In the Andean mountains around Mocoa, Colombia, a giant is emerging. The Mocoa deposit is a rare near-surface Cu-Mo porphyry system – a true unicorn – hosting one of the largest copper resources in Colombia and one of the largest undeveloped molybdenum resources globally with access to regional infrastructure corridors that support future development studies.

Mocoa host an Inferred resources¹ of 12.7 billion pounds (Blbs) copper-equivalent (CuEq*) 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 (Mt).

But to understand its full scale and map out the entire deposit efficiently and with the lowest environmental footprint possible, Aziwell lent a helping hand with its Directional Core Drilling tool, the Azidrill.

About Aziwell and Copper Giant

The Mocoa Project is one of the largest undeveloped copper-molybdenum resources in the Americas, with mineralization extending more than 1,100 vertical metres and remaining open in multiple directions. Directional drilling forms part of Copper Giant’s 2026 exploration program, which will be the largest drill campaign in the history of the project.

When the collaboration started, it marked the first time directional drilling technology was deployed at the Mocoa Project. Copper Giant described it as an important step in the continued evolution of its exploration strategy.

‍¹For further information refer to NI 43-101 Technical Report, entitled "“Technical Report and Updated Mineral Resource Estimate for The Mocoa Project, Putumayo Department, Colombia”, dated January 8, 2026, prepared by Michael Dufresne (P.Geo, P.Geol, MSc), Warren Black (MSc, P.Geo), Kevin Hon (BSc, P.Geo) and Chester de Leon (P.Eng), with an effective date of December 23, 2025.

*The coreshack area at Mocoa (image provided by Copper Giant).*

Copper Giant’s use of the Azidrill

This project marks the first time Copper Giant has drilled “daughter holes” from a main “mother hole”.

When talking about deep boreholes that extend for longer than 1000m, drilling each borehole from surface to target makes it hard to ensure accuracy, but it is also expensive, time consuming, and requires the movement of the drill rig and the building of new drill pads. This serves as a backdrop for why directional drilling was the obvious choice for this project:

“The implementation of directional drilling at Mocoa marks an important technical evolution for the project. Our focus is not only on metres drilled, but on drilling smarter,” says Edwin Naranjo Sierra, Vice-President of Exploration at Copper Giant.

By branching out from lower in the main borehole, one can hit multiple targets without having to move around the rig or drill the entire 1000+m over and over again.

Copper Giant incorporated directional drilling technology as part of its evolving exploration strategy and partnered with Aziwell to support a more efficient exploration approach focused on target quality, efficiency and reduced footprint. It is not all about just drilling, it is drilling smarter.

“Projects like Mocoa show why directional drilling is becoming a key part of modern exploration, helping operators reduce cost per target while improving decision-making and minimizing environmental footprint," explains Nils Ivar Iversen, CEO of Aziwell.

*Copper and molybdenum mineralization at Mocoa (image provided by Copper Giant)*

Early results of the project

On top of strong Cu-Mo grades, the drilled “daughter holes” allowed for much better mapping of the mineralization, showing it to extend well into areas previously modelled as waste. This highlights the value of improved targeting and better understanding of the mineralized system.

At Mocoa, directional drilling is helping us to cover more area within the deposit footprint with less drilling — testing more targets from fewer drill pads, improving efficiency while reducing surface disturbance as the project advances the largest drill campaign in its history”

- Edwin Naranjo Sierra, Vice-president of Exploration of Copper Giant.

Advanced technology for directional drilling projects in Colombia

Aziwell is a leading provider of directional drilling solutions and offers service and software products for directional drilling projects in Colombia and the region. Take advantage of our advanced technology which reduces the environmental footprint through optimized drill-path planning. It allows you to hit multiple targets from a single drill pad, significantly reducing land disturbance, and CO₂ emissions – a critical requirement for modern, mineral exploration.

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About Copper Giant

Copper Giant Resources Corp. is part of the Fiore Group, a private and well-established Canadian organization known for building successful, high-impact companies across the natural resource sector. Copper Giant was formed with a singular focus: to advance high-quality copper projects beyond resource definition—responsibly, efficiently, and with long-term positive impact.

The Company is led by a team with uncommon experience, having successfully taken some of the few major copper mines developed in the past two decades from discovery through to construction.

Copper Giant's current focus is the Mocoa copper-molybdenum deposit in southern Colombia, one of the largest undeveloped resources of its kind in the Americas. Recent exploration success has revealed potential well beyond its original footprint, highlighting Mocoa as a broader district-scale opportunity—and the catalyst for the Company's name and evolution.

Guided by the values of respect and responsibility, and grounded in its Good Neighbor philosophy, Copper Giant is committed to creating enduring values for all stakeholders and playing a meaningful role in the global energy transition.

About Aziwell

Aziwell is a Norwegian engineering company founded in August 2014. Through a close cooperation with Innovation Norway, several development projects were initiated. This led to a major breakthrough in 2017, when the company’s first product, AziDrill® – Directional Core Barrel, was successfully tested by a leading drilling company. Now we provide directional drilling and borehole survey services for the mineral exploration and infrastructure industries world-wide.