Latest news with #Solwezi
Yahoo
06-08-2025
- Business
- Yahoo
Midnight Sun Initiates Drilling at Flagship Dumbwa Target
The program marks the first systematic drill program carried out across Dumbwa - following up on the ~20-kilometre Dumbwa copper-in-soil anomaly and recent dipole-dipole IP Survey. Vancouver, British Columbia--(Newsfile Corp. - August 6, 2025) - Midnight Sun Mining Corp. (TSXV: MMA) (OTC Pink: MDNGF) ("Midnight Sun" or the "Company") is pleased to announce that diamond drilling has commenced at the Company's flagship Dumbwa Target on the Solwezi Project in Zambia. Drill locations were finalized following a rigorous analysis and review of all available data, including geochemical sampling, airborne VTEM survey, previous drill results, and the recent dipole-dipole induced polarization ("IP") survey (see press release dated July 17, 2025). The drill program has begun with one diamond drill rig, and a second drill is en route and scheduled to arrive on site shortly to expedite the program. Midnight Sun's COO, Kevin Bonel, states: "When I first visited Dumbwa almost two years ago, it immediately brought to mind my early days working on Lumwana—now a crown jewel of Barrick's copper portfolio and one of the largest deposits in Zambia. The similarities between the two sites were remarkable, and I quickly recognized the geological traits they shared. Both are hosted in basement dome geology, exhibit layered mineralization, and show extensive copper clearings at surface highlighting the strength of these systems. I knew right away this was a project I wanted to be a part of. Now, as we progress at Dumbwa, that excitement continues to remain high. Applying the same approach my team and I used at Lumwana, we've carefully interpreted the promising results from the IP survey in the context of previously existing data, and I believe this has provided a clear roadmap to defining Dumbwa's potential." The initial focus is to confirm and correlate disseminated copper sulphide mineralization with the target horizon as interpreted by the IP chargeability response. The initial hole is situated on the eastern half of IP Line 2 and tests a very strong chargeability anomaly. About Dumbwa: Dumbwa represents a near-surface, low-strip, bulk-tonnage exploration target with geology and mineralization closely resembling Barrick's Lumwana Mine, ~60 kilometres to the west. Dumbwa boasts a high-grade copper-in-soil anomaly extending ~20 kilometers along strike and more than 1 kilometer wide, with peak copper values reaching 0.73%. Previous drilling has confirmed sulphide copper mineralization, but additional drilling guided by structural controls is needed to better define the dip, continuity, size, and scale of the system. Multiple stacked mineralized horizons have been identified, which appear to be similar in deposition to those found at the Lumwana Mine. The recent dipole-dipole IP survey, covering the southern 11.5 kilometers of the strike extent, has revealed the structural framework of the Dumbwa target, critical for understanding its geometry. The interpreted IP results indicate a horizon that varies from relatively flat-lying and gently dipping, to areas with clear evidence of folding, ranging from open folds to very tight upright folds. There is a strong correlation between the mineralized intervals encountered in prior drilling at Dumbwa and the target horizon interpreted from the IP data. Additionally, a positive relationship exists between this horizon and the overlying soil anomaly. The interpreted IP survey also identified several major cross-cutting structures, which help explain offsets between historical soil geochemistry and previously drilled mineralization. To view an enhanced version of this graphic, please visit: Dumbwa Drill Collar Location 1 To view an enhanced version of this graphic, please visit: Qualified Person: Darin Labrenz, a consulting geologist for the Company and Qualified Person under NI 43-101, has reviewed and approved the technical data and contents of this release. 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 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's goal is to find and develop Zambia's next generational copper deposit. ON BEHALF OF THE BOARD OF MIDNIGHT SUN MINING CORP. Al FabbroPresident & CEO For Further Information, Contact:Adrian O'BrienVP Business Development and CommunicationsTel: +1 604 809 6890Em: adrian@ 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 NEWS RELEASE. This news release contains "forward-looking statements" within the meaning of the applicable Canadian securities legislation that are based on expectations, estimates, assumptions, geological theories, and projections as at the date of this news release. The information in this news release about any 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; the availability of contractors; geo-political risks; the global economic climate; metal prices; environmental risks; political risks; and community and non-governmental actions. Further to this, geological similarities or characteristics are not guarantees or certainties of successful exploration. 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 Sign in to access your portfolio
Associated Press
06-08-2025
- Business
- Associated Press
Midnight Sun Initiates Drilling at Flagship Dumbwa Target
