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Zephyr Discovers Magnetic Anomaly at El Plomo Section of Dawson-Green Mountain Property
Zephyr Discovers Magnetic Anomaly at El Plomo Section of Dawson-Green Mountain Property ...
About this update from Zephyr Minerals Ltd.
[{"type":"text","content":"\n\n\n\nZephyr Discovers Magnetic Anomaly at El Plomo Section of Dawson-Green Mountain Property\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntal{\nTEXT-ALIGN: LEFT\n}\n\n\n\n\n\n\n\nCanada NewsWire\nHALIFAX, Sept. 10, 2019\n\n\n\nTrading Symbol: TSX-V: ZFR OTC:ZPHYFShares Outstanding: 51,702,477\n HALIFAX, Sept. 10, 2019 /CNW/ - Zephyr Minerals Ltd. (\"Zephyr\" or the \"Company\") (TSXV: ZFR) (OTC: ZPHYF) is pleased to announce it has received preliminary data from the recently completed airborne magnetic and electromagnetic survey (\"AirTEM\") performed by Balch Exploration Consulting Inc. (\"BECI\") over the Dawson-Green Mountain Property (the \"Property\") in Colorado, USA. A distinct 2.4 kilometers (1.5 mi) long magnetic anomaly located immediately south of, and paralleling the mineralized trend (trend dips approximately 60 degrees south) has been identified on the El Plomo section of the Property. This anomaly strengthens and widens from the west at approximately 100 nanoTeslas (\"nT\") to over 300 nT in the east (See map below). Broken Hill Type silver-lead-zinc (Ag-Pb-Zn) deposits can be very magnetic so this anomaly is considered to be a high priority exploration target for drill testing.\n\n \n \n\n \nThe east-west trending magnetic anomaly on the El Plomo section is shallow and narrow at its western extent and increases in amplitude and thickness toward the east. Historic drilling in the area intersected narrow widths of high-grade mineralization in four drill holes approximately 60 m below surface (GC-1&2 & GC-8&9) (See news release April 15, 2019). One of these drill holes, GC-9, intersected 2.5 m (8.2 ft) from 63.1 m (207 ft) grading 10.2% Zn. The zinc mineralization in this drill hole is highly magnetic. The mineralized trend on the El Plomo section appears continuous for a strike length of 3.2 km (2.0 mi) from the Ilse fault in the west to a postulated northeast trending fault in the east. \nThe magnetic data of the entire Dawson-Green Mountain property shows highly magnetic features (up to 1,500 nT above background) located on both sides of a ...