Copper Giant Taps Aziwell for Directional Drilling Upgrade at Mocoa

Libero Copper & Gold ( (TSE:CGNT) ) just unveiled an announcement.

Copper Giant Resources Corp. is a Vancouver-based mineral exploration company focused on large-scale copper and molybdenum resources, led by its flagship Mocoa porphyry project in southern Colombia. The Jurassic-age Mocoa deposit has demonstrated continuous mineralization from surface to over 1,000 metres, making it a key asset for the company’s long-term development strategy.

The company has engaged Aziwell Colombia SAS to introduce directional drilling technology at Mocoa as part of its 2026 exploration program, the largest drill campaign in the project’s history. By using multiple daughter holes from single pilot holes, Copper Giant aims to boost data density, accelerate resource expansion and conversion, lower costs and timelines, and reduce surface disturbance, marking a significant operational upgrade with potential benefits for project economics and environmental footprint.

Aziwell will provide its proprietary directional core drilling system and technical support, bringing experience from complex drilling campaigns across multiple continents. The adoption of this technology is expected to improve drilling efficiency, safety, and geological understanding at Mocoa, supporting upcoming technical studies and reinforcing the project’s progression within the global copper exploration landscape.

The most recent analyst rating on (TSE:CGNT) stock is a Hold with a C$0.71 price target. To see the full list of analyst forecasts on Libero Copper & Gold stock, see the TSE:CGNT Stock Forecast page.

Spark’s Take on TSE:CGNT Stock

According to Spark, TipRanks’ AI Analyst, TSE:CGNT is a Neutral.

The score is held back primarily by weak financial performance—no revenue, widening losses, and significant negative free cash flow implying continued reliance on external funding. Technicals provide the main support with a strong uptrend and positive momentum, while valuation remains constrained by negative earnings and the absence of a dividend.

To see Spark’s full report on TSE:CGNT stock, click here.

More about Libero Copper & Gold

Copper Giant Resources Corp. is a Vancouver-based mineral exploration company focused on its flagship Mocoa copper–molybdenum porphyry project in Putumayo, Colombia. The Jurassic-age Mocoa deposit hosts continuous copper and molybdenum mineralization from surface to depths exceeding 1,000 metres, positioning the company within the large-scale copper and critical metals segment of the mining sector.

The Mocoa project represents Copper Giant’s primary growth platform, with the company concentrating on resource expansion and conversion through extensive drilling campaigns. Its strategy emphasizes both technical advancement and responsible exploration practices as it advances the project toward future technical and economic studies.

Average Trading Volume: 1,554,302

Technical Sentiment Signal: Buy

Current Market Cap: C$151.9M

For an in-depth examination of CGNT stock, go to TipRanks’ Overview page.