Zephyr Minerals Enhances Commitment to Dawson Gold Project with Comprehensive Water Monitoring Program
In an exciting development for the mining industry, Zephyr Minerals Ltd. (TSXV: ZFR, OTC: ZPHYF) has announced its partnership with Pinyon Environmental, Inc., based in Lakewood, Colorado, to initiate a thorough water monitoring and analytical program. This initiative is part of Zephyr’s strategic move to resubmit its mining permit application to the Colorado Division of Reclamation, Mining and Safety (DRMS) for its 100% controlled Dawson Gold Property.
The water monitoring program is poised to commence this month and will continue on a quarterly basis through December 2026. This thorough investigation aims to establish baseline groundwater and surface water conditions in and around the Dawson Gold Deposit, setting a solid foundation for the upcoming permitting process.
An Impressive Resource Base
The Dawson Gold Deposit boasts an Inferred Mineral Resource of 343,000 tonnes, grading 12.11 g/t,amounting to approximately 133,500 ounces of gold. With no recent updates reflecting drilling results from between 2017 and 2020, the resource remains significant and is open for further exploration at depth. Notably, the potential expansion of resources is promising, particularly in the untested 700-meter-long Sentinel zone and through further drilling in the Windy Gulch and Windy Point zones.
A Preliminary Economic Assessment (PEA) prepared in accordance with National Instrument 43-101 indicated solid economics for the project, showcasing an all-in sustaining cost per ounce of just 2. With gold prices having shown a sustained increase since the assessment in 2017, the attractiveness of the Dawson project has only been amplified, presenting a remarkable opportunity for advancement.
Leadership Changes and Future Prospects
In other company news, Zephyr Minerals announced the retirement of Ms. Suzan Frazer as corporate secretary, a position she held since the company’s inception in 2010. The Board expressed heartfelt gratitude for her dedicated service, with Mr. David Felderhof stepping in as her successor.
Zephyr Minerals is not just focused on the Dawson Gold property; it is also awaiting exclusive prospecting orders from the Zimbabwean government for two areas rich in potential for gold and lithium. Covering 124,000 hectares, these applications reflect Zephyr’s ambitious vision for growth in the mining sector.
As Zephyr Minerals takes these progressive steps, the ongoing monitoring and the strategic planning for both the Dawson Gold Project and additional ventures position the company strongly within the industry.
In a dynamic and evolving market, the forward-looking stance of Zephyr Minerals Ltd. underscores its commitment to sustainability and resource governance, pivotal components in the contemporary mining landscape.
Stay tuned for more updates as this story unfolds!
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