Annuncio • Mar 31
Zephyr Minerals Ltd., Annual General Meeting, May 20, 2026 Zephyr Minerals Ltd., Annual General Meeting, May 20, 2026. Location: nova scotia, halifax Canada Recent Insider Transactions Derivative • Feb 27
Executive Chairman exercised options to buy CA$54k worth of stock. On the 26th of February, G. Felderhof exercised options to buy 725k shares at a strike price of around CA$0.08, costing a total of CA$58k. This transaction amounted to 26% of their direct individual holding at the time of the trade. Since June 2025, Felderhof's direct individual holding has increased from 807.33k shares to 3.47m. Company insiders have collectively sold CA$78k more than they bought, via options and on-market transactions in the last 12 months. Recent Insider Transactions • Feb 27
Executive Chairman recently sold CA$58k worth of stock On the 25th of February, G. Felderhof sold around 725k shares on-market at roughly CA$0.08 per share. This transaction amounted to 17% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. G. has been a net seller over the last 12 months, reducing personal holdings by CA$108k. New Risk • Feb 08
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 16% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 0.2% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$5.99m market cap, or US$4.38m). Minor Risk Shareholders have been diluted in the past year (16% increase in shares outstanding). Annuncio • Feb 06
Zephyr Minerals Ltd. announced that it has received CAD 0.26 million in funding On February 5, 2026, Zephyr Minerals Ltd. closed the transaction. The company announced that it has issued 5,200,000 units at an issue price of CAD 0.05 per unit for gross proceeds of CAD 260,000. Each Unit consists of one common share and one common share purchase warrant of the Company. Each Warrant entitles the holder to acquire one additional Share at a price of CAD 0.10 for a period of twenty-four months from the date of issuance. In connection with the Private Placement, Zephyr paid finders’ fees of CAD 9,450 in cash and issued 189,000 finders’ warrants to arm’s-length parties to the Company. Each finders’ warrant entitles the holder to acquire one Share on the same terms as noted above. All securities issued in connection with the Private Placement are subject to a statutory hold period of four months and one day. The Private Placement remains subject to customary closing conditions, including approval from the TSX Venture Exchange. Insiders of the Company acquired an aggregate of 900,000 Units in the Private Placement for proceeds of CAD 45,000. Annuncio • Jan 21
Zephyr Minerals Ltd. announced that it expects to receive CAD 0.2 million in funding Zephyr Minerals Ltd. announces a non brokered private placement to issue 4,000,000 units at a price of CAD 0.05 per unit for gross proceeds of CAD 200,000 on January 21, 2026. Each Unit will consist of one common share and one common share purchase warrant of the Company. Each Warrant will entitle the holder to acquire one additional Share at a price of CAD 0.10 per Share for a period of 2 years from the date of issuance. It is anticipated that certain insiders of the Company will participate in the Private Placement. Finder’s fees, consisting of cash and Warrants issued on the same terms as noted above, may be paid to qualified parties. All securities issued in connection with the Private Placement will be subject to a statutory hold period of four months and one day. The Private Placement remains subject to customary closing conditions, including approval of the TSX Venture Exchange. Board Change • Nov 28
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 2 experienced directors. 5 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Brian Arkell was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Annuncio • Jul 26
Zephyr Minerals Ltd. announced that it has received CAD 0.26 million in funding On July 25, 2025, Zephyr Minerals Ltd. closed the transaction. The company announced that it has closed a non-brokered private placement through the issuance of 6,500,000 units at an issue price of CAD 0.0.04 per unit for gross proceeds of CAD 260,000. Each Unit consists of one common share and one common share purchase warrant of the Company. Each Warrant entitles the holder thereof to acquire one additional Share at a price of CAD 0.08 for a period of thirty-six months from the date of issuance. In connection with the Private Placement, The company paid finders’ fees of CAD 1,750 in cash and issued 43,750 Finders’ Warrants to an arm’s length party to the Company. Each Finders’ Warrant entitles the holder to acquire one Share on the same terms as noted above. All securities issued in connection with the Private Placement are subject to a statutory hold period of four months and one day. The Private Placement remains subject to customary closing conditions, including approval from the TSX Venture Exchange. Insiders of the Company acquired an aggregate of 3,850,000 Units in the Private Placement for proceeds of CAD 154,000. Annuncio • Jun 12
