Midnight Sun Mining Announces Maiden Mineral Resource Estimate of 2.33 Million Tonnes Copper
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 20 2026
0mins
Source: Globenewswire
- Resource Estimate Completion: Midnight Sun Mining has completed its maiden Mineral Resource Estimate for the Kazhiba Main Copper Deposit in Zambia, revealing 2.33 million tonnes of indicated resources at a grade of 1.41% copper, establishing a solid foundation for future funding and project advancement.
- Significant Economic Potential: The deposit's copper grade is well above economic thresholds, with an average depth of only about 30 meters, and is expected to achieve up to 95% recovery through low-cost heap leaching, enhancing the project's economic viability.
- Strategic Location: The Kazhiba Main Copper Deposit is located just 6.8 kilometers from First Quantum's Kansanshi Mine, benefiting from proximity to existing infrastructure, which will help reduce transportation and operational costs, further strengthening the project's competitiveness.
- Future Development Plans: The company aims to convert Kazhiba Main into a non-dilutive funding source to advance its flagship Dumbwa Project, with immediate plans to engage key counterparties to drive the commercialization process.
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About MMA
Mixed Martial Arts Group Limited is an Australia-based company. The Company is a technology company in the martial arts industry. The Company has four business units which includes TrainAlta, Hype, MixedMartialArts.com, and BJJLink. Its TrainAlta is a platform that transforms the Company’s fans into active participants through structured training programs. Its Hype is a marketing platform helping gym owners, coaches, and athletes. Its MixedMartialArts.com is the Company’s news, fighter data, fight schedules, and the Underground forum. Its BJJLink is a gym management platform designed for BJJ academies, offering tools for payment processing, marketing, student engagement, and content monetization.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Midnight Sun Mining Announces Maiden Mineral Resource Estimate of 2.33 Million Tonnes Copper
- Resource Estimate Completion: Midnight Sun Mining has completed its maiden Mineral Resource Estimate for the Kazhiba Main Copper Deposit in Zambia, revealing 2.33 million tonnes of indicated resources at a grade of 1.41% copper, establishing a solid foundation for future funding and project advancement.
- Significant Economic Potential: The deposit's copper grade is well above economic thresholds, with an average depth of only about 30 meters, and is expected to achieve up to 95% recovery through low-cost heap leaching, enhancing the project's economic viability.
- Strategic Location: The Kazhiba Main Copper Deposit is located just 6.8 kilometers from First Quantum's Kansanshi Mine, benefiting from proximity to existing infrastructure, which will help reduce transportation and operational costs, further strengthening the project's competitiveness.
- Future Development Plans: The company aims to convert Kazhiba Main into a non-dilutive funding source to advance its flagship Dumbwa Project, with immediate plans to engage key counterparties to drive the commercialization process.
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