Muzhu Mining Appoints Mr. James C Tworek to Its Advisory Committee and Grants Stock Options

MUZHU MINING APPOINTS MR. JAMES C TWOREK TO ITS ADVISORY COMMITTEE AND GRANTS

STOCK OPTIONS

May 4, 2022 - Vancouver, B.C.; Muzhu Mining Ltd. (CSE: MUZU) (“Muzhu” or the “Company”) is

pleased to announce it has appointed Mr. James C Tworek to its advisory committee. Mr. James C

Tworek is the CEO of Element79 Gold Corp (CSE:ELEM, OTC: ELMGF, FSE: 7YS), a Canadian precious

metals mining company with a growing portfolio of global assets. Mr. Tworek is also a Co-Founder,

President and Director of Gaia Grow Corporation (CSE:GAIA, FSE:GG0) and a Director of Florence One

Capital, a capital Pool Company that is in its final stages of completing its listing on the TSX Venture

Exchange. In addition to those active roles, he has sat as an Independent Director and Member of the

Special Committee of other publicly traded companies in Canada over the past five years. Fully bilingual

in English and Spanish, James has worked in Banking and Finance for the past 23 years, having started

in commercial banking in 1998, and later working as a partner in a mortgage brokerage with an in- house

small-cap mezzanine development fund for 7.5 years. This experience brought about a solid repertoire

with business development, business start-up acumen, venture capital investment, underwriting and

corporate finance. Mr. Tworek looks forward to bringing his experience, skillset, and network to advise

Muzhu’s board of directors with strategy and growth opportunities.

The company has granted incentive stock options to the committee member to acquire an aggregate of

250,000 common shares in the capital of the company at an exercise price of $0.14 cents (the “options”)

in accordance with the Company’s 10% rolling incentive stock option plan. The options are exercisable for

a five-year term expiring January 5th, 2027.

ON BEHALF OF THE BOARD OF DIRECTORS

Donald Baxter, P. ENG

CEO

Muzhu Mining Ltd.

Phone: 1-226-455-5644

Email: [email protected]

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 a 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 an option agreement to acquire up to 80% of the Silver,

Zinc, Lead XWG Property in the Henan Province of 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.