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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
Bullboard Posts
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(10)
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Comment by red911on May 01, 2012 10:02pm
191 Views
Post# 19859517

RE: RE: RE: RE: $$$$

RE: RE: RE: RE: $$$$I would have liked to see more detail re: drilling plans. How many feet? How many rigs? Where? Why? Surely these plans exist... why not tell us about them? Drill programs are always announced with a little more detail than 'yeah we plan to drill to expand resources', aren't they? Now that money situation is solved I don't understand why they wouldn't want to communiicate plans in at least some detail. They did mine planning drilling last year so as I posted earlier you would think this drilling will be purely exploratory... as the release on their website states... which is great news given targets they have. RC drilling is cheap and quick. Even at these early production rates cash flow can easliy finance a significant RC drill program. Production news is great but IMO we could also see drill results propel this stock significantly over the coming weeks and months. >
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities