11:13 AM EDT, 03/16/2026 (MT Newswires) -- Copper Giant Resources ( LBCMF ) , down 12% on last look, on Monday said the latest drill results from its Mocoa project in Colombia have returned higher copper and molybdenum grades.

Highlights include 386 meters grading 0.39% copper equivalent starting at 307 meters including the last 77 meters of the hole with 0.49% copper equivalent over a section potentially related to the recently discovered third high-grade zone at Mocoa.

A second hole returned 257 meters with 0.63% copper equivalent, starting at 275 meters and 191 meters with 0.72% copper equivalent starting at 341 metres, the company said.

The drill holes were designed to expand Mocoa's mineral resource estimate footprint along the southern margin of the deposit as well as infill drilling to increase geological confidence in areas of wider drill spacing. Drilling continues at full capacity with two drill rigs currently operating on site.

Copper Giant shares were last seen down $0.10, to $0.76, on the TSX Venture Exchange.

Price: 0.76, Change: -0.10, Percent Change: -11.63