tiprankstipranks
Trending News
More News >

Muzhu Mining Resumes Bulk Sampling at Wulonggou Gold Mine

Story Highlights
Muzhu Mining Resumes Bulk Sampling at Wulonggou Gold Mine

Confident Investing Starts Here:

An update from Muzhu Mining Ltd. ( (TSE:MUZU) ) is now available.

Muzhu Mining Ltd. has resumed its bulk sampling program at the Wulonggou Gold Mine in Henan Province, China, through its subsidiary Louyang Sow International Mining Company Ltd. This restart follows a suspension in late 2024 and involves new excavating equipment and a returning workforce. The initial 5,000-ton bulk sample will be processed at a nearby flotation mill, indicating a strategic step in Muzhu’s operational plans. The resumption of activities at the Wulonggou site could enhance Muzhu’s position in the gold mining sector and potentially benefit stakeholders by leveraging the historical consistency of the mine’s output.

More about Muzhu Mining Ltd.

Muzhu Mining Ltd. is a Canadian publicly traded exploration company with a diverse portfolio of projects at various stages of development. The company holds a 100% interest in the Sleeping Giant South Project in Quebec and has options to acquire significant interests in Silver, Zinc, and Lead properties in Henan Province, China.

YTD Price Performance: 14.29%

Average Trading Volume: 44,304

Technical Sentiment Consensus Rating: Sell

Current Market Cap: C$3.48M

For a thorough assessment of MUZU stock, go to TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1