Zephyr announces Director resignation

Trading Symbol:  TSX-V: ZFR
Shares Outstanding: 20,847,295

HALIFAX, Jan. 31, 2014 /CNW/ - Zephyr Minerals Ltd. ("Zephyr" or the "Company") (TSXV: ZFR) announced today the resignation of Mr. Mark Billings from the Company's Board of Director ("Board"). Mr. Billings has resigned due to time constraints with other business interests.

Mr. Billings has served as a Director of the Company since February 2011. The Board would like to thank Mark for his extensive contribution to Zephyr and look forward to his continued support as a consultant to the Company.

About Zephyr Minerals Ltd.

Zephyr Minerals Ltd. is a gold exploration and development company focused on advancing its flagship Dawson Gold Project ("Dawson") in Colorado, USA. Dawson is an advanced stage high-grade gold property with excellent blue sky potential.  In the fall of 2013, Zephyr announced filing on SEDAR a compliant technical report, prepared in accordance with National Instrument -- Standards of Disclosure for Mineral Projects ("NI 43-101"). http://www.zephyrminerals.com/i/pdf/reports/Dawson_NI-43-101_Report.pdf.

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.

SOURCE Zephyr Minerals Ltd.

For further information:

David H. Felderhof, Executive Vice President
Zephyr Minerals Ltd.
T: 902 446-4189
F: 866 941-4715

Email: info@zephyrminerals.com
Or visit: www.zephyrminerals.com