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Cover for Midnight Sun Mining - Major 2025 Exploration Plans At The Solwezi Project: 3 Target Areas All To Be Drilled

Midnight Sun Mining - Major 2025 Exploration Plans At The Solwezi Project: 3 Target Areas All To Be Drilled

April 02, 2025
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KEReport
By KEReport
KEReport

Adrian O’Brien, VP of Business Development and Communications at Midnight Sun Mining (TSX.V:MMA - OTC:MDNGF), provides an update on the company’s progress at the Slowezi Project in Zambia, where active exploration is underway across three key targets: Dumbwa, Kazhiba, and Mitu.

Dumbwa - Flagship Target Now 100% Owned

  • Midnight Sun has regained full control after KoBold Metals exited its earn-in agreement.
  • The project is being advanced under the technical leadership of Kevin Bonnell, PhD, who played a key role in expanding Barrick’s Lumwana project.
  • A dipole-dipole IP survey is underway to define drill targets along a 20-kilometer soil anomaly.
  • A 7,000 to 10,000-meter drill program will follow in mid-2025.

Kazhiba - High-Grade Oxide and Sulfide Targets

  • Previous drilling returned 21 meters of 10.69% copper and 26 meters of 5.6% copper.
  • 4,000 meters of RC drilling planned.

Mitu - Advancing to Drill Stage

  • Large-scale geochemical survey underway; drilling expected in 2025.
  • Includes a previously drilled intercept of 12 meters of 4% copper.

Budget and Funding

  • Fully funded with C$10.5 million in the treasury.
  • Total 2025 exploration program estimated at C$3 to C$4 million.
  • Initial work across all targets is highly cost-efficient, with a C$500,000 budget for the first phase of geophysics and RC drilling.

Click here to visit the Midnight Sun Mining website to read over the recent news. 

KEReport
KEReport
The KE Report provides exclusive interviews with private money managers and sub $10 billion market cap companies. Interviews are published daily to help investors navigate the markets.
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