Ownership Submission
FORM 3
 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
  Lewis Lisanna Marie
 2. Date of Event Requiring Statement (Month/Day/Year)
09/10/2010		 3. Issuer Name and Ticker or Trading Symbol
GRYPHON GOLD CORP [GGN]
(Last)
(First)
(Middle)
711-675 WEST HASTINGS STREET		 4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
VP, Treasurer
 5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

VANCOUVER, A1 V6B 1N2		 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)		 2. Amount of Securities Beneficially Owned
(Instr. 4)		 3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)		 4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Shares 75,650
D
 

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)		 2. Date Exercisable and Expiration Date
(Month/Day/Year)		 3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)		 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)		 6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Options   (1) 01/10/2012 Common 40,000 $ 0.69 (2) D  
Options   (1) 04/08/2013 Common 50,000 $ 0.4 (3) D  
Options   (1) 07/08/2013 Common 50,000 $ 0.37 (4) D  
Options   (1) 09/16/2014 Common 100,000 $ 0.22 D  
Options   (5) 08/24/2015 Common 150,000 $ 0.1 D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Lewis Lisanna Marie
711-675 WEST HASTINGS STREET
VANCOUVER, A1 V6B 1N2		       VP, Treasurer  

Signatures

/s/ Lisanna Lewis 09/13/2010
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Options are fully vested
(2) Exercise price is CDN$0.81 converted to US dollars based on noon buying rate of the Federal Reserve Bank of New York
(3) Exercise price is CDN$0.41 converted to US dollars based on noon buying rate of the Federal Reserve Bank of New York
(4) Exercise price is CDN$0.38 converted to US dollars based on noon buying rate of the Federal Reserve Bank of New York
(5) Options will vest 25%: Sept 30, 2010; Dec 31, 2010; Mar 31, 2011; June 30, 2011

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