VANCOUVER, BRITISH COLUMBIA - March 25, 2025 (NEWMEDIAWIRE) - Giant Mining Corp. (CSE: BFG | OTC: BFGFF | FWB: YW5) ("Giant Mining" or the "Company") announces that the Company including all stakeholders of its flagship Majuba Hill Porphyry Copper Project ("Majuba Hill") in Pershing County, Nevada, applauds U.S. President Donald Trump's Executive Order dated March 20th, 2025 and titled "Immediate Measures to Increase American Mineral Production" seeking to bolster the production of domestic critical minerals, including Copper and Gold, and furthering the country's national security agenda.
The Executive Order invokes the use of the Defense Production Act as part of a broad U.S. Government effort to expand domestic minerals production on national security grounds. As it relates to project permitting, the Order states that it will "identify priority projects that can be immediately approved or for which permits can be immediately issued, and take all necessary or appropriate actionsto expedite and issue the relevant permits or approvals." Furthermore, the Order includes provisions to accelerate access to private and public capital for domestic projects, including the creation of a "dedicated mineral and mineral production fund for domestic investments" under the Development Finance Corporation ("DFC").
"We commend the U.S. President for taking decisive action to address the critical need for expanding domestic mineral production, a vital step toward strengthening the nation's supply chain security. This Executive Order is a significant milestone in revitalizing the domestic mining sector by streamlining the permitting process and providing essential financial support for qualifying projects. said David Greenway, CEO of Giant Mining. As a U.S.-focused company advancing a Copper-Silver-Gold project in one of the country's premier mining jurisdictions, we are encouraged by the opportunities this policy presents for the future of domestic copper production and the positive impact it may have at the Majuba Hill project."
This latest Executive Order is in addition to the On February 25, 2025, President Donald Trump signed an executive order titled Addressing the Threat to National Security from Imports of Copper. The order directs the Department of Commerce, led by Secretary Howard Lutnick, to investigate potential tariffs on copper imports due to national security concerns. The U.S. currently imports approximately 45% of its copper from major suppliers including Canada, Mexico, Chile, and Peru. Despite domestic reserves in the ground, the U.S. lags in smelting and refining capacity, with over 50% of global smelting controlled by a single foreign producer. Read February 25th, 2025 Executive Order Here.
Majuba Hill's critically important characteristics are as follows:
Figure 1: 2025 Drill Program About to Get Underway with Equipment Now on Site.
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. 2025 Drilling is about to get underway with equipment now on site.
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.
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
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.
