https://www.midnightsunmining.com/wp-content/uploads/Midnight-Sun-Mining-logo.png 0 0 Craig Paterson https://www.midnightsunmining.com/wp-content/uploads/Midnight-Sun-Mining-logo.png Craig Paterson2021-04-19 06:28:332021-04-19 06:29:28Rio Tinto Commences Exploration On Solwezi Copper Project
Vancouver, British Columbia, April 19, 2021 – Midnight Sun Mining Corp. (the “Company” or “Midnight Sun”) (TSX-V: MMA) is pleased to announce Rio Tinto Mining and Exploration Limited (“Rio Tinto”) have commenced their initial 2021 exploration campaign on Midnight Sun’s Solwezi Licences in Zambia. Rio Tinto is in Stage 1 of the previously announced Earn-In and Joint Venture Agreement (the “Earn-In Agreement”) (see the Company’s news release Midnight Sun Signs USD$51 Million Earn-In Agreement With Rio Tinto, dated April 27, 2020, for details of the Earn-In Agreement). The initial 2021 work program budget is USD $3,200,000 and is expected to be completed in late June. Results of this exploration work will dictate the additional budgets for 2021.