Zephyr Announces Zimbabwe Exploration Update

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Algemeen advies 14/11/2023 15:14
Halifax, Nova Scotia--(Newsfile Corp. - November 14, 2023) - Zephyr Minerals Ltd. (TSXV: ZFR) ("Zephyr" or the "Company") is pleased to provide an update on exploration progress on its three gold properties, MC, MC-2 and Nyanga North in Zimbabwe. Geological mapping has been completed at MC and MC-2 properties and excavator trenching is underway on promising targets. The MC and MC-2 properties are approximately 2 kilometers apart and occur on the same east-west trending belt of greenstones (mafic rocks). Gold mineralization at both properties is hosted in quartz veins, stockworks and in some instances, in adjacent wall rocks. The MC-2 property, in addition to gold, also hosts high grade lead mineralization (galena), and silver at one of the sites examined. The lead-silver mineralization was not previously documented and as such is a new discovery which enhances the exploration potential at MC-2.

At MC gold grades of 3 to 6 g/t in grab samples are common where sheared greenstones with quartz veining are found to occur. Of particular interest is a shear zone mapped on the western side of the property where a grab sample from an in-situ quartz vein assayed 4.6 g/t gold and a wall rock grab sample from the greenstone waste pile assayed 5.8 g/t gold. Widths of the gold mineralized zones are unknown at this time due to extensive overburden.

There are two main targets currently defined on the MC-2 property. The first is the "Main Reef" shear where a near vertical, 1 to 1.5 meters wide quartz vein with galena and arseno-pyrite within altered wall rock which is also gold mineralized. Grab samples from the in-situ quartz-galena vein assayed up to 13.3 g/t gold, 176 g/t silver, 14.5% lead and 0.14% copper. The second target is a series of shallow westward dipping quartz veins approximately 100 meters west of the Main Reef. see & read more on
https://www.newsfilecorp.com/release/187322/Zephyr-Announces-Zimbabwe-Exploration-Update



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