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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 Murfed34on Apr 23, 2024 2:59pm
89 Views
Post# 36003789

RE:Midnight Sun / First Quantum fast track ..

RE:Midnight Sun / First Quantum fast track ..

We certainly seem to be sitting in the catbird seat these days with the current copper climate and $4.40+ copper and talk of $5 million in the 12-24 months. Hopeful that KoBold has been doing lots of drilling as there have been dry conditions (drought). This deal with Quantum seems like perfect, low hanging fruit and a great fast cash flow opportunity for MMA. I'm hoping for some education on the oxide situation. Is this material typically found near surface/over burden? Should be easily accessed at low cost if so, and a great money maker with a company desperate for stock. Won't take much good news or positive drill results to send this thing north. 


GLTA

 

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