Zephyr Minerals Ltd. announced that it expects to receive CAD 0.32 million in funding Zephyr Minerals Ltd. announced a non-brokered private placement financing, up to 8,000,000 units at a price of CAD 0.04 per unit for gross proceeds of CAD 320,000 on June 11, 2025. Each unit consists of one common share and one transferable common share purchase warrant of the company. Each warrant will entitle the holder thereof to acquire one additional share at a price of CAD 0.08 for a period of three (3) years from issuance. It is anticipated that certain insiders of the company will participate in the private placement. Finder’s fees of cash and warrants issued on the same terms as noted above may be paid to qualified parties. All securities will be subject to a statutory hold period of four months and one day. The private placement remains subject to customary closing conditions, including approval from the TSX Venture Exchange. Annuncio • Apr 01
Zephyr Minerals Ltd., Annual General Meeting, May 28, 2025 Zephyr Minerals Ltd., Annual General Meeting, May 28, 2025. Location: nova scotia, halifax Canada Annuncio • Dec 19
Zephyr Minerals Ltd. Appoints Brian Arkell to Board of Directors, Effective December 18, 2024 Zephyr Minerals Ltd. announced that Denver based Brian Arkell has been appointed to the Company's Board of Directors effective December 18, 2024, pending regulatory approval. Mr. Arkell, of Denver, Colorado, holds a B.S. in Geology and Engineering from the University of Maryland and an M.S. from the New Mexico Institute of Mining and Technology. With 35 years of experience, Mr. Arkell has contributed to several significant gold discoveries and mine development projects including the Yanacocha gold mine in Peru, the Batu Hijau copper-gold mine in Indonesia, the Merian gold mine in Suriname, and the Magino gold mine in Canada. From 2018 to 2023, Mr. Arkell held the role of Vice President of Exploration and Mine Technical Services at Argonaut Gold, a mid-tier gold producer. He was responsible for overseeing exploration, mine planning, mine geology, corporate reserves, and land management across five gold mines and multiple projects, ranging from scoping to feasibility. Prior to that, he served as CEO of Caza Gold Corp., Senior Vice President of Exploration and Corporate Development at Rio Novo Gold Inc., and spent 22 years at Newmont Mining Corp. in various leadership positions, including Director of Geology and Exploration for South America. Mr. Arkell is Vice President of Exploration and Technical Services of Cabral Gold Inc. Mr. Arkell is a Registered Member of the Society for Mining, Metallurgy &Exploration, a Fellow of the Australasian Institute of Mining and Metallurgy (AusIMM), and a Fellow of the Society of Economic Geologists. He is also a Qualified Person under Canadian National Instrument 43-101 standards and a Competent Person under the Australian JORC Code. New Risk • Aug 28
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$378k This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$378k free cash flow). Share price has been highly volatile over the past 3 months (22% average weekly change). Earnings have declined by 28% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$3.16m market cap, or US$2.35m). Minor Risk Shareholders have been diluted in the past year (5.7% increase in shares outstanding). New Risk • Jun 07
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Canadian stocks, typically moving 17% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (17% average weekly change). Earnings have declined by 27% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$3.95m market cap, or US$2.88m). Minor Risk Shareholders have been diluted in the past year (11% increase in shares outstanding). Annuncio • May 29
