Welcome!

News Feed Item

Midnight Sun Drills 14.2 Metres Grading 5.71% Copper at Solwezi

VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 06/26/14 -- Midnight Sun Mining Corp. (the "Company" or "Midnight Sun") (TSX VENTURE:MMA) announces the results for the recently completed core drilling program on the Solwezi copper property in northwest Zambia. The drill program was undertaken in April and May 2014 and consisted of 739 metres HQ core drilled in 12 holes.

Highlights of significant, near surface copper mineralization include the following:


--  5.71% copper over 14.2 metres, including 9.58% copper over 7.2 metres in
    drill hole SLZ-DD-14-010; 
--  5.08% copper over 8.0 metres in drill hole SLZ-DD-14-005; and 
--  6.27% copper over 4.5 metres in drill hole SLZ-DD-14-001. 

Note: The above reported lengths are intercept lengths and not estimated    
true widths                                                                 

The recent drill program targeted an area of the Solwezi property located approximately 10km southwest of the Kansanshi mine, the largest copper mine in Africa, which is operated by First Quantum Minerals (FQM-T). This program was designed to expand the area of high grade copper mineralization and locate primary copper mineralization.

"These results continue to confirm the presence of high grade, near surface, oxide copper mineralization in this location," commented Bob Sibthorpe, President and CEO. "The Company is actively reviewing the information provided by these latest results to further delineate the geological model and design a follow up exploration program to expand the known mineralized areas and identify the source of this high grade copper."

Copper mineralization is mainly in the form of malachite, a mineral comprised of 57.48% copper and often associated with acid leaching operations. An image highlighting the area targeted by this core drill program, tables listing full information on all drilling to date, including reverse circulation ("RC") drilling, and location maps are available on the Company's website at www.midnightsunmining.com.

The following table summarizes the assay results of the recently completed 12 drill holes:


----------------------------------------------------------------------------
     Hole #       From (m)     To (m)   Interval (m)    True      Copper %  
                                                    width(i) (m)            
----------------------------------------------------------------------------
SLZ-DD-14-001       13.50       18.00       4.50        3.60        6.27    
----------------------------------------------------------------------------
SLZ-DD-14-002       0.00        13.00       13.00       10.40       0.06    
----------------------------------------------------------------------------
SLZ-DD-14-003       10.00       19.95       9.95        7.96        0.50    
----------------------------------------------------------------------------
             and    29.40       37.00       7.60        6.08        0.46    
----------------------------------------------------------------------------
SLZ-DD-14-004       17.35       17.75       0.40        0.32        1.40    
----------------------------------------------------------------------------
             and    43.00       43.90       0.90        0.72        0.51    
----------------------------------------------------------------------------
SLZ-DD-14-005       21.70       29.70       8.00        6.40        5.08    
----------------------------------------------------------------------------
SLZ-DD-14-006       14.0        24.0        10.0         8.0        0.08    
----------------------------------------------------------------------------
SLZ-DD-14-007       8.00        13.90       5.90        4.70        1.15    
----------------------------------------------------------------------------
             and    17.50       48.00       30.50       24.40       0.55    
----------------------------------------------------------------------------
       including    33.50       37.50       4.00        3.20        3.17    
----------------------------------------------------------------------------
SLZ-DD14--008       6.00        12.50       6.50        5.20        0.49    
----------------------------------------------------------------------------
SLZ-DD-14-009       12.00       23.60       11.60       9.28        0.34    
----------------------------------------------------------------------------
SLZ-DD-14-010       12.00       26.20       14.20       11.36       5.71    
----------------------------------------------------------------------------
       including    12.00       19.20       7.20        5.76        9.58    
----------------------------------------------------------------------------
SLZ-DD-14-011       24.00       26.60       2.60        2.08        0.26    
----------------------------------------------------------------------------
SLZ-DD-14-012       10.00       26.00       16.00       12.80       0.29    
----------------------------------------------------------------------------
(i) True widths are estimated to be between 75-85% of reported intervals for
all core holes and were estimated by cross sectional analysis.              

