ZEN Zentek Ltd

Zenyatta Ventures Ltd. ("Zenyatta" or "Company") (TSX VENTURE:ZEN) is pleased to
announce the following significant assay results from the first hole (#10) of
the current campaign on the 100% owned Albany (Hydrothermal) Graphite Deposit,
located in northeastern Ontario, Canada. 


Drill hole 10 intersected 360.8 metres ('m') of graphite mineralization from
49.0 m to 409.8 m yielding an average grade of 5.1% Carbon ('C'). This
represents the widest zone of graphite material intersected to date on the
Albany deposit. The hole, which was drilled at a 180 degrees azimuth and -65
degrees dip, was designed to test between previously drilled holes 4, 5 and 9.
Five more holes have since been completed, all of which yielded broad intervals
of graphite mineralization from visual observations of drill core as described
below. Holes 11 through 15 have been designed to start outside the limit of the
indicated anomaly and were angled to help define and confirm the overall
geometry of the pipe-like body. Drill hole data from all 15 holes is shown in a
table at the end of this press release.




--  Drill hole 11 intersected 202.0 m of graphite mineralization from 393.0
    m to 595.0 m. 
--  Drill hole 12 intersected 195.0 m of graphite mineralization from 90.0 m
    to 285.0 m. 
--  Drill hole 13 intersected 219.0 m of graphite mineralization from 96.0 m
    to 315.0 m. 
--  Drill hole 14 intersected 286.9 m of graphite mineralization from 108.8
    m to 395.7 m and a second zone of 127.3 m of graphite mineralization
    from 431.3 m to 558.0 m. 
--  Drill hole 15 intersected 301.9 m of graphite mineralization from 63.3 m
    to 365.2 m.



 (All lengths reported are drill intersected core lengths and do not represent
true widths)


Aubrey Eveleigh, President and CEO stated, "These latest results confirm the
exceptional size potential of the Albany graphite deposit and along with the
previously announced ultra-high purity (greater than 99.99% C) values, underpins
Zenyatta's extraordinary graphite project. Hole 10 represents the best grade
drill intersection obtained to date and the more recent drill holes are
confirming both the internal continuity and the extent of the deposit."


Graphite mineralization appears to consist of graphitic breccia pipes which are
typically surrounded by a zone of graphite overprinted syenite. Carbon analyses
for drill holes 11 through 15 will be released once received. Drill hole 16 has
commenced, and the current campaign will continue until sufficient drill holes
have been completed, following which a NI 43-101 compliant resource estimate
will be prepared. A plan map, section and drill hole table will be placed on the
website today. 


The Company has also completed a ground geophysical survey to better define the
geometry of the Albany graphite breccia pipes and expects the full data to be
released in the next few days once a final report has been completed by Crone
Geophysics and Exploration Ltd. The survey has defined two adjacent, strongly
conductive, geophysical (EM) anomalies that are roughly circular in shape. Holes
10 through 15 were drilled on the eastern most anomaly (Eastern breccia pipe),
and are suggesting an oval shaped body approximately 200 metres in a NW-SE long
axis by approximately 125 metres NE-SW. Additionally, hole 11 intersected
mineralization at approximately 500 metres vertical depth. Drill intercepts
appear to be correlating well with the shape of the ground geophysical anomaly
with additional drilling required to confirm this model. The western anomaly
(Western breccia pipe), which appears to be larger, will also be fully tested
during the current drill campaign. The following table shows data for all holes
drilled to date on the Albany graphite deposit.




------------------------------------------------------------------
HOLE ID LENGTH(M) UTM EASTING UTM NORTHING ELEVATION AZIMUTH   DIP
------------------------------------------------------------------
15            412      682860      5545610       130      45   -50
------------------------------------------------------------------
14            688      683090      5545590       130     315   -50
------------------------------------------------------------------
13            425      683100      5545700       130     270   -50
------------------------------------------------------------------
12            366      683025      5545825       130     225   -50
------------------------------------------------------------------
11            700      682955      5545935       130     180   -65
------------------------------------------------------------------
10            438      682955      5545800       130     180   -65
------------------------------------------------------------------
9             425      682955      5545850       130     180   -65
------------------------------------------------------------------
8             365      682955      5545800       130       0   -65
------------------------------------------------------------------
7             321      682600      5545570       131       0   -65
------------------------------------------------------------------
6             346      682400      5545570       131       0   -65
------------------------------------------------------------------
5             326      682955      5545700       130       0   -65
------------------------------------------------------------------
4             179      682955      5545700       130     180   -80
------------------------------------------------------------------
3             495      682500      5545770       131     180   -56
------------------------------------------------------------------
2             528      682500      5545370       131       0   -65
------------------------------------------------------------------
1             543      682500      5545570       131       0   -65
------------------------------------------------------------------
                                                NAD 83, UTM Zone16



Analytical Protocol

Samples of half core were packaged and shipped directly from Zenyatta's core
shack at the site to the ALS Minerals facility in Thunder Bay, Ontario, for
sample preparation (ALS protocol PREP-31B). Each bagged core sample is dried,
crushed to better than 70% passing 2mm and a 1000g split of the crushed material
is pulverized to better than 85% passing 75 microns for assaying. The sample
pulps were then shipped to the ALS Minerals laboratory in Brisbane, Australia
for assay. ALS Minerals has ISO 9001:2008 and ISO 17025 Accreditation as per the
Standards Council of Canada at all of its global laboratories. Graphite assays
were obtained using the graphitic carbon by LECO method (ALS protocol C-IR18). A
0.1g sample is leached with dilute hydrochloric acid to remove inorganic carbon
(carbonate). After filtering, washing and drying, the remaining sample residue
is roasted at 425 degrees C to remove any organic carbon. The roasted residue is
finally analysed for graphitic carbon using a high temperature LECO furnace with
infra-red detection. The samples were submitted with blanks and certified custom
standards inserted into the sample stream to ensure lab integrity.


Mr. Peter Wood, P.Geo., VP Exploration, is the "Qualified Person" under NI
43-101 and has reviewed the technical information contained in this news
release. To find out more on Zenyatta Ventures Ltd., please visit website
www.zenyatta.ca or contact the Company at info@zenyatta.ca or Tel. 807-346-1660.



This News Release includes certain "forward-looking statements". These
statements are based on information currently available to the Company and the
Company provides no assurance that actual results will meet management's
expectations. Forward-looking statements include estimates and statements that
describe the Company's future plans, objectives or goals, including words to the
effect that the Company or management expects a stated condition or result to
occur. Forward-looking statements may be identified by such terms as "believes",
"anticipates", "expects", "estimates", "may", "could", "would", "will", "should"
or "plan". Since forward-looking statements are based on assumptions and address
future events and conditions, by their very nature they involve inherent risks
and uncertainties. Actual results relating to, among other things, results of
exploration, project development, reclamation and capital costs of the Company's
mineral properties, and the Company's financial condition and prospects, could
differ materially from those currently anticipated in such statements for many
reasons such as: changes in general economic conditions and conditions in the
financial markets; changes in demand and prices for minerals; litigation,
legislative, environmental and other judicial, regulatory, political and
competitive developments; technological and operational difficulties encountered
in connection with the activities of the Company; and other matters discussed in
this news release. This list is not exhaustive of the factors that may affect
any of the Company's forward-looking statements. These and other factors should
be considered carefully and readers should not place undue reliance on the
Company's forward-looking statements. The Company does not undertake to update
any forward-looking statement that may be made from time to time by the Company
or on its behalf, except in accordance with applicable securities laws.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Zenyatta Ventures Ltd.
807-346-1660
info@zenyatta.ca
www.zenyatta.ca

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