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 Kiwi3on Dec 31, 2014 7:08pm

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Post# 23277201

RE:HAPPY NEW YEAR

Hi, A buyer for Waterton's ownership after they get skinned and fried by the courts can be arranged. This would include an extended payout of the Waterton debt so they will be ok and do well but the Esmeralda Mill would have to be part of it so we can expand beyond leaching oxides. If is sounds far fetched, that was the plan before the directors sold their souls to Waterton. This is not something a group like Waterton want to continue to be associated with as their actions are just giving them a bad name. You do not build a mining company that way anymore. Upset any more people in Nevada and the results will not be something Waterton will want to deal with. I do not think they realize this yet but will soon when the state starts digging into their fund shareholding especially the new fund. Be nice and supportive of Nevada as it is their land and they provide the licences-lest we forget. A lot of people in Nevada are being hurt right now in addition to the other stakeholders.

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