Zephyr Minerals drills 6.6m of 4.8 g/t Au at Dawson
ZEPHYR MINERALS Ltd. has provided assay results for diamond drill hole WG-18-40 drilled on the Windy Gulch segment of the Dawson gold project in Colorado, United States. Highlights include 4.8 grams per tonne of gold intersected over 6.6 metres (21.6 feet).
(See ZFR Table 1 on page 16)
This is the final drill hole in the current drill program and was drilled to extend the high-grade gold mineralization on the east side of the Windy Gulch segment. Follow-up drilling is warranted to test further continuity of gold mineralization at depth of WG-18-40
Loren Komperdo, president and chief executive officer, stated: “Over all, the 2018 drill program was successful despite disappointments in a few of the drill holes, such as WG-18-37 on the Windy Gulch segment which indicated the presence of a granitic dike crossing through the gold mineralization in this area, and DA-18-12 and DA-18-13 on the Dawson segment which closed off the gold mineralization on the east boundary of the current resource albeit only at a shallow depth. These results were offset by positive results in the western area of the Dawson segment where drill holes DA-18-15 and DA-18-16 intercepted 2.7 m of 8.7 g/t gold and 3.4 m of 17.6 g/t respectively (see news releases Sept. 10 and Oct. 23, 2018).”
The phase two drill program is in the planning stage for Q1 2019 and it is anticipated, subject to financing, to significantly expand the drilling effort with targets slated for drilling on (from east to west), the Sentinel, Dawson, Windy Gulch and Windy Point segments.
Excluding the Copper King segment, which is considered a low priority target at this time, the phase two drill program will be targeting drill holes over an overall strike length of approximately 1,800 m of favourable structure. Given the scope of the planned drill program, 2019 could be an important year for resource growth on the Dawson project.
The 2018 field season will wind up with the completion of a soil geochemistry program on the Sentinel segment in late November designed to assist in identifying additional drill targets in this area for the phase two program.
We seek Safe Harbor.
Erika Flores condensed this news release (firstname.lastname@example.org).
John Marshall Clark, David Hugh Felderhof, Gerhard William Felderhof, David James Grand, Loren Komperdo, Scott Rhodenizer
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