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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
Bullboard Posts
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Comment by red911on May 01, 2012 3:09pm
176 Views
Post# 19857958

RE: RE: RE: RE: RE: Very interesting truthbesold

RE: RE: RE: RE: RE: Very interesting truthbesold

The link to their December 2011 presentation still works...

https://www.gryphongold.com/_resources/ggn_ppt_dec_2011.pdf

See slide 23 and on for discussion re: exploration potential. None of this should have changed.

Wish they would release some detail on this program but it doesn't seem that way... i.e. Will there be Western Pedmient drilling?... Slide 28... CSAMT was calibrated over the known Graben resource... CSAMT results in Graben showed a +90% correlation to drill results... CSAMT identified 3 new strong anomalies... Each anomaly is significantly larger and shallower than the Graben... These targets present the current best opportunity to potentially significantly grow the gold resource, both oxide and sulfide.

Yet we have no idea if or when these areas will even be tested with this program. 3 new Grabens would certainly generate some interest, wouldn't they?

With such a small oxide operation drilling should be a top priority.

red911

Bullboard Posts
Dealroom for high-potential pre-IPO opportunities