Mr. David Greenway reports

GIANT MINING TO DRILL FOUR CORE HOLE DRILL PROGRAM AT MAJUBA HILL

Giant Mining Corp. is planning a four-hole core drilling program at its Majuba Hill copper-silver deposit in Pershing county, Nevada.

The core program is designed to follow up hole MHB-30, which encountered high-grade copper-silver mineralization from zero to 218.0 feet (66.4 metres) of 1.35 per cent copper and 73.4 grams per tonne silver, including 74.0 feet (22.6 metres) of 2.6 per cent copper and 30.1 grams per tonne silver.

Combining the copper and the silver results returns a copper equivalent of zero to 218.0 feet (66.4 metres) of 2.1 per cent copper equivalent, including 140.0 to 214.0 feet for 74.0 feet (22.6 metres) at 2.9 per cent copper equivalent.

"We are excited to announce this newest core drill program as a follow-up to hole MHB-30, which significantly exceeded our expectations for high-grade copper-silver mineralization," said David Greenway, chief executive officer of Giant Mining. "The company is steadfast in its belief of the potential at Majuba Hill and that 2025 will be a breakout year for copper, with industry insiders seeing the potential for $5-plus copper on the horizon, an undeniable shortfall of copper supply and a new U.S. presidential administration that will focus on speeding up permitting timelines for critical, domestic mineral production."

Drilling is planned to target the southern breccia corridor with holes oriented to intersect the high-grade mineralized breccia. Drilling will focus on the deeper portions of the breccia and the extensions of the high-grade copper zones below the historic underground workings.

Copper equivalent calculation

Copper equivalent values were calculated on Sept. 24, 2024, by combining the assay values for copper and silver assay results for each intercept using an interval-weighted calculation based on $4.475 per pound copper and $31.29 per ounce silver. Copper on Sept. 24, 2024, was trading at $4.475 per pound copper and $31.29 per ounce silver.

Quality assurance/quality control (QA/QC) measures and chain of custody

The company utilizes a QA/QC program using best industry practices at the Majuba Hill project. The samples are placed in cloth or plastic sample bags and are transported from the Giant Mining secure warehouse to the ALS Labs sample prep facility in Elko, Nev. ALS then transports the prepared pulps to its analytical lab in North Vancouver, B.C.

Drill core samples are sawn in half lengthwise and one-half is placed in labelled cloth sample bags. All samples are analyzed for copper, gold, silver and 33 other elements. Gold is determined by ALS Labs method Au-AA23, which is a fire assay with an AAS finish on a 30-gram split. Copper, silver and the remaining 31 elements are determined by ALS Labs method ME-ICP61, which is a four-acid digestion and ICP-AES assay. Approximately 10 per cent of the submitted samples are drill duplicates and copper-gold-porphyry commercial standard reference material pulps. The sample rejects and remaining pulps will be retrieved from ALS Labs.

Qualified person

The scientific and technical information contained in this news release has been reviewed and approved by E.L. (Buster) Hunsaker III, CPG No. 8137, a non-independent consulting geologist who is a qualified person as such term is defined under National Instrument 43-101, Standards of Disclosure for Mineral Projects.

Corporate communications

The company announces that it has engaged the services of Free Market Media Ltd. to assist the company with corporate communications. Free Market is based out of Langley, B.C., and its principal is Brent Rusin, whose e-mail is info@giantminingcorp.com and phone number is 604-790-7291.

The company has entered into a consulting agreement with Free Market dated Dec. 1, 2024, whereby the services to be provided immediately by Free Market are on a continuing basis for the next six months. Free Market will be paid a fee of $2,500 per month and issued 200,000 stock options exercisable at a price of 20 cents for a period of 12 months. The agreement may be renewed or extended by the company and Free Market at the end of the initial term. Free Market is not a related party and operate at arm's length.

Non-brokered private placement

The company is pleased to announce a non-brokered private placement of up to 22,092,200 units at a price of 10 cents per unit for gross proceeds of up to $2,209,200.

Each unit will consist of one common share and one transferable common share purchase warrant. Each warrant entitles the holder to purchase one additional share of the company at a price of 25 cents per share for a period of 12 months from the date of issuance.

The warrants will contain an acceleration provision, which will provide that should the company's shares trade at or above 40 cents for a period of five or more consecutive trading days, the expiry date of the warrants will be accelerated to 30 days from the date that the company provides notice (whether by written notice to the holder or the issuance of a news release) that the acceleration condition has been satisfied.

Listed issuer financing exemption (LIFE) offering

The company is pleased to further announce a non-brokered private placement offering of up to 1,371,040 units of the company at a price of 12 cents per unit for aggregate proceeds of up to $164,524.80.

The units to be issued under the LIFE offering will be offered to purchasers pursuant to the listed issuer financing exemption under Part 5A of National Instrument 45-106, Prospectus Exemptions, in Alberta, British Columbia and Ontario. The units offered will not be subject to a hold period in accordance with applicable Canadian securities laws.

About Giant Mining Corp.

Giant Mining is engaged in the identification, review and acquisition of latter-stage copper and copper/silver/gold assets. This is in direct response to the growing worldwide demand and lack of supply for precious metals fuelled by the Green New Deal in the United States and most other developed nations with similar programs aimed at addressing climate change. Such programs are heavily reliant on silver, gold and especially copper to produce electric vehicles and other renewable power sources as well as building infrastructure to provide clean and affordable electricity.

The flagship project is the Majuba Hill copper, silver and gold district located 156 miles (251 kilometres) outside Reno, Nev., United States. Management has been mandated to focus on safe, mining-friendly jurisdictions, where government regulations are supportive of mining operations.

We seek Safe Harbor.