COPPER GIANT ANNOUNCES PARTIAL DRILL RESULT OF HOLE MD-047, INCLUDING 303-METRES GRADING 0.54% COPPER - THE HIGHEST COPPER INTERCEPT TO DATE WITHIN A PORPHYRY UNIT AT THE MOCOA PORPHYRY COPPER-MOLYBDENUM PROJECT, PUTUMAYO, COLOMBIA
MD-047 confirms the orientation of C and B-type veinlets host the bulk of copper and molybdenum mineralization at Mocoa, and the high-grade interval suggests a newly recognized high-grade phase within a porphyry, previously seen only in mineralized breccias. Detailed logging shows a multi-stage mineralization event with multiple generation of veining within a sericite-altered intermineral porphyry (I1). Most of the C-veinlets trend 188/58 (Dip Direction/Dip) and the B-type trend 232/60 (Dip Direction/Dip). This new structural information is now being integrated into the 3D geological model of Mocoa to better understand the high-grade copper and molybdenum distribution within the porphyry deposit.
Copper Giant clarifies that Resolution 0631 issued by Corpoamazonia does not apply to its permitted mining titles or current exploration activities. Further details are provided below.
VANCOUVER, BC, June 25, 2025 /CNW/ - Copper Giant Resources Corp. (" Copper Giant" or the " Company") (TSXV: CGNT) (OTCQB: LBCMF) (FRA: 29H0) is pleased to announce partial drill result of the first 489-metres of hole MD-047, as part of the Company's 14,000-metre resource expansion program at its flagship Mocoa porphyry copper-molybdenum project in Putumayo, Colombia. Drilling remains active with two rigs operating on newly constructed pads. Due to the exceptional copper grades intercepted and an operational delay requiring a wedge installation at 810 metres, the Company has chosen to release the upper portion of the hole in advance of final results. The mineralization highlights a potential new high-grade phase of the system.
"This is one of the most exciting results at Mocoa to date—303 metres at 0.54% copper, entirely within a porphyry unit, not breccia. That's a major development. It points to a new high-grade phase and validates the broader upside we outlined in our updated exploration target. With both rigs now turning, we're advancing quickly to define scale, unlock new zones, and position Mocoa as one of the few remaining copper systems with real potential to grow meaningfully." — Ian Harris, President & CEO.
Hole MD-047
Hole MD-047 continues to improve geological understanding of the Mocoa porphyry system and provides further evidence for its large-scale, multi-phase nature. Detailed Anaconda-style logging has confirmed multiple overprinting stages of hydrothermal alteration, consistent with those documented in holes MD-044 (refer to news release dated January 6, 2025), MD-045 (refer to new release dated February 26, 2025), and MD-046 (refer to news release dated May 6, 2025). The upper 120 metres of the hole intersected a strongly argillic-altered dacite porphyry characterized by multiple generations of D-type veinlets, locally overprinted by iron oxides features interpreted as part of a leach cap environment developed at the top of the system (Figure 3A) and locally observed reopened the structural space of earlier B-type veins, indicating a reactivation of fluid pathways during late-stage mineralization (Figure 3B). Beneath this zone, the hole intercepted an inter-mineral porphyry (I1) pervasively altered by sericite with localized remnants of K-feldspar alteration. This interval hosts a complex network of well-developed A-type veinlets crosscutting early dark micaceous (EDM) veinlets (Figure 3C), alongside abundant chalcopyrite-dominant C-type veinlets that overprint molybdenite-rich B-type veinlets (Figure 3D and 3E). These crosscutting relationships provide compelling evidence of a long-lived system with a prolonged and multi-pulsed mineralizing event, reinforcing the interpretation of Mocoa as a large and fertile porphyry system.
Table 1 – Partial assay results for drill hole MD-047. *Copper equivalent (CuEq) for drill hole interceptions is calculated as: CuEq (%) = Cu (%) + 4.2 × Mo (%), utilizing metal prices of Cu - US$4.00/lb and Mo - US$20.00/lb and metal recoveries of 90% Cu and 75% Mo. Grades are uncut. Mineralized zones at Mocoa are bulk porphyry-style zones and drilled widths are interpreted to be very close to true widths.
Drilling of MD-047 experienced a five-day delay at approximately 810 metres depth due to drill rods stuck in a fractured zone. A wedge was successfully installed to bypass the obstruction, all issues have been resolved, and drilling is now advancing according to plan toward the target depth. Logging of the remaining core is ongoing, and samples from the lower interval will be submitted for assay once logging and sampling procedures are completed. Final assay results will be reported as they become available.
