Strategic Alliance with Gryphon Minerals Ltd formally executed...

Strategic Alliance with Gryphon Minerals Ltd formally executed and two
highly prospective licences issued in Liberia, West Africa
Highlights
 Strategic Alliance agreements formally executed by Boards of Tawana and Gryphon.
 Two highly prospective mineral licences issued in Liberia adjacent to 5Moz Ity Gold mine and along
strike from 1.5Moz New Liberty gold deposit.
 Three additional applications pending for a total of five permits covering approximately 3800km2 of
under‐explored and highly prospective Archean and Birimian greenstone belts in Liberia.
 Exploration planning underway; field work to commence prior to onset of wet season in June 2011.
 Ongoing commitment for alliance to target prospective areas for gold, iron ore, base metals and
other minerals throughout West Africa.