Muzhu Mining Ltd. announces that its subsidiary, Luoyang Sow International Mining Company Ltd, has received a ¥200,000 RMB advance payment for a 200-ton concentrate from the first 5,000-ton bulk sample at the Wulonggou Gold Mine in China. The Luonyang Kai Xing Commerce Co., Ltd. purchased the concentrate and issued a refundable deposit. The bulk sample will be processed at a flotation mill located near the mine.
is pleased to announce that the Company’s wholly owned Chinese subsidiary Luoyang Sow International Mining Company Ltd “LSM” has received a ¥200,000 RMB advance payment against the bulk sample from the Wulonggou Gold Mine .
The historical F12 vein was exposed after excavating a new portal and drifting 70m. The bulk sample will be sent to the Luoning County Jun De Hong Yu flotation mill for processing. The mill, shown on the map above, is approximately 10 km from the Wulonngou Mine and has a 1000 tpd capacity. All Shareholders are encouraged to forward their email address to the Company’s email address below to receive future Letters to Shareholders and Corporate Communications.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.
Gold Mining Wulonggou Gold Mine Muzhu Mining Bulk Sample Advance Payment
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