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[amerigo]

Was haltet ihr davon?

As Predicted, New “Stock Alert” Gryphon Gold (BB: GYPH) Rallies Big

Stock hits .28 per share today up as much as 40% from our profile price of .20 on Tuesday

“Huge Move Up in GYPH Expected Now”! Quote from Green Baron Wednesday 10/27/10 when GYPH was trading at .186 per share

The Green Baron Report has spent the better part of this week trying to get our members positioned in Gryphon Gold at prices between .17 and .20 per share. Today, we saw GYPH rally big and reward everyone. The stock rallied on heavy volume and hit a high of .28 before ending the day at .25 per share.

We have high hopes for Gryphon Gold, and now that the stock closed above .23 per share it looks very good technically as well. Our Editor in Chief was on Money TV yesterday and the show will air over the weekend in select markets. Go to www.MoneyTV.net if you wish to view the show now. He speaks specifically about Gryphon Gold and why it makes sense.

Please review what we stated in our initial report coverage of Gryphon Gold Corporation on Tuesday, October 25 reprinted below:

The principal asset of Gryphon Gold Corporation is the Borealis Property, 27.5 square miles located in the Walker Lane gold belt of western Nevada. The one square mile Central Borealis zone is accredited with 1.4 million ounces of measured and indicated gold resources and 1.1 million ounces of inferred gold resources. Previous operators have mined and heap leached over 600,000 ounces of gold from this zone during their collective 10-year tenure. There are at least five other highly prospective zones that are currently being explored that have the potential to host significant gold resources.

The Green Baron Report has identified the following reasons why we believe Gryphon Gold Corporation will become highly profitable and makes sense to accumulate now:

· Phase 1 Plan to Recover Gold Reserves at Low Operating Cost in the Near-Term – The reserve of partially leached material will provide leach pad feed for nearly 7 months yielding gold recovery and cash flow to advance the project into in-situ production. Gold production is expected within 3 to 4 months after breaking ground.

· All Major Operating Permits are in Place – The Borealis Project’s Modified Plan of Operations (U.S.F.S) #02-04-08 is approved, the N.D.E.P. Water Pollution Control Permit is approved, the N.D.E.P. Air Quality Permits is approved, the N.D.O.W. Artificial Pond Permit is approved, the Nevada State Water Rights is approved and developed, and the M.S.H.A. Safety Training Plan is approved. These represent all major operating permits needed and should significantly shorten the time required to go into production.

· Proven and Probable Gold Reserves total 377,356 ounces – Gryphon will focus initially on proven and probable reserves identified in its September 21, 2009 Independent Pre-Feasibility Study prepared in accordance with NI 43-101 of the Canadian Securities Administrators.

· Huge Potential for Future Production – The Central Zone of the Borealis Property is accredited with 1.4 million ounces of measured and indicated gold resources. There are another 1.1 million ounces of inferred gold bringing the total of measured, indicated and inferred gold resources to over 2.5 million ounces. Beyond this central zone, Gryphon Gold has identified 12 more targets on the huge property that have geophysical anomalies and favorable geology.

· Gold Production Plan – Gryphon estimates in its slide presentation dated 10-21-10 that it will recover 13,818 ounces in year 1, 35,441 ounces in year 2, 46,435 ounces in year 3, and 56,080 ounces in year 4. At gold prices of $1,300 an ounce, the Company would generate $17.9 million in revenue in year 1, $46 million in year 2, $60.3 million in year 3 and $72.9 million in year 4. These estimates do not include silver production which will add to revenues.

· Experienced Management Team – Gryphon is led by CEO John Key who possesses 32 years of extensive mining experience. Steve Craig, VP of Exploration, has 25 years of mining experience focused in Nevada and is credited with discovery of Midway and Gemfield.

Gryphon Gold is beginning to draw significant investor interest through its recently completed PowerPoint presentation it calls “The Road to Production”. It is rare that a mining company can successfully identify a clear, short-term path to revenues and earnings through precious metal production. We urge all members to view this PPT: http://www.gryphongold.com/...

Our realistic projected revenue and earnings numbers have us at The Green Baron Report very excited about the future for Gryphon, and these achievable numbers indicate that the stock is significantly undervalued. We estimate that Gryphon can earn over $20 million in year 2 and over $30 million in year 3. Even if the share count grows during that time frame, the stock should trade north of $1 by the middle of next year.

At the current price of just .20 per share, GYPH appears very attractive. We maintain that investors are only just beginning to become aware of this stock. GYPH is trending higher for good reason and our members should look for at least 100 to 200% returns in this issue by year-end.

About Gryphon Gold Corporation

Gryphon Gold is a Nevada-focused gold exploration and development company. Its principal gold resource, the 1.4 million ounce (measured and indicated) and 1.1 million ounce (inferred) Borealis deposit, is located in the Walker Lane gold belt of western Nevada. The Borealis gold system is one of the largest known volcanic-hosted high-sulphidation gold bearing mineralized systems in Nevada.

The Borealis Property is described in a technical report dated September 17, 2009 and titled "NI 43-101 Pre-Feasibility Study of the Mineral Resources of the Borealis Gold Project located in Mineral County, Nevada, U.S.A." This report is prepared in accordance with NI 43-101 filed on www.sedar.com. This technical report describes the exploration history, geology, and gold resources at the Borealis Property. Disclosure in this press release of mineral resources is based on the technical report. Details of the quality or grade of each category of mineral resources and key assumptions, parameters, and methods used to estimate the mineral resources are included in the technical reports. The technical report also includes a description of environmental and permitting matters.

[amerigo]

Common Shares Outstanding / 86,401,472

Market Cap / $17.3 million

52-Week High / $.287

52-Week Low / $.061

Average Price / $.15 (50-day) .15 (200-day)

BB: Average Volume / 55,916 (50-day) 36,271 (200-day)

TSX: Average Volume / 131,934 (50-day) 75,727 (200-day)



Gryphon Gold Unveils Fast-Track Schedule that Targets Production of 50,000 Ounces of Gold per Year at Borealis Gold Project in Nevada

Major Permits Already in Place to Quick Start “Road to Production” – Plan is to Utilize Existing Mined Ore to Generate Cash Flow Within Four Months from Ground Breaking

The Green Baron Views GYPH Stock as a Fantastic Way to Profit from Strength in Gold Prices through its Speedy Plan to Generate Precious Metals

GYPH - CLICK FOR FREE LIVE LEVEL II QUOTES

Click Here for Six Month GYPH Stock Chart

Now that gold is trading north of $1,300 per ounce and appears to be headed higher, it makes perfect sense to look for companies that have significant probable and proven gold reserves on its properties. If a Company is already permitted to extract precious metals from a large amount of proven ore reserves, we would be even more inclined to check out its stock. Today, we believe we have hit the mother lode, and you, our loyal members are the beneficiaries.

The Green Baron Report has selected Gryphon Gold Corporation (OTCBB: GYPH, TSX: GGN) as our newest Green Baron “Stock Alert”, and we strongly suggest members accumulate the stock as close to our profile price as possible. Results compiled from the most recent trade prior to dissemination of this report to the subsequent high will be closely monitored at www.thegreenbaron.com and through email updates to members. We have very aggressive price projections for Gryphon Gold and believe the stock has huge upside potential based on several positive fundamental factors.

TRADER’S NOTES: GYPH is a fully registered and reporting company traded on both the OTCBB and Toronto Stock Exchange. The stock is represented by numerous active market makers that keep the spread tight. We suggest going to www.otcmarkets.com and enter the symbol GYPH to get real time Level II market maker quotes for the U.S. traded stock. If you want to get the delayed Canadian TSX quote on Gryphon Gold, enter CA:GGN at the website www.bigcharts.com. Although the trading volume is usually a bit more active on the Toronto Exchange, the U.S. usually sees moderate volume.

GYPH is gaining strength as fundamental factors point to a company that is preparing to go into gold production. The stock recently hit a high of .23 per share and it appears ready to break out to much higher levels. The technical pattern looks tremendous with several higher highs and higher lows seen over the past two months. Our technical indicators suggest a move to at least .50 per share once the next breakout occurs over .23.

The principal asset of Gryphon Gold Corporation is the Borealis Property, 27.5 square miles located in the Walker Lane gold belt of western Nevada. The one square mile Central Borealis zone is accredited with 1.4 million ounces of measured and indicated gold resources and 1.1 million ounces of inferred gold resources. Previous operators have mined and heap leached over 600,000 ounces of gold from this zone during their collective 10-year tenure. There are at least five other highly prospective zones that are currently being explored that have the potential to host significant gold resources.

