Zenyatta Ventures Ltd. ("Zenyatta" or "Company") (TSX VENTURE:ZEN)(OTCQX:ZENYF)
is pleased to announce the following significant results from drilling on the
East and West pipes of the 100% owned Albany (Hydrothermal) Graphite Deposit
located in northern Ontario, Canada.


Drilling on the East and West pipes continues to demonstrate excellent
continuity and both remain open at depth. Significant graphitic carbon ('Cg')
assay results from delineation drill holes 33 to 44 and two holes (M01 and M02)
drilled on the East Pipe to provide a bulk sample for metallurgical test work
are summarized as follows:




--  Hole M02 (East) yielded 210.8 m @ 5.8% Cg from 50.5 m to 261.3 m within
    a wider intersection of 440.0 m of graphite mineralization grading 3.8%
    Cg from 50.5 m to 490.5 m. 
--  Hole M01 (East) yielded 255.5 m @ 5.5% Cg from 48.0 m to 303.5 m within
    a wider intersection of 464.2 m of graphite mineralization grading 4.5%
    Cg from 48.0 m to 512.2 m. 
--  Hole 44 (West) yielded 126.7 m @ 3.9% Cg from 93.3 m to 220.0 m within a
    wider intersection of 352.7 m of graphite mineralization grading 2.2% Cg
    from 68.1 m to 420.8 m. 
--  Hole 43 (East) yielded 117.0 m @ 7.4% Cg from 61.0 m to 178.0 m within a
    wider intersection of 170.0 m of graphite mineralization grading 7.0% Cg
    from 61.0 m to 231.0 m. 
--  Hole 42 (West) yielded 44.8 m @ 3.1% Cg from 191.4 m to 236.2 m within a
    wider intersection of 182.2 m of graphite mineralization grading 1.2% Cg
    from 54.0 m to 236.2 m 
--  Hole 41 (West) yielded 116.4 m @ 4.8% Cg from 75.0 m to 191.4 m within a
    wider intersection of 191.9 m of graphite mineralization grading 3.8% Cg
    from 63.9 m to 255.8 m. 
--  Hole 40 (West) yielded 150.6 m @ 3.0% Cg from 84.4 m to 235.0 m within a
    wider intersection of 225.2 m of graphite mineralization grading 2.6% Cg
    from 81.0 m to 306.2 m. 
--  Hole 39 (West) yielded 116.0 m @ 5.3% Cg from 141.0 m to 257.0 m within
    a wider intersection of 263.3 m of graphite mineralization grading 3.2%
    Cg from 64.0 m to 327.3 m. 
--  Hole 38 (East) yielded 106.3 m @ 3.9% Cg from 314.7 m to 421.0 m within
    a wider intersection of 209.0 m of graphite mineralization grading 2.2%
    Cg from 248.0 m to 457.0 m. 
--  Hole 37 (East) yielded 155.0 m @ 3.1% Cg from 186.0 m to 341.0 m within
    a wider intersection of 272.0 m of graphite mineralization grading 2.0%
    Cg from 83.0 m to 355.0 m. 
--  Hole 36 (East) yielded 86.0 m @ 5.2% Cg from 203.0 m to 289.0 m within a
    wider intersection of 235.0 m of graphite mineralization grading 2.2% Cg
    from 95.0 m to 330.0 m. 
--  Hole 35 (East) yielded 82.5 m @ 4.4% Cg from 279.0 m to 361.5 m within a
    wider intersection of 177.5 m of graphite mineralization grading 2.2% Cg
    from 184.0 m to 361.5 m. 
--  Hole 34 (West) yielded 89.0 m @ 3.1% Cg from 211.0 m to 300.0 m within a
    wider intersection of 187.3 m of graphite mineralization grading 2.0% Cg
    from 126.0 m to 313.3 m. 
--  Hole 33 (West) yielded 150.4 m @ 2.1% Cg from 155.6 m to 306.0 m within
    a wider intersection of 197.2 m of graphite mineralization grading 1.6%
    Cg from 123.0 m to 320.2 m. A second zone was intersected from 404.6 m
    to 513.0 m yielding 2.7% Cg over 108.4 m. 
    (All lengths reported are drill intersected core lengths and do not
    represent true widths). 



To date, 29 holes have been drilled on the West pipe and 28 holes have been
drilled on the East pipe for the resource estimate. Three (3) large-diameter
(HQ) holes were drilled on the East pipe to recover a 5 tonne bulk sample for
metallurgical test work, which has been delivered to SGS Canada Inc. for
processing. As of the date of this news release, the second (M05) of three
proposed HQ metallurgical holes is underway on the West pipe. A plan map of the
current drilling program is available at www.zenyatta.ca. 


