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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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. 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 [...]
Muzhu Mining Ltd. is pleased to announce that the Company has closed its Quebec non-brokered private placement for 2,500,000 flow-through units at $0.085 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 [...]
Muzhu Mining Ltd. is pleased to announce that Vice President of China Operations, Mr. Anthony Tam, BSc. Engineering Physics, BSc Mining Engineering and Mr. Aaron Meckler, CIM, FCSI, have both been appointed to the Board of Directors, effective November 15, 2022. Mr. Anthony Tam holds a Bachelor of Sciences degree in Engineering Physics as well as a [...]
Muzhu Mining Ltd. is pleased to provide a geology overview of the XWG property, which is located in China's "Silver Triangle" with good infrastructure, water, power and road access, along with the Jinqiao Mill just 9km away from the XWG property. The XWG property exhibited high grades of Silver, Lead, Zinc and Copper with some samples returning [...]
Muzhu Mining is pleased to announce that Muzhu has created a 100 percent owned subsidiary Company, named "Luoyang Sow International Mining Company Ltd." as part of its operations in China. At present, the sole Director and CEO of Luoyang Sow International Mining Company Ltd. is Muzhu's Vice President of China operations, Mr. Anthony Tam, BSc [...]
Muzhu Mining Ltd. is pleased to announce that Vice President of China Operations, Mr. Anthony Tam, BSc. Eng., has arrived on the Xiao Wa Gou property in the Henan Province of China, where Muzhu can earn up to an 80% interest. Covid restrictions in China have finally relaxed which enables Muzhu to enter China to explore our option to the marquee XWG [...]