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 paperboy222on Apr 14, 2011 12:14pm

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Post# 18431187

RE: RE: RE: IRR...

Kiwi

No where can I find where management states they will only be mining= leaching the oxi's They simply state this is the 1st process in recovery ofsome nice $$$ that will also go to the coffers in making profitable income while the mine is going forward. I am sure they to are after nuggets and rocks and not flakes of gold sitting in a swamp pond.

Off to Red Deer

Cheers

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