Zephyr Minerals Ltd. announced that it expects to receive CAD 0.2 million in funding Zephyr Minerals Ltd. announced a non-brokered private placement of up to 4,000,000 units at a price of CAD 0.05 per unit for gross proceeds of CAD 200,000 on May 28, 2024. Each Unit consists of one common share and one whole common share purchase warrant. Each Warrant will be exercisable to purchase one common share of the company for CAD 0.08 for a period of thirty-six months from the closing date. In connection with the Offering, a finder’s fee may be paid consisting of a cash commission equal to 7% of the gross proceeds raised under the offering and that number of non transferable finder’s fee warrants as is equal to 7% of the number of shares. Each finder’s fee warrant will be exercisable into one common share of the company at CAD 0.08 per share, for a period of thirty-six months from the closing date. All finder’s fees will be subject to and in accordance with the TSX Venture Exchange and regulatory policies. The Offering is expected to close on or about May 31, 2024. The Offering is subject to certain conditions including, but not limited to, the receipt of all necessary approvals including the approval and acceptance by the TSX Venture Exchange. All securities to be issued pursuant to the Offering will be subject to a four month hold period. Annuncio • Mar 30
Zephyr Minerals Ltd., Annual General Meeting, May 29, 2024 Zephyr Minerals Ltd., Annual General Meeting, May 29, 2024. Annuncio • Dec 29
Zephyr Minerals Ltd. Announces Trenching Results on MC and MC-2 Gold Properties in Zimbabwe Zephyr Minerals Ltd. announced trenching results on MC and MC-2 gold properties in Zimbabwe. An excavator trenching program was completed on both properties in late November. The object of the trenching was to provide insight into the continuity of the mineralized zones prior to commencing a proposed diamond drilling program, as well as to explore potential new parallel zones, which if discovered would assist in determining total depths for the proposed drill holes. Unfortunately results demonstrated the gold mineralization at MC to be discontinuous, generally occurring as short high grade gold lenses and generally less than one meter in thickness. Previous exploration work had demonstrated that wallrock had gold grades as good as and in some cases, better than the gold mineralized quartz hosted in shear zones. Additional exploration and sampling has demonstrated the wallrock gold mineralization is not consistent. It was anticipated that wallrock mineralization would expand the thickness of the indicated gold zones, however this has proven not to be the case. The search for additional parallel gold zones in highly sheared greenstones encountered only minor gold in quartz and sulphide mineralization, with no new zones of potential economic interest being discovered. Based on these results it has been determined that the potential for a large high grade gold deposit similar to those in the Red Lake camp in Ontario, Canada, is remote on the MC property, and as such no diamond drilling will be conducted. Zephyr will likely relinquish the option on the MC property at the end of the option term unless the current small scale miner uncovers new gold zones of potential interest to Zephyr's attention during his currently active mining and prospecting activities. On the MC-2 property, the gold mineralized quartz veining in the shear zones have better continuity and stronger gold mineralization than at the MC property. The Main Reef is presently limited to a maximum length of 70 meters as defined by trenching. Widths at the Main Zone are 1 to 1.5 meters with gold grades up to 13.3 g/t and silver grades up to 176 g/t. The recent trenching program has discovered a new gold bearing quartz vein grading 5.7 g/t gold over 0.10 meters. This new discovery is located 200 meters south east the Main Reef. This maybe a faulted extension of the Main Reef but additional surface exploration will need to be done to confirm this. The Company has determined that additional exploration work needs to be done before embarking on a diamond drill program. This work will include additional trenching of the new discovery as well as additional exploration along trend of the Main Reef to see if there is a continuation based on a pinch and swell model. Additional exploration work is proposed to start after the rainy season's end in April or May, 2024. Reviewing the Magnetic and Induced Polarization (IP) survey at its Nyanga North property suggests that the main shear zone hosts minimal sulphides. The Company was exploring for a strong conductor since the gossan hosting eluvial mining 400 meters west of the Company property boundary suggests that the gold in that area is associated with sulphides. Soil sample results across the Main Shear has returned analyses up to 0.64 g/t gold in the coarse fraction (up to 1,000 microns) of the soils and up to 140 ppb gold in the fraction finer than 125 microns. After review of the data it was decided that the shear zone is a low priority target and as such the Company has decided to let the two Special Block claims expiry as they come due for renewal. Zephyr still has an Exclusive Prospecting Order (EPO) application over this area and as such this area is not open for staking by others. If Zephyr is successful in receiving an EPO over this area the Nyanga North property would be included in the EPO. New Risk • Oct 11
