GGN-t and SGX-v SIGN OPTION FOR JV FOR BOREALIS GOLD PROJECT NEVADA

May 3rd, 2010: Gryphon Gold starts Borealis drilling...

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AGORACOM NEWS FLASH

Dear Agoracom Family,

I want to thank all of you for your patience with us over the past 48 hours and apologize for what was admittedly a botched launch of our new site.

As you can see, we have reverted back to the previous version of the site while we address multiple forum functionality flaws that inexplicably made their way into the launch.

To this end:

1.We have identified 8 fundamental but easily fixable flaws that will be corrected in the coming week, so that you can continue to use the forums exactly as you've been accustomed to.

2.Additionally we will also be implementing a couple of design improvements to "tighten up" the look and feel of the forums.

Sincerely,

George et al

Message: Gryphon Gold Updates Progress on Borealis Mine Development

Boot,

I agree and if we had a free and efficient market, GGN holders would be on their way to "high cotton". Unfortunately, the market doesn't seem inclined to reward us for our investment in businesses which perform well according to "standard" performance paradigms. Insiders always win, but in the past, they left a few crumbs for shrewd investors. Not any more it seems.

I'm hanging on to GGN all the same and good luck to you.

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