The program marks the first systematic drill program carried out across Dumbwa - following up on the ~20-kilometre Dumbwa copper-in-soil anomaly and recent dipole-dipole IP Survey. Vancouver, British Columbia--(Newsfile Corp. - August 6, 2025) - Midnight Sun Mining Corp. (TSXV: MMA) (OTC Pink: MDNGF) ('Midnight Sun' or the 'Company') is pleased to announce that diamond drilling has commenced at the Company's flagship Dumbwa Target on the Solwezi Project in Zambia. Drill locations were finalized following a rigorous analysis and review of all available data, including geochemical sampling, airborne VTEM survey, previous drill results, and the recent dipole-dipole induced polarization ('IP') survey ( see press release dated July 17, 2025 ). The drill program has begun with one diamond drill rig, and a second drill is en route and scheduled to arrive on site shortly to expedite the program. Midnight Sun's COO, Kevin Bonel, states: 'When I first visited Dumbwa almost two years ago, it immediately brought to mind my early days working on Lumwana—now a crown jewel of Barrick's copper portfolio and one of the largest deposits in Zambia. The similarities between the two sites were remarkable, and I quickly recognized the geological traits they shared. Both are hosted in basement dome geology, exhibit layered mineralization, and show extensive copper clearings at surface highlighting the strength of these systems. I knew right away this was a project I wanted to be a part of. Now, as we progress at Dumbwa, that excitement continues to remain high. Applying the same approach my team and I used at Lumwana, we've carefully interpreted the promising results from the IP survey in the context of previously existing data, and I believe this has provided a clear roadmap to defining Dumbwa's potential.' The initial focus is to confirm and correlate disseminated copper sulphide mineralization with the target horizon as interpreted by the IP chargeability response. The initial hole is situated on the eastern half of IP Line 2 and tests a very strong chargeability anomaly. About Dumbwa: Dumbwa represents a near-surface, low-strip, bulk-tonnage exploration target with geology and mineralization closely resembling Barrick's Lumwana Mine, ~60 kilometres to the west. Dumbwa boasts a high-grade copper-in-soil anomaly extending ~20 kilometers along strike and more than 1 kilometer wide, with peak copper values reaching 0.73%. Previous drilling has confirmed sulphide copper mineralization, but additional drilling guided by structural controls is needed to better define the dip, continuity, size, and scale of the system. Multiple stacked mineralized horizons have been identified, which appear to be similar in deposition to those found at the Lumwana Mine. The recent dipole-dipole IP survey, covering the southern 11.5 kilometers of the strike extent, has revealed the structural framework of the Dumbwa target, critical for understanding its geometry. The interpreted IP results indicate a horizon that varies from relatively flat-lying and gently dipping, to areas with clear evidence of folding, ranging from open folds to very tight upright folds. There is a strong correlation between the mineralized intervals encountered in prior drilling at Dumbwa and the target horizon interpreted from the IP data. Additionally, a positive relationship exists between this horizon and the overlying soil anomaly. The interpreted IP survey also identified several major cross-cutting structures, which help explain offsets between historical soil geochemistry and previously drilled mineralization. [ This image cannot be displayed. Please visit the source: ] To view an enhanced version of this graphic, please visit: [ This image cannot be displayed. Please visit the source: ] Dumbwa Drill Collar Location 1 To view an enhanced version of this graphic, please visit: Qualified Person: Darin Labrenz, a consulting geologist for the Company and Qualified Person under NI 43-101, has reviewed and approved the technical data and contents of this release. 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 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's goal is 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 VP Business Development and Communications Tel: +1 604 809 6890 Em: [email protected] 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 NEWS RELEASE. This news release contains 'forward-looking statements' within the meaning of the applicable Canadian securities legislation that are based on expectations, estimates, assumptions, geological theories, and projections as at the date of this news release. The information in this news release about any 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 view the source version of this press release, please visit
Russia Today
23-06-2025
- Business
- Russia Today
Canadian company suspends operations after African mine death
Canadian firm First Quantum Minerals has temporarily suspended operations at one of its Trident mines in Zambia following the death of an employee in a dump truck accident. The incident occurred at a pit at the Sentinel copper mine, located 150km west of Solwezi in the northwestern province of the southern African country, the mining company said in a statement on Monday. The 'operations in the area of the accident have been temporarily suspended and will resume once it is determined that it can be done in a safe manner,' it stated. The company said it had notified local authorities about the 'tragic loss' and that an internal investigation is currently underway. First Quantum is a major player in Zambia's copper-rich northwestern province, where it operates two major mines – the Kansanshi mine and the Sentinel mine, as part of its larger Trident project. Its operations, have, however, been marred by several fatal accidents in recent years, including a 2023 dump truck collision at Sentinel and multiple contractor deaths at Kansanshi. Last September, the Toronto-based miner reported that a collision between a tracked dozer and a light vehicle had killed one of its employees. In November the previous year, two contractors at its Zambian operations died in separate incidents. The latest incident comes at a time when countries in Africa have revoked the licenses of major Western mining firms over a series of grievances, including alleged unpaid taxes. Last Thursday, Niger's military government announced plans to nationalize Somair uranium, a local venture operated by the French state-owned nuclear company Orano since 1971, amid an escalating dispute between the miners and the West African nation. Governments in neighboring Burkina Faso, Guinea, and Mali have also moved to review mining contracts in recent months, seeking to boost revenue from their extractive industries. Earlier last Monday, Mali temporarily stripped Canadian firm Barrick of control over the country's largest gold mining operations, citing alleged unpaid taxes and royalties. In 2023, First Quantum lost control of its flagship Panama copper mine after the country's Supreme Court nullified its contract and the maritime authority blocked export permits.
