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Gryphon Gold Corp GYPHQ

Gryphon Gold Corporation is a mine development company. The Company's principal asset is Borealis property. The Borealis Property is 27.5 square miles located in the Walker Lane gold belt of western Nevada. The Company's land position covers approximately 17,600 acres for the Borealis property and over 60 Nevada exploration properties, which cover approximately 70 square miles in the state's gold trends. The Borealis property has approximately 1.4 million ounces of measured and indicated gold resources, and approximately 1.1 million ounces of inferred gold resources have been accredited to the one square mile Central Borealis zone. Its Borealis property has over five other prospective zones that are being explored, which have the potential to host significant gold resources. The Company continued drilling on the Borealis property in the Graben resource, and in the central and western pediment areas.


GREY:GYPHQ - Post by User

Bullboard Posts
Post by red911on Oct 17, 2011 1:36pm
214 Views
Post# 19156275

150 dry tons...

150 dry tons..."Gryphon made an initial shipment in September of 150 dry pounds of partially loaded carbon in September. This initial shipment allowed for the confirmation in procedures concerning shipment, receiving, sampling, assaying, security and settlement.".... From this test sample they know what preliminary recoveries here will be... give or take... they knew this weeks ago... maybe that was the reason they decided to start "aggressive Borealis exploration" ASAP... well ahead of schedule or actual revenue... possible. red911
Bullboard Posts