Midnight Sun Mining Corp (TSX-V:MMA, OTCQB:MDNGF) said that its latest geochemical and geophysical exploration programs have identified significant new sulphide and oxide copper targets at its Kazhiba project in Zambia.
A geochemical survey outlined a strong copper anomaly extending over four kilometres, aligning with high chargeability and low resistivity stratigraphy detected by an induced polarization (IP) survey, the company said in a statement.
The newly defined sulphide copper anomaly sits atop a historic geochemical anomaly within geology characteristic of the Zambian Copperbelt.
Additionally, the survey identified three new copper anomalies with geochemical signatures similar to the previously drilled Kazhiba oxide copper occurrence.
Drilling is scheduled to begin early in the second quarter of 2025.
Kevin Bonel, Midnight Sun’s chief operating officer, told investors that Midnight Sun’s geological team is confident that the unexposed unit is a copper-mineralized stratigraphic layer, given the alignment of a strong copper anomaly with favorable geology and geophysical indicators such as high chargeability and low resistivity.
“Not only do we now have a potential sulphide source for the high-grade oxide copper mineralization at Kazhiba, but we also have additional targets for more oxide copper mineralization to explore and hopefully add to our Cooperative Explorative Plan with First Quantum,” Bonel said in a statement.
“The results simply could not have been better at this stage of exploration on our Kazhiba Target.”
Midnight Sun’s recent work at Kazhiba, which included an IP survey over "Kazhiba Target 2," suggests the presence of an unexposed sulphide mineralized stratigraphic unit overlying the interpreted Kazhiba Dome. The survey revealed a chargeable unit with low resistivity, a characteristic often associated with copper mineralization.
Drilling will try to confirm the presence of a new sulphide copper deposit at Kazhiba Target 2, extend the known oxide copper footprint, and test three additional anomalies for further oxide mineralization.