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Midnight Sun Announces Exploration Progress at Solwezi

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Midnight Sun Mining (MDNGF) has provided an update on its 2025 phase one exploration campaign at the Solwezi Project in Zambia. The company is making progress across three key targets: 1. Dumbwa: Dipole-Dipole IP Survey is 30% complete, with 10 of 34 planned lines surveyed across a 20km copper-in-soil anomaly. 2. Kazhiba: Diamond drilling to begin May 26th, targeting a 4km x 2km sulphide copper target. Plans include 6-8 holes totaling 1,000 meters, plus 4,000 meters of RC drilling for oxide copper targets. 3. Mitu: Partial Ionic Leach Survey is 46% complete, with plans to collect ~1,800 samples. Previous drilling showed promising results including 11.6m of 3.44% copper. CEO Al Fabbro highlighted that this exploration program, led by COO Dr. Kevin Bonel, aims to transform these targets from early-stage discoveries into well-defined assets suitable for significant development investment.
Midnight Sun Mining (MDNGF) ha fornito un aggiornamento sulla campagna esplorativa di fase uno del 2025 presso il Progetto Solwezi in Zambia. L'azienda sta facendo progressi su tre obiettivi chiave: 1. Dumbwa: Il sondaggio Dipolo-Dipolo IP è completato al 30%, con 10 delle 34 linee pianificate esplorate su un'anomalia di rame nel suolo di 20 km. 2. Kazhiba: La perforazione diamantata inizierà il 26 maggio, con l'obiettivo di un target di solfuri di rame di 4 km x 2 km. Sono previsti 6-8 fori per un totale di 1.000 metri, oltre a 4.000 metri di perforazione RC per i target di rame ossidato. 3. Mitu: Il sondaggio parziale Ionic Leach è completato al 46%, con l'intenzione di raccogliere circa 1.800 campioni. Le perforazioni precedenti hanno mostrato risultati promettenti, inclusi 11,6 m con il 3,44% di rame. Il CEO Al Fabbro ha sottolineato che questo programma esplorativo, guidato dal COO Dr. Kevin Bonel, mira a trasformare questi obiettivi da scoperte iniziali in asset ben definiti, adatti a investimenti significativi per lo sviluppo.
Midnight Sun Mining (MDNGF) ha proporcionado una actualización sobre la campaña de exploración de la fase uno de 2025 en el Proyecto Solwezi en Zambia. La compañía está avanzando en tres objetivos clave: 1. Dumbwa: La encuesta Dipolo-Dipolo IP está completada en un 30%, con 10 de 34 líneas planificadas exploradas sobre una anomalía de cobre en suelo de 20 km. 2. Kazhiba: La perforación diamantina comenzará el 26 de mayo, enfocándose en un objetivo de sulfuros de cobre de 4 km x 2 km. Se planean 6-8 pozos que suman 1,000 metros, además de 4,000 metros de perforación RC para objetivos de cobre óxido. 3. Mitu: La encuesta parcial Ionic Leach está completada en un 46%, con planes de recolectar alrededor de 1,800 muestras. Perforaciones previas mostraron resultados prometedores, incluyendo 11.6 m con 3.44% de cobre. El CEO Al Fabbro destacó que este programa de exploración, liderado por el COO Dr. Kevin Bonel, busca transformar estos objetivos desde descubrimientos iniciales en activos bien definidos, adecuados para inversiones significativas en desarrollo.
Midnight Sun Mining(MDNGF)는 잠비아 솔즈웨이 프로젝트의 2025년 1단계 탐사 캠페인에 대한 최신 정보를 제공했습니다. 회사는 세 가지 주요 목표에서 진전을 이루고 있습니다: 1. Dumbwa: Dipole-Dipole IP 조사 진행률은 30%이며, 20km 구리 토양 이상 지역 내 계획된 34개 라인 중 10개 라인이 조사되었습니다. 2. Kazhiba: 5월 26일부터 다이아몬드 시추를 시작할 예정이며, 4km x 2km 크기의 황화 구리 목표를 겨냥합니다. 6~8개의 시추공으로 총 1,000미터, 그리고 산화 구리 목표를 위한 4,000미터의 RC 시추도 계획되어 있습니다. 3. Mitu: 부분 이온 침출 조사 진행률은 46%이며 약 1,800개의 샘플을 채취할 계획입니다. 이전 시추에서는 11.6m 구간에서 3.44% 구리 함량의 유망한 결과가 나타났습니다. CEO 알 파브로는 COO 케빈 보넬 박사가 이끄는 이번 탐사 프로그램이 초기 단계의 발견을 주요 개발 투자가 가능한 명확한 자산으로 전환하는 것을 목표로 한다고 강조했습니다.
Midnight Sun Mining (MDNGF) a fourni une mise à jour sur sa campagne d'exploration phase un de 2025 au projet Solwezi en Zambie. La société progresse sur trois cibles clés : 1. Dumbwa : L'enquête Dipôle-Dipôle IP est complétée à 30 %, avec 10 des 34 lignes prévues réalisées sur une anomalie de cuivre dans le sol de 20 km. 2. Kazhiba : Le forage diamanté débutera le 26 mai, ciblant une zone de sulfures de cuivre de 4 km sur 2 km. Les plans incluent 6 à 8 trous totalisant 1 000 mètres, ainsi que 4 000 mètres de forage RC pour les cibles de cuivre oxydé. 3. Mitu : L'enquête partielle Ionic Leach est complétée à 46 %, avec l'objectif de collecter environ 1 800 échantillons. Les forages précédents ont montré des résultats prometteurs, incluant 11,6 m à 3,44 % de cuivre. Le PDG Al Fabbro a souligné que ce programme d'exploration, dirigé par le COO Dr Kevin Bonel, vise à transformer ces cibles de découvertes initiales en actifs bien définis, adaptés à des investissements significatifs pour leur développement.
Midnight Sun Mining (MDNGF) hat ein Update zur Phase-1-Erkundungskampagne 2025 beim Solwezi-Projekt in Sambia bereitgestellt. Das Unternehmen macht Fortschritte bei drei wichtigen Zielen: 1. Dumbwa: Die Dipol-Dipol-IP-Untersuchung ist zu 30 % abgeschlossen, 10 von 34 geplanten Linien wurden über einer 20 km langen Kupfer-Bodenanomalie beprobt. 2. Kazhiba: Ab dem 26. Mai beginnt die Diamantbohrung, mit Fokus auf ein 4 km x 2 km großes Kupfersulfid-Ziel. Geplant sind 6-8 Bohrlöcher mit insgesamt 1.000 Metern sowie 4.000 Meter RC-Bohrungen für oxidische Kupferziele. 3. Mitu: Die partielle Ionic-Leach-Untersuchung ist zu 46 % abgeschlossen, es sollen etwa 1.800 Proben entnommen werden. Frühere Bohrungen zeigten vielversprechende Ergebnisse, darunter 11,6 m mit 3,44 % Kupfer. CEO Al Fabbro betonte, dass dieses von COO Dr. Kevin Bonel geleitete Explorationsprogramm darauf abzielt, diese Ziele von frühen Entdeckungen zu gut definierten Vermögenswerten zu entwickeln, die für bedeutende Investitionen in die Entwicklung geeignet sind.
Positive
  • Comprehensive exploration program targeting three potentially significant copper discoveries
  • Previous drilling at Mitu showed high-grade results (11.6m of 3.44% copper)
  • Large-scale exploration targets (20km strike length at Dumbwa, 4km x 2km at Kazhiba)
  • Program led by experienced COO Dr. Kevin Bonel, who previously transformed Barrick's Lumwana Mine into a Tier 1 copper project
Negative
  • Early-stage exploration with no defined resources yet
  • Multiple phases of exploration required before potential development
  • Results from current exploration programs still pending

