Adrian O’Brien, VP of Business Development and Communications at Midnight Sun Mining (TSX.V:MMA – OTC:MDNGF), provides an update on the company’s progress at the Slowezi Project in Zambia, where active exploration is underway across three key targets: Dumbwa, Kazhiba, and Mitu.

Dumbwa – Flagship Target Now 100% Owned

• Midnight Sun has regained full control after KoBold Metals and Midnight Sun mutually agree to terminate the earn-in.
  
  
• The project is being advanced under the technical leadership of Kevin Bonnell, PhD, who played a key role in expanding Barrick’s Lumwana project.
  
  
• A dipole-dipole IP survey is underway to define drill targets along a 20-kilometer soil anomaly.
  
  
• A 7,000 to 10,000-meter drill program will follow in mid-2025.
  
  

Kazhiba – High-Grade Oxide and Sulfide Targets

• Previous drilling returned 21 meters of 10.69% copper and 26 meters of 5.6% copper.
  
  
• 4,000 meters of RC drilling planned.
  
  

Mitu – Advancing to Drill Stage

• Large-scale geochemical survey underway; drilling expected in 2025.
  
  
• Includes a previously drilled intercept of 12 meters of 4% copper.
  
  

Budget and Funding

• Fully funded with C$10.5 million in the treasury.
  
  
• Total 2025 exploration program estimated at C$3 to C$4 million.
  
  
• Initial work across all targets is highly cost-efficient, with a C$500,000 budget for the first phase of geophysics and RC drilling.

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