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 LTIO540Jon Mar 14, 2012 10:45am

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Post# 19667863

The Gold Report with Bo Chew

From 11 March 2012

"Another company that has really been beaten up due to delays is Gryphon Gold Corp. (GGN:TSX; GYPH:OTCBB). It was supposed to be in production at 43 Koz gold per year this March. It has about a 2.1 Moz combined resource in Nevada; $1,000/oz of operating cash flow times 43 Koz is $43M on a market cap of $30M. In addition, there are three new anomalies that have been identified, each significantly larger and shallower than the main sulfide resource, which is about 1.1–1.2 Moz. So, there is potential for Gryphon to get into the 3–5 Moz size. "

Here's the link if interested;

https://etfdailynews.com/2012/03/11/bo-chew-select-gold-silver-mid-caps-for-near-term-action-gld-gdx-gdxj-aem-kgc-ccj-ng-mvg/

LTIO540J

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