Vancouver, British Columbia--(Newsfile Corp. - May 21, 2025) - Midnight Sun Mining Corp. (TSXV: MMA) (OTC Pink: MDNGF) ("Midnight Sun" or the "Company") presents a progress update regarding the previously announced 2025 phase one exploration campaign. Work is underway on all three key targets and is expected to continue across several phases throughout the work season to rapidly advance the Company's Solwezi Project in Zambia.

Update summaries provided for each target, with detailed description provided below:

Dumbwa: Dipole-Dipole Induced Polarization ("IP") Survey is ~30% complete.

Kazhiba: Diamond drill contractor engaged, drill pads currently being cleared and prepared. Drilling at the Kazhiba Target 2 sulphide target is expected to begin May 26th.

Mitu: Partial Ionic Leach Survey is ~46% complete.

Midnight Sun's President & CEO, Al Fabbro, states: "We recently announced the commencement of our exploration program, designed and led by our Chief Operating Officer, Dr. Kevin Bonel. This campaign aims to advance all three of our key target areas from conceptual or early-stage discovery to well-defined assets worthy of significant development investment—within just a few months.

"We believe these targets have the potential to evolve into world-class copper discoveries. Dr. Bonel's approach is disciplined, methodical, and proven — the same strategy he successfully applied at Barrick's Lumwana Mine, transforming it from a Tier 2 asset into Zambia's latest Tier 1 copper projecti.

"This marks the first time our targets are being explored with such a rigorous and comprehensive methodology. We are confident in the potential of our assets, and with this program underway we are firmly positioned to demonstrate our commitment to unlocking significant value and delivering transformative discoveries."

