Copper Giant Resources Corp. (CGNT.V) reported assay results from infill hole MD-066 at its Mocoa copper-molybdenum porphyry project in Putumayo, Colombia on July 28, 2026. The hole intersected 584 metres of continuous mineralization grading 0.73% CuEq — broken down as 0.40% Cu and 0.062% Mo — exceeding the project's current Mineral Resource Estimate average of 0.51% CuEq, according to the company's July 28, 2026 news release.

Per a snapshot dated July 30, 2026 at 13:30 UTC, CGNT.V traded at $0.98, up 18.1%, on volume of 1,420,000 shares. The stock opened that session at $0.77.

Mocoa's existing Inferred resource stands at 1.12 billion tonnes, hosting 12.7 billion pounds of CuEq — comprising 7.7 billion pounds of copper at 0.31% Cu and 1.0 billion pounds of molybdenum at 0.039% Mo, per the same release. MD-066 is an infill hole, meaning it sits inside that already-defined resource envelope, yet returned a grade above the envelope's own average. The company has not quantified what impact, if any, this result may have on future resource or economic estimates.

Metallurgical work reported in October 2025 adds context to the grade numbers. Bench-scale flotation testing demonstrated rougher copper recoveries of up to 92% and rougher molybdenum recoveries of up to 97%, per the company's prior disclosure. At those recovery rates, the 0.062% Mo component is a material contributor to the CuEq figure, not a rounding-error by-product.

The company is targeting completion of a Preliminary Economic Assessment in the second half of 2026, per the July 28, 2026 news release. MD-066 is positioned as infill work feeding into that PEA.

No executive quote was available in the primary source material accessed for this article.

Beyond Mocoa, the company holds the Esperanza Porphyry Copper-Gold Project in San Juan, Argentina; the Big Red Porphyry Copper Project in British Columbia; and the Cauca (Santa Rosa) land package in the Cauca–Putumayo region of Colombia, per the July 28, 2026 news release. None of those projects are the subject of this release.

The next disclosed milestone is PEA completion, targeted for second-half 2026.