Vancouver, BC – April 17, 2025 – Muzhu Mining Ltd. (CSE:MUZU) (FSE:Y33) (OTCQB:MUZUF) (“Muzhu” or the “Company”) is pleased to announce that the Company has retained Prospectair Geosurveys of Gatineau, Québec, to conduct a heliborne time-domain electromagnetic (TDEM) survey on its wholly-owned Sleeping Giant South Property (the “Property”), located in the region of Abitibi-Témiscamingue, Québec, Canada.
Location Map, Sleeping Giant South Property, Québec
The Property abuts the mineral tenures of the Sleeping Giant Mine of Abcourt Mines Inc. (TSX-V: ABI). Abcourt recently announced that it has secured debt financing of US$8 million (approximately CDN$11 million) to complete the financing required for the restart of its Sleeping Giant mine and mill.
Prospectair has mobilized to the Property and should complete their work by April 30.
Prospectair previously surveyed the Property for Muzhu with a high-resolution heliborne magnetic survey (Dubé, 2021). This historical work, in combination with the new TDEM survey data will form a robust foundation for a focused gold-silver exploration program on the Property.
Concurrently, Muzhu will retain geological consulting services to assemble the historical drilling and sampling and submit recommendations for property exploration and drill targeting.
ON BEHALF OF THE BOARD OF DIRECTORS
Dwayne Yaretz, CEO
Muzhu Mining Ltd.
Phone: 778-709-3398
Email: [email protected]
Website: muzhumining.ca