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Zephyr Expands Gold Mineralization on Dawson Property, Colorado

Zephyr Minerals Ltd. (ZFR.V) today announced results for the first 7 holes of a 13 hole diamond drill program on the Windy Gulch zone of the Dawson gold project in Colorado, USA.

Drill holes of particular note include WG-13-08 and WG-13-14 which intercepted 7.2 meters grading 7.9 grams per tonne (g/t) gold and 7.3 metres grading 9.7 g/t gold respectively.

Channel sampling of a newly established roadcut located approximately 50 metres east of the historic easterly roadcut and directly above drill holes WG-13-08 to WG-13-10, assayed 7.6 g/t gold over a width of 11.9 metres. This zone remains open to the east and at depth.

Shares are up 3 cents (17.65%) to 20 cents at midday.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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