Midnight Sun Mining has commenced an exploration programme at the Kazhiba Target within the Solwezi Property in Zambia.
This initiative is part of a Cooperative Exploration Plan with First Quantum Minerals aimed at identifying oxide copper resources near the surface.
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The programme includes 3,000m of reverse circulation drilling, partial ionic leach sampling and an induced polarisation (IP) survey.
The Kazhiba Target is an advanced exploration site with two soil-defined areas, Kazhiba North and Kazhiba South, from which 2,145 soil samples have been gathered.
Previous drilling campaigns have revealed significant near-surface copper oxide intercepts, suggesting the potential for an extension of the mineralised zone.
The 2024 exploration programme at Kazhiba target aims to delineate a target suitable for processing in the Kansanshi SX/EW oxide copper circuit.
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By GlobalDataMidnight Sun president and CEO Al Fabbro said: “This target features a high-grade oxide copper blanket, which provides us with a remarkable opportunity to provide feed to the Kansanshi Mine operations.
“With targets at Kazhiba and Mitu, we have identified and seized an opportunity to unlock near-term production, and with success, realise significant near-term, sustained cash flow.
“Our Cooperative Exploration Plan with First Quantum forms a key part of our twofold attack plan to realise the value of both sedimentary-hosted copper targets as well as oxide copper targets across our property.”
The IP survey will cover a previously untested anomaly, with seven lines spaced 200m apart, to identify any stratigraphic-bound copper sulphide mineralisation.
Last month, Bloomberg News reported that Zambia is looking to form a state-owned investment company that will have a minimum share of 30% in the production of critical minerals from future mining projects.
The government also seeks to pass a law requiring critical minerals investors to spend at least 35% of their procurement budgets on local suppliers.
