Midnight Sun Announces Start of Kazhiba Exploration Program
Midnight Sun Mining Corp. (TSXV: MMA) (OTC Pink: MDNGF) has initiated exploration work at the Kazhiba Target on its Solwezi Property in Zambia. This program is part of a Cooperative Exploration Plan with First Quantum Minerals, aiming to define near-surface oxide copper resources as potential feed for First Quantum's Kansanshi Mine. The current work includes 3,000 metres of reverse circulation drilling, partial ionic leach sampling, and an induced polarization survey.
The Kazhiba Target has shown promising results from previous exploration, with drill intercepts including 14.2 metres of 5.71% Cu, 24.0 metres of 3.15% Cu, and 8.0 metres of 5.14% Cu. The 2024 program aims to delineate a target suitable for processing in the Kansanshi SX/EW oxide copper processing circuit.
Midnight Sun Mining Corp. (TSXV: MMA) (OTC Pink: MDNGF) ha avviato lavori di esplorazione presso il Kazhiba Target nella sua proprietà di Solwezi in Zambia. Questo programma fa parte di un Piano di Esplorazione Cooperativa con First Quantum Minerals, con l'obiettivo di definire risorse di rame ossidato prossime alla superficie come potenziale rifornimento per la miniera Kansanshi di First Quantum. I lavori attuali includono 3.000 metri di perforazione a circolazione inversa, campionamento parziale di lisciviazione ionica e un'indagine di polarizzazione indotta.
Il Kazhiba Target ha mostrato risultati promettenti da esplorazioni precedenti, con intercettazioni di perforazione che includono 14,2 metri di 5,71% Cu, 24,0 metri di 3,15% Cu e 8,0 metri di 5,14% Cu. Il programma del 2024 punta a delineare un obiettivo adatto per il trattamento nel circuito di processamento del rame ossidato SX/EW di Kansanshi.
Midnight Sun Mining Corp. (TSXV: MMA) (OTC Pink: MDNGF) ha iniciado trabajos de exploración en el Kazhiba Target en su propiedad de Solwezi en Zambia. Este programa forma parte de un Plan de Exploración Cooperativa con First Quantum Minerals, que busca definir recursos de cobre oxidado cercanos a la superficie como posible suministro para la mina Kansanshi de First Quantum. Los trabajos actuales incluyen 3,000 metros de perforación por circulación inversa, muestreo parcial de lixiviación iónica y una encuesta de polarización inducida.
El Kazhiba Target ha mostrado resultados prometedores de exploraciones previas, con intercepciones de perforación que incluyen 14.2 metros de 5.71% Cu, 24.0 metros de 3.15% Cu y 8.0 metros de 5.14% Cu. El programa de 2024 tiene como objetivo delinear un objetivo adecuado para el procesamiento en el circuito de procesamiento de cobre oxidado SX/EW de Kansanshi.
Midnight Sun Mining Corp. (TSXV: MMA) (OTC Pink: MDNGF)가 카지바 타겟에서 탐사 작업을 시작했습니다. 자사의 솔웨지 자산에 있을 시점입니다. 이 프로그램은 퍼스트 퀀텀 미네랄스와 협력 탐사 계획의 일환으로, 퍼스트 퀀텀의 칸산쉬 광산을 위한 잠재적 자원으로써 표면 근처의 산화구리 자원을 정의하는 것을 목표로 하고 있습니다. 현재 진행되는 작업에는 3,000미터의 역순환 천공, 부분 이온 침출 샘플링, 유도 전기 조사가 포함됩니다.
카지바 타겟은 이전 탐사에서 유망한 결과를 보여줬으며, 천공에서의 값은 Cu 5.71%에 14.2미터, Cu 3.15%에 24.0미터, Cu 5.14%에 8.0미터를 포함합니다. 2024년 프로그램의 목표는 칸산쉬 SX/EW 산화구리 처리 회로에서 가공 가능한 목표를 delinear하는 것입니다.
Midnight Sun Mining Corp. (TSXV: MMA) (OTC Pink: MDNGF) a débuté des travaux d'exploration au Kazhiba Target sur sa propriété de Solwezi en Zambie. Ce programme fait partie d'un plan d'exploration coopératif avec First Quantum Minerals, visant à définir des ressources en cuivre oxydé en surface comme source potentielle pour la mine Kansanshi de First Quantum. Les travaux en cours comprennent 3 000 mètres de forage à circulation inverse, un échantillonnage partiel de lixiviation ionique et une enquête de polarisation induite.
Le Kazhiba Target a montré des résultats prometteurs lors des explorations précédentes, avec des interceptions de forage incluant 14,2 mètres à 5,71 % Cu, 24,0 mètres à 3,15 % Cu et 8,0 mètres à 5,14 % Cu. Le programme de 2024 vise à délimiter une cible adaptée pour le traitement dans le circuit de traitement du cuivre oxydé SX/EW de Kansanshi.