Dumbwa Program Progress

Following comprehensive geological mapping and site preparation over the 20-kilometre strike length of the Dumbwa copper-in-soil anomaly, 24 of the 34 planned geophysical lines have been cleared, mapped, and prepared for surveying. Dipole-dipole IP has been completed on ten lines.

This survey is designed to generate a detailed subsurface profile, including dip direction, depth of the targeted geology, and the relationship between surface geochemical anomalies and potential sulphide copper mineralization at depth. The data generated from the IP survey will guide highly targeted drilling with the program expected to commence shortly after IP results are received.

Kazhiba Program Progress

Site access and drill pad preparation are completed at Kazhiba in advance of the sulphide drill program. Baba Drilling and Exploration Co. has been contracted to carry out diamond drilling on the "Kazhiba Target 2" sulphide copper target. Drilling is expected to start on or around May 26th. Six to eight diamond drill holes totalling approximately 1,000 metres are planned on the recently identified ~four-kilometre by two-kilometre Kazhiba sulphide copper target. This target is characterized by a significantly elevated copper signature in Partial Ionic Leach testing, a strong VTEM geophysical anomaly, and high chargeability/low resistivity responses from IP geophysics. The target also coincides with a subtle traditional geochemical response, and is situated in geology consistent with most deposits within the Zambian Copperbelt. The Company believes that the correlation of key characteristics may represent the potential sulphide source of the transported oxide material discovered on the Kazhiba License and is a strong target for the discovery of a copper mineralised stratigraphic unit.

The Company's planned reverse circulation ("RC") drill program on the Kazhiba oxide copper targets is scheduled to begin following the completion of the current Partial Ionic Leach sampling program at Mitu

The oxide drill plan includes approximately 4,000 metres of shallow RC drilling on near-surface oxide copper targets. This includes 20-25 holes targeting the north-northeast extension of the previously delineated high-grade transported oxide copper blanket, as well as approximately 125 holes testing the three new targets identified by previously completed Partial Ionic Leach sampling.

Mitu Program Progress

At Mitu, an extensive Partial Ionic Leach sampling program is underway to test the entire Mitu Trend along the western flank of the Solwezi Dome.

The Company plans to collect approximately 1,800 samples at Mitu for Partial Ionic Leach analysis. The sampling program is progressing quickly, with ~46% of the sampling completed to-date. Sampling is expected to conclude in two weeks' time.

The results of this program will drive a follow up IP survey to identify potential mineralized zones and prioritize targets for drilling. Previous work in the Mitu area identified a stratigraphic sulphide unit with drill results including 11.6 metres of 3.44% copper and 11.5 metres of 1.41% copper. Follow up targeting of this sulphide mineralization is planned using phased methodology of Partial Ionic Leach soil sampling, followed by dipole-dipole IP survey, and diamond drilling.

Given that Mitu has similar regolith to Kazhiba, which is generally unresponsive to traditional geochemical analysis, and given the positive results generated using Partial Ionic Leach sampling at Kazhiba, this technology is expected to more effectively identify and track further copper targets along the Mitu trend for the follow up described above.

Qualified Person: Darin Labrenz, P.Geo., 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: adrian@midnightsunmining.com

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. 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.


i Barrick Gold Corp. News. May, 7, 2025. Barrick Reports Solid Q1 Results and Progress on Strategic Growth Objectives. Available https://www.barrick.com/English/news/news-details/2025/q1-2025-results/default.aspx#:~:text=%E2%80%9CWhile%20others%20pursue%20shortcuts%20through,the%20New%20York%20Stock%20Exchange.&text=Mark%20Bristow%20will%20host%20a,the%20website%20for%20later%20viewing.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/252853

FAQ

What are the main exploration targets in MDNGF's Solwezi Project?

MDNGF's Solwezi Project has three main targets: Dumbwa (20km copper-in-soil anomaly), Kazhiba (4km x 2km sulphide copper target), and Mitu (previous drilling showed 11.6m of 3.44% copper).

When will MDNGF begin diamond drilling at the Kazhiba target?

Diamond drilling at Kazhiba Target 2 is expected to begin on May 26th, 2025, with 6-8 holes totaling approximately 1,000 meters planned.

What are the best historical drilling results from MDNGF's Mitu target?

Previous drilling at the Mitu target revealed significant copper mineralization, including intersections of 11.6 metres of 3.44% copper and 11.5 metres of 1.41% copper.

How much of the Partial Ionic Leach Survey has been completed at MDNGF's Mitu target?

The Partial Ionic Leach Survey at Mitu is approximately 46% complete, with plans to collect about 1,800 samples in total.

Who is leading MDNGF's exploration program at Solwezi?

The exploration program is designed and led by MDNGF's Chief Operating Officer, Dr. Kevin Bonel, who previously transformed Barrick's Lumwana Mine into a Tier 1 copper project in Zambia.
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