The Green Baron Report has identified the following reasons why we believe Gryphon Gold Corporation will become highly profitable and makes sense to accumulate now:

· Phase 1 Plan to Recover Gold Reserves at Low Operating Cost in the Near-Term – The reserve of partially leached material will provide leach pad feed for nearly 7 months yielding gold recovery and cash flow to advance the project into in-situ production. Gold production is expected within 3 to 4 months after breaking ground.



· All Major Operating Permits are in Place – The Borealis Project’s Modified Plan of Operations (U.S.F.S) #02-04-08 is approved, the N.D.E.P. Water Pollution Control Permit is approved, the N.D.E.P. Air Quality Permits is approved, the N.D.O.W. Artificial Pond Permit is approved, the Nevada State Water Rights is approved and developed, and the M.S.H.A. Safety Training Plan is approved. These represent all major operating permits needed and should significantly shorten the time required to go into production.

· Proven and Probable Gold Reserves total 377,356 ounces – Gryphon will focus initially on proven and probable reserves identified in its September 21, 2009 Independent Pre-Feasibility Study prepared in accordance with NI 43-101 of the Canadian Securities Administrators.

· Huge Potential for Future Production – The Central Zone of the Borealis Property is accredited with 1.4 million ounces of measured and indicated gold resources. There are another 1.1 million ounces of inferred gold bringing the total of measured, indicated and inferred gold resources to over 2.5 million ounces. Beyond this central zone, Gryphon Gold has identified 12 more targets on the huge property that have geophysical anomalies and favorable geology.

· Gold Production Plan – Gryphon estimates in its slide presentation dated 10-21-10 that it will recover 13,818 ounces in year 1, 35,441 ounces in year 2, 46,435 ounces in year 3, and 56,080 ounces in year 4. At gold prices of $1,300 an ounce, the Company would generate $17.9 million in revenue in year 1, $46 million in year 2, $60.3 million in year 3 and $72.9 million in year 4. These estimates do not include silver production which will add to revenues.

· Experienced Management Team – Gryphon is led by CEO John Key who possesses 32 years of extensive mining experience. Steve Craig, VP of Exploration, has 25 years of mining experience focused in Nevada and is credited with discovery of Midway and Gemfield.

Gryphon Gold is beginning to draw significant investor interest through its recently completed PowerPoint presentation it calls “The Road to Production”. It is rare that a mining company can successfully identify a clear, short-term path to revenues and earnings through precious metal production. We urge all members to view this PPT: http://www.gryphongold.com/...

Our realistic projected revenue and earnings numbers have us at The Green Baron Report very excited about the future for Gryphon, and these achievable numbers indicate that the stock is significantly undervalued. We estimate that Gryphon can earn over $20 million in year 2 and over $30 million in year 3. Even if the share count grows during that time frame, the stock should trade north of $1 by the middle of next year.

At the current price of just .20 per share, GYPH appears very attractive. We maintain that investors are only just beginning to become aware of this stock. GYPH is trending higher for good reason, and our members should look for at least 100 to 200% returns in this issue by year-end.

About Gryphon Gold Corporation

Gryphon Gold is a Nevada-focused gold exploration and development company. Its principal gold resource, the 1.4 million ounce (measured and indicated) and 1.1 million ounce (inferred) Borealis deposit, is located in the Walker Lane gold belt of western Nevada. The Borealis gold system is one of the largest known volcanic-hosted high-sulphidation gold bearing mineralized systems in Nevada.

The Borealis Property is described in a technical report dated September 17, 2009 and titled "NI 43-101 Pre-Feasibility Study of the Mineral Resources of the Borealis Gold Project located in Mineral County, Nevada, U.S.A." This report is prepared in accordance with NI 43-101 filed on www.sedar.com. This technical report describes the exploration history, geology, and gold resources at the Borealis Property. Disclosure in this press release of mineral resources is based on the technical report. Details of the quality or grade of each category of mineral resources and key assumptions, parameters, and methods used to estimate the mineral resources are included in the technical reports. The technical report also includes a deion of environmental and permitting matters.

The technical information in this press release was approved by Mr. Steven Craig, VP of Exploration of Gryphon Gold Corporation, and is a Qualified Person as defined by National Instrument 43-101 of the Canadian Securities Administrators.

Full financial statements and securities filings are available on Gryphon's website: www.gryphongold.com and www.sec.gov or www.sedar.com.

Recent Key Press Releases

Friday, October 22, 2010 - Gryphon Gold Announces Engagement of Public Relations Firm - VANCOUVER, BRITISH COLUMBIA - (MARKET WIRE) - Gryphon Gold Corporation ("Gryphon Gold") (TSX:GGN)(OTCBB:GYPH) is pleased to announce it has retained Nevada based Price Target Media, Inc. ("PTM") to provide public relations services. PTM will assist Gryphon Gold in developing an integrated marketing, public relations and media strategy. As part of its mandate, PTM will coordinate the dissemination of information about Gryphon Gold to various media outlets. The principal aim of Gryphon Gold's integrated public relations strategy will be to raise awareness of Gryphon Gold and its development plans for the Borealis property.

"I look forward to working with PTM in raising our stakeholders' awareness of our previously announced plans to bring the Borealis Project to production," stated John Key, Gryphon Gold's CEO.

The agreement with PTM is for an initial period of six months, which may be renewed. PTM's compensation is payable in cash and, subject to TSX approval, shares and stock options.

Thursday, October 21, 2010 - Gryphon Gold Road to Production - Gryphon Gold Corporation (TSX: GGN) (OTCBB: GYPH) is pleased to announce that the Board of Directors has developed a strategy to expedite the Borealis Heap Leach Project production timeline, assuming adequate financing and regulatory approval. The focus of this strategic direction will be to finalize certain critical data pertaining to the Freedom Flats Re-Leach and secure the financing for a scaled down version of the start-up of mining operation. The scaled down version is based on staging the capital requirements set out in the September 17, 2009 Pre-Feasibility Study which forms part of the technical report described below ("NI 43-101 Pre-Feasibility Study of the Mineral Resources of the Borealis Gold Project Located in Mineral County, Nevada, USA"). This direction would result in a scaled down production model that is projected to produce positive cash flow in a timeframe of three to four months after breaking ground.

Gryphon Gold Corporation has posted a presentation titled "The Road to Production" on its website at http://www.gryphongold.com/main/presentation. Management believes the "Road to Production" presentation outlines a viable straightforward low capital approach to using existing mined resources to produce cash flow and using that cash flow to finance the requirements to reach the full projected production goal of 50,000 oz./year Au as defined in the September 2009 43-101 Pre-Feasibility.

The "Road to Production" presents a plan that outlines management's strategic objectives and the path forward including timelines. The above referenced critical data is scheduled to be confirmed by late December 2010 which should allow for ground breaking in early 2011 and subsequent start of production in the 2nd quarter of 2011 with the specific dates dependent on completion of financing and the end of the winter hard freeze. Capital requirements to be secured for the completion of Phase 1 are projected to be in the range of $7 - $8 million.

"I am very pleased with our Board of Directors vote of confidence in management's plan to move the Borealis Oxide Heap Leach forward to production. The preliminary steps to production are expected to be handled in short order allowing us to seek the required financing for Phase 1 construction. This strategic direction should provide the opportunity to bring the Borealis to its full potential," stated John Key, Gryphon Gold CEO.

The "Road to Production" is based on upon a quick start to this permitted (all major permits are in place) resource by utilizing already mined materials and generating cash flow in a 4 month period from ground-breaking. The Phase 1 concept is to recover material that was partially leached and recover gold at a very low operating cost. The reserve of partially leached material will provide leach pad feed for nearly 7 months, yielding gold recovery and cash flow to advance the project into in-situ production. Gold recovery for the first 12 months will be gold to carbon with the gold recovery from the carbon being done on a toll basis.

In an eight month period two critical steps are expected to be taken: 1) construction of the A.D.R. plant will commence, and 2) in-situ ore will begin to be mined from the East Ridge pit subject to obtaining the required financing for Phase 1. Completion of the A.D.R. six months later will be the final mark to accomplishing the critical elements of the September 17, 2009 NI 43-101 Pre-Feasibility Study allowing for the achievement of the 50,000 ounces gold/year production benchmark.

