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Zenyatta steps out 450 metres into more graphite in Ontario

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By Kip Keen

Zenyatta Ventures (TSX-V: ZEN) released crucial drilling results today that show high graphite grades 450 metres away from its discovery drillhole on the Albany graphite deposit in Northern Ontario. The latest drilling result was one of the most important for Zenyatta yet since discovering Albany as it adds stronger evidence to suggest an oblong geophysical anomaly – around 600 metres wide north to south and 1,000 metres long east to west – coincides with near-surface graphite veining and breccia.

Zenyatta also got its best grades yet. It hit 170 metres @ 6.6 percent carbon from 44 metres downhole in the first step out drillhole to the east – by nearly half a kilometre – of the Albany discovery hole. Other holes have tested north and south of the discovery hole and they also returned graphite over broad intercepts.