Core Insights - Midnight Sun Mining Corp. has reported significant assay results from its drilling program at the Dumbwa Target in Zambia, demonstrating a mineralized strike length of over 3.6 kilometers [2][5][15] - The ongoing drilling program aims to further delineate the copper system, with a total of 122 holes completed and plans for an additional 140 holes to test the mineralized corridor [5][15] - The company emphasizes the geological similarities between the Dumbwa Target and the nearby Lumwana Mine, which supports the potential for a significant copper deposit [13][15] Drilling Results - The drilling program has yielded multiple intercepts of copper mineralization, with notable results including: - DBW-25-021: 0.89% Cu over 25 meters, with four separate mineralized zones [3] - DBW-25-030: 0.46% Cu over 50 meters, including 1.36% Cu over 6 meters [3] - DBW-25-027: 0.48% Cu over 21.85 meters [4] - The drilling results indicate consistent copper mineralization, reinforcing the company's confidence in the scale of the Dumbwa system [2][5] Future Plans - The company plans to conduct approximately 25,000 meters of drilling to further explore the mineralized corridor over the next 3 kilometers [5] - An additional 64 drill hole samples have been submitted for assay, with ongoing preparations for the remaining samples [5] Quality Control - The drilling was conducted using a conventional diamond drilling rig, with strict quality control measures in place, including sample handling and laboratory analysis by SGS Labs in Zambia [8]

Core Viewpoint - Midnight Sun Mining Corp. is hosting a webinar on December 17, 2025, to discuss developments at its Dumbwa and Kazhiba targets, featuring presentations from key executives and a live Q&A session [1][2]. Group 1: Company Overview - Midnight Sun Mining Corp. is focused on exploring its flagship Solwezi Project located in Zambia, which is in the Zambia-Congo Copperbelt, the second largest copper-producing region globally [2]. - The Solwezi Project is strategically surrounded by producing copper mines, including First Quantum's Kansanshi Mine, which is Africa's largest copper mining complex [2]. - The company aims to find and develop Zambia's next generational copper deposit, supported by an experienced geological team with a track record of multiple discoveries and mines worldwide [2]. Group 2: Webinar Details - The webinar is scheduled for December 17, 2025, at 10:00 a.m. PST/1:00 p.m. EST, and will include discussions on the company's developments at its mining targets [1]. - Presentations will be led by COO Kevin Bonel and VP Exploration Adrian Karolko, followed by a live Q&A session with the team [1].

Midnight Sun Intercepts 1.0% Copper over 22 Metres and 0.98% Copper over 15 Metres at DumbwaDumbwa drilling has now established strike over nearly 1.5 kilometresNovember 18, 2025 6:30 AM EST | Source: Midnight Sun Mining Corp.Vancouver, British Columbia--(Newsfile Corp. - November 18, 2025) - Midnight Sun Mining Corp. (TSXV: MMA) (OTCQX: MDNGF) ("Midnight Sun" or the "Company") is pleased to report assay results from additional holes at the Dumbwa target. Diamond drill hole DBW-25-009 intercep ...

Core Insights - Midnight Sun Mining Corp. has reported significant assay results from its 2025 drilling campaign at the Kazhiba Main target, with a notable intercept of 7.39% copper over 14.86 meters, including 16.9% over 4 meters [2][4] - The company is advancing towards a maiden resource estimate, expected to be completed in Q4 2025, following a comprehensive drilling program [3][4] Drilling Results - The 2025 drilling campaign at Kazhiba Main has completed 163 holes totaling 5,243 meters, with ongoing diamond drilling expected to continue through November 2025 [3][4] - The initial results from the diamond drilling include high-grade intervals, with previous 2024 RC drilling returning notable grades such as 10.69% copper over 21.0 meters [6][7] Due Diligence and Verification - A due diligence diamond drilling program was initiated to address previous sampling issues, confirming that reported voids were likely misidentified due to technical issues during drilling [7][8] - The company is redrilling 41 holes to obtain a complete soil profile and verify mineralization, with early observations suggesting significant copper intercepts [7][8] Expansion Potential - The Kazhiba East RC drilling program has commenced, targeting three Partial Ionic Leach soil sample copper anomalies, with plans for a total of 100 RC drill holes [5][6] - The geological profile of Kazhiba East is similar to Kazhiba Main, indicating potential for additional near-surface oxide resources [5][6] Company Strategy and Goals - Midnight Sun's President & CEO emphasized the systematic approach towards defining the Kazhiba resource, highlighting the high-grade, near-surface opportunity [4][17] - The company aims to establish a solid understanding of the mineralized footprint to support future resource development in the Zambia-Congo Copperbelt [17]

