Midnight Sun Announces Significant New Targets at Kazhiba
Midnight Sun Mining (TSXV: MMA) (OTC: MDNGF) has announced significant findings from its 2024 geochemical and geophysical exploration programs at the Kazhiba project. The surveys revealed a major copper anomaly extending over 4 kilometers, aligned with high chargeability and low resistivity stratigraphy.
The Partial Ionic Leach geochemistry identified three new copper anomalies similar to the known Kazhiba oxide copper occurrence. The geology is consistent with typical Zambian Copperbelt deposits, featuring Katangan sediments onlapping onto older basement lithologies of the Kazhiba Dome.
The company plans to commence exploration drilling in early Q2 2025 to test these new sulphide and oxide targets. The drilling program aims to discover new copper sulphide mineralized stratigraphic units and extend the initial oxide copper footprint from recent drilling.
Midnight Sun Mining (TSXV: MMA) (OTC: MDNGF) ha annunciato risultati significativi dai suoi programmi di esplorazione geochimica e geofisica del 2024 presso il progetto Kazhiba. I sondaggi hanno rivelato una grande anomalia di rame che si estende per oltre 4 chilometri, allineata con una alta capacità di carica e una stratigrafia a bassa resistività.
La geochimica Partial Ionic Leach ha identificato tre nuove anomalie di rame simili all'occorrenza di rame ossidato conosciuta di Kazhiba. La geologia è coerente con i tipici depositi del Copperbelt zambiano, con sedimenti katangani che si sovrappongono a litologie di base più antiche del Dome di Kazhiba.
L'azienda prevede di iniziare la perforazione esplorativa all'inizio del Q2 2025 per testare questi nuovi obiettivi di solfuri e ossidi. Il programma di perforazione mira a scoprire nuove unità stratigrafiche mineralizzate di solfuri di rame ed estendere l'impronta iniziale di rame ossidato dai recenti sondaggi.
Midnight Sun Mining (TSXV: MMA) (OTC: MDNGF) ha anunciado hallazgos significativos de sus programas de exploración geoquímica y geofísica de 2024 en el proyecto Kazhiba. Las encuestas revelaron una importante anomalía de cobre que se extiende por más de 4 kilómetros, alineada con una alta capacidad de carga y una estratigrafía de baja resistividad.
La geoquímica Partial Ionic Leach identificó tres nuevas anomalías de cobre similares a la conocida ocurrencia de cobre oxidado de Kazhiba. La geología es consistente con los depósitos típicos del Copperbelt zambiano, presentando sedimentos katanganos que se superponen a litologías de basamento más antiguas del Domo de Kazhiba.
La compañía planea comenzar la perforación exploratoria a principios del Q2 2025 para probar estos nuevos objetivos de sulfuros y óxidos. El programa de perforación tiene como objetivo descubrir nuevas unidades estratigráficas mineralizadas de sulfuros de cobre y extender la huella inicial de cobre oxidado de las perforaciones recientes.
미드나잇 선 마이닝 (TSXV: MMA) (OTC: MDNGF)가 카지바 프로젝트의 2024년 지구화학 및 지구물리 탐사 프로그램에서 중요한 발견을 발표했습니다. 조사 결과, 4킬로미터 이상에 걸쳐 있는 주요 구리 이상이 발견되었으며, 높은 전하 용량과 낮은 저항률의 층서와 일치합니다.
부분 이온 용출 지구화학은 카지바 산화 구리 발생과 유사한 세 가지 새로운 구리 이상을 확인했습니다. 지질학은 전형적인 잠비아 구리벨트 매장지와 일치하며, 카탕가 퇴적물이 카지바 돔의 오래된 기저 암석에 겹쳐져 있습니다.
회사는 2025년 2분기 초에 탐사 드릴링을 시작할 계획이며, 이 새로운 황화물 및 산화물 목표를 시험할 것입니다. 드릴링 프로그램은 새로운 구리 황화물 광물화 층서 단위를 발견하고 최근 드릴링에서의 초기 산화 구리 발자국을 확장하는 것을 목표로 하고 있습니다.
Midnight Sun Mining (TSXV: MMA) (OTC: MDNGF) a annoncé des résultats significatifs de ses programmes d'exploration géochimique et géophysique de 2024 sur le projet Kazhiba. Les enquêtes ont révélé une importante anomalie de cuivre s'étendant sur plus de 4 kilomètres, alignée avec une forte capacité de charge et une stratigraphie à faible résistivité.
