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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 toroshtoon Jan 07, 2013 8:34am
191 Views
Post# 20804623

RE: NR: Gryphon Gold Provides Operational Update..

RE: NR: Gryphon Gold Provides Operational Update..

Of all possible bad news, this is the worst. Do not like the tone of the update. This " provided we are able to continue to fund operations"  sounds very negative.

 

Bullboard Posts