Die Midnight Sun Mining Corp. (TSXV: MMA) (OTC Pink: MDNGF) hat Erkundungsarbeiten am Kazhiba Target auf ihrem Solwezi-Grundstück in Sambia begonnen. Dieses Programm ist Teil eines Kooperativen Erkundungsplans mit First Quantum Minerals, der darauf abzielt, nahe der Oberfläche befindliche oxidische Kupferressourcen als potenziellen Nachschub für die Kansanshi-Mine von First Quantum zu definieren. Die derzeitige Arbeit umfasst 3.000 Meter Umfüllbohrungen, partielle ionische Laugensampling und eine induzierte Polarisationserhebung.
Das Kazhiba Target hat vielversprechende Ergebnisse aus früheren Erkundungen gezeigt, mit Bohrinterzepten, die 14,2 Meter mit 5,71 % Cu, 24,0 Meter mit 3,15 % Cu und 8,0 Meter mit 5,14 % Cu umfassen. Das Programm 2024 zielt darauf ab, ein geeignetes Ziel für die Verarbeitung im SX/EW-Oxidkupferverarbeitungskreislauf von Kansanshi zu umreißen.
- Cooperative Exploration Plan with First Quantum Minerals potentially leading to near-term production
- Previous high-grade copper oxide intercepts at Kazhiba Target (e.g., 14.2m @ 5.71% Cu)
- Proximity to First Quantum's Kansanshi Mine (less than 10km) for potential ore processing
- Comprehensive exploration program including drilling, sampling, and geophysical survey
- None.
Vancouver, British Columbia--(Newsfile Corp. - September 19, 2024) - Midnight Sun Mining Corp. (TSXV: MMA) (OTC Pink: MDNGF) ("Midnight Sun" or the "Company") announces the start of exploration work at the Kazhiba Target located on the Company's Solwezi Property in Zambia. Work at Kazhiba will be part of the previously announced Cooperative Exploration Plan in place with First Quantum Minerals ("First Quantum") (see News Release dated April 23rd, 2024), designed to define near surface oxide copper resources as a potential feed source for First Quantum's Kansanshi Mine, located less than 10 kilometres from Midnight Sun's Solwezi Property. The current work program includes 3,000 metres of reverse circulation drilling, partial ionic leach sampling, and an induced polarization ("IP") survey.
Midnight Sun's President & CEO, Al Fabbro, states: "I am pleased to have our team hit the ground running at Kazhiba. This target features a high-grade oxide copper blanket, which provides us with a remarkable opportunity to provide feed to the Kansanshi Mine operations. With targets at Kazhiba and Mitu, we have identified and seized an opportunity to unlock near-term production, and with success, realize significant near-term, sustained cash flow. Our Cooperative Exploration Plan with First Quantum forms a key part of our two-fold attack plan to realize the value of both sedimentary-hosted copper targets as well as oxide copper targets across our property."
Kazhiba Target
The Kazhiba Target (see Figure 1) is an advanced exploration target, from which 2,145 soil samples have been collected across two generations of sampling. Generation One was carried out over a wide-spaced 500 metre x 500 metre grid, while Generation Two was carried out over a close-spaced 100 metre x 50 metre grid in two follow-up areas.
The sampling programs yielded two soil-defined target areas: Kazhiba North and Kazhiba South. Subsequent drill campaigns, totalling 12,445 metres, have been completed across these areas using a combination of air core, rotary air blast, reverse circulation, and diamond drilling. Previous drilling has intersected multiple near surface copper oxide intercepts, including 14.2 metres of
Drill results demonstrate that Kazhiba is a high grade, near surface, copper oxide opportunity with the potential for the mineralized zone to extend beyond areas previously drilled.
Kazhiba Exploration Program Details
The 2024 exploration program at Kazhiba has been designed in conjunction with First Quantum, working directly with Midnight Sun's geological team led by Dr. Kevin Bonel. The program has been designed to delineate a target that satisfies the production criteria for processing in the Kansanshi SX/EW oxide copper processing circuit. The planned program will consist of three main components:
Drilling
A 3,000 metre reverse circulation drill grid on the Kazhiba copper-oxide target. Planned holes are expected to average approximately 50 metres in depth. The average spacing over peripheral areas is planned to be 100 metres between holes, and the spacing over the inner envelope of the known mineralized area is planned to be 50 metres.
Partial Ionic Leach Sampling
Soil sampling using a 200 metre x 200 metre sampling grid. A portion of the Kazhiba Target appears to be under thin, geochemically inert cover and the program intends to use partial ionic leach geochemistry to help overcome deficiencies in the understanding of the regolith in the target area and its effect on standard, conventional, geochemistry. A total of 1,377 samples across the target area have been planned.
IP Line Testing
A wide spaced IP Survey over a previously untested anomaly at Kazhiba is planned to identify any presence of stratigraphic-bound copper sulphide mineralization, which could represent the source of the transported copper oxide blanket. Seven lines spaced 200 metres apart will test the anomaly for a total of 6.5 line-kilometres.
*All results have been previously reported. Stated widths are downhole widths. True widths are estimated to be
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.
Figure 1 - Kazhiba Target Location
To view an enhanced version of this graphic, please visit:
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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 intends 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 and projections as at the date of this news release. The information in this news release about the resolution of mineral exploration licence renewals, timing and ability of the Company to obtain the approval of relevant regulatory bodies, if at all; and any other 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
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