Mr. Dwayne Yaretz reports

MUZHU COMMENCES HELIBORNE TIME DOMAIN EM SURVEY AT SLEEPING GIANT SOUTH PROPERTY, QUEBEC

Muzhu Mining Ltd. has retained Prospectair Geosurveys of Gatineau, Que., to conduct a heliborne time-domain electromagnetic survey on its wholly owned Sleeping Giant South property, located in the region of Abitibi-Temiscamingue, Quebec, Canada.

The property abuts the mineral tenures of the Sleeping Giant mine of Abcourt Mines Inc. Abcourt recently announced that it has secured debt financing of $8-million (U.S.) (approximately $11-million (Canadian)) to complete the financing required for the restart of its Sleeping Giant mine and mill.

Prospectair has mobilized to the property and should complete its work by April 30.

Prospectair previously surveyed the property for Muzhu with a high-resolution heliborne magnetic survey (Dube, 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.

Muzhu is a Canadian publicly traded exploration company with a portfolio of highly prospective projects at various stages of development. Muzhu currently holds a 100-per-cent interest in the Sleeping Giant South project, located in the Abitibi greenstone belt, approximately 75 kilometres south of Matagami, Que. As well, Muzhu has executed two option agreements to acquire up to 80 per cent of the silver, zinc and lead XWG and LMM properties in the Henan province located in China.