STOCK TITAN

Midnight Sun Receives Extension For Completion of Verification Report

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Very Positive)
Tags

Midnight Sun Mining Corp (TSXV: MMA) (OTC Pink: MDNGF) has received a 14-day extension from the Ministry of Mines and Minerals Development in Zambia. This extension is related to the company's Large Scale Exploration Licence 21509-HQ-LEL. The additional time will allow the Geological Survey Department of Zambia to conduct a site visit and complete the associated site verification report. This announcement follows Midnight Sun's previous news release dated September 16, 2024.

Midnight Sun Mining Corp (TSXV: MMA) (OTC Pink: MDNGF) ha ricevuto un prolungamento di 14 giorni dal Ministero delle Miniere e dello Sviluppo Minerario in Zambia. Questo prolungamento è legato alla Licenza di Esplorazione su Grande Scala 21509-HQ-LEL dell'azienda. Il tempo aggiuntivo consentirà al Dipartimento di Survey Geologico dello Zambia di effettuare una visita in loco e completare il relativo rapporto di verifica del sito. Questo annuncio segue il precedente comunicato stampa di Midnight Sun datato 16 settembre 2024.

Midnight Sun Mining Corp (TSXV: MMA) (OTC Pink: MDNGF) ha recibido una prórroga de 14 días del Ministerio de Minas y Desarrollo Mineral en Zambia. Esta prórroga está relacionada con la Licencia de Exploración a Gran Escala 21509-HQ-LEL de la empresa. El tiempo adicional permitirá al Departamento de Encuestas Geológicas de Zambia realizar una visita al sitio y completar el informe de verificación asociado. Este anuncio sigue al comunicado de prensa anterior de Midnight Sun, fechado el 16 de septiembre de 2024.

Midnight Sun Mining Corp (TSXV: MMA) (OTC Pink: MDNGF)는 잠비아 광물 개발부로부터 14일 연장을 받았습니다. 이 연장은 회사의 대규모 탐사 라이센스 21509-HQ-LEL과 관련이 있습니다. 추가 시간은 잠비아 지질 조사 부서가 현장 방문을 시행하고 관련 현장 검증 보고서를 완료하는 데 도움을 줄 것입니다. 이 발표는 2024년 9월 16일자 Midnight Sun의 이전 뉴스 릴리스를 따릅니다.

Midnight Sun Mining Corp (TSXV: MMA) (OTC Pink: MDNGF) a reçu une extension de 14 jours du ministère des Mines et du Développement minier en Zambie. Cette extension est liée à la licence d'exploration à grande échelle 21509-HQ-LEL de la société. Le temps supplémentaire permettra au service géologique de Zambie de réaliser une visite sur site et de compléter le rapport de vérification associé. Cette annonce fait suite au communiqué de presse précédent de Midnight Sun daté du 16 septembre 2024.

Midnight Sun Mining Corp (TSXV: MMA) (OTC Pink: MDNGF) hat eine 14-tägige Verlängerung vom Ministerium für Bergbau und Mineralentwicklung in Sambia erhalten. Diese Verlängerung steht im Zusammenhang mit der Großangelegten Explorationslizenz 21509-HQ-LEL des Unternehmens. Die zusätzliche Zeit ermöglicht es dem Geologischen Dienst Sambias, einen Vor-Ort-Besuch durchzuführen und den entsprechenden Überprüfungsbericht abzuschließen. Diese Ankündigung folgt auf die vorherige Pressemitteilung von Midnight Sun vom 16. September 2024.

Positive
  • Extension granted for completion of site verification report
  • Additional time for Geological Survey Department to conduct site visit
Negative
  • None.

Vancouver, British Columbia--(Newsfile Corp. - September 27, 2024) - Midnight Sun Mining Corp. (TSXV: MMA) (OTC Pink: MDNGF) ("Midnight Sun" or the "Company") announces that, further to its September 16, 2024 news release, the Ministry of Mines and Minerals Development has issued a 14 day extension to allow additional time for the Geological Survey Department of Zambia to perform a site visit and complete the associated site verification report regarding the Company's Large Scale Exploration Licence 21509-HQ-LEL (the "Licence").

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

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEW RELEASE.

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.

Submission of the site verification report is dependent in part on the availability of third parties and there is no assurance that such persons will be available. Accordingly, there can be no guarantee that the site verification report will be completed and submitted within the timeframe provided or that further time extensions would be granted, nor is there any guarantee that the site verification report will be accepted by the Ministry and the Licence renewed.

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.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/224798

FAQ

What extension did Midnight Sun Mining (MDNGF) receive from Zambia's Ministry of Mines?

Midnight Sun Mining received a 14-day extension from Zambia's Ministry of Mines and Minerals Development to allow additional time for the Geological Survey Department to perform a site visit and complete the site verification report for the company's Large Scale Exploration Licence 21509-HQ-LEL.

When was the extension for Midnight Sun Mining (MDNGF) announced?

The extension for Midnight Sun Mining was announced on September 27, 2024, as stated in the press release.

What is the purpose of the site visit for Midnight Sun Mining (MDNGF)?

The purpose of the site visit is for the Geological Survey Department of Zambia to complete the site verification report regarding Midnight Sun Mining's Large Scale Exploration Licence 21509-HQ-LEL.

Which government department in Zambia is conducting the site visit for Midnight Sun Mining (MDNGF)?

The Geological Survey Department of Zambia is conducting the site visit for Midnight Sun Mining.

MIDNIGHT SUN MINING CORP

OTC:MDNGF

MDNGF Rankings

MDNGF Latest News

MDNGF Stock Data

56.71M
156.45M
5.98%
Other Industrial Metals & Mining
Basic Materials
Link
United States of America
Vancouver