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Last C$0.13 CAD
Change Today +0.015 / 13.04%
Volume 2.0K
MMA On Other Exchanges
As of 10:13 AM 06/30/15 All times are local (Market data is delayed by at least 15 minutes).

midnight sun mining corp (MMA) Snapshot

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09/22/14 - C$0.25
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midnight sun mining corp (MMA) Details

Midnight Sun Mining Corp., an exploration stage company, is engaged in the acquisition and exploration of mineral properties in South West Africa. The company has an option to acquire 60% interest in the Klein Aub copper-silver property located in Namibia. This property comprises 3,750 square kilometers of exclusive prospecting licenses. The company was formerly known as Midnight Sun Capital Corporation and changed its name to Midnight Sun Mining Corp. in February 2011. Midnight Sun Mining Corp. was incorporated in 2007 and is headquartered in Vancouver, Canada.

Founded in 2007

midnight sun mining corp (MMA) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: C$60.0K
Chief Financial Officer
Total Annual Compensation: --
Compensation as of Fiscal Year 2013.

midnight sun mining corp (MMA) Key Developments

Midnight Sun Mining Corp Provides Solwezi Property Exploration Update

Midnight Sun Mining Corp. provided an update on recent exploration work at the Solwezi property, located in northwest Zambia. To date, the Company has delineated five separate exploration zones on the Solwezi copper property, which consists of two separate and contiguous prospecting licenses covering approximately 502 square kilometres. The Solwezi property is located adjacent to the Kansanshi Mine, the large copper deposit in Africa. Significant, near surface copper mineralization has been identified on the 22 Zone, where core drilling conducted in 2014 included the following highlight intercepts: 5.71% copper over 14.2 metres, incl. 9.58% copper over 7.2 metres in drill hole SLZ-DD-14-010; 5.08% copper over 8.0 metres in drill hole SLZ-DD-14-005; and 6.27% copper over 4.5 metres in drill hole SLZ-DD-14-001.

Midnight Sun Mining Corp Auditor Raises 'Going Concern' Doubt

Midnight Sun Mining Corp filed its Annual on Apr 30, 2015 for the period ending Dec 31, 2014. In this report its auditor, Davidson & Company, gave an unqualified opinion expressing doubt that the company can continue as a going concern.

Midnight Sun Mining Corp. Resumes Exploration at Solwezi Mining District in Northwest Zambia

Midnight Sun Mining Corp. announced that it has commenced a combined geochemical, geophysical, and drill program on its optioned properties in the Solwezi mining district in northwest Zambia. This program will focus on geochemical targets located outside the areas previously tested on the 502 square kilometre permit area. The company believes there is significant potential on the Solwezi property for new discoveries and to expand known mineralization identified by successful 2013 and 2014 drill programs, which reported several high grade copper intercepts. Highlights of significant, near surface copper mineralization drilled on the section of Permit #43089 designated as the "22 Zone" include the following: 5.71% copper over 14.2 metres, incl. 9.58% copper over 7.2 metres in drill hole SLZ-DD-14-010; 5.08% copper over 8.0 metres in drill hole SLZ-DD-14-005; and 6.27% copper over 4.5 metres in drill hole SLZ-DD-14-001. The 22 Zone drill program was based on work done by a previous operator and targeted an area of the Solwezi property located approximately 10km southwest of the Kansanshi mine, the copper mine in Africa, which is operated by First Quantum Minerals (FQM-T). Geophysical surveying on the 22 Zone will be undertaken to guide additional drilling planned for early 2015.


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