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
When building large, cloud-based applications that operate at a high scale, it's important to maintain a high availability and resilience to failures. In order to do that, you must be tolerant of failures, even in light of failures in other areas of your application. "Fly two mistakes high" is an old adage in the radio control airplane hobby. It means, fly high enough so that if you make a mistake, you can continue flying with room to still make mistakes. In his session at 18th Cloud Expo, Le...
Machine learning has taken residence at our cities' cores and now we can finally have "smart cities." Cities are a collection of buildings made to provide the structure and safety necessary for people to function, create and survive. Buildings are a pool of ever-changing performance data from large automated systems such as heating and cooling to the people that live and work within them. Through machine learning, buildings can optimize performance, reduce costs, and improve occupant comfort by ...
DevOps tends to focus on the relationship between Dev and Ops, putting an emphasis on the ops and application infrastructure. But that’s changing with microservices architectures. In her session at DevOps Summit, Lori MacVittie, Evangelist for F5 Networks, will focus on how microservices are changing the underlying architectures needed to scale, secure and deliver applications based on highly distributed (micro) services and why that means an expansion into “the network” for DevOps.
Is it possible to migrate 100% of your data ecosystem to the cloud? Join Joe Caserta as he takes you on a complete journey to digital transformation mapping out on-prem data footprint and walking it to the cloud. Joe will also explain how the modern ecosystem supports Artificial Intelligence and will include business use cases to back each of his insights.
With 10 simultaneous tracks, keynotes, general sessions and targeted breakout classes, @CloudEXPO and DXWorldEXPO are two of the most important technology events of the year. Since its launch over eight years ago, @CloudEXPO and DXWorldEXPO have presented a rock star faculty as well as showcased hundreds of sponsors and exhibitors! In this blog post, we provide 7 tips on how, as part of our world-class faculty, you can deliver one of the most popular sessions at our events. But before reading...
René Bostic is the Technical VP of the IBM Cloud Unit in North America. Enjoying her career with IBM during the modern millennial technological era, she is an expert in cloud computing, DevOps and emerging cloud technologies such as Blockchain. Her strengths and core competencies include a proven record of accomplishments in consensus building at all levels to assess, plan, and implement enterprise and cloud computing solutions. René is a member of the Society of Women Engineers (SWE) and a m...
Containers and Kubernetes allow for code portability across on-premise VMs, bare metal, or multiple cloud provider environments. Yet, despite this portability promise, developers may include configuration and application definitions that constrain or even eliminate application portability. In this session we'll describe best practices for "configuration as code" in a Kubernetes environment. We will demonstrate how a properly constructed containerized app can be deployed to both Amazon and Azure ...
Poor data quality and analytics drive down business value. In fact, Gartner estimated that the average financial impact of poor data quality on organizations is $9.7 million per year. But bad data is much more than a cost center. By eroding trust in information, analytics and the business decisions based on these, it is a serious impediment to digital transformation.
Charles Araujo is an industry analyst, internationally recognized authority on the Digital Enterprise and author of The Quantum Age of IT: Why Everything You Know About IT is About to Change. As Principal Analyst with Intellyx, he writes, speaks and advises organizations on how to navigate through this time of disruption. He is also the founder of The Institute for Digital Transformation and a sought after keynote speaker. He has been a regular contributor to both InformationWeek and CIO Insight...
In this presentation, you will learn first hand what works and what doesn't while architecting and deploying OpenStack. Some of the topics will include:- best practices for creating repeatable deployments of OpenStack- multi-site considerations- how to customize OpenStack to integrate with your existing systems and security best practices.
DXWorldEXPO LLC announced today that Kevin Jackson joined the faculty of CloudEXPO's "10-Year Anniversary Event" which will take place on November 11-13, 2018 in New York City. Kevin L. Jackson is a globally recognized cloud computing expert and Founder/Author of the award winning "Cloud Musings" blog. Mr. Jackson has also been recognized as a "Top 100 Cybersecurity Influencer and Brand" by Onalytica (2015), a Huffington Post "Top 100 Cloud Computing Experts on Twitter" (2013) and a "Top 50 C...
The now mainstream platform changes stemming from the first Internet boom brought many changes but didn’t really change the basic relationship between servers and the applications running on them. In fact, that was sort of the point. In his session at 18th Cloud Expo, Gordon Haff, senior cloud strategy marketing and evangelism manager at Red Hat, will discuss how today’s workloads require a new model and a new platform for development and execution. The platform must handle a wide range of rec...
Bill Schmarzo, Tech Chair of "Big Data | Analytics" of upcoming CloudEXPO | DXWorldEXPO New York (November 12-13, 2018, New York City) today announced the outline and schedule of the track. "The track has been designed in experience/degree order," said Schmarzo. "So, that folks who attend the entire track can leave the conference with some of the skills necessary to get their work done when they get back to their offices. It actually ties back to some work that I'm doing at the University of ...
DXWorldEXPO LLC, the producer of the world's most influential technology conferences and trade shows has announced the 22nd International CloudEXPO | DXWorldEXPO "Early Bird Registration" is now open. Register for Full Conference "Gold Pass" ▸ Here (Expo Hall ▸ Here)
When it comes to cloud computing, the ability to turn massive amounts of compute cores on and off on demand sounds attractive to IT staff, who need to manage peaks and valleys in user activity. With cloud bursting, the majority of the data can stay on premises while tapping into compute from public cloud providers, reducing risk and minimizing need to move large files. In his session at 18th Cloud Expo, Scott Jeschonek, Director of Product Management at Avere Systems, discussed the IT and busine...