Copper Giant Resources Corp Advances Mocoa Development

Copper Giant Resources Corp (TSXV: CGNT, OTCQB: LBCMF) announced that it has completed a prior consultation agreement with Ingá Condagua, securing the full social license for the Mocoa copper‑molybdenum project in Putumayo, Colombia. The agreement, finalized on 9 October 2025, confirms the company’s commitment to responsible development of the Mocoa deposit and positions the project for accelerated drilling and feasibility studies.

Mocoa Project Highlights

  • Resource Base: The Mocoa porphyry deposit contains an estimated 4.6 billion pounds of copper and 511 million pounds of molybdenum.
  • Molybdenum Significance: With over 500 million pounds of contained molybdenum, the deposit represents up to 30 % of the project’s value and is among the largest undeveloped molybdenum deposits globally.
  • Metallurgical Performance: Benchmark test work conducted on core samples has achieved up to 97 % molybdenum recovery, indicating strong processing potential and strategic value in a market where molybdenum supply is tightening.
  • Geographic Footprint: The company’s land package covers 1,360 km², roughly 390 times the area of New York City’s Central Park, underscoring the scale of the exploration and development opportunity.

Corporate and Market Context

Copper Giant operates within the materials sector, focusing on the acquisition, exploration, and mining of metal properties in Canada. The company’s market capitalization is approximately CAD 30 million, and its share price closed at CAD 0.27 on 8 October 2025, within a 52‑week range of CAD 0.145 to CAD 0.50. The firm’s price‑earnings ratio is negative (–1.49), reflecting its early-stage development status.

The completion of the prior consultation agreement aligns with Copper Giant’s strategy to secure essential local approvals and advance the Mocoa project toward economic feasibility. The company will continue aggressive drilling to expand the resource and to support the forthcoming feasibility study.

Outlook

Copper Giant’s recent milestones, particularly the successful metallurgical results and the secured social license, enhance the project’s attractiveness to investors and stakeholders. The company remains focused on advancing the Mocoa deposit while maintaining compliance with local regulations and community expectations.