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Zephyr Minerals Ltd V.ZFR

Alternate Symbol(s):  ZPHYF

Zephyr Minerals Ltd. is a gold exploration and development company with activities in the USA and Zimbabwe. The Company's operating segments include an exploration and evaluation property in Colorado, United States, and an evaluation property in Zimbabwe. Through its wholly owned subsidiary, Zephyr Gold USA Ltd. (Zephyr USA), the Company holds a 100% interest in mineral claims in Colorado, referred to as the Dawson Property (Dawson). Dawson consists of 57 contiguous unpatented lode mining claims, eight patented lode mining claims and two patented placer claims covering approximately 505 hectares. Dawson encompasses five contiguous gold mineralized areas over a strike length of 3.8 km, which are, from east to west: Sentinel, Dawson, Copper King, Windy Gulch and the Windy Point zones. It also has an 80% interest in the MAP Gold property. The Company continues to wait for the Zimbabwean Government to grant two Exclusive Prospecting Orders (EPO), covering 124,000 hectares.


TSXV:ZFR - Post by User

Post by Seraphim1on Aug 20, 2020 11:57am
222 Views
Post# 31433980

Shady?

Shady?

say what you want but drill rigs break down. As in this case it's unfortunate, but it's not like you can just go to your local Home Depot for parts.
Bits break, and takes days to fish out.
Rigs break down and parts have to be sourced and flown into the worksight.
Repairs in remote areas take days-weeks. 

Logistics can be a nightmare.

 

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