Thursday, August 19, 2010 - Gryphon Gold Announces Extension of Option to Fix Borealis Royalty - Gryphon Gold Corporation is pleased to announce that it has entered into an agreement to extend until February 22, 2011 its right to fix the Net Smelter Return (NSR) royalty at 5% on its Borealis property.

The Borealis Oxide Project is the subject of a NI 43-101 Pre-Feasibility filed on SEDAR in September 2009. Gryphon Gold controls 100% of the Borealis deposit which is located in the Walker Lane gold belt of western Nevada.

The royalty option was entered into on August 23, 2008 and extended on August 7, 2009 and again on February 12, 2010. Gryphon Gold may exercise the option at any time up to February 22, 2011 to fix the NSR royalty at 5%. The current NSR royalty is variable based on a formula, which is calculated as the price of gold divided by one hundred expressed as a percentage; i.e. at a gold price of $1,000/ounce the NSR royalty rate would be 10.0%.

To exercise the option Gryphon Gold will pay the NSR royalty holders US$1,750,000 cash, 7,726,250 common shares of Gryphon Gold, and a three year (from date of exercise of the option) US$1,909,500 debenture bearing interest at 5% p.a., convertible into common shares of Gryphon Gold at $0.70/share for the first year of the three year term and escalating by $0.10/share per year until maturity. Gryphon Gold has paid a fee of $150,000 to extend the option to February 22, 2011.

"I thank the royalty holders' for their confidence in Gryphon Gold's ability to advance the project to production. The extension of the royalty agreement is a key component in taking the property forward through financing and construction. Once again having total control over the Borealis, as a result of the termination of the option previously granted to a third party, gives us the ability to evaluate options not under consideration while that third party had an option to enter into a joint venture on the Borealis property. Our plans are to continue to advance the project through additional drilling, column testing of the re-leach materials and to evaluate potential marketing of the higher grade oxide gold ores. We will renew our financing efforts to achieve production in the near term," said John Key, CEO of Gryphon Gold.

Friday, August 13, 2010 - Gryphon Gold Announces Financial Results for 1st Quarter Ended June 30, 2010 - Gryphon Gold Corporation reported a net loss of $392,593or $0.01 from continued operations and net income of $653,949 or $0.01 from discontinued operations compared to a net loss of $395,716 or $0.01 per share in the same period in the prior year.

During the quarter ended June 30, 2010:

· On April 23, 2010, the Company sold its wholly owned subsidiary, Nevada Eagle Resources LLC to Fronteer Development (USA) Inc. for $4,750,000. Fronteer paid $2,250,000 in cash and $2,500,000 by assuming Gryphon Gold's obligations under a convertible note, which was retired. In addition, Gryphon Gold retained the Copper Basin property located in Idaho.

· During the quarter ended June 30, 2010, approximately 21 holes and 5,580 feet of reverse circulation drilling and 3 holes and 110 feet of metallurgical core drilling was completed on the Borealis Property. The results of this drill program can be found on the Company's press release dated July 28, 2010.

· The Company retained Mr. Matthew A. Fowler of Sharp Executive Associates, Inc. as Interim Chief Financial Officer.

· On June 16, 2010, the Company completed a private placement of 1,464,429 units at Cdn$0.14 for gross proceeds of $200,000 (Cdn$205,020). Each unit consisted of one common share and one half series M warrant. Each series M warrant entitles the holder to purchase a common share at a price of US$0.20 per share for a period of 24 months. The Company has a right to force warrant holders to exercise warrants, if the common share price of the Company remains equal to or greater than, Cdn$0.60 per common share, for a period of twenty consecutive days.

On August 1, 2010, the Company appointed Ms. Lisanna M Lewis as Vice President (formerly Controller) of the Company. Ms. Lewis will continue to serve as Treasurer and Corporate Secretary to the Company.

Exploration expenses during the quarter ended June 30, 2010 were $385,639 or 38% of our total expenses compared to $277,453 or 63% of our total expenses in the prior year. Most of the exploration costs recognized in the current quarter were for completing all ongoing property lease payments and a small oxide drill program. During the quarter ended June 30, 2010, approximately 21 holes and 5,580 feet of reverse circulation drilling and 3 holes and 110 feet of metallurgical core drilling was completed on the Borealis Property. There was no drilling in the prior year's comparable quarter.

Management salaries and consulting fees in the quarter ended June 30, 2010 were $313,928 compared to $95,764 incurred in the quarter ended June 30, 2009. Total non-cash compensation expense due to the recognition of costs related to stock options, was $40,139 in the quarter ended June 30, 2010 compared to the prior year's fiscal first quarter of $49,364. Management salaries and consulting fees during the quarter increased due to the CEO returning to full time, the hiring of a VP of Exploration and a bonus of $97,500 paid to the CEO. General and administrative costs increased to $139,833 compared to $56,342 the prior year's quarter as a result of our efforts to increase investor relations activity. Legal and audit fees for the period were $57,413, an increase from the prior year's quarter of $23,107. These costs increased due to the sale of Nevada Eagle Resources and the Option Agreement with Sage. Travel and accommodation costs during the quarter ended June 30, 2010 were $33,538, compared to $4,914 expended on travel in the prior year's comparable quarter. The increase in travel and entertainment cost is due primarily to travel costs incurred in relation to the Option Agreement with Sage.

We hold certain securities for trading. We receive these securities as partial payment of lease obligations for Nevada Eagle exploration properties. When we receive these shares, they have trading restrictions and we cannot sell them for approximately four to six months from the date of receipt. During the quarter ended June 30, 2010, we sold a number of these securities and received $73,810 in proceeds and recorded a realized gain of $19,060. This realized gain was partially offset by unrealized losses recorded in prior reporting periods as we reduced the carrying value of the securities to their quoted market value.

Management

John Key, Chief Executive Officer and Director - Mr. Key was appointed February 5, 2008 as Chief Operating Officer and has since been appointed President, CEO, and Director (July 21, 2008). Mr. Key is a graduate of the University of Missouri – Rolla with an M.S. in Mining Engineer. He possesses 32 years of extensive mining experience. He worked for the Teck Cominco organization from 1973 to 2004 during which time he was directly responsible for running, in succession, the Magmont, Polaris, and Red Dog mines and also served as General Manager Projects. Mr. Key oversaw over $300 million in capital expansions at Red Dog.

Matthew A. Fowler, Interim Chief Financial Officer - Mr. Fowler has six years of investment, corporate finance and Securities and Exchange Commission (SEC) accounting experience. Over his career he has held leadership roles with Strata Partners, LLC a boutique Investment bank in Seattle, Washington, Octavius Capital Management, LLC a registered Investment adviser serving high net worth individuals and Sharp Executive Associates, Inc., an International Financial Consultancy assisting private, SEC and Toronto Stock Exchange (TSX) listed public companies with their accounting and regulatory compliance needs.

During his career, Mr. Fowler has raised approximately $25 million of institutional capital for private equity investments, invested in numerous private equity transactions and drafted and finalized SEC and TSX documents for publicly listed companies. Mr. Fowler received an AB degree in economics and a Certificate in Accounting from the University of Washington.

Lisanna Lewis, VP, Treasurer, and Secretary - On August 1, 2010 Ms. Lewis was appointed Vice President. Lisanna Lewis, 36, joined our Company in October 2005 as our Office Manager and was appointed our Corporate Controller and Treasurer in August 2007 and Corporate Secretary in November 2008. Ms. Lewis also is responsible for investor relations activity. From 1994 to 2005 Ms. Lewis served as Administration and Operations Manager for Danka Canada Inc.

Steve Craig, VP Exploration –

· 32 years of total exploration experience in the western United States with 25 years focused in Nevada

· Credited with discovery of Midway and Gemfield and participated in early exploration success at Pipeline, Rawhide, and Island gold deposits

Mr. Craig has served as Vice President of Exploration from January 2006 to November 2008 and has been reappointed Vice President of Exploration on April 1, 2010. Previous to his current position with Gryphon Gold, he was Vice President of Corporate Development of Golden Phoenix Minerals Company in Reno Nevada. He also served as the Company’s Chairman, Director and Corporate Secretary. In this capacity he had numerous corporate responsibilities, but his main focus was to develop business opportunities for the company. This was done through property evaluation and acquisition and developing new ore deposits on the properties held. Mr. Craig received his M. S. degree in Economic Geology from Colorado State University in 1980 and a B.S. degree in Geology from Western State College in 1974.

