| Risk and valuation analysis of the Borealis Project |
| Status Risk : Advanced discovery |
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| Title(s) of the Borealis Project |
 | Gryphon Gold Corp.
Owner: 100% |
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| Title | Company Profile | All Projects | Company website | Company project page |
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| Borealis was joint-ventured to Gryphon Gold Corporation in 2002. By the end of 2004, Gryphon had earned a 70% position in the property, with Golden Phoenix retaining 30%.
In January of 2005, Golden Phoenix elected to sell its remaining 30% interest in the mine to Gryphon for $1.4 million, to be paid in installments through January of 2006. |
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| History of the Borealis Project |
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Since the late 1970s, considerable exploration has been completed at the Borealis Property, with the primary objective of finding near-surface deposits with oxide-type gold mineralization. Exploration work has consisted of field mapping, surface samp more...
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| Geology of the Borealis Project |
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The Borealis district contains multiple coalescing hydrothermal centers having alteration and mineralization characteristic of high-sulfidation systems. Gold deposits of the district typically have high-grade gold mineralization centrally located alo more...
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