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 red911on Nov 14, 2012 10:37am

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Post# 20598267

Drilling...

I notice drill results are being rewarded more than earlier in the year. Let's see some exploration drilling here, sooner rather than later. RC drilling is cheap and very fast. I bought here long ago for the expansion potential. For some reason there has not been 1 exploratory hole drilled here in what feels like years. Why? IMO even with production hiccups it would be hard for the market to ignore an ever growing deposit.

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