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Midnight Sun Mining Corp V.MMA

Alternate Symbol(s):  MDNGF

Midnight Sun Mining Corp. is a Canada-based company, which is focused on exploring its flagship Solwezi Project, located in Zambia. Its property is situated in the heart of the Zambia-Congo Copperbelt. It holds a 60% interest in two mineral prospecting licenses, 21509-HQ-LEL and 12124-HQ-LPL, the Solwezi Licenses, which are held by a subsidiary of Kam Chuen, Zambian Highlight Mining Investment Limited. Its properties comprise 506 square kilometers of prospective geology contiguous to the mine license held by First Quantum Minerals, which includes the Kansanshi Mining Complex. Its target areas include Dumbwa, Mitu, Kazhiba (22 Zone) and Crunch Zone. Dumbwa is a Tier-One exploration target, featuring a remarkable copper soil anomaly. Mitu is a target area located in the southwestern portion of its Solwezi Project. Crunch Zone is situated between the Kazhiba Dome in the northwest and the Solwezi Dome in the southeast. Kazhiba is located 20 kilometers northwest of the Solwezi Dome.


TSXV:MMA - Post by User

Post by Magnum2on Dec 01, 2020 3:25pm
442 Views
Post# 32011458

Picked up the last shares @ 23 Centavos

Picked up the last shares @ 23 CentavosI spoke with IR, Rio Tinto is all over this now, MMA should see monthly updates of some sort, we'll see what that translates into news wise.

MMA @ 80.65% interest and with next phase of earn in, if their JV partner isn't able or is unwilling to anti up cash, then MMA's percentage in the overall land package continues to grow.

I will continue to pick away, the potential here is massive as a neighboring mine(T.FM) with a large mill is running outta dirt to process...I forgot to ask how many drills Rio runs.

Anyhow, I would assume we will know in another few months if we are starting to build something serious here...this will be 10 cents or North of $3.00 would be my guess, with greater potential if we get the ducks all in a row and $4.00 USD$/lb Copper in tow a buy out should make this really juicy;)))

Cheers
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