La géochimie Partial Ionic Leach a identifié trois nouvelles anomalies de cuivre similaires à l'occurrence de cuivre oxydé connue de Kazhiba. La géologie est cohérente avec les dépôts typiques du Copperbelt zambien, présentant des sédiments katangais chevauchant des lithologies de socle plus anciennes du Dôme de Kazhiba.
L'entreprise prévoit de commencer le forage d'exploration au début du Q2 2025 pour tester ces nouveaux objectifs de sulfure et d'oxyde. Le programme de forage vise à découvrir de nouvelles unités stratigraphiques minéralisées en sulfure de cuivre et à étendre l'empreinte initiale de cuivre oxydé des forages récents.
Midnight Sun Mining (TSXV: MMA) (OTC: MDNGF) hat bedeutende Ergebnisse aus seinen geochemischen und geophysikalischen Explorationsprogrammen 2024 im Projekt Kazhiba bekannt gegeben. Die Erhebungen zeigten eine große Kupferanomalie, die sich über mehr als 4 Kilometer erstreckt und mit einer hohen Ladbarkeit und einer niedrigen Widerstandsfähigkeit in der Stratigraphie übereinstimmt.
Die Partial Ionic Leach Geochemie identifizierte drei neue Kupferanomalien, die der bekannten Kupferoxidvorkommen von Kazhiba ähneln. Die Geologie ist konsistent mit typischen Zambian Copperbelt-Lagerstätten, wobei katangische Sedimente auf ältere Basement-Lithologien des Kazhiba-Doms überlagern.
Das Unternehmen plant, im frühen Q2 2025 mit der Explorationsbohrung zu beginnen, um diese neuen Sulfid- und Oxidziele zu testen. Das Bohrprogramm zielt darauf ab, neue kupferhaltige sulfidische stratigraphische Einheiten zu entdecken und die anfängliche Kupferoxidfläche aus den jüngsten Bohrungen zu erweitern.
- Discovery of significant 4km copper anomaly
- Three new oxide copper targets identified
- Favorable geological indicators matching Zambian Copperbelt deposits
- Strong IP survey results showing high chargeability and low resistivity
- Drilling results not expected until Q2 2025
- $120,000 new expense for investor relations services
Recently completed surveys identify significant sulphide and oxide copper targets with drill testing to commence in Q2 2025
Vancouver, British Columbia--(Newsfile Corp. - February 27, 2025) - Midnight Sun Mining Corp. (TSXV: MMA) (OTC Pink: MDNGF) ("Midnight Sun" or the "Company") is pleased to announce that results of the recently completed 2024 geochemical and geophysical exploration programs have defined significant new sulphide and oxide targets on Kazhiba. Exploration drilling is set to commence in early Q2 and is designed to concurrently test these new sulphide and oxide targets.
Partial Ionic Leach geochemistry has identified a strong copper anomaly extending over four kilometres that aligns perfectly with high chargeability, low resistivity stratigraphy as exposed by the induced polarization ("IP") survey. This new sulphide copper anomaly directly overlays a subtle, historic geochemical anomaly, and is situated in geology consistent with the majority of deposits within the Zambian Copperbelt. In addition to this new sulphide target, the partial leach geochemistry has also revealed three new copper anomalies that share a very similar geochemical signature to the known Kazhiba oxide copper occurrence, which was drilled in late 2024 (see news release dated January 29, 2025).
Midnight Sun's COO, Kevin Bonel, stated: "We are incredibly pleased with the results and brand-new targets generated by the Partial Ionic Leach sampling and IP survey. Taking the coincidence of a well-defined copper anomaly, in the 'right geology' with an underlying high chargeability, low resistivity, IP reactive unit, the geological team's confidence is high that the unexposed unit is a copper mineralised stratigraphic unit. Not only do we now have a potential sulphide source for the high-grade oxide copper mineralization at Kazhiba, but we also have additional targets for more oxide copper mineralization to explore and hopefully add to our Cooperative Explorative Plan with First Quantum. The results simply could not have been better at this stage of exploration on our Kazhiba Target."
*Graphics detailing the new Kazhiba Targets defined by Partial Ionic Leach, IP Chargeability and IP Low-Resistivity are provided below.
The New Kazhiba Targets Detailed:
In late 2024, Partial Ionic Leach sampling and an IP Survey were conducted on the Company's Kazhiba Target as part of the 2024 Exploration Program. Both produced positive results and generated several significant targets. The Partial Ionic Leach sampling produced a new copper-in-soil anomaly, which extends for approximately 4 kilometres on strike. The geology of this new target is interpreted as Katangan sediments onlapping onto older basement lithologies of the Kazhiba Dome, itself interpreted from geophysics as an unexposed, shallow, basement inlier within the Kazhiba inlier. This is the classic Zambian Copperbelt setting.
