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.

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Midnight Sun Mining Corp. > Resource threshold

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Comment by Sherry35on Sep 22, 2022 5:07pm

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Post# 34980230

RE:Resource threshold

Thank you for the education. I learned something today which is a good thing. You can take my initial claculation and scale according to the number of pounds. Doesn't take into account pit vs shaft, secodnary minerals, nearby infrastructure and potential competing acquirers. 10 cents on the dollar was number given to me by Matt a few years back. It could be more given the fore mentioned parameters and EV industrial era. Do you think 15 cents on dollar is possible given my stated benefits?

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