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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Post by red911on Feb 06, 2012 10:44am

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Post# 19494367

Drilling...

Have said it here many times before... I do not understand why there has not been a greater emphasis on drilling throughout this entire process. Why there has not been a continuous drill program in the background providing consistent results (infill, new zones, etc.) over the past year or so would make production startup issues a lot more tolerable. Since being invested here I have heard ALOT about the potential of the property, the enormous amount of surface work, the extensive targets, etc. yet I have seen an abnormally limited amount of actual drilling for such an exploration company. Drill drill drill. Hard to argue with drill results even in the face of production issues. JMHO.

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