Zephyr Minerals is pleased to announce results for the first 7 holes of a 13 hole diamond drill program on the Windy Gulch zone of the Dawson gold project in Colorado, U.S.A. These initial results confirm and expand on historic drilling and surface channel sampling results which identified an at surface and near surface gold zone with very attractive grades. Drill holes of particular note include WG-13-08 and WG-13-14 [...]
Zephyr is pleased to announce that it has awarded a diamond drill contract to Godbe Drilling LLC of Montrose, Colorado, to drill up to 15 holes totaling approximately 500 metres. The drill program is expected to commence in the next several days on the Windy Gulch segment of the Dawson Gold Property. For further details, please see Zephyr news release #03-13, dated February 28, 2013.
Zephyr is pleased to announce that it has closed the previously announced private placement to raise $452,009 through the issuance of 2,511,166 units at a price of $0.18 per unit. Each unit consists of one common share and one-half of one common share purchase warrant. Each whole warrant entitles the holder to acquire one common share at an exercise price of $0.25 per common share at any time on or before the 12-month [...]
Zephyr, is pleased to announce that it has increased the size of the non-brokered private placement financing originally announced on February 6. Zephyr will now sell sell up to 2,778,000 units of the Company at a price of $0.18 per unit for gross proceeds of up to $500,040. All other terms of the Offering announced on February 6, 2013 in news release 01-13 remain unchanged.
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