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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
Post by red911on May 29, 2013 11:36am
122 Views
Post# 21455519

AGM August 2012...

AGM August 2012...

 

 

Strategic Objectives
 
?
Increase production to 25,000 to 30,000 ounces per
year at <$700/ounce cash cost by year end 2012
 
?
Maximize the value of the Borealis property through
further definition drilling and exploration
 
?
Increase gold reserves and deposits through the
acquisition and exploration of additional gold bearing
properties
 
Bullboard Posts