Muzhu Mining Ltd. announced that Messrs. Donald Baxter and Rodney Stevens have resigned their positions as Chief Executive Officer effective as of July 11, 2022 also Mr. James Sung Fu Tong, currently a Director and the former CEO of the Company has accepted the role of Interim CEO. Mr. Tong has been instrumental in Muzhu's execution of the option agreement to acquire up to 80% of the advanced Silver, Zinc, Lead XWG Property in the city of Luoyang, Henan Province of China.