Midnight Sun Mining Corp. (TSXV:MMA)Mining
Midnight Sun Mining Corp. is a mineral mining company involved in the identification, acquisition, evaluation, exploration and development of base metal properties, mainly copper deposits. Midnight Sun Mining Corp is a public corporation listed on the Toronto Venture Stock Exchange (the Canadian market), with its common shares trading under the ticker symbol MMA.
The Vancouver-based metal exploration company is focused on exploring and discovering the copper mineralization within the Zambian-Congo Copper Belt, in Africa. Midnight Sun partly holds and operates the Solwezi Licences, which are situated at some 15 kilometers distance from the Kansanshi Deposit, in the North-Western Province of Zambia.
First Quantum Minerals Limited owns and operates the Kansanshi Copper (Cu) Mine – one of the largest copper mines across the globe. The Solwezi Licenses include two distinct exploration licenses covering a combined total area of approximately 506 square kilometers.
The company has three primary prospective target areas:
22 Zone lies some 20 kilometers away in the northwestern part of the Solwezi Dome. Originally, the 22 Zone was identified in 2012 as a result of shallow drill operations. In later years, the reverse circulation and diamond drill activities led to expanding the quality near-surface mineralization potential.
The Mitu Area has the potential for base metal mineralization in the form of copper (Cu), cobalt (Co) and nickel (Ni) disposition. Midnight conducted various geochemical and geological surveys onsite apart from the previous operator's database, both of which suggest the presence of an ore shale-type mineral system.
Dumbwa hosts structurally controlled mineralization with copper hydrothermal veins and copper soil anomaly. According to the soil sample results and Air Core drills, the property has potential for oxide copper mineralization.
Midnight Sun Mining Corp is focused on the exploration and drilling operations to discover new target areas and exploit the mineral potential to expand the mineral resources for the development and advancement of the project.
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