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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Post by sittighton May 14, 2011 5:29am

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Post# 18576008

the big nut

was finanancing... it.will be finalized next week....by the second week of june we will be moving dirt.....cost to produce an ounce$530.00....grades are higher then those in pre feasibility...prospectivity is enormous....well north of 5 mil ounces....the shares outstanding will be meaningless when the dollar implodes...39,000 ounces production in a little over ayear...makes gryphon number 6 in nevada....contracts are signed....john keys at the helm.....it is BEAUTIFUL....

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