Resources
Gryphon Gold Resources
Nevada

RESOURCES

April 25, 2011

Ton's (,000)

Grade Oz/ton

Ozs of Gold

Measured

35,204

0.020

689,700

Indicated

28,921

0.042

1,217,000

Total

64,125

 

1,906,700

Inferred

37,669

 

0.011

406,900

 

Gryphon Gold Corporation's NI 43-101 report, Pre-Feasibility Study of the Borealis Gold Project, April 25, 2011

Gryphon Gold Corporation Borealis Mining Company Canadian NI 43-101 Technical Report on the Mineral Resources of the Borealis Gold Project, April 25, 2011.

* Inferred - ounces not CIM43-101 compliant

* Please refer to the Cautionary Notes relating to mineral resources.

 

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