ASX Announcement
Thursday, 31 October 2013
Shareholder Update:
Mine Permitting & Optimisation Studies
Nearing Completion
Corporate Directory
Non-Executive Chairman
Mel Ashton
Managing Director
Stephen Parsons
Non-Executive Director
Didier Murcia
Company Secretary
Sarah Smith
4.9Moz
Banfora Gold Project
Burkina Faso
West Africa
~$52 Million
Cash & ASX Holdings
Contact Details
Principal & Registered Office
Freemasons Hall
181 Roberts Road
SUBIACO WA 6008
T: +61 8 9287 4333
F: +61 8 9287 4334
E: admin@gryphonminerals.com.au
ASX CODE GRY
Investor Relations
MAGNUS Investor Relations
John Gardner
T: +61 413 355 997 www.gryphonminerals.com.au
Dear fellow Gryphon shareholder,
Following the release of the September 2013 quarterly report and on behalf of the Board I would like to take this opportunity to provide you with an update on the advancements we have made at the Banfora Gold Project in Burkina Faso, and also results following the implementation of our 'de-risk, get ready & add value' strategy.
During the September quarter Gryphon made considerable progress toward a number of key goals at its flagship Banfora Gold Project.
Optimisation Studies
Studies are well advanced with an update of findings expected in early
2014. The studies are focused on the following key areas: