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Zephyr Minerals Ltd.
Summary
| Project: | Dawson | |
|---|---|---|
| Deposit: | Dawson | |
| Location: | United States | |
| Commodities: | Gold | |
| Date: | 11/8/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 8-11-2018: Zephyr Minerals Ltd. announces an Exploration/Drilling Update report for its Dawson deposit at the Dawson project. Drilling results incl. 6.6m @ 4.8g/t Au from 42.5m. HALIFAX, Nov. 8, 2018 /CNW/ - Zephyr Minerals Ltd. ("Zephyr" or the "Corporat | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: n/a (n/a) | |
| ABSTRACT: | HALIFAX, Nov. 8, 2018 /CNW/ - Zephyr Minerals Ltd. ("Zephyr" or the "Corporation") (TSXV: ZFR) (OTC: ZPHYF) is pleased to report assay results for diamond drill hole WG-18-40 drilled on the Windy Gulch Segment of the Dawson Gold Project ("Dawson") in Colorado, USA. Highlights include 4.8 g/t of gold intersected over 6.6 m (21.6 feet). This is the final drill hole in the current drill program and was drilled to extend the high grade gold mineralization on the east side of the Windy Gulch Segment. Follow up drilling is warranted to test further continuity of gold mineralization at depth of WG-18-40. WG-18-40 has been analyzed by fire assay only and additional screen metallic assays are pending for samples exceeding 2 g/t gold. If there are significant differences in the screen metallic assays, results will be reported in a subsequent press release. Typically, the more comprehensive screen metallic assays at Dawson can be 5 to 10% greater than standard fire assays. Loren Komperdo, President & CEO stated: "Overall, the 2018 drill program was successful despite disappointments in a few of the drill holes, such as WG-18-37 on the Windy Gulch Segment which indicated the presence of a granitic dike crossing through the gold mineralization in this area, and DA-18-12 and DA-18-13 on the Dawson Segment which closed off the gold mineralization on the east boundary of the current resource albeit only at a shallow depth. These results were offset by positive results in the western area of the Dawson Segment where drill holes DA-18-15 and DA-18- 16 intercepted 2.7 m of 8.7g/t gold and 3.4 m of 17.6 g/t respectively (See news releases September 10 and October 23, 2018)." | |
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