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Canadian stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 9.0% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$5.63m market cap, or US$4.15m). Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Shareholders have been diluted in the past year (12% increase in shares outstanding). Annuncio • Sep 12
Zephyr Minerals Ltd. announced that it has received CAD 0.36 million in funding On September 11, 2023 Zephyr Minerals Ltd closed the transaction through the issuance of 296,000 at a price of $0.09 per Unit for gross proceeds of CAD 26,640 in its final tranche bringing the total funds raised in the transaction to CAD 360,000.The securities issued under the Private Placement are subject to a statutory hold period of four (4) months and a day expiring on January 12, 2024. New Risk • Aug 24
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Canadian stocks, typically moving 12% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$660k free cash flow). Earnings have declined by 9.1% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$7.11m market cap, or US$5.23m). Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Shareholders have been diluted in the past year (11% increase in shares outstanding). Annuncio • Dec 06
Zephyr Minerals Ltd. announced that it has received CAD 0.32 million in funding On December 5, 2022 Zephyr Minerals Ltd. closed the transaction. Annuncio • Nov 29
Zephyr Minerals Ltd. announced that it expects to receive CAD 0.32 million in funding Zephyr Minerals Ltd. announced a non-brokered private placement of 4,000,000 units at a price of CAD 0.08 per unit for gross proceeds of up to CAD 320,000 on November 28, 2022. Each unit consists of one common share and one whole common share purchase warrant of the company. Each warrant will be exercisable to purchase one common share of the company for CAD 0.12 for a period of twelve months from the closing date. The expiry date of the warrants may be accelerated by Zephyr at any time if the volume-weighted average trading price of the common shares is greater than or equal to CAD 0.24 for any 20 consecutive trading days. In connection with the transaction, a finder's fee may be paid consisting of a cash commission equal to 7% of the gross proceeds raised under the transaction and that number of non transferable finder's fee warrants as is equal to 7% of the number of shares. Each finder's fee warrant will be exercisable into one common share of the Company at CAD 0.12 per share, for a period of twelve months from the closing date. The expiry date of the finder's warrants are also subject to the same acceleration clause as the unit warrants. The transaction is subject to certain conditions including, but not limited to, the receipt of all necessary approvals including the approval and acceptance by the TSX Venture Exchange. All securities to be issued pursuant to the transaction will be subject to a four month hold period. Board Change • Nov 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 4 highly experienced directors. 2 independent directors (4 non-independent directors). Independent Director Ted Grant was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Annuncio • May 31
Zephyr Minerals Announces Board Appointments Zephyr Minerals Ltd. announced that its shareholders voted in favour of all items of business brought before them at the Company's Annual and Special Meeting of Shareholders ('AGM') held on May 26, 2022 in Halifax, Nova Scotia. The number of directors was set by the Company's board of directors ('Board') at six, with Will Felderhof, Loren Komperdo, David Felderhof, John Clark, Scott Rhodenizer and Ted Grant elected to the Company's Board for the ensuing year. Following the AGM, the Board confirmed the appointment of Zephyr's executive officers, namely: Executive Chairman - Will Felderhof; President and Chief Executive Officer - Loren Komperdo; Executive Vice President and Chief Financial Officer - David Felderhof and Corporate Secretary - Suzan Frazer. Board Change • Apr 28
