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 Dec 09, 2011 2:26pm

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Post# 19308186

RE: RE: Production Status...

duffman... nice post. like you say it would seem oz//ton figures would have to more than triple from first two shipments to reach expected production for this year. they did sound like they were confident in the steps they were taking would achieve targets albeit reduced targets from plan. it would be nice to know if/when they were successful. also anxious to hear more about use for those funds and drill results. it does feel good to know they are now producing gold and silver every minute of every day. most juniors never accomplish that. theyll figure out the process soon enough imo. but like i said, if they do i think we need to know it.

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