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.

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Gryphon Gold Corp

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Post by sittighton Feb 01, 2013 5:34pm

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Post# 20927138

jim said

400,000 dollar repayment does not start till march....should be crushing about 150,000 tons a day by mid febuary...so by april we should be up around 40,000 ounce a year production....got 200 ounces out of this weeks pour....solution flows have been good...wind has been more of a problem....virgin ore will be put on pad around mid febuary....

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