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Director Ted Grant was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Annuncio • Dec 22
Zephyr Minerals Ltd. Announces Through Its Wholly Owned Zimbabwean Subsidiary Sutter Mining Limited, Receives Registration from the Ministry of Mines and Mining Development for the Nyanga North Prospect Zephyr Minerals Ltd. announced that through its wholly owned Zimbabwean subsidiary Sutter Mining (Private) Limited ("Sutter"), it has received registration from the Ministry of Mines and Mining Development for the Nyanga North prospect which comprises two staked Special Blocks totaling 201 hectares prospective for gold and base metals in the northeastern part of the Umkondo Basin of Zimbabwe. The Special Blocks cover an area encompassing a postulated 2 kilometer long shear zone which is interpreted from satellite imagery to be the eastern extension of a gossanous gold bearing eluvium zone recently mined by local artisanal miners as evidenced by numerous small pits. In addition, Sutter has made application to the Ministry of Mines and Mining Development for two Exclusive Prospecting Orders ("EPO"), covering approximately 124,000 hectares of gold prospective ground, one of which for 61,000 hectares is located in the Nyanga area surrounding the Special Blocks. The second EPO application covers approximately 63,000 hectares in the Mount Darwin West area. These applications are currently in the review process, and while Sutter is optimistic the EPO's will be granted, timing is not known at present. A news release will be issued upon Zephyr receiving a decision from the Ministry of Mines and Development on these two EPO applications . The gossanous scree slope which has been the target of extensive eluvium gold mining by the artisanal miners is located approximately 370 meters west of the western boundary of Sutter's Special Blocks. The local artisanal miners have been mining the gossanous scree from an area trending east-west and measuring approximately 240 meters by 60 meters on the side of a 100 meter high hill since 2014. As observed from satellite imagery, a 2 kilometer long, east-west trending lineament interpreted to be a shear zone traces the trend of the gossanous scree zone to the east on to the Sutter's Special Blocks. Based on the extensive eluvium mining at the western extremity of the interpreted shear zone, this structure is undoubtedly a highly prospective gold exploration target. An initial, low cost exploration program entailing soil sampling and geological mapping to further characterize the gold-base metal potential of the prospect is scheduled to commence early in Q1-2022. Favourable results from this program, would support a second phase of work encompassing trenching and/or diamond drill testing. Annuncio • Jul 07
Zephyr Minerals Ltd. Submits Mine Permit Application Zephyr Minerals Ltd. announced that it has submitted the application for a mining permit for the Dawson gold deposit with the Colorado Department of Reclamation and Mine Safety. The application is for a proposed underground mine, mill, mine support facilities and a dry stack tailings facility. Success in obtaining a mining permit at Dawson will enable the implementation of an underground development program which will include construction of drill stations to undertake infill drilling on the current resource as well as further drilling at depth. The underground infrastructure is particularly important at Dawson as the deposit is blind, with the top approximately 130 meters below surface and dipping steeply underneath Dawson Mountain which results in inordinately long and expensive drill holes to explore at depth from surface. An updated resource estimate is planned for the project subsequent to completion of an underground drilling program. The scheduling of the underground program will hinge on obtaining the mining permit and requisite funding. A Preliminary Economic Assessment completed on the Dawson deposit in 2017 demonstrates robust economics at a gold price of USD 1,250/oz. The PEA assumes 409,000 tonnes of mined/milled material with a diluted grade of 9.2 g/t gold, for recovery of 111,000 oz. gold at an all-in sustaining cost of USD 692/oz . The PEA includes inferred mineral resources that are too speculative geologically to have economic considerations applied to them that would enable categorization as mineral reserves. There has been