Midnight Sun Completes Kazhiba Exploration Program: Unlocking Near-Term Production Potential

Midnight Sun Mining Corporation (TSXV: MMA) (OTC Pink: MDNGF) has announced the successful completion of its exploration program at the Kazhiba Target, located on the Company's Solwezi Property in Zambia. The program consisted of reverse circulation drilling (RC Drilling), an induced polarization survey (IP Survey), and partial ionic leach sampling, marking a significant milestone in the Company's exploration efforts and paving the way for near-term production opportunities.

The Kazhiba Target, an advanced exploration target with a high-grade oxide copper blanket, has shown promising results from previous drilling campaigns. The recent exploration program aimed to delineate near surface oxide copper mineralization, identify potential sulfide target generation, and create a 'fingerprint' of the known mineralized area to help interpret data across the rest of the license. The Company completed a total of 2,005 metres of RC Drilling within 54 holes, an IP Survey over additional targets, and a geochemical survey using partial ionic leach sampling.



The completion of the Kazhiba exploration program has several implications for Midnight Sun's near-term production plans and exploration strategy:

1. Unlocking near-term production potential: The RC Drilling program was designed to form the basis of an oxide mineral resource estimate, which could provide feed to First Quantum's Kansanshi Mine operations. With the successful completion of this program, Midnight Sun is one step closer to unlocking near-term production and realizing significant near-term, sustained cash flow.
2. Potential for new discoveries: The IP Survey completed over additional targets at Kazhiba has the potential to identify stratigraphic conductors for future drill testing of possible sulfide sources of the Kazhiba oxide blanket. These additional targets could represent standalone opportunities within the licence, expanding Midnight Sun's exploration focus and increasing the likelihood of discovering new copper deposits.
3. Resource diversification: The exploration of these new targets could help diversify Midnight Sun's resource base, reducing the reliance on a single deposit and potentially increasing the resilience of the Company's operations.
4. Potential for standalone operations: If the new targets prove to be significant, they could potentially support standalone operations, providing additional revenue streams for the Company.

In conclusion, the completion of the Kazhiba exploration program marks a pivotal milestone for Midnight Sun, bringing the Company one step closer to unlocking near-term production and enhancing its exploration strategy. With the successful completion of this program, Midnight Sun is well-positioned to capitalize on the potential of its Solwezi Property in Zambia and create value for shareholders. As the Company awaits assay results, investors should closely monitor Midnight Sun's progress in realizing the value of its Kazhiba Target and other exploration efforts.