Donald Gentry, Non-Executive Director -

· Retired Professor Emeritus, Dean of Engineering of the Colorado School of Mines

· Former Director of Santa Fe Pacific Gold Corporation, Newmont Mining Corporation and Newmont Gold Company

Marvin Kaiser, Non-Executive Director - Mr. Kaiser graduated from Southern Illinois University-Carbondale and began his career in the field of public accounting becoming a Certified Public Accountant in 1965. His career in the natural resources industry began in 1969 with Ranchers Exploration and Development Corporation where he held various positions including Chief Financial Officer and Senior Vice President until the company was combined with Hecla Mining Company in 1984. Mr. Kaiser also served as Chief Financial Officer of AMAX Gold, Inc from 1989 until 1993 when AMAX Inc was combined with Cyprus Mining. Subsequent to leaving AMAX, Mr. Kaiser joined The Doe Run Company as Chief Financial Officer. At the time of his retirement from Doe Run in 2006, he held the positions of Executive Vice President and Chief Administrative Officer.

Following his retirement, Mr. Kaiser formed Whippoorwill Consulting, LLC. which provides financial advisory services to the natural resources industry. He presently serves as a director of several publicly traded mining/exploration companies as well as The Southern Illinois University Foundation.

Terrance J. Cryan, Non-Executive Director - Mr. Cryan graduated with honors from Tufts University in Medford, Massachusetts with a Bachelor of Arts degree in Economics/Political Science. He then went onto the London School of Economics to earn his Masters of Science degree in Economics. Mr. Cryan began his career in 1985 as a Portfolio Manager/Investment Officer for Chase Investment Management Corp in New York, NY. In 1987 he located to London, England where he gained extensive knowledge of cross border corporate finance as well as mergers and acquisitions. Mr. Cryan’s career continued as a managing director at Paine Webber/Kidder Peabody and then served as Senior Managing Director at Bear Stearns & Co. Currently, Mr. Cryan serves as the Managing Director to Concert Energy Partners, LLC and as President & CEO to Medical Acoustics LLC.

Green Baron Conclusion

Gryphon Gold Corporation is a rare example of a mining company that can realistically jump from exploration/development to actual production in a very short period of time. Due to the huge increase in the price of gold, it has made processing of low grade ore that was previously milled and pushed aside into a lucrative business. Gryphon’s focused approach to generating near-term revenues is real.

The required permits to enter production can delay revenues for years. Since Gryphon already has all the major permits necessary to move forward, the Company has a realistic goal to generate significant revenues in 2011. Gryphon’s goal to produce 50,000 ounces of gold per year appears a very achievable number.

The Company’s experienced and capable management team appears to have Gryphon Gold on the right track. We believe investors are only just beginning to understand the potential for this junior mining stock, and The Green Baron Report is confident our members can significantly profit in GYPH stock. We strongly suggest accumulation of GYPH at prices below .25 per share and as close to our profile price of .20 as possible.

Contacts:

Gryphon Gold Corporation

John L. Key

President and CEO

+1 775.883.1456

[e-mail]



Investor Relations:

1-888-877-8777

Drew Farion

[e-mail]

[MaatMod]

<div style="border: 1px solid #000;"Bitte die Urheberrechte beachten.
Datumangabe und Quellnachweis gehören zum Artikel !

MfG MaatMOD</div>

[amerigo]

Antwort auf Beitrag Nr.: 40.543.453 von MaatMod am 18.11.10 09:16:55

Quelle: thegreenbaron.com vom 26.10. & 29.10.2010

[amerigo]

es wird spannend:

Gryphon Gold Advances Critical Data Analysis
Date: December 2, 2010
December 2, 2010, Gryphon Gold Corporation (“Gryphon Gold”) (TSX: GGN; OTCBB: GYPH) announced on October 21, 2010 that the Board of Directors has developed a strategy to expedite the Borealis Heap Leach Gold Project production timeline. The focus of this strategic direction is to finalize certain critical data pertaining to the Freedom Flats Re-Leach to expedite the start-up of its gold mining operation. The expedited plan is based on staging the capital requirements set out in the September 17, 2009 Pre-Feasibility Study which forms part of the technical report described below (“NI 43-101 Pre-Feasibility Study of the Mineral Resources of the Borealis Gold Project Located in Mineral County, Nevada, USA”). This expedited plan is projected to produce positive cash flow in a timeframe of three to four months after breaking ground. Implementation of the expedited start is contingent upon adequate financing and regulatory approval.

"In expediting our mine development plans the Company is exploring multiple options for financing," said Gryphon Gold President, John L. Key. "As we grow closer to a decision, we will release news accordingly, as required by the Toronto Stock Exchange and Securities and Exchange Commission Rules and Regulations."

To “finalize certain critical data” Gryphon secured three bulk samples from the Freedom Flats Re-Leach which is scheduled to be the initial feed for Gryphon’s plans under the “Road to Production” initiative. The material was delivered to Kappes Cassidy and Associates of Reno, Nevada and column leach tests began on November 19, 2010. Although initial results are encouraging, reportable results will not be available until late December of this year.

A reverse circulation drill program began on the Freedom Flats Re-Leach on November 25, 2010. The drill program is scheduled to run through December 7, 2010 and confirmation assays should be available by mid to late December. The combination of this new data combined with the data included in the April 28, 2008 Canadian NI 43-101 Technical Report on Mineral Resources of the Borealis Gold Project will determine the Freedom Flats Re-Leach final reserve grade. This reserve grade combined with the column test work noted above will determine the recoverable gold for this initial feed and confirm the commercial feasibility for the project.

The “Road to Production” presentation, posted on Gryphon Gold’s website at http://www.gryphongold.com/main/presentation , presents a plan that outlines management’s strategic objectives and the path forward, including timelines. The above referenced critical data is scheduled to be confirmed by late December 2010, which should allow for ground breaking in early 2011 and subsequent start of production in the 2nd quarter of 2011 with the specific dates dependent on completion of financing and the end of the winter hard freeze. Capital requirements to be secured for the completion of Phase 1 are projected to be in the range of $7 - $8 million.

“The work completed to date and the planned release of the grade and recovery data that is being used to confirm the data used in the September 17, 2009 Canadian NI 43-101 Pre-Feasibility Study keeps the Road to Production on schedule for a March, 2011 ground breaking pending a successful financing. The “Road to Production” is a robust plan to generate early and profitable gold production at our Borealis property in a low-cost manner.” stated Key.

The “Road to Production” is based on upon an anticipated quick start to this permitted (all major permits are in place) resource by utilizing already mined materials and generating cash flow in a 4 month period from ground-breaking. The Phase 1 concept is to recover material that was partially leached and recover gold at a very low operating cost. "The reserve of partially leached material is projected to provide leach pad feed for nearly 7 months, yielding gold recovery and cash flow to advance the project into in-situ production," said Key. The planned gold recovery for the first 12 months will be gold to carbon with the gold recovery from the carbon being done on a toll basis.

Subject to successful financing and implementation of Phase 1, two critical steps are expected to be taken in an eight month period: 1) construction of the A.D.R. plant will commence, and 2) in-situ ore will begin to be mined from the East Ridge pit. Completion of the A.D.R. six months later will be the final mark to accomplishing the critical elements of the September 17, 2009 NI 43-101 Pre-Feasibility Study allowing for the achievement of the 50,000 ounces gold/year production benchmark.

