Exploration Plans for Sleeping Giant South Property, Quebec

Executive Summary

• Muzhu Mining announced its exploration program for the 6,149‑hectare Sleeping Giant South Property in Nord‑du‑Québec.
• The company will undertake a 3D Induced Polarization/Resistivity geophysical survey to target vein and stockwork mineralization associated with Cycle 1 volcanic‑sedimentary sequences.
• Results from prior high‑definition aeromagnetic (2021) and airborne time‑domain EM (2025) surveys, together with historical drill data, will be integrated to guide a forthcoming diamond drilling campaign.

Key Details

• Property Overview: 6,149 ha Sleeping Giant South Property abuts the 15 km wide corridor of Abcourt Mines’ operating Sleeping Giant Mine, which recently resumed underground mining and completed its first gold pour (Sept 12 2025).
• Geological Context: The target is a Géant Dormant‑type deposit—gold‑bearing veins and sulphide disseminations linked to felsic intrusions within the Cycle 1 volcano‑sedimentary sequence, with associated copper sulphides indicating VMS potential.
• Previous Work:
• High‑definition aeromagnetic survey (2021) completed over the entire property.
• Airborne time‑domain EM survey conducted in 2025.
• Sparse historical drill holes focused on fault and shear zones for orogenic gold exploration.
• Planned Survey: A comprehensive 3D Induced Polarization/Resistivity (IP/Res) survey will be contracted to detect stockwork veins and sulphide disseminations, especially around dacite intrusions that introduced pre‑orogenic gold.
• Data Integration: New IP/Res results will be combined with historic till sampling, prior drilling, the 2021 magnetic data, and the 2025 EM data by an experienced geoscience contractor to produce a unified geological model.
• Future Work: The integrated model will prioritize targets for a forthcoming diamond drilling program aimed at testing for Géant Dormant‑type mineralization.
• Qualified Person: Paul J. McGuigan, P.Geo., has reviewed and approved the technical information in accordance with NI 43‑101.

Notable Quotes

• “Our extensive geophysical work and historic data give us confidence that the prospective Cycle 1 felsic and mafic volcanics extend onto our property, providing a solid foundation for the next phase of exploration.” – Dwayne Yaretz, Director & CEO, Muzhu Mining Ltd.