Core Viewpoint - Midnight Sun Mining Corp. has successfully closed an upsized "bought deal" financing, raising gross proceeds of C$30,475,575, which includes the full exercise of the Underwriters' Option [1][2]. Financing Details - The Offering involved the issuance of 22,574,500 units at a price of C$1.35 per unit, conducted on a prospectus-exempt basis under the LIFE Exemption [2]. - The Offering was led by Haywood Securities Inc. as the lead underwriter, along with a syndicate of underwriters including Beacon Securities Limited, Red Cloud Securities Inc., and SCP Resource Finance LP [3]. - Each unit consists of one common share and one-half of a common share purchase warrant, with each whole warrant allowing the purchase of one common share at C$2.00 until October 28, 2027 [4]. Use of Proceeds - The net proceeds from the Offering will be allocated towards advancing exploration projects in Zambia and for general working capital and corporate purposes [5]. Underwriter Compensation - The Company paid the Underwriters a cash commission of 6.0% of the gross proceeds and issued transferable compensation options equal to 6.0% of the total units sold [7]. Regulatory Approval - The Offering is subject to final approval from the TSX Venture Exchange [8]. Company Overview - Midnight Sun is focused on exploring its flagship Solwezi Project in Zambia, located in the Zambia-Congo Copperbelt, a major copper-producing region [10].

Core Insights - Midnight Sun Mining Corp. has begun trading on the OTCQX Best Market in the U.S. under the ticker symbol "MDNGF" while continuing its primary listing on the TSX Venture Exchange as "MMA" [1][2] Company Overview - Midnight Sun is focused on exploring its flagship Solwezi Project located in Zambia, which is in the Zambia-Congo Copperbelt, the second largest copper-producing region globally [4] - The Solwezi Project is surrounded by significant copper mines, including First Quantum's Kansanshi Mine, which is Africa's largest copper mining complex [4] - The company aims to find and develop Zambia's next generational copper deposit, supported by an experienced geological team with a history of discoveries and mines worldwide [4] Market Impact - The move to the OTCQX is expected to broaden the investor base and increase transparency for U.S. investors, enhancing liquidity and visibility for shareholders [2][3] - Midnight Sun has a significant and loyal shareholder base in the U.S., making this transition a logical step to build upon that foundation [2]

Core Viewpoint - Midnight Sun Mining Corp. has announced an upsized offering of C$26.5 million through a bought deal financing to support its exploration projects in Zambia [1][4]. Offering Details - The upsized offering will consist of 19,630,000 units priced at C$1.35 per unit, resulting in gross proceeds of C$26,500,500 [2]. - Each unit includes one common share and one-half of a common share purchase warrant, with each warrant allowing the purchase of one common share at C$2.00 for 24 months [3]. - The underwriters have an option to purchase an additional 15% of the offering, potentially raising an extra C$3,975,075 [4]. Use of Proceeds - The net proceeds from the offering will be allocated to advancing exploration projects in Zambia and for general corporate purposes [4]. Regulatory and Closing Information - The offering is expected to close around October 28, 2025, pending necessary approvals from the TSX Venture Exchange and regulatory authorities [7]. - Units offered under the LIFE exemption will not have resale restrictions, while those under private placement exemptions will be subject to a hold period of four months and one day [5][6]. Compensation to Underwriters - The company will pay the underwriters a cash commission of 6.0% of the gross proceeds and issue compensation options equivalent to 6.0% of the total units sold [8]. Company Background - Midnight Sun is focused on its flagship Solwezi Project in Zambia, located in a major copper-producing region, aiming to discover and develop significant copper deposits [11].

