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 Dec 28, 2012 2:10pm

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Post# 20778193

RE: RE: RE: RE: RE: RE: RE: RE: Insurance

The permit was expected mid-Dec and had already passed through one regulatory agency as of last CC in Nov. They also made it quite clear they didn't expect any issues. Also, all equiptment was ordered and/or onsite and expected to be operational by Dec 31, including lab. I can't see them bothering with the expense of a lab unless they knew they had the room cash-wise. Next update has the potential to be an eye-opener. Maybe even include some prelim production numbers??>

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Futures Flat Amid Key Data in Canada and US