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 Kiwi3on Feb 06, 2013 4:02pm

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Post# 20948408

Audit

We have been all over the map on Gryphon simply because we do not have the facts. I think a special business practices audit review and report from the audit committee is warranted under these circumstances to be presented to the shareholders within 60 days covering the period Oct1, 2012 to January 31, 2013.

I will file the request to the Audit Committee of Gryphon and Borealis mining Company. If they refuse our lawyers will register a complaint to the TMX but Mr O'Neil is a professional accountant, CPA, so I do not think there will be any issues complying with the request. A review in these circumstances is a responsibility of the Audit Committee in any case so it is probably already in progress.

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