Core Viewpoint - Midnight Sun Mining Corp. has increased the size of its previously announced "bought deal" LIFE offering to C$17.5 million, indicating strong investor interest and confidence in the company's exploration projects in Zambia [1][2]. Offering Details - The Upsized Offering will consist of 12,963,000 units priced at C$1.35 per unit, generating gross proceeds of C$17,500,050 [2]. - Each unit includes one common share and one-half of a common share purchase warrant, with each whole warrant allowing the purchase of one common share at C$2.00 for 24 months [3]. - The Underwriters have an option to purchase an additional 15% of the offering, potentially raising an extra C$2,625,007.50 [4]. Use of Proceeds - The net proceeds from the offering will be allocated to advancing exploration projects in Zambia and for general corporate purposes [4]. Regulatory and Compliance Information - The offering will be available to purchasers in all Canadian provinces except Québec, with specific resale restrictions based on the type of exemption utilized [5]. - The closing of the Upsized Offering is anticipated on or about October 28, 2025, subject to necessary approvals from the TSX Venture Exchange and regulatory authorities [7]. Compensation to Underwriters - The company will pay the Underwriters a cash commission of 6.0% of the gross proceeds and issue transferable compensation options equivalent to 6.0% of the total units sold [8]. Company Overview - Midnight Sun is focused on its flagship Solwezi Project in Zambia, located in a major copper-producing region, aiming to discover and develop significant copper deposits [11].

Core Viewpoint - Midnight Sun Mining Corp. has announced a bought deal financing agreement to raise C$10,000,800 through the sale of 7,408,000 units at C$1.35 per unit, with the offering expected to close on or about October 28, 2025 [1][6]. Group 1: Offering Details - Each unit consists of one common share and one-half of a common share purchase warrant, with each whole warrant allowing the purchase of one common share at C$2.00 for 24 months [2]. - The company has granted the underwriters an option to purchase an additional 15% of the offering, potentially raising up to C$1,500,120 [3]. - The net proceeds will be used for advancing exploration in Zambia and for working capital and general corporate purposes [3]. Group 2: Regulatory and Compliance Information - The units will be offered in all Canadian provinces except Québec, with no resale restrictions under the LIFE Exemption, while units under Private Placement Exemptions will have a hold period of four months and one day [4][5]. - The offering is subject to necessary approvals, including conditional listing approval from the TSX Venture Exchange [6]. Group 3: Compensation and Fees - The company will pay the underwriters a cash commission of 6.0% of the gross proceeds and issue transferable compensation options equal to 6.0% of the aggregate number of units sold [7]. Group 4: Company Overview - Midnight Sun is focused on exploring the Solwezi Project in Zambia, located in the Zambia-Congo Copperbelt, a major copper-producing region [10]. - The project is adjacent to significant copper mining operations, including First Quantum's Kansanshi Mine, and aims to discover and develop new copper deposits [10].

Core Viewpoint - Midnight Sun Mining Corp. has confirmed significant copper mineralization at the Dumbwa Target through initial drilling results, indicating a promising exploration phase for the company [1][4]. Summary by Sections Initial Drilling Results - The initial intercepts at the Dumbwa Target include 39.7 meters of 0.51% copper, with notable sections of 7.0 meters at 1.13% copper and 25.9 meters at 0.48% copper [1][2]. - Hole DBW-25-003 intercepted 0.48% Cu over 25.9 meters and 0.29% Cu over 5.2 meters, while hole DBW-25-007 intercepted 0.51% Cu over 39.7 meters, including 1.13% Cu over 7.0 meters [2][4]. Geological Insights - The mineralization occurs within near-vertical shear zones, with copper sulphides predominantly consisting of bornite, chalcopyrite, and chalcocite [5][8]. - The geological model suggests multiple near-vertical, parallel to sub-parallel shear zones that remain open to further exploration along the ~20-kilometer strike length of the target area [8][14]. Future Exploration Plans - Following the initial holes, additional drilling (DBW-25-009 and DBW-25-010) was conducted to assess the lateral extent of the mineralization and confirm the orientation of the shear zones [6][7]. - The results from the step-out holes confirmed the presence of multiple parallel shear zones and indicated broad intervals of mineralization [7][8]. Company Background - Midnight Sun is focused on exploring the Solwezi Project in Zambia, situated in a highly prospective area of the Zambia-Congo Copperbelt, surrounded by significant copper mining operations [14].