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Gryphon Gold Corp GYPHQ

Metals & Mining Gold
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

Gryphon Gold Corp
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Post by red911on Nov 22, 2011 12:55pm
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Post# 19257867

Drill Results...

Drill Results...GGN announced a 3,600 ft drill program on Sep 28th (also announced expanding to 7,600 ft.).  8 weeks ago tomorrow.  Using a similar program from last year as a timeline reference, initial assays could/should be comingat any time IMO.  Last year they mobilized 1 RC drill rig on Apr 27th to complete a 7,000 ft. program.  Initial results (~1,500 ft.) were released just 4 weeks later on May 25th.  Another 6 holes (~600 ft., some very short) were released just 3 days later on May 28th.  The entire 7,000 ft. program took about 12 weeks between sart-up and final assay NR.   Therefore, at this rate the recently announced 3,600 ft. initial program should have been completed and assayed or nearly completed and assayed by now IMO.  red911
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