Core Viewpoint - Giant Mining Corp. supports the U.S. Government's commitment to fast-track permitting for critical mineral projects, emphasizing the importance of domestic copper production for national security and economic independence [1][3]. Government Initiatives - The U.S. Government has implemented several strategic initiatives to enhance domestic copper supply chains, including fast-tracked permitting, mobilization of the Defense Production Act, and prioritization of copper extraction by federal agencies [4][5][6]. - A 50% tariff on imported copper was imposed in July 2025 to reduce reliance on foreign supply chains, which has already increased domestic demand for U.S.-sourced copper [7]. Project Development - Giant Mining is advancing exploration at the Majuba Hill Copper-Silver-Gold Project, with a focus on a new drill program and a pending Mineral Resource Estimate [8]. - The project is located in a top-ranked mining jurisdiction in Nevada, covering 9,684 acres, and has a solid infrastructure foundation for large-scale operations [9][13]. Exploration and Mineralization - The Majuba Hill project has shown indications of a potentially large mineralized body, with significant expansion potential based on recent drilling activities [9]. - Approximately 89,395 feet of drilling has been conducted to date, with a historical replacement value of USD 12.1 million [9]. Quality Assurance - The company employs a robust QA/QC program for sample analysis, ensuring high standards in mineral testing and data integrity [10].
Giant Mining Aligns with White House "America First" Strategy to Fast-Track Critical Minerals and Reshore the U.S. Copper Supply Chain
Thenewswireยท2025-07-11 23:15