Saturday, September 26, 2026
MiningNewsTerminal
Saturday, September 26, 2026 Admin

NATO.CN ·

Muzhu Mining Xwg Silver Property Regional Geology

Corporate Updates

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

UNITED STATES

MUZHU MINING XWG SILVER PROPERTY REGIONAL GEOLOGY

November 8th, 2022 - Vancouver, B.C.; Muzhu Mining Ltd. (CSE: MUZU) (“Muzhu”

or the “Company”) is pleased to provide a geology overview of the XWG property,

which is located in China’s “Silver Triangle” with good infrastructure, water, power and

road access, along with the Jinqiao Mill just 9km away from the XWG property.

The XWG property exhibited high grades of Silver, Lead, Zinc and Copper with some

samples returning values as high as; 1,500 g/t Ag, 3.88 % Pb, 6680 ppm Zn and 7%

Copper. More than seven (7) individual mineralized veins have been identified with

lengths of the known veins from 270 to 1,080 metres with widths varying from 1.0 to

5.0 metres.

The Xiao Wa Gou (XWG) property, which is encircled by several operating Silver, Zinc,

Lead producing mines in the Henan Province of China, to which Muzhu Mining has an

option agreement to earn up to 80 percent interest in, is situated in the 300 km-long

west-northwesterly trending Qinling orogenic belt, on a major structural belt formed by

the collision of two large continental tectonic plates in the Paleozoic time period

Rocks along the orogenic belt between the two major tectonic plates are severely folded

and faulted, offering optimal structural conditions for the emplacement of a myriad of

mineral deposits. Several operating silver-lead-zinc mines, including those in the Ying

Mining District, occur along this belt.

The Qinling orogenic belt is composed largely of Proterozoic- to Paleozoic-age rock

sequences consisting of mafic to felsic volcanic rocks with variable amounts of

interbedded clastic and carbonate sedimentary rocks. The rocks are weakly

metamorphosed to lower greenschist facies, with local areas of strongly

metamorphosed lower amphibolite facies.

The basement of the belt comprises highly metamorphosed Archean-age rocks of the

North China plate, dominantly felsic to mafic gneisses with minor amphibolite, intrusive

gabbro and diabase. The metamorphosed Qinling belt sequence and the underlying

Archean basement rocks are intruded by mafic to felsic dykes and stocks of Proterozoic

and Mesozoic ages.

The dominant structures in the Qinling orogenic belt are west-northwest trending folds

and faults generated during the collision of the two major tectonic plates in Paleozoic

time. The faults consist of numerous thrusts having a component of oblique movement

with sets of conjugate shear structures trending either northwest or northeast. These

conjugate shear zones, which display features of brittle fracturing such as fault gouge,

brecciation and well-defined slickensides, are associated with all the important

mineralization recognized along the 300 km-long orogenic belt.

Muzhu’s Interim CEO, James Tong comments, “Muzhu Mining is keen to get started

with exploration work, including a bulk sampling program on the XWG property in the

near future. With very favourable surface high grade veins and with infrastructure

located very close by within the same geological structure, Muzhu looks forward to

moving forward with the program.”

QUALIFIED PERSON (QP)

Tom Carpenter, P.Geo., is a Qualified Person as defined by National Instrument 43-101

("N.I. 43-101") guidelines and has reviewed and approved the content of this news

release.

ON BEHALF OF THE BOARD OF DIRECTORS

James Tong,

Interim CEO

Muzhu Mining Ltd.

Phone: 1-226-455-5644

Email: [email protected]

Website: www.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 an

option agreement to acquire up to 80% of the Silver, Zinc, Lead XWG Property in the

Luoning County, Henan Province, 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.