Gryphon Gold Corporation
TSX : GGN
OTCBB : GYPH

Gryphon Gold Corporation

July 31, 2012 13:00 ET

Gryphon Gold Corporation Announces First Quarter Fiscal Year 2013 Financial Results Conference Call

CARSON CITY, NEVADA--(Marketwire - July 31, 2012) - Gryphon Gold Corp. (TSX:GGN)(OTCBB:GYPH), a gold exploration, development and production company focused on its Borealis Oxide Heap Leach Project ("Borealis Project") in Nevada, announced today that it will release its first quarter fiscal year 2013 financial results after the close of financial markets on Tuesday, August 14, 2012.

A conference call and webcast will be held at 11:30 a.m. Eastern Time on Wednesday, August 15, 2012, in which management will review its results and progress in advancing the Borealis Project, followed by a question and answer session. The conference call can be accessed by dialing (201) 689-8560. The listen-only audio webcast can be monitored at www.gryphongold.com.

A telephonic replay will be available from 2:30 p.m. Eastern Time the day of the teleconference until Wednesday, August 22, 2012. To listen to a replay of the call, dial (858) 384-5517 and enter replay pin number 396771. Alternatively, the archive of the webcast will be available on the Company's website at www.gryphongold.com. A transcript will also be posted to the Company's website, once available.

ABOUT GRYPHON GOLD:

Gryphon Gold is an exploration, development and production company focused on precious metals and is currently producing at its Borealis property, located in Nevada's Walker Lane Gold Belt. The plan for the Borealis property is to advance production of the oxide heap leachable gold and silver and to further expand and develop the significant sulphide resource through exploration, metallurgical design and sulphide project permitting and development. The Borealis property is unpatented mining claims (including claims leased to the Company's wholly owned subsidiary) of approximately 20 acres each, totaling about 15,020 acres, which has successful past production.

Gryphon Gold routinely posts news and other important information on its website, www.gryphongold.com.

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