For further information contact:

Gryphon Gold Corporation Suite 711-675 West Hastings Street Vancouver, BC Canada V6B 1N2

Tel: [phone] Fax: [phone] www.gryphongold.com

John L. Key President and CEO Tel: [phone] E-mail: [e-mail]

Or

Lisanna Lewis Vice President Tel: [phone] E-mail: [e-mail]

Investor Relations: Eric Stevenson Price Target Media, Inc Tel: [phone]

E-mail: [e-mail]


quelle: http://www.gryphongold.com/main/newsreleases/309

[HGDM]

..hm sieht gut aus

Hab mir mal paar Infos hier geholt:
http://tmx.quotemedia.com/news.php?qm_symbol=GGN

2.Quartal 2011 in Produktion, mal schauen

[amerigo]

quelle www.finanznachrichten.de

30.12.2010 14:31
Gryphon Gold Confirms Higher Gold Grades in Critical Data Drilling
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 12/30/10 -- Gryphon Gold Corporation (TSX: GGN)(OTCBB: GYPH) is pleased to announce that it has received the gold and silver assays from the 2010 reverse circulation drilling program for the Freedom Flats Heap at the Borealis Mine Site. This drilling was designed to confirm the critical data included in the September 17, 2009 "NI 43-101 Pre-Feasibility Study of the Mineral Resources of the Borealis Gold Project" located in Mineral County, which estimated that the Freedom Flats Heap Indicated Resource was 1.028 million tons of 0.026 opt Au (0.89 gms/tonne Au) and 0.24 opt Ag (8.2 gms/tonne); these estimates were converted to Proven and Probable Reserves (http://www.gryphongold.com/main/files/files/Borealis_43-101r… Based on the assays from the 2010 drilling program, the average gold grade reported from the drill holes was 0.036 opt (1.24 gms/tonne). Gryphon believes that the completion of this critical stage keeps the project timeline intact and on schedule, subject to adequate financing, with final metallurgical recovery data due in early January.

In Gryphon's October 21, 2010 press release entitled "Gryphon Gold Road To Production", http://www.gryphongold.com/main/newsreleases/307, Gryphon stated, "The focus of this strategic direction will be to finalize certain critical data pertaining to the Freedom Flats Releach and secure the financing for a scaled down version of the start-up of mining operation." Gryphon believes that development of the Freedom Flats Heap is instrumental to the staged approach for development of the Borealis Heap Leach Project.

"The potential 38% increase in the gold grade of the Freedom Flats Heap could increase in the Phase One revenue above the estimates contained in our "Road to Production" http://www.gryphongold.com/main/files/files/20101203_R2P.pdf… said Gryphon Gold President, John Key. "We believe this development will greatly assist potential financing plans and maintain the groundbreaking timeline as well."

Key went on to say that, "Phase One could possibly generate enough extraordinary revenue during the first four to six months of actual production to potentially accelerate our Phase Two production plan."

The drilling program primarily tested the Freedom Flats Heap followed by a limited drilling program on the adjacent Releach stockpile. A total of 28 new reverse circulation holes were drilled in this program. The grid spacing between all drill holes was approximately 100 feet with the older holes being used to fill in the grid pattern. Five foot samples were collected and a total of 1630 feet was drilled. Samples were taken to Florin Analytical Services for fire assay gold and silver, cyanide soluble gold, ICP analysis for toxic metals and sulphide sulphur.

The gold assay results of the Freedom Flats Heap portion of the drilling program are presented in the table below. Taking the older holes with the new holes, the overall average gold grade of the stockpile was determined to be 0.036 opt Au (1.24 gms/tonne), which is considerably higher than the previously reported 0.026 opt Au. The average silver assay for the same holes returned an overall average of 0.35 opt Ag (12 gms/tonne) up from the previously reported 0.24 opt Ag (8.2 gms/tonne). Close examination of each hole's assays and their position on the pad found that the material falls into distinct grade clusters supported by multiple holes. It was also found that the gold grades reported for the older holes closely matched their nearby neighboring holes, which further gave confidence that the newer and older assay data is valid and therefore, supports a conclusion that the drilling program has validated the conclusions from the April 28, 2008 Canadian NI 43-101 Technical Report on Mineral Resources of the Borealis Gold Project.


Freedom Flats Stockpile Drilling Summary

Recent Hole # Depth (m) Au gm/t Depth (Ft) Au opt
Drilling BOR 203 9.1 1.51 30 0.044
BOR 204 13.7 1.40 45 0.041
BOR 206 12.2 1.27 40 0.037
BOR 207 13.7 1.30 45 0.038
BOR 208 13.7 1.30 45 0.038
BOR 209 15.2 1.33 50 0.039
BOR 210 15.2 1.00 50 0.029
BOR 211 15.2 1.44 50 0.042
BOR 212 15.2 2.70 50 0.079
BOR 213 16.8 1.00 55 0.029
BOR 214 16.8 0.89 55 0.026
BOR 215 18.3 1.47 60 0.043
BOR 216 18.3 1.20 60 0.035
BOR 218 18.3 1.30 60 0.038
BOR 219 18.3 1.85 60 0.054
BOR 220 18.3 1.40 60 0.041
BOR 221 18.3 1.16 60 0.034
BOR 223 18.3 1.30 60 0.038
BOR 224 18.3 1.13 60 0.033
BOR 225 18.3 1.23 60 0.036
BOR 226 18.3 1.78 60 0.052
BOR 227 19.8 1.44 65 0.042
BOR 228 21.3 1.00 70 0.029
---------------------------------------------------------------
Older BOR 11 18.3 1.03 60 0.030
Drilling BOR 13 15.2 0.79 50 0.023
H 1 18.3 0.92 60 0.027
H 2 16.8 0.79 55 0.023
H 3 15.2 1.03 50 0.030
H 4 22.9 0.75 75 0.022
H 9 24.4 0.79 80 0.023
H 10 21.3 1.13 70 0.033
H 11 15.2 0.89 50 0.026
---------------------------------------------------------------
Average Gold Grade 1.24 0.036

The length of the intercepts may not represent true width/thickness.

The Releach Pad data validation is not an objective in our current mining plan. However, Gryphon took the opportunity to drill five additional holes to the seven that were previously drilled as backup data verification to the Freedom Flats drilling. As with Freedom Flats, these five holes confirmed and validated the conclusions from the April 28, 2008 Canadian NI 43-101 Technical Report on Mineral Resources of the Borealis Gold Project, which reported that the Releach stockpile held 1.328 million tons with an average grade of 0.019 opt Au (0.65 gms/tonne Au) and 0.05 opt Ag (1.7 gms/tonne). The table below reports the new holes along with the older holes. The overall average of the gold assays returned from all holes is 0.02 opt Au (0.67 gms/tonne) and silver reported at 0.28 opt Ag (9.6 gms/tonne).


Releach Stockpile Drilling Summary

Recent Hole # Depth (m) Au gm/t Depth (Ft) Au opt
Drilling BOR 229 21.3 0.79 70 0.023
BOR 230 21.3 0.79 70 0.023
BOR 231 21.3 0.68 70 0.020
BOR 232 25.9 0.72 85 0.021
BOR 233 25.9 0.62 85 0.018
---------------------------------------------------------------
Older BOR 16 22.9 0.68 75 0.020
Drilling BOR 17 22.9 0.58 75 0.017
H 5 24.4 0.68 80 0.020
H 6 24.4 0.48 80 0.014
H 7 22.9 0.68 75 0.020
H 8 21.3 0.68 70 0.020
---------------------------------------------------------------
Average Gold Grade 0.67 0.020

The length of the intercepts may not represent true width/thickness.

ABOUT GRYPHON GOLD:

Gryphon Gold is a Nevada-focused gold exploration and potentially a production company. Its principal gold resource, the 1.4 million ounce (measured and indicated) and 1.1 million ounce (inferred) Borealis deposits, is located in the Walker Lane gold belt of western Nevada. The Borealis gold system is one of the largest known volcanic-hosted high-sulphidation gold bearing mineralized systems in Nevada.

The Borealis Property is described in a technical report dated September 17, 2009 and titled "NI 43-101 Pre-Feasibility Study of the Mineral Resources of the Borealis Gold Project located in Mineral County, Nevada, U.S.A." This report is prepared in accordance with NI 43-101 filed on www.sedar.com. This technical report describes the exploration history, geology, and gold resources at the Borealis Property. Disclosure in this press release of mineral resources is based on the technical report. Details of the quality or grade of each category of mineral resources and key assumptions, parameters, and methods used to estimate the mineral resources are included in the technical reports. The technical report also includes a description of environmental and permitting matters.

The technical information in this press release was approved by Mr. Steven Craig, VP of Exploration of Gryphon Gold Corporation, and is a Qualified Person as defined by National Instrument 43-101 of the Canadian Securities Administrators. Mr. Craig has supervised the preparation of the data contained in this press release.