Aubrey Eveleigh, President and CEO stated "A very successful delineation
drilling program in 2013 has confirmed the geometry of two large, vertical
breccia bodies consisting of a unique hydrothermal style of graphite
mineralization. Drilling for the NI 43-101 resource estimate is now complete and
the Company is awaiting final assays from the lab to enable an initial resource
statement by independent consultants RPA Inc." 


The East Pipe graphite mineralization (breccia and overprint) is oval-shaped
with dimensions of approximately 150 metres ("m") in a NE-SW direction by 300 m
in a NW-SE direction and has been tested to a depth of 500 m. It is showing good
vertical continuity and remains open at depth. The East Pipe consists of a
higher grade core of graphitic breccia which is typically surrounded by a broad
halo of graphite overprinted granite. The West Pipe graphitic breccia alone
(excluding the graphite overprinted granite) also has an oval shape with
dimensions of approximately 160 m in a NW-SE direction by 220 m in a NE-SW
direction and has been tested to a depth of 460 m where it remains open. The
limit of the entire graphite mineralization (including the graphite overprinted
granite) has not been established for the West Pipe and appears to be materially
larger than initially expected. Further drilling will be required to define it.


Graphitic carbon analyses for the remaining 13 drill holes from the 2013 program
(45 through 57) and M03 through M06 will be released once received. The
following table provides locational data for all holes drilled to date on the
Albany graphite deposit.




