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Zephyr Minerals Ltd.
Summary
| Project: | Dawson | |
|---|---|---|
| Deposit: | Dawson, Windy Gulch | |
| Location: | United States | |
| Commodities: | Gold | |
| Date: | 9/10/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 10-9-2018: Zephyr Minerals Ltd. announces an Exploration/Drilling Update report for its Dawson, Windy Gulch deposit at the Dawson project. Drilling results incl. 3.4m @ 15.7g/t Au from 198.4m. HALIFAX, Sept. 10, 2018 /CNW/ - Zephyr Minerals Ltd. ("Zephyr" | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Mark Graves (Not stated) | |
| ABSTRACT: | HALIFAX, Sept. 10, 2018 /CNW/ - Zephyr Minerals Ltd. ("Zephyr" or the "Company") (TSXV: ZFR) is pleased to report additional assay results for six core drill holes on the Dawson Gold Project ("Dawson") in Colorado, U.S.A.. Highlights include drill hole DA-18-16 which intersected five discrete gold mineralized zones over a 52.3 meter interval*. One of these intervals assayed 15.7 g/t gold over 3.4 meters including 26.2 g/t gold over 1.8 meters; and a second assayed 6.3 g/t gold over 5.5 meters including 22.6 g/t over 0.9 meters. The host rock to the gold mineralization is a shear zone hosted siliceous biotite aplite and sericitic, siliceous leucogranite with minor sulphides. Results from drill hole DA-18-16 support both resource expansion, and continue to build on historic bonanza grade gold drill intercepts at Dawson. Drill holes DA-18-15, DA-18-16, and DA-18-17 were targeted to expand gold resources on the western side of the Dawson Zone. Drill hole DA-18-15 experienced deviation resulting in intersecting the Dawson gold bearing shear zone 21 meters above (updip), the intended target and 11 meters southeast of a historic drill hole with low grade gold mineralization. The positive outcome of this drill hole with 8.8 g/t gold over 2.7 meters will add gold resources in an area that was previously thought to be barren. | |
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