| Announcement Date: | 2022-11-07 |
|---|---|
| Announcement Type: | Drilling Results |
| Announcement Code: | NI43-101 |
| Company name: | Midnight Sun Mining Corp. |
| Project name: | Mitu |
| Location: | Zambia |
| Commodities: | Copper,Nickel,Cobalt |
| Highlight: | Drilling results incl. 5.8m at 1.86% Cu, 0.07% Co, 0.02% Ni from 119.2m |
| Resources: | only available to subscribers |
| CP/QP: | only available to subscribers |
| Announcement summary: | Vancouver, British Columbia, November 7, 2022 – Midnight Sun Mining Corp. (the “Company” or “Midnight Sun”) (TSX-V: MMA / OTCQB: MDNGF) is pleased to release the initial results from drilling conducted on its Solwezi Licences during 2022. The Solwezi Licences are located immediately southwest of First Quantum’s Kansanshi Copper Mine, the largest copper mining complex in Zambia. Midnight Sun’s 2022 exploration program was designed to validate and confirm new structural control models for upgraded stratabound copper mineralization in different areas of known mineralization on the Solwezi Licences. The new structural control models were developed in-house following a review and re-interpretation of past exploration work and new high-resolution geophysical data over the project area. During the 2022 Solwezi field season, Midnight Sun has completed 12 drill holes totaling 2,639 metres of core with two additional drill holes currently in progress. Drilling has been on the Mitu Trend and on the Crunch Zone Prospect. The Company intends to continue field work as long as weather conditions permit. For the balance of the 2022 field season, the Company’s work will focus on gaining a better understanding of the newly identified Kansanshi-style mineralization on the Mitu Trend. |
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