SOURCE: Golden Phoenix Minerals, Inc.

Golden Phoenix Minerals logo

March 31, 2011 14:13 ET

Golden Phoenix to Discuss 2011 Exploration and Production Milestones at Chicago Resource Expo; Clyde Harrison to Speak at Chicago Institutional Investor Event

SPARKS, NV--(Marketwire - March 31, 2011) - Golden Phoenix Minerals, Inc. (the "Company") (OTCBB: GPXM) is pleased to announce CEO Thomas Klein and his management team will discuss the Company's anticipated 2011 exploration and production milestones on Saturday morning, April 16th, 2011 at the Chicago Resource Expo. The event will take place at the Holiday Inn Convention Center in Rolling Meadows, IL. Registration is free and is open to the general public.

Earlier that week, Golden Phoenix is hosting a private event for institutional investors in the heart of Chicago's financial district with guest speaker and Golden Phoenix Board member, Clyde Harrison. Mr. Harrison is Carl Icahn's former General Partner and a veteran of 25 years on the Options Exchange Floor. His topic is "Raw Materials: Boom or Bust."

To register for the Chicago Resource Expo please visit:

Institutional investors who would like to hear Mr. Harrison speak and meet Golden Phoenix management are invited to contact Robert Ian, Director of Corporate Communications at (775) 453-4741 or by email:

Further details for both events can be found on the Golden Phoenix website at:

Golden Phoenix Minerals, Inc. is a Nevada-based mining company whose focus is Royalty Mining in the Americas. Golden Phoenix is committed to delivering shareholder value by identifying, acquiring, developing and mining superior precious and strategic metal deposits throughout North, Central and South America using competitive business practices balanced by principles of ethical stewardship. Golden Phoenix is a 30% joint venture partner with Scorpio Gold on the Mineral Ridge gold and silver property near Silver Peak, Nevada, and owns the Adams Mine and Duff Claim Block near Denio, Nevada, and the Northern Champion molybdenum mine in Ontario, Canada. Golden Phoenix has an option to earn an 80% interest in the Vanderbilt Silver and Gold Project, and the Coyote Fault Gold and Silver Project, both of which are adjacent to the Mineral Ridge gold and silver property near Silver Peak, Nevada. Golden Phoenix has entered into a Memorandum of Understanding to acquire an 80% interest in five gold and molybdenum properties in Peru; two on the Pataz Gold Trend in the north and three in the Porvenir area in the south. Golden Phoenix has entered into a Definitive Acquisition Agreement to acquire a 100% interest in four gold and base metal properties in the Shining Tree Mining District in Ontario, Canada.

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: The statements by officers of the Company, and other statements regarding optimism related to the business, expanding exploration and development activities and other statements in this press release are forward-looking statements within the meaning of the Securities Litigation Reform Act of 1995. Such statements are based on current expectations, estimates and projections about the Company's business. Words such as expects, anticipates, intends, plans, believes, sees, estimates and variations of such words and similar expressions are intended to identify such forward-looking statements. These statements are not guarantees of future performance and involve certain risks and uncertainties that are difficult to predict. Actual results could vary materially from the description contained herein due to many factors including continued market prices for the Company's mineral products. In addition, actual results could vary materially based on changes or slower growth in the gold and base and precious metals markets; the potential inability to realize expected benefits and synergies in the Company's mining operations; domestic and international business and economic conditions; changes in the mining industry for base and precious minerals; unexpected difficulties in restarting or expanding production at the Company's mines; the need for additional capital and other risk factors listed from time to time in the Company's Securities and Exchange Commission (SEC) filings under "risk factors" and elsewhere. The forward-looking statements contained in this press release speak only as of the date on which they are made, and the Company does not undertake any obligation to update any forward-looking statement to reflect events or circumstances after the date of this press release.

Contact Information

  • For More Information Contact:
    Robert Ian
    Director of Corporate Communications
    (775) 453-4741
    Email Contact