Giant Mining Corp. (CSE: BFG; OTC:BFGFF; FWB:YW5) announced that it has engaged Big Sky Exploration, LLC for its 2026 Maiden Core diamond drilling program at the Majuba Hill Copper Deposit in Pershing County, Nevada. The program is referred to as the Core Program and will focus on the Majuba Hill project, a copper, silver, and gold property.
Big Sky operates throughout the western United States and previously provided core drilling services at Majuba Hill in 2024 and 2025. The Company stated that it has made the required advance payment to ensure a timely start for the Phase 1 Core Program.
“We are pleased to secure the services of Big Sky Exploration, whose experienced crews have demonstrated safe, efficient, and cost-effective drilling performance at Majuba Hill,” said David Greenway, President & CEO of Giant Mining Corp, in a news release. “With a refined geological model, secured funding, and a clearly defined drill strategy, we are positioned to advance systematic exploration at our Nevada copper project.”
As previously announced on January 30, 2026, the Company planned up to 10,000 feet of drilling in a multi-phased diamond drill program. The program is anticipated to include Phase 1, consisting of up to 5,000 feet of core drilling, underground mapping and sampling, additional surface sampling for follow-up drill targeting, and Phase 2, consisting of up to 5,000 feet of core drilling.
The drilling and exploration program will be guided by more than 100 previous drill holes totaling over 89,000 feet of drilling and will include input from RESPEC Engineering. Reviews of 2024 to 2025 exploration results, including drilling, surface geological mapping, and geochemical sampling, identified numerous mineralized breccia bodies. Drill intercepts returned elevated copper and silver values, as well as intervals of anomalous gold. Mineralization is commonly associated with hydrothermal magmatic tourmaline matrix breccias and the margins of breccia pipes. The Company stated that further drilling is required to determine the extent and continuity of mineralization.
Majuba Hill is in the exploration stage. The company stated that the discovery-driven, staged exploration and drilling programs provide a technically sound framework for advancing the project and that the project is aligned with U.S. critical mineral priorities.
Majuba Hill is located in Nevada, USA. The property covers 9,684 acres and is located 113 road kilometers southwest of Winnemucca, Nevada and 251 kilometers northeast of Reno. The project has approximately 89,395 feet of drilling to date, with a rough replacement value of drilling of US$12.1 million using current costs. The project is described as a historical producer. The Company stated that it has secured funding for its next phase of drilling at Majuba Hill.
U.S.-Centered Copper Explorer Advancing Majuba Hill
1In a February 11 report, John Newell described Giant Mining Corp. as “a U.S.-focused copper exploration company listed on the CSE, with its primary asset being the Majuba Hill Copper Project in Nevada.” He wrote that the company had “spent several years methodically advancing this project through drilling, geophysics, and geological modeling, steadily building a large technical dataset while operating in one of the most mining-friendly jurisdictions in the world.”
Newell characterized Majuba Hill as “a large, porphyry-style copper system located in Pershing County, Nevada.” He noted that underground production at the site dates to the early 1900s and included copper, silver, gold, and tin. He stated that more recent work has centered on expanding known copper zones, evaluating deeper sulphide targets, and testing resistivity anomalies identified through modern geophysics and AI-assisted targeting.
Addressing broader developments, Newell wrote that Project Vault “signals that the U.S. government is now treating copper and other critical metals as strategic assets.” He added that “for companies exploring copper in the United States, this policy shift improves the long-term backdrop.”
Newell also reported that Giant Mining had “approximately 105 million shares outstanding and roughly 123.4 million shares fully diluted,” and wrote that “at recent prices, this places the company in the sub-CA$30 million market capitalization range.” He concluded that the company “remains a Speculative Buy at the current level of CA$0.30.”
Majuba Hill Drilling and Technical Programs
Company materials indicated that exploration efforts at Majuba Hill have included a diamond core drilling campaign launched in 2024. As part of that program, drill holes MHB-30 and MHB-31 were completed. MHB-30 was drilled to 800 feet at a planned azimuth of 230 degrees with a minus 70 degree inclination. MHB-31 reached 1,086 feet at a planned azimuth of 310 degrees with a minus 50 degree inclination. Both holes were quick logged, sampled, and tagged on site.
The company reported completing new road construction to improve access to the Majuba Hill Porphyry Copper Deposit and related target zones. Earlier exploration programs conducted in 2020, 2021, and 2022 included core and reverse circulation drilling, soil sampling, and geophysical surveys.
Geophysical initiatives included drone magnetic surveys totaling 322 line kilometers and induced polarization and resistivity surveys contributing 49.5 line kilometers of additional data to historical records. Soil sampling programs expanded areas such as the DeSoto Target and the Copper Gold Target, where anomalous concentrations of copper, silver, gold, lead, molybdenum, and zinc were identified.
Geological investigations involved structural mapping, thin section studies, dating techniques, and analysis of intrusive rocks and hydrothermal alteration. The company stated that combining geological interpretations with magnetic and IP survey data indicated sulfide copper porphyry mineralization extending to the northeast, while oxide copper mineralization remains open in all directions.
Ownership and Share Structure2
Roughly 15.1% of Giant Mining’s shares are held by insiders, while the rest are owned by retail investors.
The company’s market capitalization is approximately CA$21.56 million.
Giant has 102.5 million shares outstanding and a 52-week range of US$0.0880 and US$0.3560.
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1. Disclosure for the quote from the John Newell article published on February 11, 2026
As always it is important to note that investing in precious metals like silver carries risks, and market conditions can change violently with shock and awe tactics, that we have seen over the past 20 years. Before making any investment decisions, it’s advisable consult with a financial advisor if needed. Also the practice of conducting thorough research and to consider your investment goals and risk tolerance.
2. Ownership and Share Structure Information
The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.
