May. 11 at 10:03 PM
$MDNGF Posted on behalf of Midnight Sun Mining Corp. - Midnight Sun Mining Corp. (TSXV: MMA | OTCQB: MDNGF) remains one example of exploration leverage to this theme.
Recent highlights from Haywood Securities coverage:
• 4 drill rigs active at Dumbwa; ~5.3 km of strike drilled to date
• Hole #200 recently collared
• 29 holes pending results; 46 additional holes in assay process
• Targeting a ~12 km by 400 m mineralized footprint
Haywood estimates a potential 4Q26 initial resource based on ~8 km of strike, suggesting scale in the range of ~700 Mt grading 0.4–0.5% Cu to ~175 m depth (analyst estimate).
In parallel, Midnight Sun is advancing discussions around a potential sale of the Kazhiba oxide copper deposit (72.3M lbs Cu Indicated), located near the Kansanshi SX-EW facility.
With ~
$23.5M cash and additional in-the-money warrants, the company is funded into what could be a catalyst-heavy second half of 2026.
https://www.reddit.com/r/SmallCapStocks/comments/1t6j6im/coppers_stealth_bull_market_accelerates_midnight/