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Midnight Sun Mining Corp. MDNGF


Primary Symbol: V.MMA

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

Comment by thankmelateron Jun 15, 2022 9:09am
105 Views
Post# 34757594

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

RE:"we are way better off midnight sun going it alone"
The fact is Rio were falling behind in what they promised to do . They fell short on their drilling and on their spend . Time was running out for them to earn their 50 % so decided to drop it , . Midnight Sun acquire a mountain of very granular data that they could never have done on their own and take back 100% of the licences .

Bringing Dorling's expertise to the table is a huge benefit and I am totally intrigued by the "crunch " which Rio seemingly ignored

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