VANCOUVER, BC — February 17, 2026 — Leads & Copy — Copper Giant Resources Corp. (TSXV: CGNT, OTCQB: LBCMF, FRA: 29H0) has announced its 2026 Exploration Program at the Mocoa Project in Putumayo, Colombia.
The company anticipates this to be its largest drilling campaign to date. Mocoa is a Jurassic age porphyry copper-molybdenum deposit where drilling has delineated continuous copper and molybdenum mineralization from surface to depths exceeding 1,000 vertical metres.
The 2026 program comprises approximately 23,000 metres of directional drilling and is designed to advance the project toward a Preliminary Economic Assessment (PEA) level evaluation.
The primary objectives of the program are to expand the current Mineral Resource Estimate (MRE) footprint, test new district-scale targets, and potentially upgrade Inferred Mineral Resources to the Indicated category.
Ian Harris, President & CEO, said Mocoa has passed the billion-tonne Inferred Resource Estimate threshold, establishing it as one of the few independent, near-surface copper-molybdenum systems of global scale. Harris added that the 2026 program is designed to turn that scale into the project-level confidence needed to advance toward a PEA later this year.
Edwin Naranjo Sierra, Vice-President of Exploration, said the 2026 campaign is the most integrated drilling program ever at Mocoa, with approximately 23,000 metres planned and two rigs already operating at full capacity. He added that the company is preparing to add a third rig soon to accelerate target testing, with a focus on expanding the deposit footprint, potentially converting 30–50% of Inferred resources to Indicated, and drill-testing priority targets.
Highlights of the proposed 2026 Exploration Plan include:
Approximately 23,000 metres of planned drilling, representing an increase of more than 80% compared to the 2025 drilling campaign.
A fully funded, balanced, flexible, and cost-effective exploration program, designed to dynamically allocate drill metres across multiple high-priority objectives.
MRE Footprint Expansion: Step-out drilling aimed at expanding the current Mineral Resource Estimate footprint toward the margins of the porphyry system. Priority will be placed on under-drilled areas within the constrained MRE shell, as well as on extending the three recognized high-grade zones.
Regional Target Testing: Drill testing of multiple priority targets surrounding the Mocoa porphyry to evaluate district-scale growth potential.
Resource Conversion: Strategic in-fill drilling targeting areas that may support future mine planning scenarios in a potential PEA with the goal of converting approximately 30–50% of Inferred Mineral Resources to the Indicated category.
The company has commenced its 2026 drilling campaign with two drill rigs currently operating at full capacity on site.
Dedicated expansion drilling will target areas beyond or at the edge of the current resource limits, utilizing step-out holes to test portions of the porphyry system where the limits of mineralization remain unconstrained.
In parallel with MRE-focused drilling, the Company will continue to drill test priority targets located outside the current MRE footprint.
A key objective of the 2026 drill program is the conversion of approximately 30–50% of the current Inferred Mineral Resources to the Indicated category.
The 2026 exploration program also advances key project de-risking initiatives, including early-stage engineering studies (geotechnical and hydrogeological) and advanced metallurgical testing.
Mocoa’s Mineral Resource Estimate comprises Inferred resources of 12.7 billion pounds copper-equivalent at an average grade of 0.51% CuEq, including 7.7 Blbs of copper at 0.31% Cu and 1.0 Blbs of molybdenum at 0.039% Mo, within 1,120 million tonnes.
Copper Giant Resources Corp. is part of the Fiore Group and is focused on advancing high-quality copper projects. The company’s current focus is the Mocoa copper-molybdenum deposit in southern Colombia.
Source: Copper Giant Resources Corp.
