Giant Mining Corp. (CSE: BFG; OTC:BFGFF; FWB:YW5) has reported the successful completion of drill hole MHB-36, the final hole of its 2025 diamond core drilling campaign at the Majuba Hill Copper-Silver-Gold Project in Pershing County, Nevada. The hole was drilled to a depth of 1,100 feet (335.3 meters), intersecting visible chalcopyrite mineralization, a copper-bearing sulfide mineral, within the targeted breccia zone starting at 650 feet (198 meters) and continuing intermittently beyond 905 feet (274.3 meters).
What makes MHB-36 notable is its design, guided by Exploration Technologies Inc. ("ExploreTech") using an AI-driven geophysical modeling platform. The system, which integrates geological and geophysical data to optimize drill targeting, identified a high-resistivity anomaly in the southern sector of the project. The accuracy of the AI model was validated by the drill results, which hit mineralization within 50 feet of the predicted depth range.
David Greenway, CEO of Giant Mining, stated in the news release, "The AI models predicted mineralization starting between 600 and 700 feet, and our team intersected the target zone within just 50 feet of those projections — a remarkable validation of this technology." He added that ExploreTech's tools are helping the company "unlock the full potential of Majuba Hill."
ExploreTech's President Tyler Hall further commented on the result, noting, "The nature of this new sulfide zone could link the breccias above with large porphyry-style mineralization below." He emphasized that this hole marks the seventh time ExploreTech's targeting recommendations have intersected geophysical anomalies, and the first time such real-world results have been disclosed publicly.
With this fifth drill hole, Giant Mining has now surpassed 88,000 feet (26,822 meters) of cumulative drilling at Majuba Hill. The company has stated that it is fully funded for its next round of exploration drilling. Results from the 2025 Core Program will be used to refine the project's geological model and advance Majuba Hill toward a new Mineral Resource Estimate.
Majuba Hill spans 9,684 acres and is located in a region ranked first globally by the Fraser Institute for mining investment attractiveness in 2022. Infrastructure surrounding the project includes accessible roads, power supply, and water, all of which contribute to the project's logistical advantages. Historical production from the site includes 2.8 million pounds of copper, 184,000 ounces of silver, and 5,800 ounces of gold.
Copper Sector Strengthens on Supply Constraints and Electrification Demand
Copper market conditions in May 2025 reflected tightening physical supply, robust industrial demand, and shifting geopolitical dynamics, all of which supported elevated pricing across exchanges. According to Stockhead Mining on May 9, copper prices remained at historically strong levels despite global economic uncertainty. Benchmark Mineral Intelligence reported that three-month London Metal Exchange (LME) copper hovered around US$9,431 per tonne, with price volatility driven by front-loaded purchasing on the COMEX exchange and ongoing supply drawdowns in China.
Also on May 9, Mining.com noted that copper inventories on the Shanghai Futures Exchange (SHFE) had declined by 10% since the end of April to 80,705 tonnes, a continuation of sharp withdrawals seen in the prior weeks. Although the pace of drawdowns had moderated, physical tightness remained a concern. The Yangshan copper premium rose to US$102 per tonne on May 8, its highest level since December 2023, indicating strong Chinese import demand.
Technical Analyst Clive Maund stated that the stock "now looks like it will make a Double Bottom . . . and if favorable [drill results] they could, of course, get the stock moving higher."
In a separate report published May 11, Ahead of the Herd explained that copper prices had risen to US$4.62 per pound, up 5% from the April 8 trough. The article attributed this recovery to several factors, including the 90-day suspension of trade tariffs, signs of geopolitical de-escalation, and strong Chinese industrial activity. Grid investment in China increased 25% in the first quarter, while purchases of copper-intensive products such as home appliances and electric vehicles surged in early May.
Supply limitations were also identified as a major driver of price resilience. Ahead of the Herd cited a May 6 report by the United Nations Conference on Trade and Development (UNCTAD), which projected that global copper demand would increase 40% by 2040. To meet this target, the industry would require an estimated US$250 billion in investment to bring more than 10 million tonnes of new supply online—nearly half of global copper output in 2024. The report warned that achieving this scale would be difficult due to permitting delays, declining ore grades, and insufficient capital expenditures, which fell from US$26.13 billion in 2013 to US$14.42 billion in 2022, based on figures from Sprott.
The May 11 Ahead of the Herd article also included analysis from Visual Capitalist, which showed copper requiring the largest tonnage increase of any transition metal to meet net-zero emission goals. Citing data from Benchmark Mineral Intelligence, the outlet estimated that 61 new copper mines would be needed by 2030 to satisfy expected battery demand alone.
