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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Comment by red911on May 25, 2013 8:18pm

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Post# 21441643

RE: RE: RE: GMP

Given Waterton's thorough analysis and strict criteria and the fact that they did lend millions, none of this is related to the property. We have also been told nothing to suggest otherwise. Therefore with such experienced management how is such dismal performance possible? Consistently over such a long period? Really? Boiler failure just as new ore mining was to start and new equipment was to be installed that was to dramatically increase production? Really? No other lenders or options out there but Waterton? We know that one was not true. Disgusting. >

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