Associated Press
05-06-2025
- Business
- Associated Press
Midnight Sun Announces Kazhiba Target 2 Drilling Underway
Vancouver, British Columbia--(Newsfile Corp. - June 5, 2025) - Midnight Sun Mining Corp. (TSXV: MMA) (OTC Pink: MDNGF) ('Midnight Sun' or the 'Company') is pleased to report that diamond drilling is underway at the Kazhiba Target 2 sulphide copper target on the Company's Solwezi Project in Zambia. Midnight Sun's President & CEO, Al Fabbro, states 'Kazhiba Target 2 represents an exciting opportunity to reach a major new milestone for Midnight Sun. By utilizing a phased sequence of exploration methods, we have checked all the boxes to prepare for this initial drill program, and I am extremely excited for the results of the hard work being done by our technical team.' The planned six to eight diamond drill holes totalling approximately 1,000 metres are designed to test the ~four-kilometre by two-kilometre Kazhiba sulphide copper target, where the Company has identified an overlapping copper signature in Partial Ionic Leach testing, a strong VTEM geophysical anomaly, and high chargeability / low resistivity responses from induced polarization geophysics all coinciding with geology consistent to most deposits in the Zambian Copperbelt. A water supply borehole has been completed, and the company is now underway with the first diamond drill hole, which is KAZ-25-003, and has a target depth of 150 metres. Additionally, geochemical sample collection at Mitu has been completed. The samples are now being prepared for Partial Ionic Leach assaying at ALS Chemex. [ This image cannot be displayed. Please visit the source: ] Location of proposed drill holes To view an enhanced version of this graphic, please visit: Qualified Person: Darin Labrenz, a consulting geologist for the Company and Qualified Person under NI 43-101, has reviewed and approved the technical data and contents of this release. 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 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's goal is 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: [email protected] 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 NEWS RELEASE. This news release contains 'forward-looking statements' within the meaning of the applicable Canadian securities legislation that are based on expectations, estimates, assumptions, geological theories, and projections as at the date of this news release. The information in this news release about any 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 view the source version of this press release, please visit
Associated Press
28-05-2025
- Business
- Associated Press
Midnight Sun Makes Strategic Acquisition of Luswishi Dome Project
Midnight Sun enters into an Earn-In Agreement to acquire the Luswishi Dome Project, located approximately 40 kilometers southeast of the Solwezi Project, in the Domes Region of Zambia Vancouver, British Columbia--(Newsfile Corp. - May 28, 2025) - Midnight Sun Mining Corp. (TSXV: MMA) (OTC Pink: MDNGF) ('Midnight Sun' or the 'Company') is pleased to announce that the Company has entered into an Earn-In and Operating Agreement (the 'Earn-In Agreement') with Zambezi Mint Investment Limited regarding the 366 square kilometre Luswishi Dome Project, located approximately 40 kilometres southeast of the Company's Solwezi Project, in Zambia. Midnight Sun's President & CEO, Al Fabbro, states, 'The presence of domal structures has long been recognized as a hallmark of major copper discoveries in the region, and it is exactly what led us to our Solwezi Project over a decade ago. This same geological feature underpins the world-class deposits and operating mines surrounding us, including Barrick's Lumwana Mine, First Quantum's Kansanshi and Sentinel Mines, and Ivanhoe's Kamoa-Kakula -- all excellent examples of world-class domes deposits. So, when Midnight Sun had the rare opportunity to secure what may be the last remaining Dome in the district not already controlled by a major or us, we moved quickly. The project boasts not only a highly prospective geological setting, but also an exceptional historical data package from previous operators. This head start allows us to fast-track exploration, saving both time and capital as we drive the Luswishi Project toward drilling and discovery. This acquisition strengthens our position in a highly competitive district and aligns with our strategy of targeting high-impact assets with near-term discovery potential. Midnight Sun is firmly positioned as a leading explorer in Zambia.' *Location map for the Luswishi Project provided below. Terms of the Earn-In Agreement The Earn-In Agreement consists of three stages: Stage 1: To earn an initial 51% ownership of the licence, Midnight Sun must complete CAD $750,000 worth of exploration and development expenditures on the licence within 24 months of the agreement date. Stage 2: To earn an additional 19% (70% cumulative ownership) of the licence, Midnight Sun can sole fund an NI 43-101 compliant inferred mineral resource within 24 months of the completion of Stage 1. Stage 3: To earn an additional 10% (80% cumulative ownership) of the licence, Midnight Sun can sole fund a pre-feasibility study within 36 months of the completion of Stage 2. Midnight Sun has the right, but not the obligation, to complete any of the stages and there is no firm spend. [ This image cannot be displayed. Please visit the source: ] To view an enhanced version of this graphic, please visit: Qualified Person: Darin Labrenz, a Qualified Person under NI 43-101, has reviewed and approved the technical data and contents of this release. 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's goal is 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: [email protected] 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 NEWS 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. There is no guarantee of the Company completing any stage of the Earn-In Agreement, and, as such, any information in this news release regarding the timing of earn-in stages; expenditure amounts or work-product; the respective ownership interests of the Company in the licence; 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 view the source version of this press release, please visit
