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

Post by davetrouton Jan 05, 2015 11:47am

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Post# 23286076

Find a buyer

Someone needs to look into PZG (Paramount Gold and Silver) who is in the process of selling their Mexico gold and silver assets in order to focus on their Winnimucca, Nevada heap leach operation that is almost identical to Borealis. They haven't built up any infrastructure at that site. Ours is up and running, with processing capabilities. If their sale is finalized (law suits started over sale price), they get $10million cash that could be used in part to buy out Waterton and have a mine in low cost production. Somebody with large position to protect should look into this.

Bullboard Posts

Corus reports Q1 profit drop in the face of falling revenue