Issue link: http://resourceworld.uberflip.com/i/124506
Zenyatta Ventures Ltd. TICKER SYMBOL: ZEN-TSXV SHARES OUTSTANDING: 40,597,313 YEAR HIGH-LOW: $2.50 – $0.145 Zenyatta Ventures Ltd. is a Thunder Baybased junior exploration company focused on developing the 100%-owned Albany graphite prospect in northeast Ontario, a rare vein-type graphite deposit. Located 30 km north of the Trans Canada Highway, a power line and a natural gas pipeline, and an all-weather road comes to within 5 km of the project site. A 10,000-metre+ drill program is currently under way which follows an earlier nine-hole drill program that demonstrated widespread, near-surface, graphite mineralization laterally for several hundred metres and to a vertical depth of 400 metres, where it remains open. The objective of the current program is to expand on a 2012 drilling campaign that intersected a large mineralized zone of graphitic breccia and veining which returned up to 6.6% carbon over 170.0 metres from widely spaced drill holes. In an April 4, 2013 press release, Zenyatta reported that the first drill hole (Z13-4F10) intersected 363 metres of graphite mineralization from 47.0 metres to 410.0 metres. This represents the widest zone of graphite material intersected to date on the Albany deposit. Aubrey Eveleigh, President and CEO said, "This larger drill campaign will further define the size and shape of the only known vein type, or hydrothermal, graphite deposit under development in the world. Hydrothermal graphite deposits, like the Albany, are extremely rare and known to offer superior performance in many industrial applications due to its distinctive properties." Mineralogical studies at Lakehead University have confirmed the Albany graphite material to be hydrothermal in nature with negligible impurities. This is an example of the purest form of graph- ite found in nature that comprises less than 1% of the world production. It is also the easiest to process and commands the highest price as the Albany graphite can produce a natural graphite product equivalent in purity to the highest grade synthetic graphite. Zenyatta plans to target the expanding market in high value-added graphite applications that include new high technology manufacturing and emerging green industries in the synthetic graphite market.n TSX-V: CNY CANCANA in BRAZIL VALDIRÂO PROJECT Manganese Exploration Becoming Production Commencing Initial Stage Mining in 2013 Manganese ore centric TSX-V listed company Claims mainly contiguous & in excess 45,000 hectares Manganese surface showings throughout claims package Prospecting & initial reporting complete Within 25kms of infrastructure & town centre St Strong domestic & international market for Manganese N.I. 43-101 completed on Valdirâo, initial mining area Manganese grade averaging 54% throughout region 35,000mt of high grade Manganese ore in 4.4 hectares Contract mining to be utilized for initial production 12 month production target of 20,000mt of lump ore Further expansion of mining resources to be conducted cancanainfo@cancanacorp.com 14 www.resourceworld.com +1 403 269 2065 cancanacorp.com M AY 2 0 1 3