Gryphon Minerals Ltd says drilling at a new target zone has...

Gryphon Minerals Ltd says drilling at a new target zone has intersected a significant gold mineralisaton at its Banfora project in West Africa.

The company said drilling results included grades as high as 8.24 grams per tonne of gold at four metres of depth at the project in Burkina Faso.

"The results are very significant as they are from a new target area outside of the current known resources at the Banfora gold project," Gryphon said in a statement