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The Mocoa porphyry system exhibits all the characteristics of the world's great copper deposits: immense scale, consistent grades, and potential for significant expansion.
Located in the Putumayo Department of southern Colombia, the Mocoa project is one of the largest undeveloped copper-molybdenum porphyry deposits in the Americas. Mineralization is associated with dacite porphyry stocks intruding a thick sequence of volcanic rocks, creating a highly stable and consistent orebody.
At 0.51% Copper Equivalent (CuEq). This includes a high-grade core that is the focus of current expansion drilling.
Located in a favorable region with nearby access to highways, water, and future power transmission lines.
The 1,283 km² land package covers an entire mineralized belt, with multiple untested porphyry targets already identified.
H2 2026 targeted completion. Ongoing environmental baselines and engineering work are fully funded through the end of 2026.
In-pit constrained, effective November 18, 2025
| Category | Tonnes | CuEq % | Cu % | Mo % | Cu (lbs) | Mo (lbs) |
|---|---|---|---|---|---|---|
| Inferred Resource | 1.12 Billion | 0.51% | 0.31% | 0.039% | 7.6 Billion | 1.0 Billion |
54
Total Drill Holes
+37,000m
Total Metres Drilled
1,235m
Deepest Hole
Open in all directions
Mineralization
1. The MRE was completed by Kevin Hon, B.Sc., P.Geo., Senior Resource Geologist, and Warren Black, M.Sc., P.Geo., Senior Consultant: Mineral Resources and Geostatistics, both of APEX Geoscience Ltd. Mr. Hon and Mr. Black are independent Qualified Persons, as defined by NI 43-101, and are responsible for the completion of the Mineral Resource Estimate, with an effective date of November 18, 2025. Michael Dufresne, M.Sc., P.Geo., President & CEO of APEX, completed a peer review of the estimate.
2. Mineral Resources that are not Mineral Reserves do not have demonstrated economic viability.
3. The estimate of Mineral Resources may be materially affected by environmental, permitting, legal, title, taxation, socio-political, marketing, or other relevant issues.
4. The Inferred Mineral Resource in this estimate has a lower level of confidence than that applied to an Indicated Mineral Resource and must not be converted to a Mineral Reserve. It is reasonably expected that the majority of the Inferred Mineral Resource could potentially be upgraded to an Indicated Mineral Resource with continued exploration.
5. The Mineral Resources were estimated in accordance with the Canadian Institute of Mining, Metallurgy and Petroleum (CIM), CIM Standards on Mineral Resources and Reserves, Definitions (2014) and Best Practices Guidelines (2019) prepared by the CIM Standing Committee on Reserve Definitions and adopted by the CIM Council.
6. Economic assumptions used include US$4.00/lb Cu, US$20.00/lb Mo, process recoveries of 90% for Cu and 95% for Mo, a US$10/t processing cost, G&A costs of US$1.00/t, and a 3% NSR royalty.
7. CuEq* values are calculated using a Cu-to-Mo value ratio of 1:5.278, incorporating both metal prices and metallurgical recoveries.
8. The constraining pit optimization parameters include a US$2.5/t mining cost for both mineralized and waste material and 45° pit slopes. Pit-constrained Mineral Resources are reported at a cutoff of 0.25% CuEq*.
For full technical disclosure, please refer to the Company's NI 43-101 Technical Report filed on SEDAR+ at www.sedarplus.ca.
The Mocoa deposit remains open in all directions, with recent drilling continuing to expand the mineralized footprint. Three distinct high-grade zones have been identified within the broader porphyry system.
District-scale exploration potential extends well beyond the current resource area, with multiple untested targets identified through geophysical surveys and surface mapping.
The Mocoa project sits within a larger porphyry copper belt with significant district-scale exploration potential. Our exploration team has identified multiple high-priority targets beyond the main deposit.
Recent results continue to demonstrate that we have only scratched the surface of what this district can deliver. The main deposit remains open in all directions, and new zones of high-grade mineralization continue to be discovered.
Active Drilling
Multiple rigs turning on site
New Targets
District-scale opportunities identified
Depth Potential
Mineralization open at depth
Expansion drilling to grow the 1.12 Bt inferred resource, which remains open in all directions.
Infill drilling targeting 30–50% conversion of inferred resources to indicated category.
Planned maiden drilling on two high-priority district targets identified through geochemistry and geophysics.
Mapping and sampling across multiple porphyry-style targets within the broader district.
Detailed surface mapping to identify alteration patterns and structural controls
IP/Resistivity and magnetic surveys to define drill targets at depth
Core drilling to test targets and expand the known resource
The Mocoa deposit is a classic porphyry copper-molybdenum system formed in a continental arc setting. The mineralization is hosted by Jurassic-age intrusive rocks that have intruded older sedimentary and volcanic sequences.
What makes Mocoa exceptional is the remarkable continuity and scale of the mineralization. The deposit extends over 2 kilometers in strike length and remains open in all directions. Drilling has demonstrated mineralization to depths exceeding 1,200 meters.
Three distinct high-grade zones have been identified within the broader mineralized envelope, each representing potential targets for higher-grade starter pit scenarios.
Classic calc-alkaline porphyry copper-molybdenum system with multiple intrusive phases.
Well-developed potassic, phyllic, and propylitic alteration zones typical of large porphyry deposits.
Disseminated and stockwork veinlet copper-molybdenum mineralization throughout the deposit.
Multiple high-grade shells identified within the broader mineralized envelope.
Breccia-hosted high-grade core of the deposit
+1.0% CuEq*
Near-surface porphyry-related mineralization in the central zone
+0.7% CuEq*
Newly defined third high-grade porphyry-related zone at depth
+0.7% CuEq*
* CuEq (%) = Cu (%) + 5.278 × Mo (%), utilizing metal prices of Cu – US$4.00/lb and Mo – US$20.00/lb and metal recoveries of 90% Cu and 95% Mo.
Copper Giant acquires 100% of the Mocoa project, consolidating the land package and recognizing its world-class scale potential.
Launch of the aggressive phase-1 drilling campaign. High-precision resource definition drilling begins to expand the historical footprint.
Multiple thick intercepts of high-grade copper-molybdenum mineralization are discovered within and adjacent to the porphyry system, revealing a massive high-grade core.
Updated National Instrument 43-101 mineral resource estimate is filed, confirming 1.1 billion tonnes at 0.51% CuEq, putting Mocoa among the premier copper assets in development globally.
A 23,000m exploration program is launched (+80% drilling volume vs 2025) to test district-wide satellite targets and complete the project's maiden Preliminary Economic Assessment (PEA).
1,235m interval length
0.42% Cu | 0.05% Mo
1,141m interval length
0.27% Cu | 0.04% Mo
1,166m interval length
0.31% Cu | 0.03% Mo
1,007m interval length
0.28% Cu | 0.02% Mo
1,004m interval length
0.39% Cu | 0.04% Mo
Exceptional results across the system. MD-043 yielded 1,235m at 0.42% Cu & 0.05% Mo.
* Copper equivalent (CuEq) grades are calculated using metal prices of US$3.80/lb Cu and US$20.00/lb Mo. Intercepts are reported as downhole core lengths. True widths are estimated to be between 75-90% of drill interval lengths depending on local dip.
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