Projects

Tijirit Project

The Tijirit Gold Project is located in the North-West of Mauritania, West Africa in a highly prospective and

underexplored gold district that hosts Kinross world class Tasiast gold deposits (+21Moz inclusive).

The project is wholly owned by Gryphon and contains continuous exploration licenses covering approximately 1,460 square kilometres of a highly prospective and underexplored gold district. The project is easily accessible by road and only 300km from the capital of Nouakchott.

Results of the first pass historical drilling by the previous project owner Shield Mining included:

Of the limited drilling within the project area the majority has been drilled to less than 50m vertical depth in places. Mineralised zones over 150m wide have been intersected in places. Since January 2011, the company has undertaken geological reviews of the Project. From these reviews the company undertook its first exploration programmes that included detailed airborne aeromagnetic studies, scope geological and regolith interpretations and ground mapping. A small 10 hole Diamond Drill programme was also completed to better define the geological understanding beneath the weathered horizon. From these studies, the company has generated its first gold targets which it will be testing with an initial 30,000m Reverse Circulation (RC) programme in the fourth quarter of this year.