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Midnight Sun Mining
Copper exploration in the world's premier Copperbelt — 100% ownership of the flagship Dumbwa Target.
Copper exploration in the world's premier Copperbelt — 100% ownership of the flagship Dumbwa Target.
Midnight Sun Mining targets world-class copper deposits in the Zambia–Congo Copperbelt — one of the most prolific copper-producing regions on Earth. The 506 km² Solwezi Project sits adjacent to First Quantum's Kansanshi Mine (Africa's largest copper mining complex, ~6 km east) and Barrick's Lumwana Mine to the west.
Midnight Sun retains 100% ownership of its flagship Dumbwa Target, where ongoing drilling has established over 4 kilometres of mineralized strike across 166 holes — with a 20 km copper-in-soil anomaly yet to be fully tested. In January 2026, the company announced a maiden Indicated Resource of 2.33 million tonnes at 1.41% copper at Kazhiba Main, its near-surface oxide copper deposit.
Discovery-stage valuation in a world desperate for copper.
100% ownership of the Dumbwa Target with four key targets across 506 km² — significant geological potential across one of the most prolific copper-producing regions on Earth.
Adjacent to First Quantum's Kansanshi Mine (~6 km east, Africa's largest copper complex) and Barrick's Lumwana Mine to the west — proven geological proximity to world-class deposits in the heart of the Copperbelt.
Global copper demand projected to double by 2035. EVs, renewable energy, power grids, and AI data centers all require massive copper inputs.
Discovery-stage valuation means a tier-one copper find would command multi-billion dollar valuations — adjacent to First Quantum's producing mines validates the geological quality of the district.
January 20, 2026 — Indicated Resource of 2.33 million tonnes grading 1.41% copper at Kazhiba Main oxide deposit. NI 43-101 Technical Report filed March 9, 2026.
January–March 2026 — 166 holes drilled to date. Results include 0.89% Cu over 25m and 1.36% Cu over 6m within 0.46% Cu over 50m. Strike length growing with each step-out along a 20 km anomaly.
December 2025 — Buy rating with C$3.00 target price, citing major resource potential at Dumbwa and high-grade oxide copper at Kazhiba.
Midnight Sun retains full ownership of the flagship Dumbwa Target, advancing resource delineation drilling independently with six rigs operating.
Dumbwa resource estimate following completion of current drill program (H2 2026)
Continued strike extension along 20 km Dumbwa anomaly
Kazhiba oxide copper as near-term cash flow via toll-milling to Kansanshi
Rising copper prices driven by electrification and data center demand