Clarification on Resolution 0631 Issued by Corpoamazonia
Copper Giant is aware of public commentary surrounding Resolution No. 0631, issued by Corpoamazonia on June 13, 2025, regarding mining activity within the municipality of Mocoa. While the resolution has generated attention, it does not apply to existing mining titles, active exploration programs, or projects with valid permits. Copper Giant's current operations remain fully permitted, in compliance with all legal and regulatory frameworks, and entirely unaffected.
Resolution 0631 applies solely to new mining titles within a defined 93,000-hectare portion of the municipality of Mocoa, which spans approximately 130,500 hectares (1,305 km²). It does not suspend environmental permitting or introduce new legal thresholds. Instead, it places a conditional pause on new mining initiatives—subject to technical and scientific evaluation demonstrating no severe or irreversible environmental harm. These requirements mirror Colombia's existing Environmental Impact Assessment (EIA) standards and do not alter the permitting pathway.
The resolution also designates the area as an "Area of Environmental Interest." While this term signals an intent to prioritize environmental considerations in territorial planning, it carries no direct legal implications for existing operations.
The timing and tone of the resolution appear aligned with Colombia's shifting political landscape ahead of the March 8, 2026 congressional and senate elections. Framed as bold environmental action, it largely reaffirms the existing regulatory process. For current projects like Mocoa, the resolution changes nothing operationally—and by reiterating the standard permitting structure, it implicitly affirms a continued path forward.
Copper Giant would also like to clarify that Colombian law recognizes each Indigenous community as autonomous, with the right to prior consultation when a project overlaps its territory. Within the Mocoa project, only the Inga Indigenous Reservation of Condagua holds ancestral territory and is the sole entity legally recognized to represent those interests. Copper Giant maintains a continuous process of respectful dialogue and formal consultation with the Inga, grounded in trust, transparency, and shared responsibility.
In addition, the Company engages other Indigenous communities in the region through a dedicated Coordinator for Ethnic Communities, ensuring all stakeholders are informed of our activities and the scientific basis guiding our work. Educational materials have been translated into the Inga language to support culturally aligned communication.
Copper Giant continues to operate to the highest environmental and technical standards. Drilling remains active under our permitted resource expansion program, with full coordination across national and regional authorities. We remain committed to transparency, regulatory compliance, and long-term partnership with communities.
Qualified Person and Technical Notes
Edwin Naranjo Sierra, Exploration Manager of Copper Giant is the designated Qualified Person within the meaning of National Instrument 43-101 – Standards of Disclosure for Mineral Projects ("NI 43-101") and has reviewed and verified the technical information in this news release. Mr. Naranjo holds a MSc. in Earth Sciences and is a Fellow of the Australasian Institute of Mining and Metallurgy (FAusIMM).
*Copper equivalent (CuEq) for drill hole interceptions is calculated as: CuEq (%) = Cu (%) + 4.2 × Mo (%), utilizing metal prices of Cu - US$4.00/lb, Mo - US$20.00/lb. Metal recoveries utilized for the resource model are 90% for Cu and 75% for Mo.
Mineralized zones at Mocoa are bulk porphyry-style zones and drilled widths are interpreted to be very close to true widths.
Copper Giant operates according to a rigorous Quality Assurance and Quality Control (QA/QC) protocol consistent with industry best practices. Core diameter is a mix of HQ and NQ depending on the depth of the drill hole. Diamond drill core boxes were photographed, sawed, sampled and tagged in maximum 2-metre intervals, stopping in geological boundaries. Samples were bagged, tagged and packaged for shipment by truck from Copper Giant's core logging facilities in Mocoa, Colombia to the Actlabs certified sample preparation facility in Medellin, Colombia. ActLabs is an accredited laboratory independent of the Company. Samples are processed in the Medellin facilities where they are analyzed for copper and molybdenum by 4-Acid digest Atomic Absorption (AA) analysis. The sample pulps are air freighted from Medellin to the ActLabs certified laboratory in Guadalajara, Mexico, where they are analyzed for a suite of 57 elements using 4-Acid digest and ICP-MS. In order to monitor the ongoing quality of assay data and the database, Copper Giant has implemented QA/QC protocols which include standard sampling methodologies, the insertion of certified copper and molybdenum standard materials, blanks, duplicates (field, preparation and analysis) randomly inserted into the sampling sequence. QA/QC program also include the ongoing monitoring of data entry, QA/QC reporting and data validation. No material QA/QC issues have been identified with respect to sample collection, security and assaying.
