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 darwindon Oct 07, 2011 1:57pm

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Post# 19130533

RE: RE: RE: Gotta Check

I agree if you want to look at a good model for Gryphon check out Allied Nevada. "The Hycroft mine also has over 3 million ounces of gold in the sulfide measured and indicated resource category. Allied Nevada is in the initial stages of preparing a feasibility study to determine the economic viability of mining this sulphide mineralization. It is currently expected that this study will be completed by mid-2011. " I think Gryphon could be a buy out candidate for Allied. https://goldstocksdaily.com/2011/03/06/allied-nevada/

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