Chart usGOLD   Chart usSILVER  
 
Food for thought
The difference between truth and fiction : fiction has to make sense
Mark Twain  
Search for :
LATEST NEWS  :
MINING STOCKS  :
Subscribe
Write Us
Add to Google
Search on Ebay :
PRECIOUS METALS (US $)
Gold 1386.20-1.40
Silver 22.36-0.14
Platinum 1447.50-10.00
Palladium 724.00-11.00
WORLD MARKETS
DOWJONES 1530312
NASDAQ 34590
NIKKEI 14612128
ASX 4964-77
CAC 40 3957-10
DAX 8305-47
HUI 255-3
XAU 97-3
CURRENCIES (€)
AUS $ 1.3402
CAN $ 1.3332
US $ 1.2932
GBP (£) 0.8548
Sw Fr 1.2430
YEN 130.7400
CURRENCIES ($)
AUS $ 1.0339
CAN $ 1.0320
Euro 0.7733
GBP (£) 0.6612
Sw Fr 0.9607
YEN 101.0500
RATIOS & INDEXES
Gold / Silver61.99
Gold / Oil14.77
Dowjones / Gold11.04
COMMODITIES
Copper 3.29-0.01
WTI Oil 93.87-0.38
Nat. Gas 4.22-0.04
Market Indices
Metal Prices
RSS
Precious Metals
Graph Generator
Statistics by Country
Statistics by Metals
Advertise on 24hGold
Projects on Google Earth
Borealis Project
Borealis
Country USA 
Province Nevada
Close to Hawthorne
Status ADVANCED DISCOVERY 
Latitude / Longitude 38 N 22 / 118 W 45
Legends
Valorisation
Print Valuation Travel To Property All neighbouring Properties Mines and deposits nearby All active properties nearby
Produces
Develops
Explores for Gold -
Risk and valuation analysis of the Borealis Project
Status Risk : Advanced discovery
Country Risk : Very Low
Resource Risk : 38.00%
In situ value
5,017,867,500 $
Title(s) of the Borealis Project
Gryphon Gold Corp.
Owner: 100%
Company ProfileAll ProjectsCompany websiteCompany project page
TitleCompany ProfileAll ProjectsCompany websiteCompany project page
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.
History of the Borealis Project
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...
 
Geology of the Borealis Project
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...
 
Reserves and resources of the Borealis Project
TonnageGradeReserves and resources
GoldGold
g/toz
 Proven12,487,0000.72 289 056
 Probable4,162,0000.72 96 344
 Proven and Probable16,649,0000.72 385 400
 Measured6,630,0001.80 383 687
 Indicated29,013,0001.12 1 044 724
 Mesured and Indicated35,643,0001.25 1 428 411
 Inferred50,225,0001.12 1 808 544
 Total 102 517 000 3 622 355
Definitions
Reserves and resources of the Borealis Project
MetalTotalReservesResourcesUnitIn situ value
ProvenProbableProven and ProbableMeasuredIndicatedMesured and IndicatedInferred
 Gold 3 622 355 289 056 96 344 385 400 383 687 1 044 724 1 428 411 1 808 544oz5 021 308 737 US$
Production history
Metal19901989
GOLD (oz)6,027108,163
Title / Ownership
2/22/2011Announces Extends Option to Fix NSR Royalty
Reserves and Resources
3/3/2011to Issue Updated Pre-Feasibility Study and Clarifies Mineral...
Exploration and drilling
9/26/2011Begins Heap Leaching at Borealis Mine
8/24/2011s Progress on Borealis Mine Development
8/2/2011s Progress on Borealis Mine Development
6/30/2011s Progress on Borealis Mine Development
6/9/2011Begins Construction of Borealis Heap Leach Project
12/2/2010Advances Critical Data Analysis
8/19/2010Announces Extension of Option to Fix Borealis Royalty
8/17/2010& Sage End Option Agreement
7/29/2010Concludes Successful Phase 1 Drill Program
5/28/2010Sage-Gryphon Expanding the Borealis Gold Deposit; 21.3 Metre...
5/3/2010Commences Drilling Program
4/29/2010Sage and Gryphon Retains SRK for Borealis Mine Bankable Stud...
3/8/2010& Sage Gold Sign Option for JV
2/24/2010Sage & Gryphon to JV Borealis Gold Project Nevada
9/16/2009Fundamental Research Corp issues update on Gryphon Gold (TSX...
12/1/2006Focuses on Exploration
11/7/2006Reports Progress on Borealis Mine Development
7/20/2006Announces New Exploration Programs, Borealis Project, Nevada
6/27/2006Receives Production Permits
Discoveries and Drilling Results
5/25/2010Sage-Gryphon Drills-18.3 metres at 2.13g/t Au-Oxide
2/16/2010Extension of Option to Fix Borealis Royalty
4/10/2007Reports Total Intercept of 96 Meters (315 ft) Averaging 2.5 ...
1/18/2007Gold Resource Model Update
6/19/2006Reports Further Encouraging Drill Results from Graben Zone, ...
Location
Data last updated on : 12/31/2009
Disclaimer
All information on this page comes from internal and external sources deemed reliable. This information might not be up to date, so please perform due diligence before making any conclusion or making any action. Do contact us should any information be missing or incorrect.
Cautionary Note to US Investors concerning estimates of Measured and Indicated Mineral Resources