Midnight Sun Mining Corp

Midnight Sun is focused on exploring our flagship Solwezi Project, located in Zambia. Situated in the heart of the Zambia-Congo Copperbelt, the second largest copper producing region in the world, our property is vast and highly prospective. Our Solwezi Project is surrounded by producing copper mines, including Africa’s largest copper mining complex right next door, First Quantum’s Kansanshi Mine. Our focus is our two flagship targets; 1) Dumbwa, a basement-dome hosted copper system similar to Barrick's Lumwana Mine located right next door, which features a 20 kilometre copper-in-soil anomaly reaching up to 0.73% Cu at surface and with significant intercepts in early drilling including 22 m of 1.0% Cu, and 15m of 0.98% Cu and 2) Kazhiba - a very high-grade, near surface, low-strip oxide copper deposit, providing an opportunity for near-term cashflow coupled with large-scale exploration upside at Dumbwa. Led by an experienced geological team with multiple discoveries and mines around the world to their credit, Midnight Sun’s goal is to find and develop Zambia’s next generational copper deposit.

Management Profile

Adrian O’Brien, Vice President, Business Development & Communications

Mr. O’Brien is a Senior Executive and Senior Marketing Executive, with over 25 years of experience in the mining and exploration sector. He has served in roles from Investor Relations to CEO and has been involved projects spanning the continuum from grass roots discovery to development, mine build and operations. From 2018 to 2023, he served as Director of Marketing and Communications for PureGold Mining. He is a former Director & President of Kermode Resources, former Vice President of Apella Resources, former Director and President/CEO of Pro Minerals, and a former Director of the Prospectors and Developers Association of Canada.

What are your key goals for the next 3, 6 and 12 months?

3 Months:

• Ongoing drilling on our flagship Dumbwa Project for next 12 months.
• Drill results throughout year ahead.
• 5 drill rigs spinning, with a 6th to start in early 2026.
• Goal to establish first 11.5 km of strike length, or first half of Dumbwa by Q4 2026.
• 43-101 MRE forthcoming at Kazhiba

6 Months:

KoBold Metals kick off drilling at Dumbwa, a tier-one target for a stratabound copper deposit. With results from both drill programs flowing, we aim to begin planning both following phases for oxide copper and KoBold's continued exploration work as part of their $15.5M earn-in agreement

12 Months:

Oxide Copper Targets - If we are successful in our efforts, by 12 months, we aim to be moving oxide copper material to Kansanshi for processing, and defining additional sources of oxide copper material. At Dumbwa, we should be starting to get an idea of the size and scale of mineralization, and continuing to explore.

What do you think makes your company such a compelling investment?

Midnight Sun has a vast 506km land package in the heart of the Domes Region of Zambia - the second largest copper producing region in the world, and the top place in the world for copper exploration. We are surrounded by world-class producing copper mines and operators, including Africa's largest copper producer right next door - First Quantum's Kansanshi Mine. Others surrounding us include Ivanhoe's Kamoa Kukula, Barrick's Lumwana Mine, First Quantum's Sentinel Mine and China Molybdenum's Tengke. We have discoveries across our property. We have deals in place with Bill Gates-backed KoBold Metals to explore our Tier-One exploration target; Dumbwa, and a Cooperative Exploration Plan in place with First Quantum to define potential feed sources of oxide copper for their Kansanshi Mine, which could result in significant near term positive cashflow for Midnight Sun. We are all fully funded for the work programs ahead, having just completed a $10MM raise.