Midnight Sun Mng Corp Stock Price, News & Analysis

Midnight Sun (OTCQX: MDNGF) reported initial assays from eight 2025 diamond holes at Kazhiba Main, highlighting a standout intercept of 7.39% Cu over 14.86 m including 16.9% Cu over 4.0 m from 17.00–31.86 m. The 2025 resource-edge campaign at Kazhiba Main is complete with 163 holes totalling 5,243 m. Assays from the 2025 RC program are pending and will feed a maiden NI 43-101 resource estimate expected in Q4 2025. A due-diligence diamond re-drill (41 holes) was completed to verify 2024 RC intervals after contractor sampling issues; early results show the previously reported 'voids' are absent and, in some cases, contain copper mineralization. Kazhiba East RC drilling has started, with a planned 100-hole program testing three PIL soil anomalies.

Midnight Sun (OTCQX: MDNGF) has qualified to trade on the OTCQX Best Market in the United States, effective October 20, 2025, while retaining its primary listing on the TSX Venture Exchange under MMA.

The company says the OTCQX listing aims to broaden its U.S. investor base, increase transparency and visibility, and potentially improve liquidity and access to real-time Level 2 quotes. Midnight Sun cites support for advancing its flagship Dumbwa Target in Zambia and notes OTCQX companies must meet stringent financial, governance and regulatory standards.

Midnight Sun Mining (OTC:MDNGF) has announced significant copper mineralization discoveries at its Dumbwa Target. Initial drilling results revealed notable intercepts including 0.51% Cu over 39.7 meters (including 1.13% Cu over 7m) and 0.48% Cu over 25.9 meters.

The drilling program, designed to test geological models across the ~20-kilometer strike-length target, confirmed mineralized sulphide copper systems at depth. Key holes DBW-25-003 and DBW-25-007 demonstrated shear zone-controlled mineralization, with continuous copper sulphides observed over 150m. Follow-up holes DBW-25-009 and DBW-25-010 confirmed multiple parallel shear zones with near-vertical orientation.

The geological model indicates multiple near-vertical, parallel to sub-parallel shear zones, remaining open to the east and west. The company's COO compared the findings to early exploration patterns at Lumwana's Lubwe and Kamaranda sites.

Midnight Sun Mining (OTC Pink: MDNGF) has announced the deployment of a third diamond drill rig at its Dumbwa Target within the Solwezi Project in Zambia's Domes Region. The company has contracted Chibuli Investments Limited, a local Zambian drilling contractor, to execute a minimum of 6,000 metres of core drilling.

The initial drilling phase targets the southern 11.5 kilometers of the approximately 20-kilometer Dumbwa Target. CEO Al Fabbro emphasized that this expansion will accelerate their exploration efforts, with expectations of continuous results in the upcoming months.

Midnight Sun Mining (OTC:MDNGF) has deployed a second diamond drill rig at its Dumbwa Target on the Solwezi Project in Zambia. This expansion of drilling capacity follows the company's previously announced plans from August 6th, 2025.

The additional drill rig aims to accelerate the exploration program, which is designed to investigate a 20-kilometre soil anomaly containing copper mineralization. The company's systematic exploration approach will correlate previous drilling data, new IP data, and soil anomaly information to better understand the underlying copper deposits.

Midnight Sun Mining (OTC:MDNGF) has initiated its first systematic diamond drilling program at the Dumbwa Target on the Solwezi Project in Zambia. The program targets a significant 20-kilometer copper-in-soil anomaly and follows recent dipole-dipole IP Survey results.

The company has deployed one diamond drill rig with a second rig expected to arrive shortly. The initial drilling focuses on confirming disseminated copper sulphide mineralization correlated with IP chargeability response, with the first hole located on the eastern half of IP Line 2 targeting a strong chargeability anomaly.

COO Kevin Bonel drew parallels between Dumbwa and Barrick's Lumwana deposit, noting similarities in basement dome geology, layered mineralization, and surface copper clearings.

Midnight Sun Mining (OTC:MDNGF) has initiated an expansion drilling program at its Kazhiba-Main oxide copper target within the Solwezi Project in Zambia. The company plans 164 RC holes to expand upon successful 2024 drilling results, which tested only 40% of the geochemical anomaly.

Previous drilling highlights included exceptional grades of 10.69% copper over 21.0 metres and 5.60% copper over 26.0 metres. The project, located 6 kilometers from First Quantum Minerals' Kansanshi Copper Mine, is part of a Cooperative Exploration Plan with First Quantum. Additionally, the company completed a 585-sample Partial Ionic Leach program at Kazhiba-East to identify new target areas.

Upon completion of the drilling program, Midnight Sun plans to deliver its maiden NI43-101 compliant resource estimate for Kazhiba-Main.

Midnight Sun Mining (OTC:MDNGF) has completed phase one of a 56 line-kilometre dipole-dipole induced polarization (IP) survey at its Dumbwa Target within the Solwezi Project in Zambia. The initial phase covered 11.5 kilometres of strike length with 500-250 metre east-west oriented line spacings.

The IP survey results have successfully correlated with previous drill-identified mineralization and provided detailed visual interpretation of mineralized horizons. The survey revealed varying structural architecture, from flat-lying to tightly folded horizons, and identified major cross-cutting structures explaining offset between historical soil geochemistry and previous drilling.

Based on these findings, the company plans to commence a diamond drill program along the southern 11.5-kilometer strike length in approximately two weeks. The technical team will use the IP survey results to optimize drill placement and further validate their geological interpretations.

Midnight Sun Mining (TSXV: MMA) (OTC: MDNGF) has appointed Adrian Karolko, P. Geo, as Vice President of Exploration. Karolko brings 18 years of mineral exploration experience across various commodities and global jurisdictions. He was recently part of the Pre-Feasibility and Feasibility team for Lumina Gold's Cangrejos gold-copper project and served as Exploration Manager at Miedzi Copper Corp, where he co-discovered the Nowa Sol copper-silver deposit. The company also announced Robert Sibthorpe's transition to Chairman Emeritus while remaining on the board, Matt MacKenzie's promotion to Executive Vice President, and the grant of 3,550,000 stock options at $0.60 per share to company personnel.