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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
Comment by red911on Jan 04, 2013 10:14am
132 Views
Post# 20797188

RE: RE: Warrants...

RE: RE: Warrants...

As per last CC on Nov 15th there was an abundance of significant events scheduled to be completed between Dec 15th and Dec 31st.  Simply put, production expansion efforts should now be complete.  Given they announced pad completion on Dec 5th one would think they would also want to announce the completion of multiple other critically important milestones (crusher, carbon columns, pump, permit, lab).  Given the Holiday Season is now winding down I would expect to hear something positive on these initiatives next week.  But that's JMHO.  If it's not positive maybe we get something late today?  No idea.  If we do get something next week I would hope they will also give us a hint as to initial production from the expanded pad as fluid should now be well past breakthrough.

Bullboard Posts