insufficient drilling to define the inferred resources as Indicated or Measured mineral resources; however, it is reasonable to expect that Inferred mineral resources could be upgraded to Indicated and Measured resources with continued drilling. There is no guarantee that any part of the mineral resources discussed herein will be converted into a mineral reserve in the future. The PEA is based on a mineral resource estimate prepared in accordance with the CIM Standards and previously disclosed in accordance with National Instrument 43-101. Additional surface drilling campaigns have been completed on the Dawson deposit and the adjacent Windy Gulch deposit at various intervals between 2013 and 2021 the results of which will be incorporated in a future resource update. During the permitting process for Dawson, which is now largely in the hands of the regulators, management will have the time to pursue additional projects for the company. The company's current focus is on Zimbabwe where potential opportunities are being investigated due to recent favourable changes in mineral claims ownership combined with underexplored Archean age, gold mineralized greenstone belts. Annuncio • May 27
Zephyr Receives Initial Tailings Characterization Data Zephyr Minerals Ltd. announce that it has received initial tailings characterization data required to submit a mine permit application for the Dawson gold deposit. The Company is on schedule with respect to completing the mine permit application, with submission to the Colorado Department of Reclamation and Mine Safety and the Fremont County Board of Commissioners expected to occur by June 30, 2021. All of the proposed mining activities at Dawson are on privately owned lands and as such mine permitting does not require the involvement of the Federal Bureau of Land Management. The test results of representative tailings samples from the Dawson gold deposit demonstrate the gold mineralized rock is non-potentially acid generating. Sulfur is present as sulfate and non-extractable sulfur. Process water filtered from the tailings samples meet the EPA Ore Mining and Dressing Effluent Guidelines and Standards (40 CFR Part 440 Subpart J). The State of Colorado uses the EPA effluent standards in its regulations pertaining to mine permitting. The proposed tailings supporting buttress material tested is also non-potentially acid generating. Sulfur is predominantly present as sulfate, with only one sample with detectable sulfide sulfur. Neutralizing potential is dominated by carbonates. Results indicate metal leaching will likely be consistent with background levels typical of unmineralized granitic rocks. It is management's view that the highly attractive current and forecast gold prices combined with the excellent gold grades at Dawson creates a unique opportunity warranting acceleration of development plans for the deposit. Moving now to obtain a mining permit is the best way to enhance shareholder value at this juncture. A Preliminary Economic Assessment ("PEA") completed on the Dawson deposit in 2017 demonstrates robust economics at a gold price of USD 1,250/oz. The PEA assumes 409,000 tonnes of mined/milled material with a diluted grade of 9.2 g/t gold, for recovery of 111,000 oz. gold at an all-in sustaining cost of USD 692/oz. The PEA is preliminary in nature and includes inferred mineral resources that are too speculative geologically to have economic considerations applied to them that would enable categorization as mineral reserves. There has been insufficient drilling to define the inferred resources as indicted or measured mineral resource; however, it is reasonable to expect the inferred mineral resources could be upgraded to indicated and possibly measured resources with continued drilling. There is no guarantee that any part of the mineral resources discussed herein will be converted into a mineral reserve in the future. The PEA was completed utilizing an NI 43-101 compliant resource estimate announced on July 23, 2013. Additional surface drilling campaigns have been completed on the Dawson deposit and the adjacent Windy Gulch deposit at various intervals between 2013 and 2021 the results of which will be incorporated in a future resource update. Success in obtaining a mining permit at Dawson will, subject to funding, enable the implementation of an underground development program which will include construction of drill stations to undertake infill drilling on the current resource as well as exploratory drilling at depth. The underground infrastructure is particularly