Gryphon Minerals Stand Number: J 14

Gryphon Minerals (ASX:GRY) is aggressively focussed on advancing the Banfora Gold Project in Burkina Faso, as well as its pipeline of new and exciting projects in Mauritania including the Tijirit Gold Project adjacent to Kinross’s world class Tasiast Gold Mine.

The Company recently announced a resource of 29Mt @ 2.1g/t for 2,000,000oz gold at its flagship Banfora Gold Project. The Project has numerous regional exploration targets with real potential for Gryphon Minerals to uncover a multi-million ounce gold district in the near term. The Banfora Project area covers 1,200km2 and mineralisation drilled so far is shallow with 80% less than 100 meters from surface and with scope to extend this considerably deeper with further drilling. The Project is in a major gold producing district, host to such world class gold deposits as Randgold’s Tongon (4.2Moz), Resolute’s Syama (5 Million oz Au mined & 6.5 Million oz Au in resources) and Randgold/Anglo Ashanti’s Morila (6.5Moz).

The Company recently acquired fellow ASX company Shield Mining (ASX:SHX) which now gives Gryphon exposure to a number of highly prospective gold and copper projects including the Tijirit project adjacent to the world-class Tasiast Gold Mine currently owned by Redback/Kinross.

Gryphon Minerals has world-class shareholder support including the IFC (World Bank Group), Baker Steel, Genesis Fund and other international institutional and sophisticated investors.

Gryphon Minerals holds a strategic shareholding (approx 15%) in Renaissance Minerals Ltd (ASX:RNS), an Australian focussed gold explorer with over 3,000km2 of highly prospective and strategic landholdings in Western Australia and Alaska, as well as a strategic alliance with Tawana Ltd (ASX:TAW) focussing on exploration opportunities in West Africa.