Cautionary Note to U.S. Investors concerning estimates of Measured, Indicated and Inferred Resources: This press release and the Pre-Feasibility Study referenced in this press release use the terms "Measured Resources", "Indicated Resources", "Measured&Indicated Resources" and "Inferred Resources". We advise U.S. investors that while these terms are defined in and required by Canadian regulations, these terms are not defined terms under the U.S. Securities and Exchange Commission ("SEC") Industry Guide 7 and are normally not permitted to be used in reports and registration statements filed with the SEC. "Inferred Resources" have a great amount of uncertainty as to their existence, and great uncertainty as to their economic and legal feasibility. It cannot be assumed that all or any part of an inferred mineral resource will ever be upgraded to a higher category. Under Canadian rules, estimates of inferred mineral resources may not form the basis of a feasibility study or pre-feasibility study, except in rare cases. The SEC normally only permits issuers to report mineralization that does not constitute SEC Industry Guide 7 compliant "reserves" as in-place tonnage and grade without reference to unit measures. U.S. investors are cautioned not to assume that any part or all of mineral deposits in these categories will ever be converted into reserves.

This press release contains "forward-looking statements" and "forward-looking information" within the meaning of Canadian and United States securities laws, which may include, but is not limited to: 1) reserve and resource estimates on the Borealis project, exploration plans and other plans, projections, estimates and expectations; 2) statements regarding the Freedom Flats Releach program and confirmation of the grade of the 1.8 million tons of the stockpiles; 3) statements with respect to the expected timeline and capital requirements; 4) statements related to permitting status and approval requirements; 5) projected cash flow from production, if any; 6) ability to obtain financing on acceptable terms, and; 7) other statements related to plans, estimates, timing and objectives. Such forward-looking statements and forward-looking information reflect our current views with respect to future events and are subject to certain risks, uncertainties and assumptions, including, the risk that reserves and resource estimates may not result in commercially viable gold production, the risk that further exploration, and if warranted, development will not be completed as currently anticipated or at all, that financing for the development of the Borealis Project and regulatory approval of any financing may not be available on terms satisfactory to Gryphon and the risks and uncertainties outlined under the section headings "Forward-Looking Statements" and "Risks Factors" in Gryphon's annual report on Form 10-K, as filed with the SEC on June 28, 2010, under the section heading "Risk Factors" and in Gryphon's most recent financial statements, reports and registration statements filed with the SEC (available at www.sec.gov) and with Canadian securities administrators (available at www.sedar.com). Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those anticipated, believed, estimated or expected. We do not undertake to update forward-looking statements or forward-looking information, except as may be required by law. Full financial statements and securities filings are available on Gryphon's website: www.gryphongold.com and www.sec.gov or www.sedar.com.

Contacts:
Gryphon Gold Corporation
John L. Key
CEO and President
1-775-883-1456
[e-mail]

Gryphon Gold Corporation
Lisanna Lewis
VP, Treasurer
1-604-261-2229
[e-mail]
www.gryphongold.com





© 2010 MarketWire

[HGDM]

Gryphon Gold kündigt verlängert Option auf NSR Royalty Fix

http://de.advfn.com/nachrichten/Gryphon-Gold-Announces-Exten…

[HGDM]

Gryphon Gold Announces Closing of US$10,000,000 Equity Financing

http://de.advfn.com/nachrichten/Gryphon-Gold-Announces-Closi…

[HGDM]

ES geht los:

Gryphon Gold Corporation (TSX:GGN)(OTCBB:GYPH) is pleased to announce that on
site construction work for the Borealis Oxide Heap Leach Operation as of July
18, 2011 is on schedule and below budget. Gryphon anticipates first revenue from
gold sales in October, 2011.

http://de.advfn.com/nachrichten/Gryphon-Gold-Updates-Progres…

[amerigo]

hier der ganze text (quelle www.gryphongold.com):

Gryphon Gold Updates Progress on Borealis Mine Development

July 18, 2011 - Gryphon Gold Corporation (GGN:TSX; GYPH:OTC.BB) is pleased to announce that on site construction work for the Borealis Oxide Heap Leach Operation as of July 18, 2011 is on schedule and below budget. Gryphon anticipates first revenue from gold sales in October, 2011.

John Key, Chief Executive Officer of Gryphon Gold, commented "Construction progress has been impressive. We set a very aggressive schedule that goes from groundbreaking to production in four months. Our contractors have remained on schedule and have been able to trim expenses from their original quotes. I have every confidence that we will be shipping loaded carbon into this strong gold market on schedule."

As of July 17, 2011, the main areas of advance since the June 6, 2011 groundbreaking are:

Pregnant and Barren Ponds earthwork was completed on schedule. Lining of both the Pregnant and Barren Ponds was 50% complete as of July 16, 2001.
Installation of a 2MW generator set was completed on schedule. Hook-up will be completed upon installation of the crushing equipment to be complete by month's end.
The Carbon Columns are currently one week behind schedule and will be delivered to site on July 31, 2011.
The 150,000 gallon water head tank is complete. The process water system will be commissioned by July 17, 2011.
The earthwork for the initial pad construction is near completion and lining of the initial feed area will commence this week.
The crushing and screening plant is scheduled for arrival to site on July 19, 2011. In service date for the screening and crushing plant is July 26, 2011.

A construction update with pictures is posted on www.gryphongold.com.

For further information please contact:

John L. Key, CEO and President
1-775-883-1456 [e-mail]

Lisanna Lewis, VP, Treasurer, Investor Relations
1-604-261-2229 [e-mail]

ABOUT GRYPHON GOLD:
Gryphon Gold is a Nevada-focused gold exploration company. The Company's principal property is its Borealis gold project located in the Walker Lane gold belt of western Nevada.

This press release contains "forward-looking statements" and "forward-looking information" within the meaning of United States and Canadian securities laws, which may include, but are not limited to statements relating to the Company's plans to advance its Borealis Oxide Heap Leach Project; the schedule for site construction work, heap leach pad construction, pad loading, and revenue from gold sales at the Borealis Oxide Heap Leach Project; assumptions related to the commercial viability of the Borealis Oxide Heap Leach Project; assumptions related to gold grade and recoverability, estimates of tonnage and grade, anticipated release of further updates on the progress at the Borealis project and other statements relating to plans, estimates, objectives, and timing. Such forward-looking statements and forward-looking information reflect our current views with respect to future events and are subject to certain risks, uncertainties and assumptions, including, the risk that additional financing for the development of the Borealis Oxide Heap Leach Project may not be available on terms satisfactory to the Company if at all, risks associated with the start up of mining operations, and the risks and uncertainties outlined under the section headings "Forward-Looking Statements" and "Risks Factors and Uncertainties" in the Company's annual report on Form 10-K, as filed with the SEC on June 28, 2010, under the section heading "Risk Factors" in the Company's most recent quarterly report on Form 10-Q, as filed with the SEC on February 11 2011, under the section heading "Risk Factors" I the Company's Form S-1/A, as filed with the SEC on May 12, 2011 and in the Company's other reports, documents, and registration statements filed with the SEC (available at www.sec.gov) and with Canadian securities administrators (available at www.sedar.com ). Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those anticipated, believed, estimated or expected. The Company does not undertake to update forward-looking statements or forward-looking information, except as may be required by law. Full financial statements and securities filings are available on the Company's website: www.gryphongold.com and www.sec.gov or www.sedar.com.

The technical report information in this press release was approved by Mr. Steve Craig, VP of Exploration of Gryphon Gold Corporation, and is a Qualified Person as defined by National Instrument 43-101 of the Canadian Securities Administrators. Mr. Craig has supervised the preparation of the data contained in the press release.

