# Copper Giant Begins Planned Comprehensive PEA for the Mocoa Copper-Molybdenum System with Globally Recognized Development Team Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/copper-giant-begins-planned-comprehensive-pea-for-the-mocoa-copper-molybdenum-sy--523a47b3-2199-4281-b800-e3bb5b8df647 Original source: https://money.tmx.com/en/quote/CGNT/news/8213939812878778/copper-giant-begins-planned-comprehensive-pea-for-the-mocoa-copper-molybdenum-sy Publisher: tmx Original announcement: 2026-05-05T11:30:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Copper Giant Resources Corp. - Ticker: CGNT - Exchange: TSX - Region: Putumayo, Colombia - Primary commodity: Copper - Secondary commodities: Molybdenum - Document categories: Resource update, Economic study - Extracted: 2026-09-19 14:40:58 UTC Narrative sentiment: 0.60 · Bullish ## Minestarters Atlas summary Copper Giant Resources Corp. has commenced work on a Preliminary Economic Assessment \(PEA\) for its Mocoa copper-molybdenum porphyry project in Colombia. The project hosts an Inferred resource of 12.7 billion pounds of copper-equivalent at 0.51% CuEq within 1,120 million tonnes. Initial metallurgical testing has shown high recoveries of up to 92% for copper and 97% for molybdenum. Reasoning: The announcement marks the transition from resource definition to economic evaluation \(PEA\) for a significant copper-molybdenum porphyry project, supported by strong initial metallurgical results. - Positive factor: Commencement of PEA for a large-scale porphyry system - Positive factor: High metallurgical recoveries reported \(92% Cu, 97% Mo\) - Positive factor: Integration of a globally recognized technical team - Positive factor: Large scale resource \(12.7 Blbs CuEq\) - Negative factor: Resource is entirely Inferred, which is speculative for economic modeling Facts used in scoring: 3 ## Classification and evidence **PEA Only** Polarity: neutral Definition: Only Class 4 / Initial Assessment economics available. Not bankable. Why it applies: The company is announcing the start of work to file a Preliminary Economic Assessment \(PEA\). Evidence · text > is pleased to announce the start of the work to file a Preliminary Economic Assessment \("PEA"\) **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: The project's resource is currently classified as Inferred. Evidence · text > hosting an Inferred resource of 12.7 billion pounds \(Blbs\) copper-equivalent \(CuEq\*\) **High Recovery** Polarity: positive Story-specific tag Definition: Recovery at or above the exceptional band for the commodity and processing route. Why it applies: Initial metallurgical testing returned recoveries of 92% Cu and 97% Mo, which are in the exceptional/strong bands. Evidence · text > returned initial recoveries of up to 92% copper and 97% molybdenum ## Extracted facts Stored fact records: 2. Some facts used in scoring do not have a stored record. ## Resource Estimates (2) ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/copper-giant-begins-planned-comprehensive-pea-for-the-mocoa-copper-molybdenum-sy--523a47b3-2199-4281-b800-e3bb5b8df647#fact-resource-facts-1) Mocoa · copper Historical result Needs review: historical\_restatement #### Identity - Project: Mocoa - Commodity: copper - Region: colombia - Reported Region: Putumayo, Colombia - Ticker: CGNT #### Resource scope - Estimate type: resource - Effective date: 2025-11-18T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Kevin Hon, Warren Black - Resource group id: resource:c91d41276d9c7a2a30d2 - Deposit or zone: Mocoa - Mining method: open\_pit - Material type: other - Resource basis: gross #### Resource Data - Category: inferred - Tonnes: 1120000000 - Grade: 0.31 - Grade Unit: % - Contained Metal: 7700000000 - Contained Unit: lbs - Cutoff Grade: 0.25 - Cutoff Unit: % CuEq\* #### Prior Estimate - Resource Date: 2025-11-18 #### Metal Equivalent - Metal Eq. Grade: 0.51 - Metal Eq. Unit: % CuEq\* - Assumptions Disclosed: Yes #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2025-11-18T00:00:00.000Z #### Dates - Event date: 2026-05-05T00:00:00.000Z Reasoning: The resource estimate is a restatement of the MRE dated November 18, 2025, used as the basis for the upcoming PEA. - Positive factor: Large scale resource - Negative factor: Entirely Inferred Evidence · text > Mocoa's Mineral Resource Estimate 1 comprises Inferred resources of 12.7 billion pounds \(Blbs\) copper-equivalent \(CuEq\* \) at an average grade of 0.51% CuEq\* #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports **PFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/copper-giant-begins-planned-comprehensive-pea-for-the-mocoa-copper-molybdenum-sy--523a47b3-2199-4281-b800-e3bb5b8df647#fact-resource-facts-2) Mocoa · molybdenum Historical result Needs review: historical\_restatement #### Identity - Project: Mocoa - Commodity: molybdenum - Region: colombia - Reported Region: Putumayo, Colombia - Ticker: CGNT #### Resource scope - Estimate type: resource - Effective date: 2025-11-18T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Kevin Hon, Warren Black - Resource group id: resource:c91d41276d9c7a2a30d2 - Deposit or zone: Mocoa - Mining method: open\_pit - Material type: other - Resource basis: gross #### Resource Data - Category: inferred - Tonnes: 1120000000 - Grade: 0.039 - Grade Unit: % - Contained Metal: 1000000000 - Contained Unit: lbs - Cutoff Grade: 0.25 - Cutoff Unit: % CuEq\* #### Prior Estimate - Resource Date: 2025-11-18 #### Metal Equivalent - Metal Eq. Grade: 0.51 - Metal Eq. Unit: % CuEq\* - Assumptions Disclosed: Yes #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2025-11-18T00:00:00.000Z #### Dates - Event date: 2026-05-05T00:00:00.000Z Reasoning: The molybdenum grade is part of the same MRE as the copper grade. - Positive factor: Large scale resource - Negative factor: Entirely Inferred Evidence · text > including 7.7 Blbs of copper at 0.31% Cu and 1.0 Blbs of molybdenum at 0.039% Mo #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports **PFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ## How Atlas produces this analysis Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.