Zephyr Appoints Brian Arkell to Board of Directors
NEWS RELEASE
December 18, 2024 Shares Outstanding: 79,086,985
NR#04-2024 Trading Symbols: TSX.V: ZFR
ZEPHYR APPOINTS BRIAN ARKELL TO BOARD OF DIRECTORS
HALIFAX, NS / Dec. 18, 2024 / Newsfile Corp. / Zephyr Minerals Ltd. (TSXV: ZFR) (OTC:
ZPHYF) ("Zephyr" or the " Company") is pleased to announce that Denver based Brian
Arkell has been appointed to the Company’s Board of Directors effective December 18,
2024, pending regulatory approval.
Loren Komperdo, President and CEO stated, “Brian’s positive reception to join the Board
at this juncture, is a true testament to both the merits of the Dawson gold deposit and the
optimistic future for Zephyr. Brian’s extensive experience in exploration and mine
development is a significant asset to the Company and its shareholders.”
Mr. Arkell , of Denver, Colorado, holds a B.S. in Geology and Engineering from the
University of Maryland and an M.S. from the New Mexico Institute of Mining and
Technology. With 35 years of experience, Mr. Arkell has contributed to several significant
gold discoveries and mine development projects including the Yanacocha gold mine in
Peru, the Batu Hijau copper -gold mine in Indonesia, the Merian gold mine in Suriname,
and the Magino gold mine in Canada.
From 2018 to 2023, Mr. Arkell held the role of Vice President of Exploration and Mine
Technical Services at Argonaut Gold, a mid -tier gold producer. He was responsible for
overseeing exploration, mine planning, mine geology, corporate reserves, and land
management across five gold mines and multiple projects, ranging from scoping to
feasibility. Prior to that, he served as CEO of Caza Gold Corp., Senior Vice President of
Exploration and Corporate Development at Rio Novo Gold, Inc., and spent 22 years at
Newmont Mining Corp. in various leadership positions, including Director of Geology and
Exploration for South America. Mr. Arkell is Vice President of Exploration and Technical
Services of Cabral Gold Inc.
Mr. Arkell is a Registered Member of the Society for Mining, Metallurgy & Exploration
(SME), a Fellow of the Australasian Institute of Mining and Metallurgy (AusIMM), and a
Fellow of the Society of Economic Geologists. He is also a Qualified Person (QP) un der
Canadian National Instrument 43 -101 standards and a Competent Person under the
Australian JORC Code.
On December 18, 2024, the Company granted 400,000 stock options to Mr. Arkell at an
exercise price of $0.05 with a term of five years expiring December 17, 2029, in
accordance with the Company’s incentive stock option plan and as set forth by the TSX
Venture Exchange (“TSX-V”) policy and are subject to the approval of the TSX-V.
About Zephyr Minerals Ltd.
Zephyr Minerals is mission focused on obtaining a mining permit for its 100% owned
Dawson Gold project in Colorado with the view to continuing to advance this project to the
next stage of development. The Company continues to review gold properties for potential
acquisition and/or joint venture throughout Zimbabwe as these are received from third
parties. The Company continues to wait for the Zimbabwean Government to grant two
Exclusive Prospecting Orders (“EPO”), covering 124,000 hectares applied for in 2021. The
areas covered by the EPO applications are prospective for gold and lithium.
For further information please contact:
Loren Komperdo, President & CEO
or
David Felderhof, CFO
T: 902 706-0222
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of this release. The forward-looking statements contained
in this document are based on certain key expectations and assumptions made by the Company . The forward-looking
statements contained in this document are made as of the date hereof and the Company undertakes no obligation to
update publicly or revise any forward-looking statements or information, whether as a result of new information, future
events or otherwise, unless so required by applicable securities laws. Not for distribution in the United States of America.