Muzhu Enters Into a Letter of Intent to Drill and Develop the Everett V-Ti-Fe-P Deposit, Quebec

Muzhu Mining Ltd. (CSE: MUZU) (“Muzhu”) is pleased to announce that it has entered into non-binding Letter of Intent with Romaine River Titanium Inc. (“Romaine”) of Georgetown, ON to acquire an initial 50% Option of the Romaine’s Everett titanium-iron property (the “Property”) located 40 km from the port city of Havre-Saint-Pierre, Quebec. The Everett Property comprises 49 mineral tenures covering 2,406 ha (5,946 acres) and is owned 100% by Romaine. See Figure 1.

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