By Marketwire,
February 13, 2009 at 9:13 PM
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 13, 2009) - Gryphon Gold Corporation (TSX:GGN)(OTCBB:GYPH) (the "Company") reported for the three months ended December 31, 2008 a net loss of $818,518 or $0.01 per share compared to a net loss of $1,736,589 or $0.03 per share in the same period in the prior year, on greater shares outstanding. Total spending on exploration activities on the Borealis property decreased by $519,340 from the prior years comparable quarter.
Business highlights for the quarter ended December 31, 2008 were: