FWB: YW5) ("Giant Mining" or the "Company") is pleased to announce its participation in the upcoming Prospectors & Developers Association of Canada ("PDAC") Convention. The event will take place at the Metro Toronto Convention Centre (MTCC) from Sunday, March 2, to Wednesday, March 5, 2025. Giant Mining will have a booth at the Investor's Exchange, where attendees can meet the team and learn more about the company's latest developments. The Company invites attendees to visit us at Booth #3007 at the Investor's Exchange to learn more about our emerging copper, gold, and silver discovery in Nevada. Meet our team, explore investment opportunities, and discover the potential of our latest findings. See you at PDAC! Giant Mining's CEO, David Greenway stated, "We're excited to connect with stakeholders, as well as the financial, mining, and exploration communities at PDAC. Our team will highlight the progress at Majuba Hill and share insights into our upcoming 2025 drill program for the Majuba Hill Copper-Silver Project in Nevada, USA. We invite all attendees to visit booth #3007 anytime from March 25 to meet our team. On Monday, March 5, we'll also be joined by ExploreTech, which is collaborating with our technical team to enhance exploration through A.I. modeling." ExploreTech will be attending Giant Mining Corp's Booth #3007 at PDAC on Monday, March 3rd, 2025, from 11:30 AM to 1:00 PM EST. About Exploration Technologies Inc. (ExploreTech) ExploreTech's AI approach is specifically designed to combine surface geology and drilling results with computationally intensive remodeling of existing geophysical datasets to optimize targeting of covered targets. The process quickly generates thousands of solutions that cluster on the best fits between the geological and geophysical data and then generates drillhole trajectories designed to cut those clusters most effectively. ExploreTech first combines the geological concept with AI geophysical simulation to identify and locate where the source of a geophysical anomaly actually lies. This is done by testing thousands of possible explanations (models) for anomalies measured at the surface and selecting only those that closely match real-world geophysics. The selected models of the combined geology and geophysics cluster around the most likely location of the anomaly. The program then evaluates the clusters in three dimensions to determine the optimal drilling trajectory to pierce as many of the target anomalies as possible. The entire process can be rerun as drill results for specific targets, or additional geophysical surveying, adds new information allowing improved vectoring to the best mineralized parts of a given ore system. This use of AI to reveal and reinforce target anomalies in existing geophysical datasets is a significant new exploration tool and has already been applied in several cases, some are viewable at ExploreTech's website About PDAC The World's Premier Mineral Exploration & Mining Convention is the leading convention for people, governments, companies, and organizations connected to mineral exploration. In addition to meeting more than 1,100 exhibitors, 2,500 investors and 26,000 attendees in person in 2024, participants could also attend programming, courses and networking events. The annual convention is held in Toronto, Canada. It has grown in size, stature and influence since it began in 1932 and today is the event of choice for the world's mineral industry. For more information and/or to register for the conference please visit: of Majuba Hill's critically important characteristics are as follows: Location: Nevada The #1 mining jurisdiction on the planet according to the Fraser Institute Project Size: 9,684 Acres Infrastructure: The Majuba Hill property is 113 road km (70 miles) southwest of Winnemucca, Nevada, and 251 km (156 miles) northeast of Reno. Access is by well-maintained county roads from the Imlay, Nevada exit on U.S. Interstate 80, and traveling westward 23 miles. People, Roads, Power and Water are the basic elements when considering infrastructure and Majuba Hill already has a solid infrastructure foundation for building a large facility which will provide significant savings compared to more remote projects. History: Historical Producer Drilling: 82,614 feet of drilling to date. Rough replacement value of drilling USD $10.4 Million in development costs. Mineralization: The project shows indications of a potentially large Cu Ag +/- Au mineralized body with many features in common with both large porphyry copper, silver, and gold projects. Expandability: The IP survey, deep drilling, and step-out drilling indicate significant expansion potential, with mineralization open in all directions. Fully Financed: Secured funding for 2025 Drilling Campaign Qualified Person The scientific and technical information contained in this news release has been reviewed and approved by E.L. "Buster" Hunsaker III, CPG 8137, a non-independent consulting geologist who is a "Qualified Person" as such term is defined under National Instrument 43-101 Standards of Disclosure for Mineral Projects ("NI 43- 101"). About Giant Mining Corp. Giant Mining Corp. is focused on identifying, acquiring, and advancing late-stage copper and copper/silver/gold projects to meet the growing global demand for critical metals. This demand is driven by initiatives like the Green New Deal in the United States and similar climate-focused programs worldwide, which require substantial amounts of copper, silver, and gold for electric vehicles, renewable energy infrastructure, and the modernization of clean and affordable energy systems. The Company's flagship asset is the Majuba Hill Copper, Silver, and Gold District, located 156 miles (251 km) from Reno, Nevada. Majuba Hill is situated in a mining-friendly jurisdiction with supportive regulations and has the potential to become one of the next major copper deposits, critical for meeting the increasing need for this red metal. Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release. On Behalf of the Board of Giant Mining Corp."David Greenway"David C. GreenwayPresident & CEO For further information, please contact:E: info@ 1 (236) 788-0643 Instagram, Facebook, Twitter, LinkedIn This news release contains certain forwardlooking information. Such information involves known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from those implied by statements herein, and therefore these statements should not be read as guarantees of future performance or results. All forwardlooking statements are based on the Company's current beliefs as well as assumptions made by and information currently available to it as well as other factors. Readers are cautioned not to place undue reliance on these forwardlooking statements, which speak only as of the date of this press release. Due to risks and uncertainties, including the risks and uncertainties identified by the Company in its public securities filings, actual events may differ materially from current expectations. The Company disclaims any intention or obligation to update or revise any forwardlooking statements, whether as a result of new information, future events or otherwise. Sign in to access your portfolio
Yahoo
10-02-2025
- Business
- Yahoo
Giant Mining Corp. and ExploreTech AI Modeling Underway for the Majuba Hill Copper Deposit in Preparation of 2025 Drill Campaign
VANCOUVER, BRITISH COLUMBIA - February 10, 2025 (NEWMEDIAWIRE) - Giant Mining Corp. (CSE: BFG | OTC: BFGFF | FWB: YW5) ("Giant Mining" or the "Company") is pleased to announce the Company has entered the next phase of its recently announced engagement with Exploration Technologies Inc. ("ExploreTech") from San Diego, California to apply their AI drill-planning technology to Giant's Majuba Hill Copper Deposit ("Majuba Hill") Pershing County, Nevada, USA. In preparation for the upcoming drill program, ExploreTech will use its Engine AI and cloud computing platform in conjunction with Giant's expert geology team to optimize trajectory, target generation, and resource definition. Majuba Hill has a wealth of exploration data that has been collected since the 1940s. This data will be synthesized in a manner that maximizes the probability of success for the upcoming drill program. The Company has made the initial payment for this next stage of exploration and development. ExploreTech will take into consideration the proposed 2025 drilling campaigns along with previous exploration data. This data consists of over 80 previous drill holes and over 83,000 feet of drilling, along with the results of previous extensive surface sampling, geological mapping, geophysics, underground sampling, rigorous studies, and analysis. ExploreTech will generate operational plans to achieve the best outcome for 2025 and provide further insight into the large copper target generated by the last 4 years of exploration by the Company. The 2025 Phase 1 drill program will consist of 4 drill holes for a total of 4,400 feet of drilling of 1,100 feet (335 meters) per hole. The Company has allowed for drilling to continue up to 1,600 feet (487 meters) per hole at the technical team's discretion. The drilling will follow up hole MHB-30 ("MHB-30") drilled in 2024 which encountered high-grade copper-silver will generate thousands of possible geological models and numerous optimized drilling campaigns which meet operational constraints and management goals. The analysis will prioritize three goals: - High-grade copper-silver zones within the Southern Breccia Corridor - Expansion opportunities around the known higher-grade domains - Identify the source porphyry which drives the mineralized breccias above. The underlying AI technology is co-developed by ExploreTech's founders based on their PhD research at Stanford University. This AI drill targeting tool forms the foundation of the next generation of mineral exploration technologies, used with success at multiple locations worldwide. Alex Miltenberger, ExploreTech CEO, states: "With access to the Company's data room we are excited to get the survey and analysis underway. We are excited by the Majuba Hill Copper deposit and the prospect of working with the team at Giant Mining on what should be a transformative year for the Company." "We are excited to commence this next phase of working with the team at ExploreTech in preparation for our upcoming drill program at Majuba Hill," said David Greenway, CEO of Giant Mining. "2025 aims to be Majuba Hill and Giant Mining's most critical and exciting year yet and we couldn't be feeling more motivated by what we look to achieve and the outcome it could present for Giant Mining and its stakeholders." About Exploration Technologies Inc. ExploreTech's AI approach is specifically designed to combine surface geology and drilling results with computationally intensive remodeling of existing geophysical datasets to optimize targeting of covered targets. The process quickly generates thousands of solutions that cluster on the best fits between the geological and geophysical data and then generates drillhole trajectories designed to cut those clusters most effectively. ExploreTech first combines the geological concept with AI geophysical simulation to identify and locate where the source of a geophysical anomaly actually lies. This is done by testing thousands of possible explanations (models) for anomalies measured at the surface and selecting only those that closely match the real-world geophysics. The selected models of the combined geology and geophysics cluster around the most likely location of the anomaly. The program then evaluates the clusters in three dimensions to determine the optimal drilling trajectory to pierce as many of the target anomalies as possible. The entire process can be rerun as drill results for specific targets, or additional geophysical surveying, adds new information allowing improved vectoring to the best mineralized parts of a given ore system. This use of AI to reveal and reinforce target anomalies in existing geophysical datasets is a significant new exploration tool and has already been applied in several cases, some are viewable at Giant Mining has paid USD $18,000 to ExploreTech and issued 150,000 common shares in connection with the service agreement. Magmatic-Hydrothermal Breccia Corridors and Prominent Breccia Bodies Quality Assurance/Quality Control ("QA/QC") Measures, Chain of Custody The Company utilizes a QA/QC program using best industry practices at the Majuba Hill Project. The samples are placed in cloth or plastic sample bags and are transported from the Giant Mining secure warehouse to the ALS Labs Sample Prep Facility in Elko, Nevada. ALS then transports the prepared pulps to their analytical lab in North Vancouver, B.C. Drill core samples are sawn in half lengthwise and one half is placed in labeled cloth sample bags. All samples are analyzed for copper, gold, silver, and 33 other elements. Gold is determined by ALS Labs method Au-AA23 which is a fire assay with an AAS finish on a 30-gram split. Copper, silver, and the remaining 31 elements are determined by ALS Labs method ME-ICP61 which is a four-acid digestion and ICP-AES assay. Approximately 5% of the submitted samples are drill duplicates and copper-gold-porphyry commercial standard reference material pulps. The sample rejects and remaining pulps will be retrieved from ALS Labs. Some of Majuba Hill's critically important characteristics are as follows: Location: Nevada The #1 mining jurisdiction on the planet according to the Fraser Institute Project Size: 9,684 Acres Infrastructure: The Majuba Hill property is 113 road km (70 miles) southwest of Winnemucca, Nevada, and 251 km (156 miles) northeast of Reno. Access is by well-maintained county roads from the Imlay, Nevada exit on U.S. Interstate 80, and traveling westward 23 miles. People, Roads, Power and Water are the basic elements when considering infrastructure and Majuba Hill already has a solid infrastructure foundation for building a large facility which will provide significant savings compared to more remote projects. History: Historical Producer Drilling: 83,925 feet of drilling to date. Rough replacement value of drilling USD $10.4 Million in development costs. Mineralization: The project shows indications of a potentially large Cu Ag +/- Au mineralized body with many features in common with both large porphyry copper, silver, and gold projects. Expandability: IP Survey, deep drilling, step out drilling all suggest expandability with expansion open in all directions. Fully Financed: Secured funding for 2025 Drilling Campaign Qualified Person The scientific and technical information contained in this news release has been reviewed and approved by E.L. "Buster" Hunsaker III, CPG 8137, a non-independent consulting geologist who is a "Qualified Person" as such term is defined under National Instrument 43-101 Standards of Disclosure for Mineral Projects ("NI 43- 101"). About Giant Mining Corp. Giant Mining Corp. is focused on identifying, acquiring, and advancing late-stage copper and copper/silver/gold projects to meet the growing global demand for critical metals. This demand is driven by initiatives like the Green New Deal in the United States and similar climate-focused programs worldwide, which require substantial amounts of copper, silver, and gold for electric vehicles, renewable energy infrastructure, and the modernization of clean and affordable energy systems. The Company's flagship asset is the Majuba Hill Copper, Silver, and Gold District, located 156 miles (251 km) from Reno, Nevada. Majuba Hill is situated in a mining-friendly jurisdiction with supportive regulations and has the potential to become one of the next major copper deposits, critical for meeting the increasing need for this red metal. Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release. On Behalf of the Board of Giant Mining Corp. "David Greenway" David C. Greenway President & CEO For further information, please contact:E: info@ 1 (236) 788-0643 news release contains certain forwardlooking information. Such information involves known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from those implied by statements herein, and therefore these statements should not be read as guarantees of future performance or results. All forwardlooking statements are based on the Company's current beliefs as well as assumptions made by and information currently available to it as well as other factors. Readers are cautioned not to place undue reliance on these forwardlooking statements, which speak only as of the date of this press release. Due to risks and uncertainties, including the risks and uncertainties identified by the Company in its public securities filings, actual events may differ materially from current expectations. The Company disclaims any intention or obligation to update or revise any forwardlooking statements, whether as a result of new information, future events or otherwise. Sign in to access your portfolio
