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Midnight Sun Announces Significant New Targets at Kazhiba
MMAAlta Global Group Limited(MMA) Newsfile·2025-02-27 11:30

Core Viewpoint - Midnight Sun Mining Corp. has identified significant new sulphide and oxide copper targets at the Kazhiba site, with exploration drilling scheduled to begin in early Q2 2025 [1][3]. Exploration Results - Recent geochemical and geophysical exploration programs have defined a strong copper anomaly extending over four kilometers, aligning with high chargeability and low resistivity stratigraphy from the induced polarization (IP) survey [2][6]. - The new sulphide copper anomaly overlays a historic geochemical anomaly and is situated in geology consistent with deposits in the Zambian Copperbelt [2][4]. New Targets - The Partial Ionic Leach sampling has produced a new copper-in-soil anomaly, interpreted as Katangan sediments onlapping onto older basement lithologies of the Kazhiba Dome [4][7]. - Three new copper anomalies have been identified that share a similar geochemical signature to the known Kazhiba oxide copper occurrence [2][3]. Drilling Plans - Exploration drilling is planned for early Q2 2025 to test Kazhiba Target 2 for a new copper sulphide mineralized stratigraphic unit and to extend the initial oxide copper footprint [8][1]. - The drilling will also test three new partial leach copper anomalies for additional oxide occurrences [8][1]. Investor Relations - The company has entered into a consulting agreement with Capital Analytica for investor relations services, with an initial term of six months and a total payment of $120,000 [11][12].