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 davetrouton Jan 16, 2015 12:09pm

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Post# 23328189

new filing in court

On December 30, 2014, a required bankruptcy report regarding schedules of assets and liabilities, statement of financial affairs, monthly operating report or other periodic report was filed in the bankruptcy case of Gryphon Gold Corporation and its affiliates.

The filing was assigned docket number 288 and is described on the court’s official docket as follows:

Monthly Operating Report for Filing Period Ending November 2014 (LOVATO, CHRISTINA)

Gryphon Gold Corporation filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on July 29, 2013. The bankruptcy case is pending before the United States Bankruptcy Court for the District of Nevada. The case number for the lead bankruptcy case is 13-51496. The bankruptcy case is currently assigned to United States Bankruptcy Judge Mike Nakagawa. The law firm of Harris Law Practice LLC is acting as lead bankruptcy counsel to Gryphon Gold Corporation in the bankruptcy case.

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