january quarterly 2012 Tijirit Gold Project, Mauritania With the completion of an initial structural interpretation drill program, ongoing mapping and geophysical and geochemical programmes Gryphon continues to develop its geological understanding of the Tijirit project. Previous historical (Shield Mining Ltd) drilling conducted on the project area have focussed on banded iron formation (BIF) hosted mineralisation, however broad 50 to +100 metre wide zones of alternated ‘halo’ mineralisation show similarities to mineralised greenschist at the adjacent Tasiast Gold Mine that develop peripheral and along strike to the main ore body at Tasiast. A 30,000 metre RC/DD drill campaign has commenced to test these broad mineralised ‘halo’ zones as well as several new previously untested areas within the project. The company is very excited by this upcoming program which will look to test the first 10 highly prospective gold targets over the 1,400 square kilometres Tijirit Gold Project. Drill results will be made available at the earliest opportunity.
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april quarterly 2012
The Company?s maiden 30,000 metre RC/DD drill campaign continues to test these broad mineralised „halo? zones as well as the first 10 highly prospective gold targets over the 1,400km2 Tijirit Gold Project. Samples from the first of these targets have been sent to the lab for assaying and results due during Q2 2012.
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june quarterly 2012 First pass drilling completed on initial targets at Tijirit Gold Project, samples sent to assay labs, results expected in the September quarter.
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sept quarterly 2012
Tijirit Gold Project, Mauritania The Company?s maiden 30,000 metre RC/DD drill campaign has now been completed on the property testing the company?s first 5 target areas and drill results are anticipated during the December quarter 2012. A geochemical auger programme has also commenced over the Tijirit Project area.
GRY Price at posting:
57.5¢ Sentiment: Hold Disclosure: Held
