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Midnight Sun Intercepts 7.39% Cu over 14.86m including 16.9% Cu over 4m at Kazhiba Main

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Executive Summary

Midnight Sun Mining Corp. has delivered impressive initial assay results from its Kazhiba copper project, demonstrating the potential for high-grade copper mineralization. The standout intercept of 7.39% copper over 14.86 meters, which includes an exceptional 16.9% copper over 4 meters, represents significant grades that could support economic development scenarios. These results come from the Kazhiba Main zone, where the company has now completed its reverse circulation drilling program.

The exploration program is expanding with the initiation of RC drilling at the Kazhiba East targets, suggesting management confidence in the broader mineralization potential across the property. The progression from Kazhiba Main to the eastern targets indicates a systematic approach to defining the copper resource across multiple zones. With copper prices remaining elevated due to electrification and energy transition demands, these high-grade intercepts position Midnight Sun favorably in the current market environment.

The company's dual listing on both the TSXV and OTCQX provides access to both Canadian and U.S. capital markets, which could be advantageous for funding continued exploration and development activities. The timing of these results aligns well with increased investor interest in copper projects, particularly those demonstrating high-grade mineralization that could support future mining operations. The completion of one drilling phase and immediate commencement of the next suggests operational efficiency and continued exploration momentum.
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