All drilling was carried out by Layne Drilling Zambia and assaying was performed by Genalysis Laboratory Services, an accredited lab located in Australia. Minor silver values were associated with the higher grade copper samples.

The Company's technical report, dated July 27, 2013 on the Solwezi property entitled "Technical Report on the Geology and Exploration Summary of the Solwezi Group of Prospecting Licences," prepared in accordance with National Instrument 43-101, is available on the company's website, as well as on SEDAR at www.sedar.com.

Qualified Control/Quality Assurance: Samples obtained during core drilling were transported directly to Genalysis Laboratories in Chingola, Zambia by Midnight Sun personnel for sample preparation. Samples were sorted, dried, crushed, and pulped before being sent to Perth, Australia for final chemical analysis using ICP-MS methods. All samples returning greater than 20,000 ppm Cu were automatically re-checked by Genalysis. Genalysis is a fully accredited Laboratory and sample duplicates, standards and blanks were inserted by Genalysis and verified by the qualified person. All assays received from the 2013 reverse circulation drill program in excess of 2% copper were tested for acid solubility and these generally exceeded 95% acid soluble copper.

Qualified Person: Warren Robb, 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 a mineral exploration company with an African focus. The Company has entered into a definitive agreement to option a 60% interest in the Solwezi Licences in Zambia. This option agreement is a part of an ongoing strategic alliance with Kam Chuen Resource Holdings Ltd. Kam Chuen holds an exclusive prospecting license portfolio of over 150 exploration permits covering over 100,000 km2 in five African countries. Kam Chuen has agreed to provide Midnight Sun full access to its property portfolio, as well as first right of refusal regarding the optioning of any of Kam Chuen's exploration licenses, and in exchange, Midnight Sun has agreed to offer Kam Chuen technical expertise in the management and selection of properties.


ON BEHALF OF THE BOARD                                                      
                                                                            
Robert Sibthorpe B.Sc.(Geology), M.B.A.                                     
President & CEO                                                             

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 includes certain statements that may be deemed "forward-looking statements." All statements in this release, other than statements of historical facts, are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include, changes in market conditions, unsuccessful exploration results, changes in the price of gold, unanticipated changes in key management personnel and general economic conditions. Mining exploration and development is an inherently risky business. Accordingly, the actual events may differ materially from those projected in the forward-looking statements. This list is not exhaustive of the factors that may affect any of the Company's forward-looking statements. These and other factors should be considered carefully and readers should not place undue reliance on the Company's forward-looking statements. The Company does not undertake to update any forward-looking statement that may be made from time to time by the Company or on its behalf, except in accordance with applicable securities laws.

