09:21 AM EDT, 06/25/2025 (MT Newswires) -- Copper Giant Resources ( LBCMF ) reported Wednesday the highest copper grades it intersected to date within a porphyry unit at the Mocoa copper-molybdenum project in Colombia.

The company said it intercepted visible copper and molybdenum mineralization for the first 489 meters at 0.45% copper equivalent, including 303 meters grading 0.67% copper equivalent.

The partial results were from drill hole MD-047 as part of a 14,000-meter resource expansion program at the project.

"It points to a new high-grade phase and validates the broader upside we outlined in our updated exploration target," said Ian Harris, president and CEO of Copper Giant.

Due to the copper grades intercepted and an operational delay that required a wedge installation, the company said it chose to release the upper portion of the hole in advance of final results.

"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," Harris said.

Copper Giant's share price gained 5.3% on Tuesday to $0.20 on the TSXV.