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Midnight Sun Intercepts 1.0% Copper Over 22 Metres and 0.98% Copper Over 15 Metres at Dumbwa Dumbwa drilling has now established strike over nearly 1.5 kilometres

Drill Results

Midnight Sun Intercepts 1.0% Copper Over 22 Metres and

0.98% Copper Over 15 Metres at Dumbwa

Dumbwa drilling has now established strike over nearly 1.5 kilometres

Vancouver, British Columbia, November 18th, 2025 – Midnight Sun Mining Corp.

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

assay results from additional holes at the Dumbwa target. Diamond drill hole DBW-

25-009 intercepted 0.98% Cu over 15 metres and 0.79% Cu over 5.25 metres. Hole

DBW-25-010 intercepted 1.0% Cu over 22 metres. Additional significant intercepts

are provided in the table below.

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

DBW-25-006 142 153 11 0.25

and 159 163 4 0.18

and 167 171 4 0.20

DBW-25-009 119.75 125 5.25 0.79

and 155 170 15 0.98

and 178 186 8 0.36

DBW-25-010 45 54 9 0.31

and 101 110 9 0.32

and 117 139 22 1.00

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.

Midnight Sun’s COO, Kevin Bonel, states “We continue to deliver rapid progress at

Dumbwa, effectively expanding the strike length, and continuing to refine our

geological model. With nearly 1.5 kilometres of mineralis ed strike defined to-date,

and the full scale of Dumbwa coming sharply into focus, our confidence in the

system’s size , high -grade potential, and significance has never been higher.

Momentum is firmly on our side as we drive aggressively through the remainder of

2025, fully aligned with our goal of systematically delineating the strike potential of

Dumbwa.

To accelerate our exploration , we have expanded our geological team to maximize

core cutting and logging efficiency. With five drill rigs turning, a sixth expected in early

2026, and continuous drilling planned through the rainy season, we are advancing

this discovery with conviction.”

Geologically, Dumbwa continues to bear a strong similarity to Barrick Mining’s

Lumwana Mine. Mineralised host rocks vary from two -mica foliated gneiss to

mineralised biotite-amphibolite schists within a barren banded grey gneiss and pink

gneiss package.

The mineralised trend is strongly orientated north -south and appears to be very

steeply inclined. Drilling has already demonstrated nearly 1.5 k ilometres of

mineralised strike.

The centremost part of the north -south mineralised corridor tends to contain

significant bornite and chalcopyrite. On either side of this north-trending centre, the

mineralisation intensity slowly decreases and becomes more chalcopyrite-

dominated. In addition to bornite -chalcopyrite disseminated mineralisation in the

well-mineralised central zone, there are occasional rich bornite-chalcopyrite-quartz-

feldspar veins that have a significant positive impact on copper grade.

The continued strong coincidence of soil anomaly, induced polarization chargeability

and VTEM geophysics, against a well supported geological and structural model is

allowing precise drill targeting as the mineralised corridor is traced and drill tested

northwards.

Dumbwa Drill Program Update

To date, 51 holes have been completed with 5 holes ongoing and a further 75 holes

called for in the immediate plan to test the mineralised corridor over the next 3

kilometres of strike. This represents approximately 15,000 metres of planned drilling.

In consultation with the drill contractors, Midnight Sun has chosen to maintain

exploration operations through the rainy season, anticipating approximately 90%

productivity (metres per rig per shift) due to expected weather-related delays.

Otherwise, the program is expected to continue without interruption.

Samples from an additional 11 drill holes have been submitted for assay, with the

remaining samples currently being cut and prepared.

Quality Control/Quality Assurance

Drilling was conducted using a conventional diamond drilling rig and drill core was

captured for the entirety of each hole and placed into plastic core trays. All drill holes

were cored in PQ until stable ground was achieved and then reduced to HQ size for

the remainder of each hole. Sampling was based on visible copper mineralization

and sample intervals honoured any important lithological boundaries. Core was then

cut in house using a diamond saw and the right half of core was placed into a 200

micron plastic bag, assigned a unique sample number, and recorded into GeoSpark

logging system. Samples always remained under the supervision of Midnight Sun

staff to maintain chain of custody. All samples were then delivered to SGS Labs

located in Kalulushi, Zambia , a fully accredited laboratory. Once received, the

samples were sorted, dried, crushed, and pulverized (SGS code PRP90) followed

by four-acid digest with ICP-OES finish (SGS Code ICP42S). Copper range of detection

is 0.01-10%. Midnight Sun follows an in -house QA/QC program that consisted of a

random insertion every 10 th sample of either a coarse blank, fine blank, coarse

duplicate, fine duplicate, or Certified Reference Material (standards).

Location of Reported Drill Holes

Hole ID Type XCOORD YCOORD Azimuth Dip EOH (m)

DBW-25-001 Diamond 440375 8627810 90 -70 386.00

DBW-25-002 Diamond 440770 8628758 270 -50 218.50

DBW-25-004R Diamond 440924 8628758 270 -60 223.90

DBW-25-005 Diamond 440435 8627812 90 -60 294.20

DBW-25-006 Diamond 440670 8627812 270 -60 200.65

DBW-25-009 Diamond 440450 8627310 270 -60 260.00

DBW-25-010 Diamond 440300 8627310 90 -50 170.10

Note: Projection: WGS84, Zone 35 South

Qualified Person: Darin Labrenz, P.Geo., a consulting geologist for the Company and

Qualified Person under NI 43-101, has reviewed and approved the technical data and

contents of this release.

About Midnight Sun

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. 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.

ON BEHALF OF THE BOARD OF MIDNIGHT SUN MINING CORP.

Al Fabbro

President & CEO

For Further Information Contact:

Adrian O’Brien

VP Business Development and Communications

Tel: +1 604 809 6890

Em: [email protected]

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 contains “forward -looking statements” within the meaning of the

applicable Canadian securities legislation that are based on expectations, estimates,

assumptions, geological theories, and projections as at the date of this news release. The

information in this news release about any information herein that is not a historical fact

may be “forward looking statements.” Any statement that involves discussions with respect

to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future

events or performance (which may, but not always, include phrases such as “anticipates”,

“expects”, “plans”, “scheduled”, “believed” or “intends” or variations of such words and

phrases or stating that certain actions, events or results “may” or “could”, “would”, “might”

or “will” be taken to occur or be achieved) are not statements of historical fact an d may

be forward-looking statements and are intended to identify forward-looking statements.

Although the forward-looking statements contained in this news release are based upon

what management believes, or believed at the time, to be reasonable assumptions, the

Company cannot assure readers that actual results will be consistent with such forwar d-

looking statements, as there may be other factors that cause results not to be as

anticipated, estimated or intended. Such factors include, among others, risks relating to

the timing and ability of the Company to obtain and the timing of the approval of relevant

regulatory bodies, if at all; risks relating to property interests; risks related to access to the

project; risks inherent in mineral exploration, including the fact that any particular phase

of exploration may be unsuccessful; the availability of contractors; geo-political risks; the

global economic climate; metal prices; environmental risks; political risks; and community

and non-governmental actions. Further to this, geological similarities or characteristics

are not guarantees or certainties of successful exploration. Neither the Company nor any

other person assumes responsibility for the accuracy and completeness of any such

forward-looking statements. The Company does not undertake, and assumes no

obligation, to update or revise any such forwa rd-looking statements or forward -looking

information contained herein to reflect new events or circumstances, except as may be

required by law.