About the Mocoa Porphyry System
The Mocoa project is located in the department of Putumayo, approximately 10 kilometres from the town of Mocoa in southern Colombia. Copper Giant holds a district-scale land package of over 790 square kilometres through granted titles and applications, covering a substantial portion of the Jurassic porphyry belt - an underexplored and highly prospective metallogenic zone in the northern Andes.
Discovered in 1973 through a regional geochemical survey by the United Nations and the Colombian government, Mocoa has been the subject of multiple exploration campaigns. Between 1978 and 1983, follow-up work included geological mapping, IP and magnetic geophysics, surface sampling, drilling, and metallurgical testing. Additional drilling by B2Gold in 2008 and 2012 helped shape the current geological understanding.
The deposit is hosted in Middle Jurassic dacite and quartz-diorite porphyries intruding andesitic to dacitic volcanics, within Colombia's Central Cordillera. This 30-kilometre wide tectonic belt extends into Ecuador and hosts other major porphyry systems like Mirador, Warintza, San Carlos, and Panantza. Mocoa displays a classical porphyry-style alteration zonation: potassic core, sericitic halo, and outer propylitic zone, with mineralization consisting of disseminated chalcopyrite and molybdenite, and local bornite and chalcocite, associated with stockworks and hydrothermal breccias.
The system features over 1,000 metres of vertical continuity, overlapping hydrothermal stages, and a broad alteration footprint. Multiple intrusive phases, brecciation events, and vein generations suggest a dynamic magmatic-hydrothermal evolution likely driven by more than one porphyry center.
Mocoa remains open in all directions, with several satellite targets identified across the broader land package. These features support the interpretation of a district-scale porphyry system and position Mocoa as one of the most significant undeveloped copper-molybdenum assets in the Andes
1 For further information refer to NI 43-101 Technical Report, entitled "Technical Report on the Mocoa Copper-Molybdenum Project, Colombia", dated January 17, 2022, prepared by Michael Rowland Brepsant, FAusIMM, Robert Sim, P.Geo, and Bruce Davis, FAusIMM. with an effective date of November 01, 2021.
About Copper Giant
Copper Giant Resources Corp. is part of the Fiore Group, a private and well-established Canadian organization known for building successful, high-impact companies across the natural resource sector. Copper Giant was formed with a singular focus: to advance high-quality copper projects beyond resource definition—responsibly, efficiently, and with long-term positive impact.
The Company is led by a team with uncommon experience, having successfully taken some of the few major copper mines developed in the past two decades from discovery through to construction.
Copper Giant's current focus is the Mocoa copper-molybdenum deposit in southern Colombia, one of the largest undeveloped resources of its kind in the Americas. Recent exploration success has revealed potential well beyond its original footprint, highlighting Mocoa as a broader district-scale opportunity—and the catalyst for the Company's name and evolution.
Guided by the values of respect and r esponsibility, and grounded in its Good Neighbor philosophy, Copper Giant is committed to creating enduring value for all stakeholders and playing a meaningful role in the global energy transition.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release includes forward-looking statements that are subject to risks and uncertainties. All statements within, other than statements of historical fact, including statements regarding the drilling results of MD-047, the outcome of the Company's current resource expansion strategy; other activities and achievements of the Company, including but not limited to: the timing and success for the advancement of the Mocoa Project, the expansion of the Mocoa resource base; are to be considered forward looking. Although Copper Giant believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices and volatility with the Company's common shares, exploitation and exploration successes, uncertainty of reserve and resource estimates, risks of not achieving production, continued availability of capital and financing, processes, permits and filing requirements, risks related to operations in foreign and developing countries and compliance with foreign laws and including risks related to changes in foreign laws and changing policies related to mining and local ownership requirements in Colombia, and general economic, market, political or business conditions and regulatory and administrative approvals. There can be no assurances that such statements will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. We do not assume any obligation to update any forward-looking statements
SOURCE COPPER GIANT RESOURCES CORP.