Cautionary Note to U.S. Investors concerning estimates of Reserves and Resources: The 2011 Pre-Feasibility Study published on April 25, 2011 uses the terms "Proven and Probable Reserves" and "Mineral Reserves". We advise U.S. investors that while these terms are Canadian mining terms as defined in accordance with Canadian National Instrument 43-101 ("NI 43-101") - Standards of Disclosure for Mineral Projects and the Canadian Institute of Mining, Metallurgy and Petroleum ("CIM") - CIM Definition Standards on Mineral Resources and Mineral Reserves, adopted by the CIM Council, as amended, such definitions differ from the definitions in U.S. Securities and Exchange Commission ("SEC") Industry Guide 7. Under SEC Industry Guide 7 standards, a "final" or "bankable" feasibility study is required to report reserves, the three-year historical average price is used in any reserve or cash flow analysis to designate reserves and the primary environmental analysis or report must be filed with the appropriate governmental authority. U.S. investors are cautioned not to assume that any part or all of mineral deposits in this category will ever be converted into SEC Industry Guide 7 reserves. The 2011 Pre-Feasibility Study also uses the terms "Measured Resources", "Indicated Resources", "Measured & Indicated Resources" and "Inferred Resources." We advise U.S. investors that while these terms are defined in and required by Canadian regulations, these terms are not defined terms under SEC Industry Guide 7 and are normally not permitted to be used in reports and registration statements filed with the SEC. "Inferred Resources" have a great amount of uncertainty as to their existence, and great uncertainty as to their economic and legal feasibility. It cannot be assumed that all or any part of an inferred mineral resource will ever be upgraded to a higher category. Under Canadian rules, estimates of inferred mineral resources may not form the basis of a feasibility study or pre-feasibility study, except in rare cases. The SEC normally only permits issuers to report mineralization that does not constitute SEC Industry Guide 7 compliant "reserves" as in-place tonnage and grade without reference to unit measures. U.S. investors are cautioned not to assume that any part or all of mineral deposits in these categories will ever be converted into Guide 7 reserves.

Gryphon Gold Corporation
GGN:TSX
GYPH:OTC.BB
Developing gold properties in Nevada
NEWS RELEASES

Jul 18, 2011
Gryphon Gold Updates Progress on Borealis Mine Development
view more

[DerRohstoffbulle]

Gryphon Gold Begins Heap Leaching at Borealis Mine

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 26, 2011) - Gryphon Gold Corporation (TSX:GGN)(OTCBB:GYPH) is pleased to provide an update of the onsite construction work for the Borealis Oxide Heap Leach Operation as of September 23, 2011. The project remains below budget. The Borealis Oxide Heap Leach Project began cyanide leaching of the first production heap leach pad on September 23, 2011.

John Key, Chief Executive Officer of Gryphon, commented "The commencement of cyanide solution onto the first heap keeps us in line with our aggressive production schedule. The heap construction is designed for quick saturation and return of pregnant solution to the processing plant. Taking Borealis from ground breaking to fluid flow to the heaps in 110 days is a significant accomplishment that is expected to yield shipment of loaded carbon."

With the completion of the first heap pad, the second panel of heap construction began on September 20, 2011.

The project is on target for delivery of loaded carbon (loaded carbon will be shipped to a refinery for custom processing into doré) in September and cash flow in October.

A construction update with pictures will be posted on www.gryphongold.com.

ABOUT GRYPHON GOLD:

Gryphon Gold is a Nevada-focused gold exploration company. The Company's principal property is its Borealis gold project located in the Walker Lane gold belt of western Nevada.

[DerRohstoffbulle]

•The restart of the Borealis gold mine is the company’s top priority.

•Borealis has the necessary operating permits, completed the required engineering, and completed the necessary preparation and commenced construction on June 6, 2011.

•Current working capital of $6M

•First gold sales is expected to be in September 2011 with revenue in October 2011

[DerRohstoffbulle]

April 2011 Pre-Feasibility Study

Canadian Securities Administration NI 43-101 compliant report
•Independent report completed by a Nevada Engineering Firm
•Projected Production
•368,800 oz. Gold mined
•238,504 oz. Gold recovered
•40,000 oz. average annual Gold sales

Projected Economics ($1200 per ounce Gold)
•$12,650,000 initial capital
•6 year mine life with one year of additional leach
•$822 per oz. Gold cash operating cost ($476 per oz. Gold for the first 2 years)
•344% IRR


Capital Requirements

•Phase 1 - May 2011
Capital Equipment, ADR, and
Leach Pad Projected Costs(1) $7,450,000
Working Capital(1) $1,552,000
Bonding(1) $3,000,000

Contingency $750,000
Phase 1 Subtotal(2) $12,652,000

[HGDM]

Gryphon Gold Begins Production, Ships Loaded Carbon
Gryphon Gold (TSE:GGN)




Gryphon Gold Corporation (TSX:GGN)(OTCBB:GYPH) is pleased to announce that it has completed its first production shipment of loaded carbon to Just Refiners, Inc. ("Just Refiners") of Reno, Nevada. This first production shipment totaled 4.05 wet tons of carbon loaded with gold and silver. Final assays will be available upon settlement between Gryphon and Just Refiners

http://de.advfn.com/nachrichten/Gryphon-Gold-Begins-Producti…

[HGDM]

Gryphon Gold gibt Update zur Produktion

Gryphon Gold Corporation (TSX:GGN)(OTCBB:GYPH) is pleased to provide an update of the production activities at its wholly owned Borealis oxide gold heap leach operation.

Gryphon Gold broke ground and began construction activities on the Borealis oxide gold heap leach operation on June 6, 2011, which was funded using proceeds of its $10 million public offering closed in May, 2011. Construction of the project remained on schedule and below budget through the first three months. Gryphon Gold began stacking heap leach pads in early September and began the leaching cycle on September 26, 2011, and fluid return from the heap leach pad began in less than 24 hours. The carbon columns were activated in early October and the first loaded carbon was shipped to Just Refiners, Inc. in Reno, Nevada on October 13, 2011.

http://de.advfn.com/nachrichten/Gryphon-Gold-Provides-Update…

[amerigo]

wieso gestern der absturz? bei welchem kurs seht ihr die aktie in 6-12 monaten?

[Wellaflex]

Gryphon Gold names O'Neil as CFO

2012-01-03 10:23 ET - News Release

Mr. John Key reports

GRYPHON GOLD APPOINTS JAMES T. O'NEIL JR. AS CFO

Gryphon Gold Corp. has appointed James T. O'Neil Jr. as chief financial officer of Gryphon Gold. Mr. O'Neil previously served as the chief financial officer and chief operations officer of Jipangu International from 2006 to present. From 2004 to 2006, Mr. O'Neil served as vice-president of finance, controller and treasurer for Apollo Gold Corp.

Mr. O'Neil's career began with Asarco Incorporated in 1973. He advanced from controller of the Ray complex in 1986 to American Mining Company and Asarco vice-president of finance and administration for the period 2001 to 2004.

Mr. O'Neil received a bachelor of science from Arizona State University and a master of business administration from Arizona State University.

"Jim O'Neil brings the experience and knowledge to meet the needs of a growing mining company and will provide the required guidance as Gryphon transitions from explorer to producer. We have set a very aggressive production plan based on a prefeasibility that provided a 118-per-cent [internal rate of return] at $1,200 per ounce of gold, and Jim's background makes him the perfect fit at this point in Gryphon's life. I look forward to working with Jim as we grow Gryphon and increase shareholder value in this rewarding precious metals market," said John Key, Gryphon Gold's chief executive officer.

The board thanks Ted Sharp of Sharp Executives for assisting Gryphon during its transition to production and cash flow.

We seek Safe Harbor.

[HGDM]

Gryphon Gold Bietet das dritte Quartal Geschäftsjahr 2012 Financial Results und ein Update auf der Borealis-Gold-Projekt


http://de.advfn.com/p.php?pid=nmona&article=51333292

[HGDM]

Gryphon Gold Provides Operational Update
Gryphon Gold Corp
GYPH | 1/7/2013 7:55:01 AM
Gryphon Gold Provides Operational Update
- Production temporarily curtailed at Borealis Property due to boiler malfunction - Heavy earth equipment on site for moving new ore to fill expanded heap leach pad

CARSON CITY, NEVADA--(Marketwire - Jan. 7, 2013) - Gryphon Gold Corporation (the "Company" or "Gryphon Gold") (TSX:GGN)(OTCQB:GYPH), a gold exploration, development, and production company focused on its Borealis Oxide Heap Leach Project in Nevada (the "Borealis Property"), announced today that it has suspended gold production at its Borealis Property due to equipment failure at its Adsorption Desorption Recovery (ADR) refining facility.

Donald B. Tschabrun, Chief Operating Officer of Gryphon Gold, commented, "The failure of the ADR facility's boiler has impacted production as we are unable to properly heat the strip solution which enables us to extract the gold. A replacement boiler is currently being inspected and, should it pass inspection, we anticipate it to be delivered, installed and operating by month end provided we are able to continue to fund operations. We are loading the expanded heap leach pad, have installed the conveyor system and are completing the installation of the new crushers. We also have heavy earth moving equipment on site and a drilling and blasting contractor lined up. At this time, we expect to start moving new ore to the expanded pad starting in February. Because of the boiler's reduced functionality and ultimate failure, production in December and January has been impacted. We have cut back measurably on our operating staff in the meantime to reduce costs."

