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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
Comment by Kiwi3on Jun 26, 2012 10:14pm
210 Views
Post# 20057454

RE: RE: GGN Update

RE: RE: GGN Update

Spec. Management is communicating and they are communicating progress and committed to keeping it up on a quarterly basis. This is good. Looking forward to their longer term strategic plan. 40% recoveries on releach is very good. If the stock drops I am in for 400,000. 

They will get the help they need on the sulphides but remember there are a lot more oxides that should come. Eventually a parallel oxide and sulphide operation just like Allied. About as good as it gets in a jurisdication where the locals are not going to try to nationalize your assets and the local communities are not extortionists.

Bullboard Posts