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The Tawse Entities hold Shares for investment purposes and expect to review from time to time the investment in the Company and may, depending on the market and other conditions: (i) acquire additional securities, options or related derivatives in the open market, in privately negotiated transactions or otherwise, and (ii) dispose of all or a portion of the securities, options or related derivatives over which they now or hereafter exercise, or may be deemed to exercise, control or direct. A copy of Moray Tawse's related early warning report will be filed with the applicable securities commissions and will be filed under the Company's SEDAR+ profile at Further information and a copy of the early warning report of Moray Tawse may be obtained by contacting: Eric Torelli, Chief Financial Officer, Chambertin Asset Management Ltd., [email protected], (416) 994-7507. The Company's head office address is 16 York Street, Suite 1900, Toronto, Ontario, M5J 0E6. Advisors RBC Capital Markets is acting as financial advisor to the Company. BMO Capital Markets is acting as financial advisor and independent valuator to the Special Committee. Torys LLP is acting as legal advisor to the Company. Blake, Cassels & Graydon LLP is acting as legal advisor to the Special Committee. CIBC Capital Markets is acting as financial advisor and Davies Ward Phillips & Vineberg LLP is acting as legal advisor to Birch Hill and Brookfield. Birch Hill and Brookfield's debt financing for the transaction was fully underwritten by Canadian Imperial Bank of Commerce, RBC Capital Markets, and TD Securities, as Joint Bookrunners and Co-Lead Arrangers. Initial commitments were also provided by The Bank of Nova Scotia and National Bank of Canada, and will be followed by a general syndication. About First National First National Financial Corporation is the parent company of First National Financial LP, a Canadian-based originator, underwriter and servicer of predominantly prime residential (single-family and multi-unit) and commercial mortgages. With more than $155 billion in mortgages under administration, First National is one of Canada's largest non-bank mortgage originators and underwriters. For more information, please visit About Birch Hill Birch Hill is a Canadian mid-market private equity firm with a long history of driving growth in its portfolio companies and delivering returns to its investors. Based in Toronto, Birch Hill currently has over $6 billion in capital under management. Since 1994, the firm has made 73 investments, with 59 fully realized. Today, Birch Hill's 14 partner companies collectively represent one of Canada's largest corporate entities with over $8 billion in total revenue and more than 40,000 employees. About Brookfield Brookfield Asset Management (NYSE: BAM, TSX: BAM) is a leading global alternative asset manager with over US$1 trillion of assets under management. Brookfield invests client capital for the long term with a focus on real assets and essential service businesses that form the backbone of the global economy. Brookfield offers a range of alternative investment products to investors around the world — including public and private pension plans, endowments and foundations, sovereign wealth funds, financial institutions, insurance companies and private wealth investors. Brookfield's private equity business, which manages over US$145 billion of assets under management, focuses on driving operational transformation in businesses providing essential products and services. Forward-Looking Information This news release contains statements that are "forward-looking information" within the meaning of applicable securities laws. In some cases, forward-looking information can be identified by the use of terms such as "may", "will, "should", "expect", "plan", "anticipate", "believe", "intend", "estimate", "predict", "potential", "continue" or other similar expressions concerning matters that are not historical facts. Forward-looking statements include, among other things, statements with respect to the Transaction, including statements with respect to the rationale of the Special Committee and the Board for entering into the Arrangement Agreement, the terms and conditions of the Arrangement Agreement, the premium to be received by Shareholders, the expected benefits of the Transaction, the intention to continue to pay monthly dividends on the Shares and regular quarterly dividends on the Preferred Shares, the anticipated timing and the various steps to be completed in connection with the Transaction, including receipt of Shareholder, court and regulatory approvals, the anticipated timing for closing of the Transaction, the anticipated delisting of the Shares from the TSX, the anticipated treatment of the Preferred Shares and the Company Notes and the Company's status as a reporting issuer under applicable securities laws. Forward-looking statements are necessarily based on a number of opinions, assumptions and estimates that, while considered reasonable by the Company as of the date of this news release, are subject to inherent uncertainties, risks and changes in circumstances that may differ materially from those contemplated by the forward-looking information. Important factors that could cause actual results to differ, possibly materially, from those indicated by the forward-looking information include, but are not limited to: the possibility that the Transaction will not be completed on the terms and conditions, or on the timing, currently contemplated, and that it may not be completed at all due to a failure to obtain or satisfy, in a timely manner or otherwise, required shareholder and court approvals and other conditions of closing necessary to complete the Transaction or for other reasons; the possibility of adverse reactions or changes in business relationships resulting from the announcement or completion of the Transaction; risks relating to the retention of key personnel during the interim period; the possibility of litigation relating to the Transaction; risks related to the diversion of management's attention from the Company's ongoing business operations; and the other risk factors identified under "Risks and Uncertainties Affecting the Business" in the Company's latest management's discussion and analysis and in other periodic filings that the Company has made and may make in the future with the securities commissions or similar regulatory authorities in Canada, all of which are available under the Company's SEDAR+ profile at These factors are not intended to represent a complete list of the factors that could affect the Company. However, such risk factors should be considered carefully. There can be no assurance that such estimates and assumptions will prove to be correct. You should not place undue reliance on forward-looking information, which speaks only as of the date of this release and is subject to change after such date. Management and First National disclaim any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required under securities laws.
