Sydney - Tuesday - August 22: (RWE Australian Business News) - Gryphon Minerals Ltd (GRY) reports results from the recently completed Reverse Circulation (RC) drill program targeting two regional prospects at the highly prospective Banfora Gold Project, Burkina Faso - West Africa. The RC drill program is the first undertaken by Gryphon Minerals Ltd that targets gold mineralisation outside of the highly prospective Nogbele granodiorite where the Company's previous drill intercepts include 16 metres at 5.44g/t Au from surface. First pass drilling has been completed on two target areas, known as the Fourkoura and Kassangara Prospects, both of which intersected significant gold mineralisation. The Company considers the results from its first regional drill program as extremely significant and again reinforces the potential for the Banfora Gold Project to host large-scale gold mineralization. Significant selected drill results from the Fourkoura Prospect include: BNRC296 - 16m @ 8.95g/t Au from 32m Including 8m @ 15.05g/t from 32m BNRC291 - 8m @ 3.01g/t Au from 0m BNRC292 - 16m @ 1.92g/t Au from 16m Including 8m @3.22g/t Au from 20m BNRC293 - 8m @ 2.28g/t Au from 40m.
GRY Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held