important at Dawson as the deposit is blind with the top approximately 130 meters below surface and dipping steeply underneath Dawson Mountain which results in inordinately long and expensive drill holes to explore at depth from surface. It is planned to complete an updated resource estimate for the project subsequent to completion of an underground drilling program, the scheduling of which will hinge on obtaining the mining permit and requisite funding. The Company is actively seeking to engage a geologist to complete mapping and sampling programs at Green Mountain and El Plomo. The current USA/Canada border restrictions and protocols due to Covid-19 is hampering the search effort and may result in delays in completing these programs. During the permitting process for Dawson, management will have the time to pursue additional projects for the Company. In this process, management's preference will be precious metals projects but will also review base metal projects that show exceptional potential to grow into significant assets for the Company. Annuncio • Jan 22
Zephyr Minerals Ltd. Announces Change in CFO Zephyr Minerals Ltd. announced the retirement of John Clark as CFO. John has been a director and CFO of Zephyr since the Company's inception in 2010 and will remain a member of the board of directors. David Felderhof, a director and executive vice president of Zephyr, has been appointed CFO effective immediately. David is a co-founder of the Company and oversaw the listing of the Company on the TSX Venture Exchange. David has degrees in both finance and economics and has served as an officer and a director of publicly listed mineral resource companies for the past 15 years; prior to which he was an investment advisor with a bank owned investment firm. Is New 90 Day High Low • Jan 22
New 90-day high: CA$0.23 The company is up 32% from its price of CA$0.17 on 23 October 2020. The Canadian market is up 14% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is down 2.0% over the same period. Is New 90 Day High Low • Jan 14
New 90-day high: CA$0.21 The company is up 24% from its price of CA$0.17 on 15 October 2020. The Canadian market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is down 4.0% over the same period. Annuncio • Dec 15
Zephyr Minerals Ltd. Drills 5.71 g/t Gold over 8.2 Meters Zephyr Minerals Ltd. announced that drill hole DA 20-18 intercepted 5.71 g/t gold over 8.2 m (27 ft) commencing from 242.3 m, including 12.14 g/t gold over 3.7 m (12 ft) commencing from 246.9 m. Drill hole DA-20-18 was drilled to twin historical drill hole GC-44 which intercepted 10.22 g/t gold over 8.2 m (27 ft) (capped at 40 g/t) commencing from 242.3 m. True intercept widths are estimated to be approximately 80% of the reported sample lengths. This portion of the gold deposit is characterized by coarse nuggety gold; the distribution of which is variable in the 8.2 m gold-mineralized envelope. Additional infill drilling and/or bulk sampling should ultimately provide a reliable grade estimate for this high grade portion of the deposit. Core from this drill hole will be utilized for metallurgical and engineering test work. Standard sampling procedures were followed whereby HQ core was cut using a diamond saw and sampled. One-quarter of the core was placed in plastic sample bags and the other 3/4 was left in the core box for reference. The sample weight used by the laboratory was approximately 0.5 kg. Analytical standards, duplicates, and blanks were inserted at approximately every ten sample intervals. The core samples were shipped from Canon City, Colorado to Bureau Veritas Commodities and Trade Inc. in Reno, Nevada for sample preparation and analysis. All samples were assayed using fire assay and Screen Metallic Assay method for gold and Zephyr staff and consultants maintained a secure chain of custody for both core and core samples. Annuncio • Nov 17