Globe and Mail
2 days ago
- Globe and Mail
News Brief: Westbridge Renewable Energy
%WestbridgeRenewableEnergy Corp. (TSXV: $WEB) (OTC: $WEGYF) (FRA: PUQ) a leading developer of utility-scale renewable energy and energy infrastructure, announces its intention to consolidate the Company's common shares. The Company announced that its Board of Directors has approved a consolidation of the Company's common shares on the basis of one post-consolidation Common Share for every four pre-consolidation Common Shares.
Cision Canada
2 days ago
- Cision Canada
Westbridge Renewable Energy Announces Share Consolidation
CALGARY, AB, /CNW/ - Westbridge Renewable Energy Corp. (TSXV: WEB) (OTCQX: WEGYF) (FRA: PUQ) ("Westbridge", "Westbridge Renewable" or the "Company") a leading developer of utility-scale renewable energy and energy infrastructure, announces its intention to consolidate the Company's common shares. The Company announces that its Board of Directors has approved a consolidation of the Company's common shares (the " Common Shares") on the basis of one (1) post-consolidation Common Share for every four (4) pre-consolidation Common Shares (the " Consolidation"), subject to approval from the TSX Venture Exchange (the " Exchange" or the " TSXV"). The Consolidation is being undertaken in order to position the Company for broader institutional investor participation, enhance trading liquidity, and support its long-term capital markets strategy. The Company currently has 101,149,851 Common Shares issued and outstanding. Following the Consolidation, it is expected that the Company will have approximately 25,287,462 Common Shares issued and outstanding, subject to rounding for fractional shares. No fractional shares will be issued as a result of the Consolidation. Any fractional interest in Common Shares will be rounded down to the nearest whole number, in accordance with TSXV policies. The Consolidation remains subject to final approval by the Exchange. The Company's name and trading symbol will remain unchanged. The effective date of the Consolidation, along with the new CUSIP and ISIN numbers, will be announced in a subsequent news release once TSXV approval has been obtained. "This share consolidation is a strategic step that supports Westbridge's broader growth trajectory and enhances our profile in public capital markets," said Stefano Romanin, CEO of Westbridge. About Westbridge Renewable Energy Westbridge originates, develops, operates and monetizes best-in-class, utility-scale solar PV projects, stand-alone battery energy storage projects and other clean energy-focused development. The Company has a portfolio of projects in four key jurisdictions: Canada, the U.S., the U.K. and Italy. Westbridge delivers attractive, long-term returns by originating and developing an international portfolio of renewable energy assets to support increasing demand for energy and grid reliability. Management brings a strong track-record with a cumulative 40+ development projects worldwide. As one of very few listed, pure-play international solar and BESS development companies, Westbridge provides investors with access to greenfield solar and energy storage projects at the earliest stage of development, allowing them to benefit from the full development value chain. Westbridge aims to deliver clean, sustainable electricity and energy storage solutions to support increasing electricity demand and grid reliability in the jurisdictions in which it operates. For more information, please visit: | Twitter | LinkedIn Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Forward-Looking Statements Certain information set forth in this document contains forward-looking information and statements and the timing thereof. Forward-looking information also includes management's assessment of future plans and operations, that the Company will complete the Consolidation; that the Company will receive the necessary approvals to complete the Consolidation; that the number of Shares outstanding following the Consolidation will be consistent with the number set out herein; that the Consolidation will impact the Company as anticipated; and that the treatment of fractional shares will align with management's current expectations. Such forward-looking statements or information are provided for the purpose of providing information about management's current expectations and plans relating to the future, including project milestone progress at Fontus, and should not be relied upon for any other purpose. Forward-looking statements or information typically contain statements with words such as "anticipate", "believe", "expect", "plan", "intend", "estimate", "propose", "project", "potential", "will", "may", "could", "should", or similar words suggesting future outcomes or statements regarding future performance and outlook. Readers are cautioned that assumptions used in the preparation of such information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted as a result of numerous known and unknown risks, uncertainties and other factors, many of which are beyond the control of the Company. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, undue reliance should not be placed on them, as actual results may differ materially from the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include, but are not limited to: the Company's ability to complete licensing and interconnection processes; availability of capital and financing on acceptable terms or at all; risks relating to general business, economic, competitive, regulatory, policy and social uncertainties; changes in laws or market conditions; and the risks identified under the headings "Risk Factors" in the Company's annual financial statements and management's discussion and analysis, and other disclosure documents available on the Company's profile on SEDAR+ at The forward-looking statements contained in this press release are made as of the date hereof, and the Company undertakes no obligation to publicly update or revise any forward-looking statements or information, except as required by law. SOURCE Westbridge Renewable Energy Corp.
