Mr. Dwayne Yaretz reports

MUZHU MINING MOBILIZES FOR COLLECTION OF METALLURGICAL SAMPLES ON THE EVERETT PROPERTY, QUEBEC

After signing Muzhu Mining Ltd.'s definitive option agreement to acquire the Everett property from Romaine River Titanium Inc., Romaine has mobilized a sampling crew to Havre-Saint-Pierre and the property.

Romaine has a significant collaboration agreement since October, 2024, with Centre technologique des residus industriels (CTRI), Impact Global Solutions (IGS) and Corem, in support of metallurgical testing at the Everett titanium-vanadium project located in Quebec.

Highlights:

• Romaine's field crews mobilized upon signing of the definitive option agreement. Collection of metallurgical samples is under way. The company committed to assist Romaine and collect the sample as part of its due diligence process for the acquisition.
• Funding for the Romaine program is provided by the Elements08 Strategic Metals Excellence Centre, funded by the government of Quebec.
• The program comprises a $462,000 budget, which includes a non-dilutive funding award of up to $323,000.
• Romaine is in good standing with the Elements08 program, having fulfilled all obligations except for the collection of metallurgical samples for additional testing.
• This program aims to investigate the extraction of titanium and vanadium from the Everett hemo-ilmenite oxide body, near Havre-Saint-Pierre, Que. It is designed to test the quality of oxide mineralization for titanium and vanadium production.

Metallurgical sample collection and data verification

Romaine's crews have accessed the property through the all-season Romaine complex highway and access road to Rio Tinto's Lac Tio mine, which pass within 100 metres of the Everett titanium-vanadium oxide body. Sampling crews have accessed a historical bulk-sampling site, Site 5, and are collecting additional semi-massive ilmenite rocks to:

• Provide verification of the historical metallurgy;
• Provide additional representative sample for the Elements08 program, comprising about 1,200 kilograms for metallurgical testing;
• Also, while on site, additional sites were surveyed to support permitting of the twinning of historical drill holes.

Dwayne Yaretz, chief executive officer of the company, commented: "The financial benefit of the Romaine collaboration agreement with Elements08 is certainly valuable to the Everett project. However, the company considers the depth of metallurgical process research expertise provided by the Elements08 team to be invaluable. We will continue our efforts to foster deep connections in Quebec in furtherance of a creating the foundation of a robust critical minerals supply chain."

The collaborative program

Using samples from previous Romaine sampling and drilling programs, along with the newly collected metallurgical samples, the program employs advanced characterization techniques, including automated mineralogy analysis (MLA), to examine mineral morphology, granulometry, liberation and association. Chemical assays will be conducted to quantify the concentrations of titanium, vanadium, iron and other critical minerals.

The efficacy of various separation methods is currently being evaluated for producing high-quality ilmenite concentrates. Thereafter, concentrates will be tested for innovations in vanadium leachability.

Marc Beaudoin, surveyor, located Site 5, and crews are now splitting additional semi-massive ilmenite metallurgical samples from the pit.

After the signing of the definitive option agreement to acquire the Everett property from Romaine, Romaine mobilized a field crew to collect a representative 1,200-kilogram metallurgical sample from rock exposures of the Everett oxide body. This material will be used to test advanced grinding, magnetic and gravity separation techniques. This work will be led by Corem in Quebec City, the leading centre of ore-processing expertise in Canada.

About Elements08 team

The Elements08 team comprises a multidisciplinary, experienced group that draws on the expertise of Quebec researchers from:

• Centre technologique des residus industriels (CTRI), in Rouyn-Noranda, whose mission is to explore, identify and propose innovative solutions aimed at valorizing industrial waste and underutilized natural resources by accelerating the implementation of eco-responsible and profitable business practices;
• Corem, of Quebec City, which is a non-profit centre of expertise and innovation that offers mining corporations a range of specialized research services that help them develop and optimize key mineral processing;
• Impact Global Solutions (IGS) of Delson, which is a commercial analytical and metallurgical laboratory specializing in critical minerals processing solutions.

Elements08 supports mining companies and partners working in the field of critical and strategic minerals to identify their needs, define their expectations and objectives, analyze and interpret their data, optimize their processes, and develop innovative processes that are sustainable, safe and environmentally friendly.

Qualified person

Julien Davy, PGeo, is an independent qualified person as defined under National Instrument 43-101 and has reviewed and approved the technical information disclosed in this news release.

About Muzhu Mining Ltd.

Muzhu is a Canadian publicly traded exploration company focused on advancing the Everett titanium deposit in Quebec. Muzhu also 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 is currently assessing two option agreements to acquire up to 80 per cent of the XWG and LMM silver-zinc-lead properties and an exploration agreement at the WLG mine, all located in Henan province, China.

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