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Zephyr Minerals announces initial drill results at Dawson
Zephyr Minerals announces initial drill results at Dawson Canada NewsWire HALIFA...
About this update from Zephyr Minerals Ltd.
[{"type":"text","content":"\n\n\n\nZephyr Minerals announces initial drill results at Dawson\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\n\n\n\n\n\n\nCanada NewsWire\nHALIFAX, July 17, 2018\n\n\n\nTrading Symbol:  TSX-V: ZFR   OTC:ZPHYFShares Outstanding: 46,332,620\n\n\n\nHALIFAX, July 17, 2018 /CNW/ - Zephyr Minerals Ltd. (\"Zephyr\" or the \"Company\") (TSXV: ZFR) (OTC: ZPHYF) wishes to report initial assay results for the diamond drill program on the Dawson Gold Project (\"Dawson Project\") in Colorado, USA. The Company has received assay results for the first four holes of the drill program. Highlights include drill hole DA-18-14 with three significant gold intercepts. A 0.9 meter intercept grading 5.3 g/t from 210.8 to 211.7 meters, a 1.8 meter intercept grading 5.2 g/t from 217.0 to 218.8 meters and a 0.9 meters intercept grading 9.2 g/t from 224.6 to 225.5 meters. \n\nThree of the holes DA-18-12, DA-18-13 and DA-18-14 were drilled on the periphery of the current resources in the Dawson Zone. Drill holes DA-18-12 and DA-18-13 were drilled in the extreme northeast area with the objective of expanding the resources further in this direction and closer to the surface. These holes were unsuccessful. Intercepting low grade gold values suggests the high grade gold mineralization is deeper in this area. DA-18-14 was drilled in the extreme northwest part of the Dawson Zone. The three higher grade gold intervals in this area suggests that the deposit is open to the west. Follow up drilling is warranted in this area.\n\nCK-18-08 was drilled in the Copper King Zone, approximately 200 meters west of the Dawson Zone and down dip from two previous shallow holes that intercepted copper with low grade gold mineralization. The anticipated higher grade gold mineralization was not present with assay results similar to the two historic shallow holes. The Copper King Zone and the Dawson Zone are separated by a major northeast trending fault structure with the relative movement between the two zones still to be determined. Further drilling is warranted in the relatively unexplored central portion of...