STOCK TITAN

Midnight Sun Puts Second Drill To Work at Dumbwa

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags

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) ha schierato un secondo impianto di perforazione diamantata al Target Dumbwa del progetto Solwezi in Zambia. Questa estensione della capacità di perforazione segue i piani annunciati dall'azienda il 6 agosto 2025.

Il nuovo impianto mira ad accelerare il programma esplorativo, volto a indagare un'anomalia di suolo lunga 20 chilometri contenente mineralizzazione di rame. L'approccio sistematico dell'azienda metterà in relazione i dati di perforazione precedenti, i nuovi dati IP e le informazioni sull'anomalia del suolo per comprendere meglio i depositi di rame sottostanti.

Midnight Sun Mining (OTC:MDNGF) ha desplegado una segunda sonda de perforación diamantina en el Objetivo Dumbwa del proyecto Solwezi en Zambia. Esta ampliación de la capacidad de perforación sigue a los planes anunciados por la compañía el 6 de agosto de 2025.

La sonda adicional busca acelerar el programa de exploración, diseñado para investigar una anomalía de suelos de 20 kilómetros que contiene mineralización de cobre. El enfoque sistemático de la empresa correlacionará los datos de perforaciones previas, los nuevos datos IP y la información sobre la anomalía de suelos para comprender mejor los depósitos de cobre subyacentes.

Midnight Sun Mining (OTC:MDNGF)는 잠비아 솔웨지 프로젝트의 덤브와 타깃에 두 번째 다이아몬드 시추 장비를 배치했습니다. 이번 시추 능력 확장은 회사가 2025년 8월 6일 발표한 계획을 따른 것입니다.

추가 시추 장비는 구리 광화가 포함된 20킬로미터 규모의 지표 토양 이상을 조사하기 위해 탐사 프로그램을 가속화하는 것을 목표로 합니다. 회사의 체계적인 탐사 방식은 기존 시추 데이터, 새로운 IP 데이터 및 토양 이상 정보들을 연계해 지하 구리 광상에 대한 이해를 높일 것입니다.

Midnight Sun Mining (OTC:MDNGF) a déployé une seconde foreuse diamantée sur la cible Dumbwa du projet Solwezi en Zambie. Cette augmentation de la capacité de forage fait suite aux plans annoncés par la société le 6 août 2025.

La foreuse supplémentaire vise à accélérer le programme d'exploration, destiné à étudier une anomalie de sols de 20 kilomètres contenant de la minéralisation en cuivre. L'approche systématique de l'entreprise mettra en corrélation les données de forage antérieures, les nouvelles données IP et les informations sur l'anomalie de sols afin de mieux comprendre les gisements de cuivre sous-jacents.

Midnight Sun Mining (OTC:MDNGF) hat eine zweite Diamantbohranlage am Dumbwa-Ziel des Solwezi-Projekts in Sambia in Betrieb genommen. Diese Erweiterung der Bohrkapazität folgt den am 6. August 2025 bekanntgegebenen Plänen des Unternehmens.

Die zusätzliche Bohranlage soll das Explorationsprogramm beschleunigen, das eine 20 Kilometer lange Bodenanomalie mit Kupfervererzung untersuchen soll. Der systematische Explorationsansatz des Unternehmens wird frühere Bohrdaten, neue IP-Daten und Informationen zur Bodenanomalie korrelieren, um die zugrundeliegenden Kupferlagerstätten besser zu verstehen.

Positive
  • None.
Negative
  • None.

Vancouver, British Columbia--(Newsfile Corp. - August 20, 2025) - Midnight Sun Mining Corp. (TSXV: MMA) (OTC Pink: MDNGF) ("Midnight Sun" or the "Company") is pleased to announce that a second diamond drill has commenced work at the Company's flagship Dumbwa Target on the Solwezi Project in Zambia.

As per the Company's plans discussed in an August 6th, 2025 press release, Midnight Sun has brought in an additional diamond drill rig to expedite the exploration program on Dumbwa.

Midnight Sun's President & CEO, Al Fabbro, states: "Our systematic exploration approach is in action and the team are executing with precision. All of our data at Dumbwa suggests an extremely large target area, so we have put a second drill to work in order to expedite the program, which is designed to correlate all previous drilling, new IP data, and the extraordinary 20-kilometre soil anomaly that overlays the target with underlying copper mineralization."

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 kilometres along strike and more than 1 kilometre 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 kilometres 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.

Qualified Person: Darin Labrenz, P.Geo., 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: 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. 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 https://www.newsfilecorp.com/release/263145

FAQ

What did Midnight Sun Mining (MDNGF) announce about its Dumbwa Target exploration?

Midnight Sun Mining announced the deployment of a second diamond drill rig at its Dumbwa Target on the Solwezi Project in Zambia to expedite the exploration program.

How large is the soil anomaly at Midnight Sun Mining's Dumbwa Target?

The Dumbwa Target features an extraordinary 20-kilometre soil anomaly that overlays copper mineralization.

What exploration data is Midnight Sun Mining correlating at the Dumbwa Target?

The company is correlating previous drilling data, new IP data, and soil anomaly information to understand the underlying copper mineralization.

Who is the CEO of Midnight Sun Mining (MDNGF)?

Al Fabbro serves as the President & CEO of Midnight Sun Mining.
Midnight Sun Mng Corp

OTC:MDNGF

MDNGF Rankings

MDNGF Latest News

MDNGF Stock Data

99.55M
169.24M
6.15%
3.36%
Other Industrial Metals & Mining
Basic Materials
Link
Canada
Vancouver