ZEN Zentek Ltd

Zenyatta Ventures Ltd. ("Zenyatta" or "Company") (TSX VENTURE:ZEN) is pleased to
announce the contracting of industrial minerals specialist, Don Hains of Hains
Technology Associates and provide an update on developments at the Albany
Graphite Deposit.


Don Hains, P.Geo., MBA is an industrial minerals and marketing specialist with
more than 30 years of experience in development, use and analysis of industrial
minerals, including graphite. He has held product research and business
development responsibilities with Fiberglas Canada Inc. and Domtar Construction
Materials, and has been consulting in the field of industrial minerals, markets
and economics for the past 25 years. Assignments have ranged from valuation
reports to feasibility and market studies.


Mr. Hains obtained a Chemistry degree from Queen's University and an MBA in
Finance and Marketing from Dalhousie University. In addition to his own
practice, Don acts as the industrial minerals specialist for several major
consulting firms in Canada and is a frequent speaker at major industrial mineral
conferences, having presented papers on several different commodities.


Aubrey Eveleigh, President and CEO stated "We are very pleased to add an
individual of Don Hains' caliber to lead us toward a Preliminary Economic
Assessment of the Albany graphite deposit. A management team with strong
graphite experience is obviously a necessity for success. Don is an expert in
the analysis of geology, markets and economics for industrial minerals. He has
conducted studies on a wide range of industrial minerals projects in Canada,
United States, Europe, Africa and Asia. He is very familiar with trends in end
use technologies for major industrial minerals, including graphite, and in
process technologies for beneficiation of industrial minerals."


Metallurgical test work of the Albany graphite material at SGS Lakefield has
identified a simple (1 step) concentration process and on-going work is focused
on preparing a high purity (greater than 99.0% C) graphite product through acid
leaching. Also, positive mineralogical work shows the graphite material to be
very simple and contains insignificant amounts of sulphide and other undesirable
minerals. A further metallurgical update may be available at the end of the
month.


Aubrey Eveleigh stated "Creating a pure graphite product is about removing the
impurities or undesirable minerals. If you start with simple mineralogy, this
can be achieved much easier and less costly. Process and product development
efforts under Don Hains will focus on producing micronized, ultra-high purity
products to compete in the $13 billion synthetic graphite market."


Synthetic graphite is significantly more expensive to make but commands the
highest market prices. It can cost $3000 - $5000 per tonne (99.5% purity) to
produce but can be sold for $7000 - $9000 per tonne. Ultra-high purity (99.9%)
graphite can demand a price of $25,000 - $30,000 per tonne. Processing and
purification of natural graphite has improved greatly in recent years and
projects with initial high purity graphite, like vein-type, should require less
purification and therefore be lower cost to produce. With these advancements,
the overlap between synthetic and natural graphite applications is expected to
grow and make natural graphite more adaptable to specific new industry
requirements.


Presently, synthetic graphite is the material of choice for most traditional
uses and, more importantly, for growing applications such as Li-ion batteries,
pebble bed reactors, vanadium-redox batteries and fuel cells due to the high
purity and consistent graphite needed. 


The Albany (vein-type) graphite deposit is located 30km north of the Trans
Canada Highway, power line and natural gas pipeline. A rail line is located 70km
away and an all-weather road approximately 4-5km from the graphite deposit. The
Albany deposit is near surface, underneath glacial till overburden. 


Mr. Aubrey Eveleigh, P.Geo., President and CEO, is the "Qualified Person" under
NI 43-101 and has reviewed the technical information contained in this news
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.

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