Midnight Sun Mining - $10Million Raised, New Cooperative Exploration Plan With First Quantum Mining Targeting Possible Near Term Production
Adrian O’Brien, Director of Marketing and Communication at Midnight Sun Mining (TSX.V:MMA - OTC:MDNGF) joins me to discuss the recently closed a $10 million private placement and cooperative exploration plan with First Quantum Minerals. This venture focuses on advancing Midnight Sun's Solwezi project in Zambia, which targets significant copper and cobalt deposits.
Adrian highlights the strategic proximity to First Quantum’s Kansanshi mine and details the forthcoming drill programs at Kazhiba and Mitu. The discussion covers key aspects like the geology, operational timeline, and potential profitability of this collaboration, alongside an update on their work with KoBold Metals at the Dumbwa prospect. Adrian also delves into the unique characteristics of oxide copper deposits, permitting processes, and future benefits for Midnight Sun.
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