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 Oct 04, 2012 8:12am

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Post# 20446107

RE: new directors

FAU.v... 30K oz Au/year... expected... Waterton financing... cleaned the slate re: BoDs a few months back... would seem Waterton got in there and cleaned house... they state top-notch mgmt is one of their main criteria... and seems to have reorganized finances... they now seem to be on the right track... All said... FAU.v now has 316M shares out with a market cap of $30M... don't think they have yet to produce anything... compare to GGN... 195M shares out with market cap less than $20M pourig dore weekly. Something is not right. If GGN gets this right it would seem upside is significant.

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