Last C$0.25 CAD
Change Today +0.08 / 47.06%
Volume 96.0K
MMA On Other Exchanges
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OTC US
As of 3:56 PM 09/22/14 All times are local (Market data is delayed by at least 15 minutes).

midnight sun mining corp (MMA) Snapshot

Open
C$0.18
Previous Close
C$0.17
Day High
C$0.25
Day Low
C$0.18
52 Week High
10/31/13 - C$0.25
52 Week Low
04/22/14 - C$0.10
Market Cap
6.5M
Average Volume 10 Days
30.0K
EPS TTM
C$-0.09
Shares Outstanding
26.0M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for MIDNIGHT SUN MINING CORP (MMA)

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midnight sun mining corp (MMA) Details

Midnight Sun Mining Corp., an exploration stage company, is engaged in the acquisition and exploration of mineral properties in South West Africa. The company has an option to acquire 60% interest in the Klein Aub copper-silver property located in Namibia. This property comprises 3,750 square kilometers of exclusive prospecting licenses. The company was formerly known as Midnight Sun Capital Corporation and changed its name to Midnight Sun Mining Corp. in February 2011. Midnight Sun Mining Corp. was incorporated in 2007 and is headquartered in Vancouver, Canada.

Founded in 2007

midnight sun mining corp (MMA) Top Compensated Officers

Chief Financial Officer
Total Annual Compensation: --
Compensation as of Fiscal Year 2012.

midnight sun mining corp (MMA) Key Developments

Midnight Sun Mining Corp. Announces the Results for the Recently Completed Core Drilling Program on the Solwezi Copper Property in Northwest Zambia

Midnight Sun Mining Corp. announced the results for the recently completed core drilling program on the Solwezi copper property in northwest Zambia. The drill program was undertaken in April and May 2014 and consisted of 739 metres HQ core drilled in 12 holes. Highlights of significant, near surface copper mineralization include the following: 5.71% copper over 14.2 metres, including 9.58% copper over 7.2 metres in drill hole SLZ-DD-14-010; 5.08% copper over 8.0 metres in drill hole SLZ-DD-14-005; and 6.27% copper over 4.5 metres in drill hole SLZ-DD-14-001. The recent drill program targeted an area of the Solwezi property located approximately 10km southwest of the Kansanshi mine, which is operated by First Quantum Minerals (FQM-T). This program was designed to expand the area of high grade copper mineralization and locate primary copper mineralization. Copper mineralization is mainly in the form of malachite, a mineral comprised of 57.48% copper and often associated with acid leaching operations. All drilling was carried out by Layne Drilling Zambia and assaying was performed by Genalysis Laboratory Services, an accredited lab located in Australia. Minor silver values were associated with the higher grade copper samples. Qualified Control/Quality Assurance: Samples obtained during core drilling were transported directly to Genalysis Laboratories in Chingola, Zambia by Midnight Sun personnel for sample preparation. Samples were sorted, dried, crushed, and pulped before being sent to Perth, Australia for final chemical analysis using ICP-MS methods. All samples returning >20,000 ppm Cu were automatically re-checked by Genalysis. Genalysis is a fully accredited Laboratory and sample duplicates, standards and blanks were inserted by Genalysis and verified by the qualified person. All assays received from the 2013 reverse circulation drill program in excess of 2% copper were tested for acid solubility and these generally exceeded 95% acid soluble copper.

Midnight Sun Mining Corp. Initiates Second Phase Drilling at Solwezi

Midnight Sun Mining Corp. announced 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.

Midnight Sun Mining Corp Auditor Raises 'Going Concern' Doubt

Midnight Sun Mining Corp filed its Annual on Apr 23, 2014 for the period ending Dec 31, 2013. In this report its auditor, Davidson & Company, gave an unqualified opinion expressing doubt that the company can continue as a going concern.

 

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