Muzhu Mining Plans Fall Drilling Program at the Sleeping Giant South Property in Quebec
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UNITED STATES
MUZHU MINING PLANS FALL DRILLING PROGRAM AT THE
SLEEPING GIANT SOUTH PROPERTY IN QUEBEC
October 13th, 2022 - Vancouver, B.C.; Muzhu Mining Ltd. (CSE: MUZU) (“Muzhu”
or the “Company”) is pleased to announce that the Fall exploration program is
underway on the Sleeping Giant South Property located 65 km North of Amos, Quebec
and is contiguous to the South of the Sleeping Giant Gold mine site owned and
operated by Abcourt Mines Inc.
As part of the ongoing exploration program, Muzhu Mining has retained Fodienda
Exploration Services, out of Sudbury Ontario to manage the Fall program, which will
include additional prospecting, following up on recent positive Geophysics within the
property and a Drilling program planned to be carried out in November 2022.
The property lies ≈1.0 km to the southeast of the active Sleeping Giant Gold mine
with a historical production of 1.1 M oz @ 10.28 g/t and a indicated resource calculation
of 475,625 tonnes @ 11.20 g/t (Abcourt Mines NI 43-101, 2019). The sought-after
mineralization on the property is gold bearing and poly metallic potentially linked to
VMS style deposits. The aim of the Drilling program is to follow up on favorable IP-
RES anomalies that could highlight mineralized structures, lenses, or bodies which may
represent the VMS style deposits.
The most southern drill holes will be drilling near those 1958 holes that weren’t deep
enough and not drilling the same target. Bellechasse Mining Corp. Ltd. conducted in
1958, a drilling campaign of 3 drillholes with maximum depth of 107.5ft (32.8m); 97.7ft
(29.8m) and 125ft (38.1m) all of them cutting through an andesite unit with a network of
calcite-quartz stringers and minor disseminated pyrite and chalcopyrite (Kalnins, V.,
1958).
Muzhu’s Interim CEO, James Tong comments, “Persistence has made the Drilling of
the Sleeping Giant South property possible. The Fall program, including additional
prospecting and over 400 meters of Drilling, follows up on the modern Mag and I.P.
targets Muzhu has already completed in order to help better identify potential Gold
bearing zones within the geological structure of the area.”
ON BEHALF OF THE BOARD OF DIRECTORS
James Tong,
Interim CEO
Muzhu Mining Ltd.
Phone: 1-226-455-5644
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 65km South of Matagami, Quebec. As well, Muzhu has executed an
option agreement to acquire up to 80% of the Silver, Zinc, Lead XWG Property in
Luoyang City, in the Henan Province located in 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.