Midnight Sun Provides Update on Activities on Zambian Copper Properties
Vancouver, British Columbia, April 19, 2016 – Midnight Sun Mining Corp. (the “Company” or “Midnight Sun”) (TSX-V: MMA) announces that a major mining group has shown interest in exploring the Company’s optioned Solwezi copper-cobalt property, which is located in Zambia. This major mining group will be conducting due diligence studies and exploration over the next quarter.
No obligation is created between Midnight Sun and the major mining group as a result of this due diligence and exploration work. Midnight Sun will publicly disclose any material results of this exploration work or any material change in the relationship with the major mining group.
“The interest shown by this major mining entity further underlines our excitement and positive outlook on the high potential zones that have been confirmed in the Solwezi area” commented Bob Sibthorpe, President and CEO. “We expect the data derived from this due diligence work to be of considerable value to Midnight Sun and help to guide the next phase of work on the property.”
ON BEHALF OF MIDNIGHT SUN MINING CORP.
Robert Sibthorpe B.Sc.(Geology), M.B.A. President & CEO
For Further Information Contact:
Al Fabbro Director
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 commodity prices, 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.