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Gryphon Gold Corp GYPHQ

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

Bullboard Posts
Post by red911on Apr 09, 2012 9:38am
197 Views
Post# 19770993

Next up...

Next up...

Anxious to see deal with Waterton formally close... dore assays to finally see some production numbers (even if from initial 'test' bars)... some guidance re: production going forward (as long as it is expected to ramp up I am happy)... expansion plans... and agressive drill program.

Current market cap would seem to suggest we are mining granite... actually think the gravel at Borealis is probably worth more than current market cap LOL.

red911

April 3: "The dore bars have been sent for laboratory testing and full results of the weight and the percentage of gold and silver contained in the bars are expected to be received in the next one to two weeks."

Bullboard Posts