GRYPHON MINERALS LIMITED: ASX RELEASE |
ASX Announcement and Media Release
Monday, 17 th September 2007
Maiden Resource 410,000oz Gold, Banfora Project West Africa
Highlights:
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Maiden JORC resource estimate on Nogbele & Fourkoura Prospects at the Banfora Gold Project of 6.4Mt @ 2.1g/t for 410,000oz gold.
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Mineralization remains open at both Nogbele and Fourkoura.
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93% of resource above 100 meters depth.
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Significant drill hits outside of Nogbele resource for immediate follow up include 16m @ 3.65g/t Au from 20m in BNRC439 & 16m @ 2.11g/t Au from 4m & 28m @ 1.41g/t Au from 24m in
BNRC372.
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On‐going 15,000m RC drill programme at Nogbele & Fourkoura to test initially for shallow extensions along
strike and later at depth.
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Less than US$10 per ounce discovery costs.
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Commencement of major reconnaissance RAB drilling on new high priority regional targets.
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On‐going regional soil geochemical programme covering 500km2 of previously
untested areas.
Full details are included in the attached ASX Announcement which was lodged by Gryphon Minerals today.
Download the full ASX Announcement by clicking here.
ACN 107 690 657 Freemasons Hall, 181 Roberts Road, Subiaco WA 6008 PO Box 536 West Perth WA 6872 T: + 61 8
9287 4333 F: + 61 8 9287 4334 E: admin@gryphonminerals.com.au W: www.gryphonminerals.com.au
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Gryphon Minerals Limited
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EXPLORATION STAGE |
CODE : GRY.AX |
ISIN : AU000000GRY4 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Gryphon Min. is a gold and nickel exploration company based in Australia. Gryphon Min. holds various exploration projects in Australia. Its main exploration properties are COLLURABBIE SOUTH, MOUNT WINDARRA, DUGGAN PROJECT, MULGABBIE PROJECT, MOUNT RANKIN, WEST BENDERING, MT ISA PROJECTS, WEST KIMBERLEY and RADIO PROJECT in Australia and BANFORA in Burkina Faso. Gryphon Min. is listed in Australia. Its market capitalisation is AU$ 82.3 millions as of today (€ 73.4 millions). Its stock quote reached its highest recent level on April 15, 2011 at AU$ 2.12, and its lowest recent point on December 05, 2014 at AU$ 0.04. Gryphon Min. has 401 460 000 shares outstanding. |