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Vancouver, BC – December 13, 2024 – Muzhu Mining Ltd. (CSE:MUZU) (FSE:Y33) (OTCQB:MUZUF) (“Muzhu” or the “Company”) is pleased to announce that the Company’s wholly owned Chinese subsidiary Luoyang Sow International Mining Company Ltd (“LSM”) 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 encompasses numerous gold-silver-producing mines and historical producers.
The historical F12 vein was exposed after excavating a new portal and drifting 70 m. The first 5,000-ton bulk sample will be sent to the Luoning County Jun De Hong Yu flotation mill for processing. The flotation mill is approximately 10 km from the Wulonngou Mine and has a 1000 tpd capacity.
The F12 is one of several veins in the Wulonngou Gold Mine mineralized structure. Three of these currently identified veins are still being worked, but production from the F12 vein ceased in 1999 when a provincial highway was constructed, and the mine entrance was deemed too close to the highway.
ON BEHALF OF THE BOARD OF DIRECTORS
Dwayne Yaretz,
CEO
Muzhu Mining Ltd. Phone: 778-709-3398
Email: [email protected]
Website: muzhumining.ca
Muzhu Mining Ltd. is a Canadian publicly traded exploration company with a portfolio of highly prospective projects at various stages of development. Muzhu currently holds 100% interest in the Sleeping Giant South Project, located in the Abitibi Greenstone Belt, approximately 75km South of Matagami, Quebec. Muzhu has also executed two option agreements to acquire up to 80% of the Silver, Zinc, Lead XWG and LMM Properties in Henan Province, China.
Neither the Canadian Securities Exchange (the “CSE”) nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.