Concurrent with the partial leach geochemical sampling program, an IP survey over "Kazhiba Target 2" was undertaken, designed to test for an unexposed sulphide mineralised stratigraphic unit overlying the interpreted Kazhiba Dome. This target is proposed as a possible source of the transported oxide-copper blanket recently tested by exploration drilling.
The IP Survey has indicated a chargeable unit in the stratigraphy that is strongly correlated to the overlying Partial Ionic Leach copper anomaly. In addition, IP is indicating that the unit has very low resistivity, which is a strongly favourable characteristic.
The combination of a subtle historic geochemical anomaly, coinciding with a brand-new copper-in-soil anomaly, all of which correlate with a high chargeability, low resistivity, IP reactive unit in favourable geology, has produced a very strong target for the discovery of a new copper mineralised stratigraphic unit.
Exploration drilling is now planned for early Q2, designed to test Kazhiba Target 2 for the discovery of a new copper sulphide mineralised stratigraphic unit within the Kazhiba licence. Drilling is also planned to extend the initial oxide copper footprint delineated in recent drilling (see news release dated January 29, 2025) as well as test three new partial leach copper anomalies for additional oxide occurrences.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/2553/242621_76dd9012a42d7a40_001full.jpg
To view an enhanced version of this graphic, please visit:
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Qualified Person: Darin Labrenz, P.Geo., a Qualified Person under NI 43-101, has reviewed and approved the technical data and contents of this release.
Investor Relations Agreement
The Company has entered into an agreement with Triomphe Holdings Ltd. (dba Capital Analytica) ("Capital Analytica") for investor relations and communication services (the "Consulting Agreement"). The Consulting Agreement has an initial term of six months, commencing February 18, 2025, under which the Company will pay to Capital Analytica an aggregate of
Pursuant to the terms of the Consulting Agreement, Capital Analytica will provide ongoing capital markets consultation, ongoing social media consultation regarding engagement and enhancement, social sentiment reporting, social engagement reporting, discussion forum monitoring and reporting, corporate video dissemination, and other related investor relations services.
Capital Analytica is a Nanaimo based company owned and operated by Jeff French who is arm's length to the Company. Capital Analytica owns securities of the Company.
About Midnight Sun
Midnight Sun is focused on exploring our flagship Solwezi Project, located in Zambia. Situated in the heart of the Zambia-Congo Copperbelt, the second largest copper producing region in the world, our property is vast and highly prospective. Our Solwezi Project is surrounded by world-class producing copper mines, including Africa's largest copper mining complex right next door, First Quantum's Kansanshi Mine. Led by an experienced geological team with multiple discoveries and mines around the world to their credit, Midnight Sun goal is to find and develop Zambia's next generational copper deposit.
ON BEHALF OF THE BOARD OF MIDNIGHT SUN MINING CORP.
Al Fabbro
President & CEO
For Further Information Contact:
Adrian O'Brien
Director of Marketing and Communications
Tel: +1 604 809 6890
Em: adrian@midnightsunmining.com
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This news release contains "forward-looking statements" within the meaning of the applicable Canadian securities legislation that are based on expectations, estimates, assumptions, geological theories, and projections as at the date of this news release. The information in this news release about any information herein that is not a historical fact may be "forward-looking statements." Any statement that involves discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (which may, but not always, include phrases such as "anticipates", "plans", "scheduled", "believed" or "intends" or variations of such words and phrases or stating that certain actions, events or results "may" or "could", "would", "might" or "will" be taken to occur or be achieved) are not statements of historical fact and may be forward-looking statements and are intended to identify forward-looking statements.
Although the forward-looking statements contained in this news release are based upon what management believes, or believed at the time, to be reasonable assumptions, the Company cannot assure readers that actual results will be consistent with such forward-looking statements, as there may be other factors that cause results not to be as anticipated, estimated or intended. Such factors include, among others, risks relating to the timing and ability of the Company to obtain and the timing of the approval of relevant regulatory bodies, if at all; risks relating to property interests; risks related to access to the project; risks inherent in mineral exploration, including the fact that any particular phase of exploration may be unsuccessful; geo-political risks; the global economic climate; metal prices; environmental risks; political risks; and community and non-governmental actions. Neither the Company nor any other person assumes responsibility for the accuracy and completeness of any such forward-looking statements. The Company does not undertake, and assumes no obligation, to update or revise any such forward-looking statements or forward-looking information contained herein to reflect new events or circumstances, except as may be required by law.
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FAQ
What new discoveries did MDNGF make at the Kazhiba project in 2024?
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