Muzhu Mining Ltd.

Muzhu Mining Ltd. is pleased to announce that the Company has retained Cavendish Investment Corp. Group of Companies as its non-exclusive financial advisor to provide advisory and corporate finance activities. Cavendish has established itself as a significant player in Asia. Its strategic location in Hong Kong allows the firm to leverage the region's economic growth and serve as a key bridge between Eastern and Western [...]

Muzhu Mining Ltd. is pleased to announce that the Company has appointed William E. Thomson to the Board of Directors. Bill is the Managing Partner of Mercana Growth Partners. Bill brings a 60+ year record of achievement completing turnarounds, sourcing private-equity capital for emerging growth companies, and providing critical guidance and advice to help steer businesses through challenging situations towards growth [...]

Muzhu Mining is pleased to announce that the Company has retained Prospectair Geosurveys of Gatineau to conduct a heliborne time-domain electromagnetic survey on its wholly-owned Sleeping Giant South Property. Abcourt recently announced that it has secured debt financing of US$8 million to complete the financing required for the restart of its Sleeping Giant mine and mill. Prospectair has mobilized to the Property and [...]

Muzhu Mining is pleased to announce that the Company's wholly owned Chinese subsidiary Louyang Sow International Mining Company Ltd "LSM" has restarted the bulk sampling program of the WLG F12 Vein at the Wulonggou Gold Mine after work was suspended at the end of 2024. The labor force has returned after the Chinese New Year break and new excavating equipment is now on site. Click Image To View Full Size Bulk Sample [...]

Muzhu Mining is pleased to announce that it has closed the non-brokered private placement announced on November 18, 2024 for gross proceeds of $139,330.40 from the sale of 1,741,630 units of the Company at a price of $0.08 per unit. Each unit consisting of one common share one common share purchase warrant entitling its holder to purchase one common share at $0.12 for a period of one year after issuance. All of the [...]

Muzhu Mining is pleased to announce that the Company has arranged a non-brokered private placement of 2,223,000 flow-through units at $0.09 per FT Unit for gross proceeds of $200,070. Each FT Unit consists of one flow-through common share and one common share purchase warrant entitling its holder to purchase one common share at $0.12 for a period of 36 months from the date of issuance. The proceeds of $200,070 from the [...]

Muzhu Mining is pleased to announce that the Company's wholly owned Chinese subsidiary Luoyang Sow International Mining Company Ltd "LSM" has received a 200,000 RMB advance payment against the bulk sample from the Wulonggou Gold Mine. The Wulonggou Gold Mine is in Xishan Township. Luoning County encompasses numerous historical and producing gold-silver mines. Click Image To View Full Size The Luonyang Kai Xing Commerce [...]

Muzhu Mining is pleased to announce that the Company's wholly owned Chinese subsidiary Luoyang Sow International Mining Company Ltd has completed the underground development at the Wulonggou Gold Mine. The mining team can now access the historical mine workings and the vein exposures. Bulk sampling has commenced. The Wulonggou Gold Mine is in Xishan Township, Luoning County, Henan Province, China. Luoning County [...]

November 28, 2024, Muzhu Mining Ltd. is pleased to announce that it has received exploration recommendations from SL Exploration Inc. on Muzhu's Sleeping Giant South property in the Abitibi Greenstone Belt, located approximately 60 km north of Amos, Quebec. The Property comprises 109 active claims, covering 6,149 hectares or 61.49 km2. All the claims are 100% owned by Muzhu Mining Ltd. SL Exploration compiled and reviewed [...]

Muzhu Mining Ltd. is pleased to announce that its common shares are now eligible for electronic clearing and settlement in the United States through the Depository Trust Company . DTC eligibility streamlines the trading process, making it more efficient for investors and brokers. As a subsidiary of the Depository Trust & Clearing Corporation , DTC handles electronic clearing and settlement for publicly traded companies [...]