Director Resignation

The Company also announced that Terence J. Cryan resigned his position as Director, effective January 1, 2013. In his letter of resignation, he noted that the increase of other commitments have impacted his ability to properly fulfill his role as a director for the Company.

Marvin K. Kaiser, Chairman of the Board, noted, "We will miss Terence's advice and counsel. He has been instrumental in our efforts to bring the Borealis project back to life as a producing mine. We wish him well in all his endeavors."

[Kaiser_Heinrich]

Hi HGDM

Wie es scheint kennst Du dich mit der Firma etwas aus. Bin heute erst auf sie gestoßen, mir gefällt der Wert, welchen Sie derzeit repräsentieren. 15 Millionen sind für einen kleinen Producer nicht wirklich viel.

Was mich aber etwas stört sind die 200 Millionen Aktien aber ganz besonders: Warum hält das Management fast keine Anteile an der Firma? Und warum schreiben sie das auch noch in ihre Firmenvorstellung :confused

Vielleicht kannst Du mich aufklären.

Liebe Grüße

[Tomy_HH]

Management hat sich im Oktober 3 Millionen Optionen zum damaligen Allzeittief gegoennt. Wieso sollen die jetzt Aktien kaufen, auch wenn der Kurs noch tiefer steht. Lieber abwarten, ob sie noch rechtzeitig die Kurve kriegen.

Im Augenblick wird Verlust gemacht und der Cash vom Kredit ist aufgebraucht.

Wenn sie demnaechst ihre Verbindlchkeiten nicht mehr bezahlen koennen, wirds kritisch.

Nochmal 200 Millionen Aktien * $0,05 = 10$ Millioen reichen nicht mal fuer den Kredit.

[Kaiser_Heinrich]

Hi Tomy,

was ist deine Quelle wegen der Cash-Situation? Aus dem letzten FS (Q3) auf Sedar konnte ich zusammenreimen, dass sie zwischen März und September 2012 einen Kredit über gute 7mm bekamen, von denen am 31.09.12 noch 4,5 übrig waren. Glaubst du sie haben das bis heut schon verbraten? Wenn ja, und ihnen keiner mehr Geld leit, wirds ungemütlich. An eine Finanzierung am Markt brauchen sie gar nicht zu denken, stimm Dir voll zu. Dann würden ihnen nur noch die Erlöse aus ihrer Produktion aus der Schlinge helfen können, wenn sie denn kostendeckend ist .

Glaube das Management ist sich über die vielen Fragezeichen sehr wohl bewusst. Deshalb haben sie sich auch nur drei Millionen Optionen rausgelassen, was bei dieser ziemlich verwässerten Share auch nicht die Welt ist.

Wie stehst du zu denen? Bist du investiert oder beobachtest du nur?

[HGDM]

Paar News-eigentlich nicht so schlechte, aber der Kurs

Gryphon Gold Corp. (GYPH) JV with Waterton Improves Operational Dynamics, Borealis Site Expansion Slated

Gryphon Gold, who sold roughly 1.58k ounces of gold (32 tons of loaded carbon) during fiscal 2012 via their Borealis Oxide Heap Leach Operation in Nevada, reported entry today into an agreement package with Waterton Global Value L.P. and one of its subsidiaries to expand this extremely productive operation via a joint venture.

http://www.smallcapnetwork.com/Gryphon-Gold-Corp-GYPH-JV-wit…

Gryphon Gold Corporation Announces Third Quarter Fiscal Year 2013 Financial Results Conference Call

http://www.marketwire.com/press-release/gryphon-gold-corpora…

[Kaiser_Heinrich]

Hm, also jetzt ein JV. Ob sie noch weiter ihre Aktien verwässern, sich noch mehr Geld leihen oder wie jetzt den zukünftigen Gewinn mit einer anderen Firma teilen macht keinen großen Unterschied was die Wirkung auf den Kurs angeht. Glaube Gryphon stehen nun mindestens 6 Monate Bodenbildung ins Haus. Drücke allen investierten die Daumen.

[HGDM]

Gryphon Gold meldet 3.200.000 $ Umsatz für das dritte Quartal des Geschäftsjahres 2013
Friday, 15. Februar 2013
Gryphon Gold Corporation (das "Unternehmen" oder "Gryphon Gold") (TSX: GGN) (OTCQB: GYPH), ein Gold-Explorations-, Entwicklungs-und Produktionsunternehmen auf dem Borealis Oxide Heap Leach-Projekt in Nevada (das "Borealis Property") fokussiert , berichtet Finanzergebnisse für das dritte Quartal des Geschäftsjahres 2013, das 31. Dezember 2012 endete.

Das Unternehmen meldete einen Umsatz von $ 3,2 Mio. im dritten Quartal des Geschäftsjahres 2013 bei einem Umsatz von 1.904 Unzen Goldäquivalent, verglichen mit einem Umsatz von $ 0,9 Mio. im dritten Quartal des Geschäftsjahres 2012. Der Umsatz in der hinteren zweiten Quartal betrug $ 3.500.000 aus dem Verkauf von 2.262 Unzen Goldäquivalent.

Im dritten Quartal wurden etwa 196.585 Tonnen Erz auf dem Heap Leach-Pad verglichen mit 261.730 Tonnen im hinteren zweiten Quartal platziert. Das Unternehmen produziert 1.942 Unzen Goldäquivalent im ersten Quartal bei einem Recovery Rate von etwa 40% mit einer durchschnittlichen Cash-Kosten pro Unze von $ 1.292. Für die ersten neun Monate des Geschäftsjahres 2013 betrug die durchschnittliche Cash-Kosten pro Unze rund $ 1.346. Dies ist eine Nicht-GAAP-Messung, siehe Seite 4 für eine Versöhnung.

James T. O'Neil Jr., CEO und Interim CFO der Gryphon Gold, kommentierte: "Wir haben weiterhin Fortschritte bei der Förderung der Borealis Eigentum zu machen, aber notwendigen Bau-Unterbrechungen Expansionsbestrebungen, unvorhergesehene Geräte Schwierigkeiten bei der Adsorption Desorption Wiederherstellung verwandt ("ADR") Raffination Anlage und schlechtem Wetter typisch für diese Zeit des Jahres beeinflusst unsere Produktion und die entsprechenden Verkäufe für das Quartal. "

Mr. O'Neil Jr. fuhr fort: "Wie wir bereits festgestellt hatte, unsere Hauptstadt war stark angespannt und, als Folge, unser Board of Directors eine Reihe von Optionen, mit dem Ziel überprüft werden, um unsere finanzielle Position zu stärken. Das Joint Venture, das war verkündete Waterton am Ende Januar nicht nur eine verbesserte unsere Bilanz und unsere Working Capital, es brachte auch einen idealen Partner umfangreiche technische und betriebliche Know-how, dass wir glauben, wird entscheidend sein, zu warten die Initiativen, die derzeit im Gange, und fördern die Eigenschaft a Pegel größer als bisher angenommen, darunter stärkere Erholung Preise und eine längere Lebensdauer der Mine. "

Source: Marketwire

[HGDM]

Gryphon Gold Bietet Operational Update-

Initiativen zur Verbesserung der Produktion sind in vollem Gange

http://www.gryphongold.com/investors/news_releases/index.php…

[HGDM]

Gryphon Gold Files Voluntary Chapter 11 Petitions


Reno, Nevada - (. Corp. News File - July 30, 2013) - Gryphon Gold Corporation (OTCBB: GYPH) ("Gryphon" or the "Company") announced today that, in a effort to address Certain operational and liquidity challenges, the Company has filed a voluntary petition under Chapter 11 of the United States Bankruptcy Code. The petition was filed in the United States Bankruptcy Court for the District of Nevada (Reno, Nevada).

So, on July 22, 2013, the Company was served with a civil complaint to appoint a receiver. The complaint was filed in the Second Judicial District Court for the State of Nevada in Reno by Certain Shareholders of the Company. On July 24, 2013 Gryphon Gold Corporation was served with a notice of hearing for July 30, 2013 in connection with the civil complaint.

For Further information, please contact:
William Goodhart
Interim CEO, Director
[e-mail] (forwarded to Mr. Goodhart)


http://www.finanznachrichten.de/nachrichten-2013-07/27556745…