Muzhu Mining Ltd. is pleased to announce the completion of an induced polarization survey on its Sleeping Giant South property located less than 1 km southwest of the past-producing Sleeping Giant gold mine where Abcourt Mines Inc., recently announced re-opening of their mill to process tailings from the Sleeping Giant mine and ore from surrounding deposits controlled by Abcourt. The IP Survey identified two anomalies as [...]
Muzhu Mining is pleased to announce the appointment of Vivien Chuang CA, CPA as Chief Financial Officer. Ms.Chuang, is a qualified Chartered Professional Accountant having worked for Charlton and Company and PricewaterhouseCoopers LLP performing audit and review engagements for both publicly traded and private companies. Ms. Chuang has more than 15 years of experience in the mining industry with extensive expertise in [...]
Muzhu Mining announced today that its Chairman and Chief Executive Officer James Sung Fu Tong and its Director and Chief Financial Officer Richard Sung Yin Tong have resigned from the Company effective Sept 13, 2023, to pursue other opportunities. Mr. Richard Sung Yin Tong has served in these positions since the Company's incorporation in 2018. Mr. James Sung Fu Tong has served as a Director of the Company since its [...]
Muzhu Mining is pleased to announce that V.P. of China Operations Mr. Anthony Tam, BSc. Eng., has arrived on the Xiao Wa Gou and the LMM properties in the Henan Province of China, and plans to start a Summer Exploration Program. Muzhu has an option to earn up to an 80% interest in both properties, which is encircled by several operating Silver, Zinc, Lead producing mines. The XWG and LMM Silver, Zinc mineral claims [...]
Muzhu Mining is pleased to announce that the Company has closed on a private placement and flow-through financing with a total combined gross proceeds of $742,633.60. "Having completed the two recent financings and entering into a new exploration season, in both China and Canada, we are excited to develop these two projects both of which are in highly developed mining camps where infrastructure is already in place. As a [...]
Muzhu Mining is pleased to give an update on the strategic partnership announced on Jan 24, 2023 with Luoning County Muzhu Mountain Lead and Silver Mine Company Ltd., within the Luoning County, Henan Province of China who's LMM property is contiguous to the North of Muzhu Mining's option agreement with the XWG Silver property. As of January 9, 2023, the Chinese Government lifted majority of the covid-19 restrictions on [...]
Muzhu Mining Ltd. is pleased to announce that the Company has closed its non-brokered private placement for 2,250,000 flow-through units at $0.10 in the capital of the Company with each F/T Unit consisting of one common share to be issued as a "flow-through share" as such term is defined in subsection 66 of the Income Tax Act , and associated regulations made thereunder and one common share purchase warrant , with each [...]
Muzhu Mining Ltd. is pleased to announce that the Company has closed the first tranche of its private placement announced on March 21, 2023. The closing of the first tranche is for 3,048,750 units at a price of $0.08 per unit for gross proceeds of $243,900. Each unit will comprise of 1 common share and 1 common share purchase warrant. Each warrant entitles the holder to acquire 1 additional common share of the Company at [...]
Muzhu Mining Ltd. is pleased to announce that the Company intends to complete a best efforts non-brokered private placement financing of up to 6,250,000 units at $0.08 per unit for gross proceeds of up to $500,000. Each unit will comprise of 1 common share and 1 common share purchase warrant. Each warrant entitles the holder to acquire 1 additional common share of the Company at an exercise price of $0.12 for a period of [...]
Muzhu Mining Ltd. is pleased to announce it has granted incentive stock options to participants of the grant to acquire an aggregate of 1,175,000 common shares in the capital of the company at an exercise price of $0.10 cents in accordance with the Company's 10% rolling incentive stock option plan. The options are exercisable for a five-year term expiring February 16, 2028. James Tong Interim CEO Muzhu Mining Ltd. Phone [...]
Muzhu Mining Ltd. is pleased to announce a strategic alliance with Luoning County Muzhu Mountain Lead and Silver Mine Company Ltd., within the Luoning County, Henan Province of China who's property is contiguous to the North of Muzhu Mining's option agreement with the XWG Silver property. The Cooperation agreement is with Muzhu Mining Ltd.'s, wholly owned subsidiary, Luoyang Sow International Mining Company Ltd., which [...]
Muzhu Mining Ltd. a reporting issuer, today, announces that it is changing its financial year-end from December 31 to March 31. The change in financial year-end has been made to align with and improve financial and operational efficiencies. Further details regarding the change in financial year end, including the Company's the length and ending dates of the Company's financial reporting periods, its interim and annual [...]
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