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Muzhu Mining Provides Information on XWG Silver Property Adjacent to Silvercorp Metals
Vancouver, B.C., Feb. 01, 2022 (GLOBE NEWSWIRE) -- Muzhu Mining Ltd. (“Muzhu” or the “Company”) (CSE: MUZU) is pleased to provide additional material on the Xia
About this update from North Atlantic Titanium Corp
[{"type":"text","content":" Vancouver, B.C., Feb. 01, 2022 (GLOBE NEWSWIRE) -- Muzhu Mining Ltd. (“Muzhu” or the “Company”) (CSE: MUZU) is pleased to provide additional material on the Xiao Wa Gou property (XWG) (“the Property”) adjacent to Silvercorp Metals Inc. located in Henan Province, China where Muzhu can earn up to an 80% interest (MUZU press release dated November 22nd, 2021) The silver-lead-zinc XWG Property covers an area of 213 hectares and is situated in the Xiayu Township, in the southwestern part of Luoning County, Henan Province, in the People’s Republic of China. The Property offers near term potential for the production of silver, lead, zinc and copper due to the presence of numerous mineralized veins and its proximity to a number of operating mines owned by Silvercorp Metals Inc. (“Silvercorp”) The XWG Property is located in China’s “Silver Triangle” comprising the Tieluping Silver District to the east, the Ying Silver Mine to the west and the HPG Project to the north, and is surrounded by several other producing mines including the TLP silver-lead mine, and the LM silver-lead mine, all owned by Silvercorp. The TLP and LM mines are immediately adjacent to the northeast of the XWG Property. Samples were taken during a 2018 exploration program that exhibit highly anomalous grades of Silver, Lead, Zinc and Copper. Some samples returned values as high as; 1,500 g/t Ag, 3.88 % Pb, 6680 ppm Zn and 7% Copper. Figure 1. XWG Property Location map More than seven (7) individual mineralized veins have been identified by previous work carried out on the Property by Team 6 of the Henan Nonferrous Geological Prospecting Department. Lengths of the known veins vary from 270 to 1,080 metres with widths varying from 1.0 to 5.0 metres. The XWG property offers a unique exploration opportunity in the Ying Mining District. The Property is in the southeast portion of the Ying Mining District, immediately adjacent, to the southwest, of the TLP and LM mines. Approximately 224 mineralized veins have been identified to date at mines owned by Silvercorp in the District adjacent to the XWG Property. The mines are reported to have produced over 50 million oz of silver and more than 300 million kg of lead and zinc since 2006. Previously constructed tunnels on the XWG Property represent a signif...