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Midnight Sun Intersects High-Grade Oxide Copper at Kazhiba Target
TGTTarget(TGT) Newsfile·2025-01-29 11:30

Core Insights - Midnight Sun Mining Corporation announced successful drill results from the Kazhiba Target, confirming high-grade oxide copper mineralization, which is expected to drive significant value for the Solwezi Project [1][3][6] Exploration Highlights - Drill results include notable intersections: 10.69% copper over 21 metres, 5.60% copper over 26 metres, and 3.01% copper over 15 metres [1][5] - A total of 54 Reverse Circulation drill holes were completed, totaling 2,005 metres, with plans for 13 additional holes to test mineralization extensions starting April 2025 [5][7][11] Project Development - The exploration program aimed to validate and confirm the oxide copper resource at Kazhiba, establishing continuity, distribution, and grade of the mineralization [6][8] - The company is also exploring the potential for additional oxide copper occurrences and identifying possible sulfide sources within the same license area [6][8] Future Plans - Follow-up exploration in 2025 will focus on extending the oxide copper footprint and confirming the primary sulfide source of the secondary oxide copper at Kazhiba [8][10] - Results from 625 Partial Ionic Leach samples are pending, expected in Q1 2025, alongside results from a completed induced polarization survey [5][6]