Muzhu Mining Ltd. is pleased to announce that the Company has arranged a non-brokered private placement of up to 3,750,000 units for $0.08 per unit, with 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. The proceeds of up $300,000 from the financing will be used for working capital. Fees payable in [...]
Muzhu Mining Ltd. is pleased to announce that the Company's wholly owned Chinese subsidiary Louyang Sow International Mining Company Ltd "LSM" recently completed 70 meter long adit to reach the historical F12 vein workings at the Wulonggou Gold Mine. The Wulonggou Gold Mine is located in Xishan Township, Luoning County, Henan Province, China. Luoning County and encompasses numerous gold-silver producing mines and [...]
Muzhu Mining Ltd. is pleased to announce that the Company's wholly owned Chinese subsidiary Louyang Sow International Mining Company Ltd "LSM" has successfully located the F12 vein where the recently completed adit reached the historical workings at the Wulonggou Gold Mine. Click Image To View Full Size. When LSM reached the old workings it located a stope on the F12 vein and has started sampling the past workings of the [...]
Muzhu Mining Ltd. is pleased to announce that the Company's wholly owned Chinese subsidiary Louyang Sow International Mining Company Ltd "LSM" has completed the adit and reached the historical workings at the Wulonggou Gold Mine. Click Image To View Full Size. Further to the Muzhu's news release of October 17, 2024, LSM has completed an adit to explore past workings by local miners in order to confirm the existence of a [...]
Muzhu Mining Ltd. is pleased to announce that the Company's wholly owned Chinese subsidiary Louyang Sow International Mining Company Ltd "LSM" has commenced work at the Wulonggou Gold Mine. Further to the Muzhu's news release of September 23, 2024, LSM has started to build an adit to explore past workings by local miners and confirm the existence of a mineralized structure known as the F12 vein. When the old workings are [...]
Vancouver, BC. - Muzhu Mining Ltd. is pleased to announce that its wholly owned Chinese subsidiary, Louyang Sow International Mining Co. Ltd., has entered into a three year agreement with Louning County Qian Shan Mining Co., Ltd to investigate its prospective gold project at the Wulonggou Gold Mine , located in Xishan Township, Luoning County, Henan Province, China. Luoning County encompasses numerous gold-silver [...]
Muzhu Mining Ltd. is pleased to announce that the Company's wholly owned Chinese subsidiary Louyang Sow International Mining Company Ltd "LSM" has paid a good faith refundable deposit of 1,000,000 RMB to allow time to investigate a prospective gold project known as the Wulonggou Gold Mine "WGM". The mineral structure in this mine has been well explored and studied and some of the mineral veins are already in production [...]
Muzhu Mining Ltd. is pleased to announce that the Company is currently completing a review of the historical work to compare the historical logging and assaying work performed on drill holes on its 100% owned Sleeping Giant South Property. The objective is to compare the historical data with current knowledge of the adjacent Abcourt Mines Ltd Sleeping Giant Gold Mine deposit and focus the review to find any unsampled zone [...]
Muzhu Mining Ltd. is pleased to announce that the Company has appointed Mr. Paul McGuigan, P.Geo, to the Company's Advisory Board. Mr. McGuigan is a Professional Geoscientist registered with the Association of Engineers and Geoscientists of British Columbia, with 49 years of international experience in mineral exploration, deposit evaluation, mine operations, and corporate governance. As a geochemical researcher, he [...]
Vancouver, B.C.; Muzhu Mining Ltd. announces that further it its news release dated May 23, 2024 the Company announces a correction to the amount of proceeds raised. The aggregate amount raised was $135,375. Each unit is comprised of one common share and one common share purchase warrant. Each warrant entitles the holder to acquire one additional common share of the Company at an exercise price of $0.07 for a period of [...]
Vancouver, B.C.; Muzhu Mining Ltd. is pleased to announce the closing of the non-brokered private placement offering for an aggregate of 2,707,500 units raising $135,375 in gross proceeds. Each unit is comprised of one common share and one common share purchase warrant. Each warrant entitles the holder to acquire one additional common share of the Company at an exercise price of $0.07 for a period of one year from the [...]
Vancouver, B.C.; Muzhu Mining Ltd. is pleased to announce the closing of the non-brokered private placement offering for an aggregate of 2,707,500 units raising $137,375 in gross proceeds. Each unit is comprised of one common share and one common share purchase warrant. Each warrant entitles the holder to acquire one additional common share of the Company at an exercise price of $0.07 for a period of one year from the [...]
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