ZEN Zentek Ltd

Zenyatta Ventures Ltd. ("Zenyatta" or "Company") (TSX VENTURE:ZEN)(OTCQX:ZENYF)
is pleased to announce the following significant assay results from holes 11 -
15 drilled on the East Pipe of the 100% owned Albany (Hydrothermal) Graphite
Deposit, located in northern Ontario, Canada. 


Graphite mineralization in the East Pipe appears to consist of a higher grade
core of graphitic breccia which is typically surrounded by a broad halo of
graphite overprinted syenite. The following assay results from each hole show a
higher grade core followed by wider zones which include graphite overprint
mineralization. Drill hole 11, the deepest to date, was designed to test to a
vertical depth of 500 metres ("m") and yielded 84.9 m @ 5.2% graphitic carbon
("Cg") from 460.6 m to 545.5 m within a broader intersection of 203.0 m of
graphite mineralization averaging 3.0% Cg from 393.0 m to 596.0 m. The East Pipe
is showing good vertical continuity and remains open at depth.




--  Hole 12 yielded 146.0 m @ 5.2% Cg from 95.0 m - 241.0 m within a wider
    intersection of 195.0 m of graphite mineralization grading 4.0% Cg from
    90.0 m to 285.0 m. 
--  Hole 13 yielded 177.0 m @ 5.3% Cg from 138.0 m - 315.0 m within a wider
    intersection of 219.9 m of graphite mineralization grading 4.5% Cg from
    95.1 m to 315.0 m. 
--  Hole 14 yielded 186.0 m @ 4.9% Cg from 146.0 m - 332.0 m within a wider
    intersection of 426.0 m of graphite mineralization grading 3.0% Cg from
    118.0 m to 544.0 m. 
--  Hole 15 yielded 125.0 m @ 4.6% Cg from 132.0 m - 257.0 m within a wider
    intersection of 300.0 m of graphite mineralization grading 2.2% Cg from
    60.0 m to 360.0 m. (All lengths reported are drill intersected core
    lengths and do not represent true widths). 



Ten (10) more holes have since been completed on the East Pipe, all of which
yielded broad intervals of graphite mineralization from visual observations of
drill core. Holes 11 - 15 were designed to start outside the limit of the
indicated geophysical anomaly and angled to help define and confirm the overall
geometry of the pipe-like body. Drill hole location data from all 25 holes
drilled to date is provided in the table below.


Aubrey Eveleigh, President and CEO stated, "These latest results demonstrate
excellent vertical continuity of the East Pipe and exceptional size potential of
the Albany graphite deposit. Drill intercepts appear to be correlating extremely
well with the shape of the ground geophysical conductors. The drill has now been
mobilized to the West Pipe and hole 26 has commenced. The current campaign will
continue there until sufficient drill holes have been completed, following which
a NI 43-101 compliant resource estimate will be prepared by RPA for both the
East and West pipes."


Graphitic carbon analyses for drill holes 16 through 26 will be released once
received. A plan map and drill hole table will also be placed on the website
today. The following table shows data for all holes drilled to date on the
Albany graphite deposit.




----------------------------------------------------------------------------
                             UTM         UTM                                
HOLE-ID    LENGTH (m)    EASTING    NORTHING    ELEVATION    AZIMUTH     DIP
----------------------------------------------------------------------------
26           DRILLING     682395     5545565          130         45     -50
----------------------------------------------------------------------------
25                213     682984     5545799          130        225     -50
----------------------------------------------------------------------------
24                252     682917     5545637          130         45     -50
----------------------------------------------------------------------------
23                270     682845     5545745          130         45     -50
----------------------------------------------------------------------------
22                261     682866     5545706          130         45     -50
----------------------------------------------------------------------------
21                291     682890     5545673          130         45     -50
----------------------------------------------------------------------------
20                303     683016     5545768          130        225     -50
----------------------------------------------------------------------------
19                291     682952     5545830          130        225     -50
----------------------------------------------------------------------------
18                432     682809     5545809          130        120     -50
----------------------------------------------------------------------------
17                509     683200     5545700          130        270     -50
----------------------------------------------------------------------------
16                531     683095     5545894          130        225     -50
----------------------------------------------------------------------------
15                412     682860     5545610          130         45     -50
----------------------------------------------------------------------------
14                668     683090     5545590          130        315     -50
----------------------------------------------------------------------------
13                425     683100     5545700          130        270     -50
----------------------------------------------------------------------------
12                366     683025     5545825          130        225     -50
----------------------------------------------------------------------------
11                684     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 Zone 16
                                                                            



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.


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term
is defined in the policies of the TSX Venture Exchange) accepts responsibility
for the adequacy or accuracy of this release. 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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