Contacts:
Al Fabbro
Director
Tel: 604-351-8850

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
Many banks and financial institutions are experimenting with containers in development environments, but when will they move into production? Containers are seen as the key to achieving the ultimate in information technology flexibility and agility. Containers work on both public and private clouds, and make it easy to build and deploy applications. The challenge for regulated industries is the cost and complexity of container security compliance. VM security compliance is already challenging, ...
Designing IoT applications is complex, but deploying them in a scalable fashion is even more complex. A scalable, API first IaaS cloud is a good start, but in order to understand the various components specific to deploying IoT applications, one needs to understand the architecture of these applications and figure out how to scale these components independently. In his session at @ThingsExpo, Nara Rajagopalan is CEO of Accelerite, will discuss the fundamental architecture of IoT applications, ...
WebRTC is bringing significant change to the communications landscape that will bridge the worlds of web and telephony, making the Internet the new standard for communications. Cloud9 took the road less traveled and used WebRTC to create a downloadable enterprise-grade communications platform that is changing the communication dynamic in the financial sector. In his session at @ThingsExpo, Leo Papadopoulos, CTO of Cloud9, will discuss the importance of WebRTC and how it enables companies to fo...
SYS-CON Events announced today TechTarget has been named “Media Sponsor” of SYS-CON's 18th International Cloud Expo, which will take place on June 7–9, 2016, at the Javits Center in New York City, NY, and the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. TechTarget is the Web’s leading destination for serious technology buyers researching and making enterprise technology decisions. Its extensive global networ...
Korean Broadcasting System (KBS) will feature the upcoming 18th Cloud Expo | @ThingsExpo in a New York news documentary about the "New IT for the Future." The documentary will cover how big companies are transmitting or adopting the new IT for the future and will be filmed on the expo floor between June 7-June 9, 2016, at the Javits Center in New York City, New York. KBS has long been a leader in the development of the broadcasting culture of Korea. As the key public service broadcaster of Korea...
As cloud and storage projections continue to rise, the number of organizations moving to the cloud is escalating and it is clear cloud storage is here to stay. However, is it secure? Data is the lifeblood for government entities, countries, cloud service providers and enterprises alike and losing or exposing that data can have disastrous results. There are new concepts for data storage on the horizon that will deliver secure solutions for storing and moving sensitive data around the world. ...
In his session at 18th Cloud Expo, Bruce Swann, Senior Product Marketing Manager at Adobe, will discuss how the Adobe Marketing Cloud can help marketers embrace opportunities for personalized, relevant and real-time customer engagement across offline (direct mail, point of sale, call center) and digital (email, website, SMS, mobile apps, social networks, connected objects). Bruce Swann has more than 15 years of experience working with digital marketing disciplines like web analytics, social med...
What a difference a year makes. Organizations aren’t just talking about IoT possibilities, it is now baked into their core business strategy. With IoT, billions of devices generating data from different companies on different networks around the globe need to interact. From efficiency to better customer insights to completely new business models, IoT will turn traditional business models upside down. In the new customer-centric age, the key to success is delivering critical services and apps wit...
The essence of data analysis involves setting up data pipelines that consist of several operations that are chained together – starting from data collection, data quality checks, data integration, data analysis and data visualization (including the setting up of interaction paths in that visualization). In our opinion, the challenges stem from the technology diversity at each stage of the data pipeline as well as the lack of process around the analysis.
As machines are increasingly connected to the internet, it’s becoming easier to discover the numerous ways Industrial IoT (IIoT) is helping to shape the business world. This is exactly why we have decided to take a closer look at this pervasive movement and to examine the desire to connect more things! Now if you need a refresher on IIoT and how it is changing the world, take a moment and listen to Greg Gorbach with ARC Advisory Group. Gorbach believes, "IIoT will significantly change the worl...
Enterprise networks are complex. Moreover, they were designed and deployed to meet a specific set of business requirements at a specific point in time. But, the adoption of cloud services, new business applications and intensifying security policies, among other factors, require IT organizations to continuously deploy configuration changes. Therefore, enterprises are looking for better ways to automate the management of their networks while still leveraging existing capabilities, optimizing perf...
With major technology companies and startups seriously embracing IoT strategies, now is the perfect time to attend @ThingsExpo 2016 in New York and Silicon Valley. Learn what is going on, contribute to the discussions, and ensure that your enterprise is as "IoT-Ready" as it can be! Internet of @ThingsExpo, taking place Nov 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 17th Cloud Expo and will feature technical sessions from a rock star conference faculty ...
The 19th International Cloud Expo has announced that its Call for Papers is open. Cloud Expo, to be held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, brings together Cloud Computing, Big Data, Internet of Things, DevOps, Containers, Microservices and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding business opportunity. Submit y...
Cloud computing changed data analytics for good. It enabled companies to drastically decrease resources and architecture previously assigned with business intelligence departments. It also enabled laymen to run advanced business analytics. Cloud was also the architecture of choice for storing and processing big data. Data piling is a continuous process, which is going to explode with emerging Internet of Things concept. Answer to this issue developers found in new concept called fog computing. ...
Internet of @ThingsExpo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with the 19th International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world and ThingsExpo New York Call for Papers is now open.