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

Bullboard Posts

Comment by red911on Jun 21, 2013 3:33pm

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Post# 21556440

RE: MARCH 2012...

Also... December 2011... About 1-2 months before JK fired and JTO appointed CEO... Presentation still on their website... See how long it takes before it disappears LOL...

https://www.gryphongold.com/_resources/ggn_ppt_dec_2011.pdf

Slide 28

Western Pediments

• Controlled source audio-frequency magnetotelluric survey (CSAMT) was calibrated over the known Graben resource
• CSAMT results in Graben showed a +90% correlation to drill results
• CSAMT identified 3 new strong anomalies
• Each anomaly is significantly larger and shallower than the Graben
• These targets present the current best opportunity to potentially significantly grow the gold resource, both oxide and sulfide.

Slide 29

Business Objectives

• Operate an excellent low cost operation taking advantage of a strong commodities market
• Expand Borealis heap leachable gold ounces
• Expand the sulphide (refractory) ounce inventory and develop plans to move these ounces to production
• Evaluate opportunities that would integrate with Borealis assets