Welcome to our dedicated page for Zephyr Minerals news (Ticker: ZPHYF), a resource for investors and traders seeking the latest updates and insights on Zephyr Minerals stock.
Zephyr Minerals Ltd. (ZPHYF) is a mineral exploration company advancing gold projects in Colorado and evaluating lithium potential in Zimbabwe. This page aggregates official news about permit acquisitions, drilling programs, and strategic financing initiatives critical to understanding the company's progress.
Investors will find timely updates on geological surveys, regulatory milestones, and resource evaluation efforts. Content includes press releases about mining permit applications, exploration results from the Dawson Gold project, and updates on Zimbabwean mineral assessments.
All materials are sourced directly from company filings and vetted industry reports. Bookmark this page to monitor Zephyr Minerals' advancements in securing operational permits and expanding its exploration portfolio through disciplined capital allocation strategies.
Zephyr Minerals (TSXV: ZFR) (OTC Pink: ZPHYF) has appointed Brian Arkell to its Board of Directors effective December 18, 2024. Arkell brings 35 years of experience in exploration and mine development, having contributed to major gold discoveries including the Yanacocha gold mine in Peru and the Batu Hijau copper-gold mine in Indonesia.
Arkell previously served as Vice President of Exploration and Mine Technical Services at Argonaut Gold (2018-2023), CEO of Caza Gold Corp, and held various leadership positions at Newmont Mining Corp. He currently serves as Vice President of Exploration and Technical Services at Cabral Gold Inc.
The company has granted Arkell 400,000 stock options at $0.05 per share, expiring December 17, 2029, subject to TSX Venture Exchange approval.
Zephyr Minerals announced on May 31, 2024, that it closed a non-brokered private placement, issuing 4,000,000 units for gross proceeds of $200,000. Each unit includes one common share and one transferable warrant, allowing the holder to acquire one share at $0.08 over 36 months. The net proceeds will fund drilling and water well monitoring at Zephyr's Dawson gold property in Colorado and support general corporate needs. The company paid $6,563 in finders' fees and issued 131,250 finders' warrants. The offering, subject to TSX Venture Exchange approval, included 75,000 units purchased by an insider, amounting to $3,750. All issued securities are subject to a four-month hold period.