Zephyr Minerals Ltd. provided 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. Results demonstrate that there are 3 shear zones trending east west across the property of which one, the 'Main Shear', has had historical eluvial gold mining on a steep hillside 400 meters to the west. Soil sampling on the property along 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.

The next exploration program for this property will entail trenching, mapping and sampling across the 40 meter section encompassing the Main Shear.