GRYPHON MINERALS LIMITED

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Type: Public
Classification: Track

Stock Quote: ASX:GRY

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181 ROBERTS ROAD
SUBIACO
Western Australia
Australia, 6008
Phone: +61 (0)8 9287 4333
Fax: +61 (0)8 9287 4334

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Company Summary

Gryphon Minerals is a Perth-based mineral exploration company established with the express purpose of exploring and developing gold deposits in West Africa. At the Companies flagship Banfora Gold Project an aggressive drilling and regional exploration programme is being carried out to assist in unlocking the full potential of the project.

Company News

Monday, September 21, 2009

Property: BANFORA

Gryphon Minerals announced the significant milestone of reaching more than one million ounces of gold in the JORC inferred resource estimation at the Banfora Gold Project in Burkina Faso. JORC inferred resource estimate on Nogbele & Fourkoura deposits at the Banfora Gold Project consist of 14Mt @ 2.4g/t for 1,100,000 oz gold. Mineralization remains open at depth and along strike at both Nogbele and Fourkoura deposits and the resource is shallow with 90% above 100 meters depth.

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