Zephyr Minerals Ltd. Receives Analysis for Diamond Drill Hole EP-20-01 Drilled for a Broken Hill Type Target in the El Plomo Area of Zephyr's Dawson-Green Mountain Property Zephyr Minerals Ltd. announced that it has received analysis for diamond drill hole EP-20-01 drilled for a Broken Hill Type ("BHT") target in the El Plomo area of Zephyr's Dawson-Green Mountain property. EP-20-01 intersected a magnetic sulphide mineralized zone of 2.9m (9.5 ft) (drill intercept length) from 219.9 to 222.8m (721.5 to 731.0 ft) which assayed 1.3% zinc, 0.2% copper, 0.2% lead, 0.16 g/t gold and 6.4 g/t silver. This drill intercept is approximately 125m (400 ft) below historic hole GC-9 which intersected 8.2m (26.9 ft) of 5.3% zinc from 55.6m (182.4 ft) including 2.5m (8.2 ft) of 10.2 % zinc from 85.8m (281.5 ft) (news release April16, 2020). Drill hole EP-20-01 is only the third drill hole in this area of the El Plomo section. Drilling did not encounter a structural fold as suggested by the 3D inversion magnetic modelling. A review of the magnetic signature of the core in drill hole EP-20-01 established that the well banded gneiss ("WBG") directly above the mineralized zone was strongly magnetic due to the presence of magnetite in these rocks. The anomalous magnetic rocks in the WBG is highly localized. Historic drill hole GC-9 located approximately 125m (400 ft) updip from drill hole EP-20-01 was only weakly magnetic in the WBG zone. The magnetic modelling appears to be reflecting the magnetic WBG rather than the magnetic sulphide zone. Exploration for BHT targets at El Plomo based solely on magnetics may be problematic due to the geophysics being unable to distinguish between magnetic WBG and BHT sulphides. As such, detailed geological mapping of the El Plomo area is needed to locate potential zones of structural folding which could help identify true BHT drill targets and screen out false targets reflected by the magnetic WBG. Structural folding is a key characteristic of Australian BHT deposits. Potential structural targets at El Plomo can then be further defined with ground-based geophysics surveys. A geological mapping program with a focus on structure is planned for the El Plomo area in the spring 2021 field program. A follow up ground geophysical survey will be predicated on the results of the structural mapping. Success with these efforts could generate priority drill targets warranting drill testing. Standard sampling procedures were followed whereby NQ core was cut using a diamond saw and sampled. One-half of the core was placed in plastic sample bags and the other half was left in the core box for reference. The sample weight delivered to the laboratory varied from 1.5 to 2.4 kg. Analytical standards, duplicates, and blanks were inserted at approximately every ten sample intervals. The core samples were shipped from Canon City, Colorado to Bureau Veritas Commodities and Trade Inc. in Reno, Nevada for sample preparation and analysis. All samples were assayed using fire assay method for gold. Silver, copper, lead and zinc were first digested using an aqua regia solution followed by Inductively Coupled Plasma Emission Spectroscopy (ICP-ES) analysis. Annuncio • Oct 14
Zephyr Minerals Ltd. (TSXV:ZFR) acquired Judith Placer mining claim. Zephyr Minerals Ltd. (TSXV:ZFR) acquired Judith Placer mining claim on October 13, 2020.
Zephyr Minerals Ltd. (TSXV:ZFR) completed the acquisition Judith Placer mining claim on October 13, 2020. Annuncio • Sep 24
Zephyr Minerals Ltd. Reports Dawson Gold Drilling Zephyr Minerals Ltd. announced that subsequent to completing drill hole EP-20-01 on the El Plomo silver-lead-zinc target, the drill rig was moved to the Dawson gold section where drill hole DA-20-18 was completed at a depth of 269.8 m (885 ft). This drill hole was located to twin historic (US Borax,1981) drill hole GC-44 which contained visible gold and assayed 11.2 g/t gold over 8.23 m (27 ft) (capped at 40 g/t; true width approximately 80% of interval). Drill hole DA-20-18 intersected visible gold at 247.8 m (813 ft), and assays are anticipated in approximately eight weeks. Core from this drill hole will be utilized for metallurgical and engineering test work. Favourable assay results should be supportive of moving a portion of the inferred gold resources to the indicated category. Zephyr is currently developing a go forward plan which will be announced in the next three weeks. This plan will be within the scope of funds currently in hand and will focus on exploring and developing the extensive gold holdings on the Dawson and Green Mountain sections of the property. The go forward strategy on the El Plomo silver-lead-zinc target will be determined once all data is in hand and fully evaluated in the fourth quarter of 2020. Annuncio • Jul 31
Zephyr Minerals Ltd. (TSXV:ZFR) acquired two patented lode mining claims for $0.05 million. Zephyr Minerals Ltd. (TSXV:ZFR) acquired two patented lode mining claims for $0.05 million on April 27, 2020. The two patented claims are subject to a 3% NSR of which 2% may be purchased at it’s sole option at anytime for $2 million.
Zephyr Minerals Ltd. (TSXV:ZFR) completed the acquisition of two patented lode mining claims on April 27, 2020. 