0000912282-10-000318 Sample Contracts

OPTION AGREEMENT made between: SAGE GOLD INC. and GRYPHON GOLD CORPORATION and BOREALIS MINING COMPANY Dated as at March 5, 2010

Option Agreement • March 8th, 2010 • Gryphon Gold Corp • Gold and silver ores • Ontario

• Contract Type
  Option Agreement
• Filed
  March 8th, 2010
• Company
  Gryphon Gold Corp
• Industry
  Gold and silver ores
• Jurisdiction
  Ontario

SAGE GOLD INC., a company existing under the laws of Ontario, having its head office at 365 Bay Street, Suite 500, Toronto, Ontario M5H 2V1 (“Sage”)