Junior Miner Finds Key Copper Mineralization at Majuba Hill

1. Giant Mining is a billboard sponsor of Streetwise Reports and pays SWR a monthly sponsorship fee between US$4,000 and US$5,000. 
2. 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
3. James Guttman wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee. 
4.  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 June 9, 2025

1. For the quoted article (published on June 9, 2025), the Company has paid Street Smart, an affiliate of Streetwise Reports, US$1,500.
2. 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.

Giant Mining Corp. (CSE: BFG; OTC:BFGFF; FWB:YW5) has submitted the final core samples from drill hole MHB-36 at its Majuba Hill Project in Pershing County, Nevada. The 1,100-foot hole, designed using artificial intelligence (AI) geophysical modeling by Exploration Technologies Inc. (ExploreTech), marks the completion of the company's five-hole, 5,484.5-foot Phase 1 Spring 2025 drill campaign.

The core has been delivered to ALS Global Services for assay. Giant Mining confirmed that MHB-36 successfully intersected visual disseminated and vein-hosted chalcopyrite, an important copper sulfide mineral, within the targeted breccia zone. This mineralization began at a depth of 650 feet and continued intermittently beyond 905 feet.

This drill hole was specifically designed to test a high-resistivity anomaly identified by ExploreTech's proprietary AI modeling. According to the company, this AI-enhanced approach to drill targeting "enables better, faster, and more cost-effective discoveries."

The full Phase 1 program was intended to expand known copper zones and contribute to a forthcoming Mineral Resource Estimate. Previously released results from hole MHB-32 revealed a 379.5-foot mineralized interval grading 0.33% copper and 16.97 parts per million silver, including 40 feet of 1.36% copper and 10 feet of 4.36% copper. Those findings extended the known mineralization both deeper and farther north.

"With assays pending from holes MHB-34, MHB-35, and MHB-36, we're very encouraged by the progress of our 2025 drill program," said David Greenway, President and CEO of Giant Mining, in the June 25 news release. He added that the company believes the program will enhance the evolving deposit model at Majuba Hill and aligns with the strategic priorities of U.S. critical minerals and clean energy initiatives.

Located roughly 70 miles southwest of Winnemucca, the Majuba Hill Project benefits from proximity to infrastructure, including road access and regional mining hubs. Historic underground mining at Majuba Hill produced 2.8 million pounds of copper, 184,000 ounces of silver, and 5,800 ounces of gold.

Copper Sector Faces Structural Strains Amid Surging Demand and Smelter Squeeze

According to a June 22 report by Reuters, the global copper sector continued to experience stress across the supply chain, particularly in the smelting segment. Spot treatment and refining charges (TCRC) — fees that smelters typically earn for processing raw copper concentrate into refined metal — have been negative throughout 2025. Reuters noted that "smelters are now so desperate to find raw material they are paying miners for converting their concentrates into refined metal." The latest benchmark terms, at US$21.50 per ton, marked the lowest level in at least two decades. Analysts indicated that the drop reflects a combination of limited concentrate availability and a surge in Chinese smelting capacity, which pushed the processing side of the value chain to a potential breaking point.

Mining.com further reported that while copper mine output has grown, increasing by 1.2% in the first quarter of the year, the rise has not kept pace with the dramatic expansion in global smelting capacity, especially in China. May production of refined copper in China rose nearly 14% year-over-year. Despite strong concentrate imports, the rapid build-out of smelting infrastructure has resulted in a saturated processing market. This imbalance has forced some Western operators to shutter capacity, while Chinese smelters have continued to expand output in what Reuters described as "a last-man-standing strategy."

On June 24, FXStreet cited commentary from Commerzbank highlighting that the copper market remained "tight at the short end," with London Metal Exchange (LME) inventories at low levels and the forward curve in backwardation. The spot price of copper surpassed US$10,000 per ton, and the premium on the 3-month contract reached nearly US$380. Commerzbank's Barbara Lambrecht attributed the surge in part to increased U.S. demand and the threat of new tariffs. She also referenced market speculation about negative TCRCs but reported that "Chinese smelters are entering into negotiations for longer-term contracts with at least slightly positive processing fees," suggesting tentative relief for the processing segment.

The evolving pricing dynamics and pressures within the smelting industry have also prompted regulatory responses. On June 25, Reuters columnist Andy Home wrote that the LME introduced new rules aimed at tightening control over long positions in key contracts, including copper. These measures came as copper and aluminum markets experienced volatility driven by physical shortages, warehouse drawdowns, and the distortionary effects of global trade policies.

Technical Analyst Labels Giant Mining a Strong Buy

*In a contributed analysis dated June 9, independent Technical Analyst Clive Maund issued a favorable outlook on Giant Mining Corp., describing the company as "rapidly advancing its highly prospective Majuba Hill copper-gold-silver property in Nevada." Maund stated that the project was "uniquely positioned to contribute to America's clean energy transition and critical minerals independence," and underscored management's optimism following the completion of drill hole MHB-34 during the Spring 2025 program.

Maund highlighted the company's infrastructure advantages, citing its Nevada location's access to roads, electricity, and water as potential support for future development. He also referenced "impressive grades" from the 2024 drill campaign and noted that the underlying geology supported the potential for a much larger system.

From a technical standpoint, Maund interpreted recent trading activity as a sign of accumulation. He wrote that Giant's stock had formed "a large bullish Cup & Handle base" and observed that "the heavy volume over the past month or so . . . is characteristic of an intermediate base." He concluded that the chart "looks ready to break out into a major new bull market."

Maund rated the stock "a Strong Buy for all time horizons" and identified several upside targets, beginning with CA$0.60 and extending to CA$2.00. These price objectives reflected his view of the company's technical setup, supported by progress at Majuba Hill, a favorable jurisdiction, and a share structure that he believed added to its investment potential.

Upcoming Milestones and Competitive Strengths

Giant Mining's investor presentation from June 2025 outlines several key catalysts and project strengths. With all drill holes from the Spring 2025 program now completed, results from MHB-34, MHB-35, and MHB-36 are expected to inform an updated Mineral Resource Estimate. The company's strategic use of ExploreTech's AI system has also positioned it at the forefront of technology-driven exploration in porphyry copper systems.

The company holds 403 federal lode mining claims and two private property parcels totaling 9,684 acres. Its core focus remains the development of the Majuba Hill deposit to support long-term copper, silver, and gold demand from the electric vehicle and renewable energy sectors. According to the presentation, copper use in EVs alone is forecast to exceed 1.7 million tonnes by 2027, underlining the relevance of this asset.

Additionally, Giant Mining maintains a 20% interest in the Friday Gold Project in Idaho, which contains a historical NI 43-101 resource estimate of 1.237 million ounces of gold.

As of June 2, 2025, Giant Mining had 77,106,097 shares issued and outstanding, with a market capitalization of approximately CA$15.8 million. The company's fully diluted share count stood at 113,940,962. The Spring 2025 program's results are expected to play a pivotal role in shaping its future development strategy.

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 June 23, 2025, Giant Mining Corp. has a market capitalization of approximately CA$19.27 million.

The company's current share structure includes 77,106,097 shares issued and outstanding, 35,609,865 warrants, 850,000 options, and 375,000 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. 

The company's Warrants are traded on the Canadian Securities Exchange (CSE) under the ticker BFG.WT.A and BFG.WT.B.