Finally, the article referenced a recent price outlook from Goldman Sachs. The firm raised its near-term copper forecast to between US$4.15 and US$4.23 per pound, citing resilient Chinese demand and easing trade tensions. Goldman anticipated a deficit beginning in 2026, with copper prices potentially climbing to over US$4.76 per pound by the end of that year, driven by strong electrification demand and limited new mine supply.
Positive Outlook on Giant Mining's Position and Potential
*On May 2, Technical Analyst Clive Maund published a contributed opinion on Streetwise Reports identifying a favorable technical setup for Giant Mining Corp. He described the company's share price as approaching a historically strong support level, noting that the stock had reached cyclical lows comparable to those seen in November and December of the previous year. Maund stated, "It is thus at a very point to buy as it is expected to form a Double Bottom with its November and December lows and reverse to the upside." He attributed this view to the backdrop of the company's progress at Majuba Hill and broader strength in the copper market.
Maund further emphasized the company's flagship project, explaining that it "has a big flagship copper project, the Majuba Hill Project, that also contains gold and silver and is located northeast of Reno in the north of Nevada." He highlighted the location's accessibility, noting that it benefits from existing infrastructure such as roads, power, and water supply - all factors that can reduce development costs. The project was also noted for its historical production, with the company reporting output of 2.8 million pounds of copper, 184,000 ounces of silver, and 5,800 ounces of gold from underground mining in the early 20th century.
Supporting his technical outlook, Maund presented a 5-year stock chart of Giant Mining showing what he described as a "massive volume buildup of recent months." He interpreted this as a sign that weaker hands were being replaced by stronger holders. "The massive volume of recent months indicates a lot of rotation of stock from weaker to stronger hands which is bullish," Maund wrote. He also pointed to bullish technical patterns such as the Saucer bottom and noted that the stock was "critically oversold" on the Relative Strength Index (RSI), suggesting a potential reversal.
In conclusion, Maund reiterated his belief that the company's technical indicators, combined with progress on the ground at Majuba Hill, placed it in a strong position for near-term upside. While acknowledging past volatility, he stated that the stock "now looks like it will make a Double Bottom . . . and if favorable [drill results] they could, of course, get the stock moving higher."
What's Next for Majuba Hill
Giant Mining's next phase of exploration is set to build on momentum from the 2025 Core Program, with the company aiming to expand known mineralization and progress toward an updated Mineral Resource Estimate. According to the company's May 2025 investor presentation, additional drilling is planned for 2025, supported by ExploreTech's AI-enhanced targeting system, which has demonstrated high accuracy in predicting mineralized zones.
As the company shared with Streetwise Reports, "A looming supply crunch is hitting the copper sector. J.P. Morgan’s Global Commodities Research warns that more than 20% of current mine supply has less than 10 years of reserve life remaining, as many of the world’s largest copper mines edge toward depletion. To close the widening supply-demand gap, over US$150 billion in new project CAPEX will be needed between 2026 and 2035."
The investor deck notes that copper demand remains a central theme of the company's strategy, citing projections of rising global consumption fueled by electric vehicles (EVs), renewable energy, and power grid upgrades. As each EV requires approximately 183 pounds of copper, the anticipated demand surge could create long-term value for strategically located projects such as Majuba Hill.
Giant Mining also holds a 20% stake in the Friday Gold Project in Idaho's Orogrande Mining District, where a historical NI 43-101 resource estimate outlines 647,000 ounces of indicated gold and 590,000 ounces of inferred gold. Although the estimate dates back to 2013 and does not include more recent drilling, the company has indicated plans to update this resource to reflect additional exploration data.
Management's experience spans geology, finance, and operational development. With established infrastructure, exploration data exceeding US$12.1 million in replacement cost, and continued deployment of AI for exploration efficiency, Giant Mining positions itself to make further strides in one of the world's leading copper jurisdictions.
Streetwise Ownership Overview*
Giant Mining Corp. (CSE: BFG;OTC:BFGFF;FWB:YW5)
Ownership and Share Structure
According to Giant Mining Corp., approximately 15.1% of its shares are held by insiders. The remaining shares are held by retail investors.
As of May 5, 2025, Giant Mining Corp. has a market capitalization of approximately CA$22.77 million, based on a closing share price of CA$0.305.
The company's current share structure includes 74,664,097 shares issued and outstanding, 38,231,865 warrants, 850,000 options, and 2,400,000 restricted share units.
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.
- 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 May 2, 2025
- For the quoted article (published on May 2, 2025), the Company has paid Street Smart, an affiliate of Streetwise Reports, US$1,500.
- 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.