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Midnight Sun Mining Corp. V.MMA

Alternate Symbol(s):  MDNGF

Midnight Sun Mining Corp. is a Canada-based exploration company. The Company is focused on exploring its flagship Solwezi Project, located in Zambia. Its property is situated in the heart of the Zambian Copper Belt. It holds a 60% interest in two mineral exploration licenses, 21509-HQ-LEL and 12124-HQ-LPL, (the Solwezi Licenses), which are held by subsidiary of Kam Chuen, Zambian Highlight Mining Investment Limited (ZHMI). The Solwezi mineral exploration licenses in Zambia covers approximately 506 km2 and is located adjacent to the copper mine in Africa, First Quantum's Kansanshi copper/gold mine. Its target areas include Dumbwa, Mitu, Kazhiba (22 Zone) and Crunch Zone. The 22 Zone is situated approximately 20 kilometers (km) northwest of the Solwezi Dome and is less than 10 km from the western mine gate of the Kansanshi Mine complex. Mitu is located in the southwestern portion of the Solwezi Project and features ore shale type mineralization on the flank of the Solwezi Dome.


TSXV:MMA - Post by User

Post by ecanadian2on Jun 14, 2022 1:39pm
177 Views
Post# 34755617

"we are way better off midnight sun going it alone"

"we are way better off midnight sun going it alone" Azzuriberg99 - care to elaborate on this? 
I know per today's NR they want to drill this year.  But they are also, in effect ,discounting assessment of a mining giant who walked away.  Yes, I know different objectives and thresholds but still ...

MMA now has $15M market cup and under $2M working capital ... how can they "go it alone"?
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