InvestorsHub Logo
Followers 55
Posts 6022
Boards Moderated 0
Alias Born 01/10/2004

Re: None

Wednesday, 09/04/2013 1:46:07 PM

Wednesday, September 04, 2013 1:46:07 PM

Post# of 12957
Zenyatta (ZEN.v/ZENYF) drilling results posted.

THUNDER BAY, ONTARIO--(Marketwired - Sept. 4, 2013) - Zenyatta Ventures Ltd. ("Zenyatta" or "Company") (TSX VENTURE:ZEN) is pleased to announce the following results from drilling on the East and West pipes of the 100% owned Albany (Hydrothermal) Graphite Deposit located in northern Ontario, Canada.
In reviewing the latest drill results, Aubrey Eveleigh, President and CEO stated, "We are very pleased to see initial drill holes on the West pipe confirming the existence of a second large graphite breccia body. The West pipe appears to be larger in diameter than the East pipe and closely reflects the circular conductivity anomaly defined by a ground EM ('electromagnetic') survey. Drilling to date on the West pipe has not yet identified the western limit of mineralization. Additional holes will be required before the overall dimension can be established."
To date, 13 holes have been drilled on the West pipe and 25 holes have been drilled on East pipe. The current drill campaign contemplates an additional 8-10 definition holes on both pipes and 3 large-diameter (HQ) holes on the East pipe to recover a 5 tonne bulk sample for metallurgical test work. As of the date of this news release, the first metallurgical hole (M01) drilled on the East pipe had intersected multiple zones of graphite breccia mineralization over 464 metres ("m"). Once these holes are complete, the 2013 drilling campaign will conclude and a NI 43-101 resource statement will be prepared by independent consultants RPA Inc. A plan map of the current drilling program is available at www.zenyatta.ca.

See Details:

http://finance.yahoo.com/news/zenyatta-drilling-west-pipe-yields-131500600.html

Focus Focus Focus Focus !!!!

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.