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 Feb 06, 2012 12:34pm

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Post# 19495123

RE: RE: Production Numbers...

re: CC... I am really glad they are doing this in addition to lengthy NR. Many companies just issue NR and keep you guessing.

They are taking questions so hopefully some good ones are asked. I am curious about... timeline for pump fix?, timeline for full production?, plans to reduce gold sales bottleneck?, previously announced drill program?, new drill programs?, analyst site visits planned?, plans to adopt shareholders rights plan (we do now have a producing gold property)?, interest from other parties available if need be?, more detail re: royalty holders claim?... etc. etc.

Even though the update was disappointing I actually feel a lot better knowing where we stand and prospects for the future look bright... a little behind but bright IMO.

red911

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