---------------------------------------------------------------------------
           LENGTH                                                          
HOLE-ID  (metres) EASTING NORTHING ELEVATION AZIMUTH  DIP  PIPE  ASSAYS    
---------------------------------------------------------------------------
M06      Proposed  682511  5545742       130      45  -85  WEST  -----     
---------------------------------------------------------------------------
M05      Drilling  682490  5545647       130     180  -85  WEST  -----     
---------------------------------------------------------------------------
M04           448  682460  5545670       130     125  -85  WEST  Log/Sample
---------------------------------------------------------------------------
M03           465  682951  5545709       130      45  -85  EAST  Pending   
---------------------------------------------------------------------------
M02           513  682937  5545727       130      45  -85  EAST  COMPLETE  
---------------------------------------------------------------------------
M01           625  682955  5545700       130     332  -85  EAST  COMPLETE  
---------------------------------------------------------------------------
57            393  682341  5545722       130     119  -50  WEST  Pending   
---------------------------------------------------------------------------
56            498  682384  5545780       130     115  -63  WEST  Pending   
---------------------------------------------------------------------------
55            342  682605  5545707       130     300  -50  WEST  Pending   
---------------------------------------------------------------------------
54            306  682583  5545671       130     300  -50  WEST  Pending   
---------------------------------------------------------------------------
53            462  682630  5545595       130     300  -50  WEST  Pending   
---------------------------------------------------------------------------
52            303  682521  5545574       130     300  -50  WEST  Pending   
---------------------------------------------------------------------------
51            405  682580  5545625       130     300  -50  WEST  Pending   
---------------------------------------------------------------------------
50            382  682557  5545597       130     300  -50  WEST  Pending   
---------------------------------------------------------------------------
49            390  682627  5545645       130     300  -55  WEST  Pending   
---------------------------------------------------------------------------
48            387  682669  5545715       130     297  -50  WEST  Pending   
---------------------------------------------------------------------------
47            285  682920  5545905       130     193  -50  EAST  Pending   
---------------------------------------------------------------------------
46            411  682648  5545682       130     300  -50  WEST  Pending   
---------------------------------------------------------------------------
45            381  683020  5545615       130     330  -70  EAST  Pending   
---------------------------------------------------------------------------
44            507  682605  5545831       130     225  -50  WEST  COMPLETE  
---------------------------------------------------------------------------
43            231  683020  5545615       130     330  -50  EAST  COMPLETE  
---------------------------------------------------------------------------
42            237  682439  5545817       130     119  -75  WEST  COMPLETE  
---------------------------------------------------------------------------
41            378  682439  5545817       130     119  -50  WEST  COMPLETE  
---------------------------------------------------------------------------
40            411  682384  5545780       130     115  -50  WEST  COMPLETE  
---------------------------------------------------------------------------
39            381  682385  5545697       130     115  -50  WEST  COMPLETE  
---------------------------------------------------------------------------
38            390  682809  5545495       130      43  -50  EAST  COMPLETE  
---------------------------------------------------------------------------
37            390  682860  5545547       130      43  -50  EAST  COMPLETE  
---------------------------------------------------------------------------
36            363  682792  5545692       130      45  -50  EAST  COMPLETE  
---------------------------------------------------------------------------
35            522  682751  5545650       130      45  -50  EAST  COMPLETE  
---------------------------------------------------------------------------
34            531  682715  5545700       130     270  -50  WEST  COMPLETE  
---------------------------------------------------------------------------
33            540  682676  5545802       130     225  -50  WEST  COMPLETE  
---------------------------------------------------------------------------
32            459  682600  5545570       130     295  -50  WEST  COMPLETE  
---------------------------------------------------------------------------
31            396  682516  5545845       130     180  -50  WEST  COMPLETE  
---------------------------------------------------------------------------
30            393  682438  5545800       130     135  -50  WEST  COMPLETE  
---------------------------------------------------------------------------
29            423  682392  5545723       130     110  -50  WEST  COMPLETE  
---------------------------------------------------------------------------
28            339  683016  5545768       130     200  -50  EAST  COMPLETE  
---------------------------------------------------------------------------
27            561  682710  5545570       130     295  -50  WEST  COMPLETE  
---------------------------------------------------------------------------
26            618  682395  5545565       130      45  -50  WEST  COMPLETE  
---------------------------------------------------------------------------
25            213  682984  5545799       130     225  -50  EAST  COMPLETE  
---------------------------------------------------------------------------
24            252  682917  5545637       130      45  -50  EAST  COMPLETE  
---------------------------------------------------------------------------
23            270  682845  5545745       130      45  -50  EAST  COMPLETE  
---------------------------------------------------------------------------
22            261  682866  5545706       130      45  -50  EAST  COMPLETE  
---------------------------------------------------------------------------
21            291  682890  5545673       130      45  -50  EAST  COMPLETE  
---------------------------------------------------------------------------
20            303  683016  5545768       130     225  -50  EAST  COMPLETE  
---------------------------------------------------------------------------
19            291  682952  5545830       130     225  -50  EAST  COMPLETE  
---------------------------------------------------------------------------
18            432  682809  5545809       130     120  -50  EAST  COMPLETE  
---------------------------------------------------------------------------
17            509  683200  5545700       130     270  -50  EAST  COMPLETE  
---------------------------------------------------------------------------
16            531  683095  5545894       130     225  -50  EAST  COMPLETE  
---------------------------------------------------------------------------
15            412  682860  5545610       130      45  -50  EAST  COMPLETE  
---------------------------------------------------------------------------
14            668  683090  5545590       130     315  -50  EAST  COMPLETE  
---------------------------------------------------------------------------
13            425  683100  5545700       130     270  -50  EAST  COMPLETE  
---------------------------------------------------------------------------
12            366  683025  5545825       130     225  -50  EAST  COMPLETE  
---------------------------------------------------------------------------
11            684  682955  5545935       130     180  -65  EAST  COMPLETE  
---------------------------------------------------------------------------
10            438  682955  5545800       130     180  -65  EAST  COMPLETE  
---------------------------------------------------------------------------
9             425  682955  5545850       130     180  -65  EAST  COMPLETE  
---------------------------------------------------------------------------
8             365  682955  5545800       130       0  -65  EAST  COMPLETE  
---------------------------------------------------------------------------
7             321  682600  5545570       131       0  -65  WEST  COMPLETE  
---------------------------------------------------------------------------
6             346  682400  5545570       131       0  -65  WEST  COMPLETE  
---------------------------------------------------------------------------
5             326  682955  5545700       130       0  -65  EAST  COMPLETE  
---------------------------------------------------------------------------
4             179  682955  5545700       130     180  -80  EAST  COMPLETE  
---------------------------------------------------------------------------
3             495  682500  5545770       131     180  -56  WEST  COMPLETE  
---------------------------------------------------------------------------
2             528  682500  5545370       131       0  -65  WEST  COMPLETE  
---------------------------------------------------------------------------
1             543  682500  5545570       131       0  -65  WEST  COMPLETE  
---------------------------------------------------------------------------
                                                        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
Vancouver, British Columbia 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., Zenyatta's Vice President - Exploration, is the
"Qualified Person" under National Instrument 43-101 and has reviewed and
approved 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 may contain forward looking information and Zenyatta cautions
readers that forward looking information is based on certain assumptions and
risk factors exist that could cause actual results to differ materially from the
expectations of Zenyatta included in this news release. This news release
includes certain "forward-looking statements", which often, but not always, can
be identified by the use of words such as "believes", "anticipates", "expects",
"estimates", "may", "could", "would", "will", or "plan". These statements are
based on information currently available to Zenyatta and Zenyatta provides no
assurance that actual results will meet management's expectations.
Forward-looking statements include estimates and statements with respect to
Zenyatta's future plans, objectives or goals, to the effect that Zenyatta or
management expects a stated condition or result to occur, including the expected
timing for release of sample analyses and a resource estimate, the expected uses
for graphite in the future, and the future uses of the graphite from Zenyatta's
Albany deposit. 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 Zenyatta's
mineral properties, and Zenyatta'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 Zenyatta's activities; and other matters discussed in this
news release and in filings made with securities regulators. This list is not
exhaustive of the factors that may affect any of Zenyatta's forward-looking
statements. These and other factors should be considered carefully and readers
should not place undue reliance on Zenyatta's forward-looking statements.
Zenyatta does not undertake to update any forward-looking statement that may be
made from time to time by Zenyatta 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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