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    Gryphon Gold Suspends Gold Production at Borealis

    Investing News Network
    Jan. 07, 2013 11:08AM PST
    Gold Investing

    Gryphon Gold Corporation (TSX:GGN,OTCQB:GYPH) suspended gold production at its Borealis Property due to an equipment failure.

    Gryphon Gold Corporation (TSX:GGN,OTCQB:GYPH) suspended gold production at its Borealis Property due to an equipment failure.

    As quoted in the press release:

    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.

    To view the whole press release, click here.

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