Midnight Sun To Conduct Geophysical Survey on “Ore Shale”-Type Copper- Cobalt Mineralization
Vancouver, British Columbia, February 10, 2017 – Midnight Sun Mining Corp. (the “Company” or “Midnight Sun”) (TSX-V: MMA) plans geophysical work to follow up its recently announced discovery of ore shale type mineralization (news release dated January 12, 2017) on its optioned Solwezi properties. Work will consist of approximately 35 line kilometres of natural source audio magneto tellurics (“NSAMT”) to map strike and depth extents of host rock.
The NSAMT survey will be done on the Mitu area of the Solwezi properties, where the extent of the favourable ore shale trend has yet to be tested and the results from this survey will determine the scope and collar locations for future drill programs.
Ore shale mineralization is the dominant form of copper, cobalt and nickel deposition in the Zambia- Congo Copperbelt, the largest single copper production area in the world. Mineralization is associated with shale units which form chemical and physical ‘traps’ for base metals at or near the favourable contact between the Upper and Lower Roan units. This contact zone along the western flank of the Solwezi Dome extends for over 17 kilometers on the Company’s License areas.
Qualified Person: Richard Mazur, P.Geo., a Qualified Person under NI 43-101, has reviewed and approved the technical data and contents of this release. Mr. Mazur is a Director of the Company and, as such, is not independent.
ON BEHALF OF THE BOARD
Robert Sibthorpe B.Sc.(Geology), M.B.A. President & CEO
For Further Information Contact:
Al Fabbro Director
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This news release includes certain statements that may be deemed “forward-looking statements.” All statements in this release, other than statements of historical facts, are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include, changes in market conditions, unsuccessful exploration results, changes in commodity prices, unanticipated changes in key management personnel and general economic conditions. Mining exploration and development is an inherently risky business. Accordingly, the actual events may differ materially from those projected in the forward-looking statements. This list is not exhaustive of the factors that may affect any of the Company’s forward-looking statements. These and other factors should be considered carefully and readers should not place undue reliance on the Company’s forward-looking statements. The Company does not undertake to update any forward-looking statement that may be made from time to time by the Company or on its behalf, except in accordance with applicable securities laws.