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.

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Gryphon Gold Corp

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Comment by red911on Mar 10, 2013 8:36pm

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Post# 21108729

RE: RE: RE: RE: Crickets...

Interesting. Truth be known... 100% of the property and a 16% royalty to landowners is better than the current situation for shareholders. Shareholders must do whatever possible to protect their rights here and I think they will. The terms of this JV are disgusting. Just because you are in charge does not mean you can do things that make no sense. There are responsibilities. GGN can't even update shareholders on production. IMO If they want shareholders to back off then they have to demonstrate how this deal benefits them and fast. Not acceptable. Last call says it all IMO.>

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