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Muzhu Appoints McGuigan to Advisory Board

Management Changes

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN

THE UNITED STATES

CHANGES TO ADVISORY BOARD

Vancouver, BC – June 1 4, 2024 – Muzhu Mining Ltd. (CSE:MUZU) (“Muzhu” or the

“Company”) is pleased to announce that the Company has appointed Mr. Paul McGuigan ,

P.Geo, to the Company’s Advisory Board. Mr. McGuigan is a Professional Geoscientist registered

with the Association of Engineers and Geoscientists of British Columbia, with 49 years of

international experience in mineral exploration, deposit evaluation, mine operations, and

corporate governance. As a geochemical researcher, he developed mineral separation

techniques commonly employed in exploration and heavy mineral sands mapping. First employed

by Pechiney Ugine Kuhlmann, and Esso Minerals Canada, he operated in Canada and the USA.

For the last 36 years, Mr. McGuigan has managed the Cambria group of consulting companies

worldwide. His geological expertise includes iron oxide -copper-gold (IOCG), volcanogenic

massive sulphide, porphyry Cu-Mo-Au, epithermal and orogenic gold, and diamond deposits. He

was a founder of Diamond Quest Laboratories. He has held directorship positions in several

publicly listed mining companies. He led extensive underground rehabilitation and exploration

programs at the Silbak Premier Au-Ag and Dolly Varden Ag mines. In civic service, he has served

as a member of the Consulting Practice and the Geoscience Committees of the Engineers and

Geoscientists of BC, as a director of the BC Neurological Centre, and, lately, as past-president /

director of the BC Centre for Ability Foundation.

The Company also wishes to thank Mr. Greg Hall for his contribution to the Advisory Board and

announce his departure.

ON BEHALF OF THE BOARD OF DIRECTORS

Dwayne Yaretz,

CEO

Muzhu Mining Ltd. Phone: 778-709-3398

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 75km

South of Matagami, Quebec. As well, Muzhu has executed two option agreements to acquire up

to 80% of the Silver, Zinc, Lead XWG and LMM Properties 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.