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Zephyr Minerals Ltd.

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Summary

Project:

Dawson

Deposit:Windy Gulch
Location:United States
Commodities:Gold
Date:8/9/2016
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing PEA
Report details:9-8-2016: Zephyr Minerals Ltd. announces an Exploration/Drilling Update report for its Windy Gulch deposit at the Dawson project. Drilling results incl. 21.8m @ 4.0g/t Au from 20.3m. August 9, 2016 HALIFAX, NOVA SCOTIA – Zephyr Minerals Ltd. (“Zephyr” or
Resources:(not mentioned in this report)
CP/QP:[Overall Report]: Mark Graves (Not stated)
ABSTRACT:August 9, 2016 HALIFAX, NOVA SCOTIA – Zephyr Minerals Ltd. (“Zephyr” or the “Company”) (TSX-V: ZFR) is pleased to report results for the initial seven diamond drill holes on the Windy Gulch section of the Dawson Gold Project (“Dawson”) in Colorado, USA. The Windy Gulch section is being targeted for a potential open pit in the mine plan at Dawson which is primarily a high grade underground project centered on the Dawson Main section. Drill holes WG-16-26 and WG-16-27 demonstrate not only continued high grade gold mineralization defined in the current resource estimate but a much thicker lower grade zone which may be amenable to open pit mining methods. The Company is currently drilling WG-16-32 and anticipates drilling a further four holes for a total of 16. The majority of the remaining holes are targeted for infill data and expansion of the current resource.

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