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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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From: loantech	10/6/2006 2:17:31 PM
	of 78419

<These holes are located at the northern end of the Graben zone. Hole GGC-G-07, which intercepted 556 ft of 0.01 opt Au represents an excellent length of gold mineralization which also had significant silver values. The hole was ended in mineralization with a grade of 0.60 opt Au at 1,071 ft.> gryphongold.com With the new program ready to expand this zone I just had to add to GGN today. <The Company has expanded on its recent Graben sulphide gold resource (existing 875,000 ounces) drilling success by initiating three new components to the Company's continuing exploration programs. A geophysical survey is scheduled for completion during early September, 2006, designed for targeting sites for the two new drilling programs. A $1.4-million 20-hole drilling program consisting of a series of broad step-out holes along the northern extension of the Graben trend is scheduled to commence in September, 2006. This program is designed to delineate the northern and western limits of the Graben deposit's gold mineralization. Simultaneously the Company is commencing a $550,000 reconnaissance and drilling program designed to determine which of the six other gold mineralized targets identified to date will be the focus of the next exploration program> new.stockwatch.com

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