Zenyatta Ventures Ltd. ("Zenyatta" or "Company") (TSX VENTURE:ZEN)(OTCQX:ZENYF)
is pleased to announce the following geophysical survey results from its 100%
owned Albany graphite deposit. 


Crone Geophysics & Exploration Limited ("Crone") was contracted by Zenyatta to
carry out a ground survey using its Electromagnetic ("EM") geophysics to better
define the geometry of the Albany (hydrothermal) graphite deposit, initially
identified by an airborne EM survey. Graphite is a highly conductive mineral and
such surveys are very effective in delineating mineral deposits like Albany. The
survey revealed two (2) discrete, strongly conductive zones which are coincident
with the graphite mineralization associated with the East and West breccia
pipes. 


On the East anomaly graphite mineralization has been traced for approximately
150 metres in a NE - SW direction by 300 metres in a NW-SE direction. To date,
drilling from eleven holes has shown graphite mineralization down to 500 metres
vertical where it remains open. Assays are still pending for holes 11 through to
15. 


The West anomaly suggests a larger and more conductive zone but it will require
more than the five holes that have been previously drilled in this area to
determine the limits of the graphite mineralization. 


Plan maps showing the Crone geophysical survey (Figure 1) and the approximate
outline of the graphite mineralization (graphitic breccia and surrounding
graphite over printed syenite) on the East anomaly (Figure 2) accompany this
news release and have been placed on the website.


Note: To view Figure 1 and Figure 2, please click the following link:
http://media3.marketwire.com/docs/zen0521.pdf.


Aubrey Eveleigh, President and CEO stated "Given the conductive nature of
graphite, the ground EM survey was very effective at defining the geometry of
the Albany deposit. These latest geophysical results show the outline of the
graphite mineralization related to two separate breccia pipes which correlate
extremely well with drilling to date. Zenyatta is presently concentrating on the
East Pipe and will focus on the West Pipe once sufficient resource drilling has
been completed there."


Crone's Pulse EM system is a time domain electromagnetic method in which a
precise pulse of current with a controlled linear shut off is transmitted
through a large loop of wire on the ground and the rate of decay of the induced
secondary field is measured across a series of time windows during the off-time.



Zenyatta is developing a very rare hydrothermal or 'vein-type' graphite deposit
it discovered in 2011 in northeastern Ontario, Canada. It is the largest and
only known graphite deposit of this type under development in the world.
Globally, the only graphite mines of this type are located in Sri Lanka, which
have been in production since 1847. The current high grade, underground mining
operations produce only 5,500 tonnes annually from narrow (5-10cm) veins.
Despite the lack of volume, Sri Lankan 'vein-type' graphite has enjoyed great
demand due to its unusually high purity and unique physical properties. Graphite
veins are quite rare and in many industrial applications offer superior
performance due to higher thermal and electrical conductivity. 


Zenyatta's Albany graphite deposit is located 30km north of the Trans Canada
Highway, power line and natural gas pipeline near the communities of Constance
Lake First Nation and Hearst. A rail line is located 70km away and an
all-weather road approximately 4-5km from the graphite deposit. The deposit is
near surface, underneath glacial till overburden and a thin veneer of Paleozoic
sedimentary cover rocks.


Graphite is a natural form of carbon with the chemical formula C, which it
shares with diamond and coal. The outlook for the global graphite market is very
promising with demand growing rapidly from new applications. It is now
considered one of the more strategic elements by many leading industrial
nations, particularly for its growing importance in high technology
manufacturing and in the emerging "green" industries such as electric vehicle
components. The application for graphitic material is constantly evolving due to
its unique chemical, electrical and thermal properties. It maintains its
stability and strength under temperatures in excess of 3,500 degrees C and is
very resistant to chemical corrosion. It is also one of the lightest of all
reinforcing elements and has high natural lubricating abilities. Some of these
key physical and chemical properties make it critical to modern industry.


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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