|By Marketwired .||
|April 23, 2014 11:06 PM EDT||
VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 04/23/14 -- Midnight Sun Mining Corp. (the "Company" or "Midnight Sun") (TSX VENTURE:MMA ) announces a second phase of drilling on the Solwezi copper property in northwest Zambia. The second phase drill program is contracted for 1,000 meters of core drilling and is targeting the feeder systems associated with the high grade discovery previously announced on February 12, 2014. All targets are within 10 km of the Kansanshi mine, the largest copper mine in Africa, which is operated by First Quantum Minerals (FQM-T).
Qualified Person: Rick Mazur, P.Geo, a Qualified Person under NI 43-101, has reviewed and approved the contents of this release.
About Midnight Sun: Midnight Sun is a mineral exploration company with an African focus. The Company has entered into a definitive agreement to option a 60% interest in the Solwezi Licences in Zambia. This option agreement is a part of an ongoing strategic alliance with Kam Chuen Resource Holdings Ltd. Kam Chuen holds an exclusive prospecting license portfolio of over 150 exploration permits covering over 100,000 km2 in five African countries.
ON BEHALF OF THE BOARD
Robert Sibthorpe, B.Sc.(Geology), M.B.A., President & CEO
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE.
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 the price of gold, 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.
Midnight Sun Mining Corp.