Saturday, September 26, 2026
MiningNewsTerminal
Saturday, September 26, 2026 Admin

MMA.V ·

Midnight Sun Continues Rapid Strike Expansion at Dumbwa; Now 6.7 Kilometres of Near-Surface Copper Mineralization

Corporate Updates

Midnight Sun Continues Rapid Strike Expansion at

Dumbwa; Now 6.7 Kilometres of Near-Surface Copper

Mineralization

Highlights include: 21.64m @ 0.42% Cu, 13.67m @ 0.51% Cu, and 25m @

0.38% Cu

Vancouver, British Columbia, June 29 , 2026 – Midnight Sun Mining Corp. (TSXV:

MMA / OTCQX: MDNGF) (“Midnight Sun” or the “Company”) is pleased to report

additional results from 77 holes on its wholly owned Dumbwa copper deposit,

located in Solwezi, Zambia. Drilling has now surpassed 260 holes and 56,855 metres

("m"), confirming continuous near -surface sulphide copper mineralization over 6.7

kilometres ("km") of strike at Dumbwa. Five drill rigs continue to expand the deposit

northward along strike and laterally to the east and west of known mineralization.

Highlights of Drilling include:

• DBW-26-200 intercepted 0.42% Cu over 21.6m.

• DBW-26-165 intercepted 0.51% Cu over 13.7m.

• DBW-26-150 intercepted 0.38% Cu over 25.0m.

Midnight Sun’s President and CEO, Al Fabbro, states, "To date, we have demonstrated

that Dumbwa is , at a minimum , a 6,700 metre long and 600 m etre to 1,000 metre

wide, north-south, strain-controlled copper system. It is typically near, or at, surface,

and extends to greater than 200 metres depth. It features a high -grade, central

corridor ranging in width from 100 to 600 metres within a broader mineralized shell

which can exceed 1,000 metres in width.

Our initial, discovery drilling is broadly spaced with holes positioned 50 to 100 metres

apart on each of the east -west lines, with the lines spaced 100 to 200 m etres apart

north to south. As a result, on any individual line/section, it is expected that only 2 or

3 holes are positioned within the highest -grade corridor, while a higher percentage

of holes are positioned in the lower-grade shells. It is evident from our work to date;

the higher-grade core shows strong grades and continuity within individual segments

of the deposit.

As our drilling has progressed north of the disruption zone we just passed through,

we are again seeing good development of visually strong copper mineralization and

the northernmost holes we have reported today demonstrate the return of thick,

higher-grade mineralization within the central corridor of the deposit.”

The Company will host a technical webinar with Midnight Sun’s COO, Dr. Kevin Bonel,

to discuss the results announced in this news release on Tuesday, June 30th, 2026, at

10am PST. You can access the webinar via the link provided here: Webinar Link

Drilling Highlights Table:

Hole ID From (m) To (m) Interval (m) Cu (%)

DBW-26-200 0.36 22.00 21.64 0.42

DBW-26-180 0.00 21.00 21.00 0.21

DBW-26-177 3.50 29.00 25.50 0.18

DBW-26-176 3.00 27.30 24.30 0.27

and 35.00 53.70 18.70 0.27

DBW-26-165 19.33 33.00 13.67 0.51

DBW-26-159 144.00 172.00 28.00 0.25

DBW-26-150 97.00 122.00 25.00 0.38

and 151.8 174.00 22.20 0.25

and 195.00 209.00 14.00 0.38

DBW-26-142 197.07 215.00 17.93 0.23

and 218.75 231.00 12.25 0.26

• Assay results based on four-acid digest, ICP-OES finish. Intervals listed are based on drilling intervals

and therefore are considered relative rather than true widths.

• The full table of assays including locations is available on the Company’s website and can be accessed

through this link: Dumbwa Drill Hole Location and Assay Table.

Phase One Drilling Progress

Drilling has now intersected continuous near-surface sulphide copper mineralization

over 6.7km of strike at Dumbwa (see Figures 1, 2, 3 and 4 below). Assays have been

received for the first ~5.2km of the drilled trend, and five drill rigs are continuing

northward along strike and laterally to the east and west of known mineralization.

Recent drilling has focused on the continued expansion of the Dumbwa Deposit

northward, while also refining the lateral boundaries of mineralization, which has

resulted in an additional 1.4km of strike extension to the north. This drilling intersects

the same geology that characterizes Dumbwa, comprising flat - to gently east-dipping

biotite and muscovite- biotite schists hosting sulphide copper mineralization.

Importantly, the higher-grade core of the north-south-trending Dumbwa shear zone

has re-emerged beyond the northwest-southeast structural corridor, where weaker

schist development and associated grade attenuation had previously been

encountered. Mineralization remains open along the full extent of the copper-in-soil

anomaly, in select areas to the east and west, and at depth.

Approximately 12,500m of Phase One drilling remains to complete the planned

testing of the initial 11.5km strike extent, with the program expected to conclude in

Q3 2026.

The Strategy Behind Every Drill Hole

The objective has been to define the Dumbwa deposit quickly, methodically, and

completely. From the outset, the drill program has been designed to test the full

mineralized envelope, which includes the higher -grade core as well as the

surrounding lower-grade mineralization, in order to define the overall dimensions

and continuity of the system.

To achieve this, drill fences are spaced approximately every 100 to 200 m along the

20km strike of the target area, with drill holes positioned every 50 metres across each

east-west fence. Beginning at the southern property boundary, drilling has

progressively advanced northward, systematically building the deposit one fence at

a time.

This approach has now defined a mineralized system extending approximately

6.7km in strike length. The central higher -grade zone is typically between 200 and

600m wide with the total mineralized envelope commonly extending from 1.0 to

1.5km across (see Figures 3 and 4 below).

As a result, each drill fence typically contains only two to three holes within the

higher-grade core, while many holes test the surrounding lower- grade

mineralization. This is intentional. Demonstrating the full width and continuity of the

mineralized system requires drilling to its margins rather than focusing exclusively

on the higher-grade centre.

Concentration only on the higher -grade core would result in the deposit remaining

open to the east and west, leaving its true dimensions undefined. By systematically

drilling the entire mineralized corridor, we are establishing both the geometry of the

higher-grade core and the full extent of the broader mineralized system.

This context is critical when interpreting individual assay results. Viewed as a table of

drill intersections, many holes appear to return lower grades. Viewed in their

geological context, however, those same holes are defining the boundaries of a large,

continuous mineralized system while progressively delineating the significant higher-

grade core within it.

Figure 1: Dumbwa drilling to date, plotted on 11.5km Phase One copper-in-soil anomaly, target area.

Figure 2: Dumbwa drilling to date, magnified to show current 5.3km drilled strike extent, plotted on Phase One copper-in-

soil anomaly, target area.

Figure 3: Assay grade shells superimposed on the Dumba soil anomaly showing the correlation between high soil anomalies

and medium to high grade mineralised intercepts at Dumbwa. Drilling continues to follow the soil anomaly north.

Figure 4: 11.5 kilometre Phase One Target area - Assay grade shells superimposed on the Dumba soil anomaly showing the

correlation between high soil anomalies and medium to high grade mineralised intercepts at Dumbwa. Drilling continues

to follow the soil anomaly north.