The Collurabbie project covers approximately 270km2 and hosts both the Northern and the Southern extensions of the sequence of ultramafic and mafic rock types that host the mineralisation at the Collurabbie Joint Venture Nickel Discovery (BHP-Falcon Minerals). Gryphon’s tenure is located approximately 30km along strike to the North West and 30km along strike to the South of the Collurabbie Joint Venture Nickel Discovery.
Airborne magnetics and ground electro-magnetic surveying has been completed over the entire greenstone belt within the tenement. Results from the surveys indicated several discrete high priority conductors. These were tested with diamond drilling. The holes intersected massive sulphides and sulphide rich sediments with elevated assays in Co, Cu, Zn, Pt, Pd and Au (up to 0.75% Zn) although no anomalous nickel was intersected in the massive sulphides zones.
Aircore drilling and surface geochemistry has continued to return encouraging results. Several target areas are scheduled for further drilling later in 2009.
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Collurabbie Project (