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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

Comment by windymayor1on Aug 14, 2024 1:03pm
142 Views
Post# 36178816

RE:RE:RE:MMA, we are ready for drilling and production

RE:RE:RE:MMA, we are ready for drilling and productionAgree with you on time lines.

I am not sure if there is seasonal or year round drilling in Zambia and I am familiar with this company's past exploits but my concerns are:
1) MMA is pleased to have our $$ but we have not received any updates for 2 months since.
2) Momentum is gone and news on drilling, action plans on the 2 projects could have kept feeding the mkt, especially after last month's impressive article in the Times about their lpartner KoBold.
Also heard they may not commence drilling with Kobold till they have some sort of magnetic survey done to fine tune drill locations.

Thats all fine and dandy but we NEED an update so investors know they are working hard on these concessions and partnerships and that they haven't left dodge with our $10 mm!
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