Midnight Sun secures license renewal for Kazhiba Target and advances exploration plans

Proactive - Interviews for investors

Midnight Sun Mining Corp Director of Marketing and Communications Adrian O’Brien joined Steve Darling from Proactive to shared exciting developments with Proactive regarding the company's flagship Kazhiba Target. The Mining Licensing Committee recently approved the renewal application for a Large-Scale Exploration License, resolving prior concerns surrounding the Kazhiba Project’s license status. O’Brien emphasized that the approval solidifies the foundation for Midnight Sun’s exploration and development activities, clearing the way for near-term milestones. The company is now focused on completing and analyzing the results of its exploration program at Kazhiba. This work is being carried out in collaboration with First Quantum Minerals as part of a broader campaign to identify near-surface oxide copper mineralization. The target is to supply Africa’s largest copper mining complex, Kansanshi, located just a few kilometers away. This strategic approach provides Midnight Sun with potential near-term production and cash flow, offering a rare, non-dilutive funding path to further explore its underlying sulfide copper targets at Kazhiba, Mitu, and Crunch. Additionally, Midnight Sun and KoBold Metals have agreed to amend their earn-in agreement, removing the longstop date to allow additional time for securing the necessary Zambian regulatory approvals to finalize the agreement. This amendment underscores the commitment of both parties to the project's success and positions Midnight Sun to capitalize on its promising exploration portfolio. #proactiveinvestors #midnightsunminingcorp #tsxv #mma #otc #mdngf #mining #MiningNews #ZambiaMining #KazhibaLicense #MidnightSunMining #CopperProduction #FirstQuantum #MineralExploration #ProactiveInvestors #SustainableMining #investment #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews