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

Comment by red911on Apr 23, 2013 10:34am

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Post# 21287730

RE: RE: still no mine plan

All that needs to be done (short-term) is to refinance the existing debt ($5M due July 31 plus senior facility). Would not seem to be an impossible task given prospect of cash flow in Q3 which shold be able to support senior facility payments. Where there's a 'will' here's a way. Is there a 'will' is the question?

More large orders this AM.

red911

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