Banfora resource doubled

GRYPHON Minerals has announced a 100% increase to the gold resource at its flagship Banfora project in Burkina Faso, west Africa.

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After emerging from a trading halt this morning, Gryphon shares soared 30% or 5c to 22c on the news.

The Nogbele and Fourkoura deposits now have an inferred resource of 10.6 million tonnes grading 2.