11:46 AM EST - Gryphon Gold Corporation : announced 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. Gryphon Gold Corporation
shares T.GGN are trading even at $0.20.
