Giga Metals Corporation announced that Giga will discontinue its greenfields copper exploration activities in Piaui State, Brazil. Since early 2021, Giga Metals, has conducted several reconnaissance and follow-up exploration programs across a 40kHa exploration land package along the southern perimeter of the Parnaiba Sedimentary Basin in southern Piaui State, Northeast, Brazil. This work was done via its wholly owned subsidiary Giga Brazil.

Exploration included remote sensing, reprocessing of regional magnetic and radiometric geophysical data, stream sediment sampling and reconnaissance percussion drilling targeting potentially economic “Kupferschiefer-style” sediment hosted copper mineralization, examples or which were known to occur in this remote, under-explored region of Brazil.