- damit wird unser Wert einer breiten Öffentlichkeit klar und bekannt gemacht, dass "GOLDEN PHOENIX MINERALS INC" in den letzten Jahren von einem Explorer zu einem sehr erfolgreichem Produzenten gereift ist.
Gruß JoJo
Golden Phoenix to Display Specimens From One of the World\'s Richest Molybdenum Deposits at International Mine Conference in Toronto
Wednesday February 28, 9:43 am ET
SPARKS, Nev., Feb 28 /PRNewswire-FirstCall/ -- Golden Phoenix Minerals, Inc. (OTC Bulletin Board: GPXM - News) is pleased to announce an Open House and Exhibit for all interested shareholders, institutional investors and mining professionals from 4:00 to 11:00 pm, Tuesday March 6, 2007 in the Jasper Room of the Fairmont Royal York Hotel, 100 Front St., W., Toronto, Canada. The Exhibit will coincide with a four-day conference sponsored by the Prospectors and Developers Association of Canada (PDAC).
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The Open House will feature a display of recent photos and maps from the newly opened Ashdown molybdenum mine, located in Humboldt County, Nevada. Numerous samples from the Ashdown Project LLC\'s molybdenite deposit will be on display, and complimentary refreshments and hors d\'oeuvres will be provided to commemorate Ashdown\'s successful transition to production.
David A. Caldwell, CEO and Chief Geoscientist for Golden Phoenix, and Robert P. Martin, President, will be present to describe the Sylvia Vein high- grade molybdenum (Mo) deposit whose production rate is currently being ramped- up through focused underground development of access and stopes. Current shareholders and all interested investors and professionals are encouraged to attend. Complimentary samples of Ashdown concentrates will be available to the public on a first-come first-served basis.
The Ashdown Project LLC is a jointly-owned venture of Golden Phoenix and its Canadian partner, Win-Eldrich Mines, Ltd. of Toronto (TSXV: WEX). The Ashdown mine and mill are fully permitted and began production and sales of molybdenum concentrate in December 2006. The mineralization is hosted in a narrow vein deposit characterized by bands of high-grade molybdenite. Masses of nearly pure molybdenite (assaying up to 46% Mo and occasionally weighing hundreds of pounds) have been encountered, and the diluted head grades delivered to the mill for processing average between 1.75% and 4.75% Mo (valued at between $875 and $2,374 per ton). The average grade of the previously announced resource in the Sylvia area is over 2% elemental Mo. Golden Phoenix is unaware of any richer deposit currently in commercial production in the world.
The Open House is timed to coincide with this year\'s PDAC mining conference, which has been called "the most important event in the world of exploration" due to the international mix of mining professionals, financiers and investors who attend. Golden Phoenix is presenting the Open House to kick off an investor relations campaign that will include participation in the Chicago Natural Resources Conference in April, and the launch of a Company awareness campaign among institutional investment houses, hedge funds and private investors.
For more information on the Open House, interested parties may call the Company at its Sparks, Nevada headquarters at (775) 853-4919, or contact us by email at investor@golden-phoenix.com, or visit our website at www.golden-phoenix.com.
Golden Phoenix Minerals, Inc. is a Nevada-based mining company committed to deliver value to its shareholders by acquiring, developing and mining superior precious and strategic metal deposits in North America using competitive business practices balanced by principles of ethical stewardship. Golden Phoenix owns the Mineral Ridge gold and silver property near Silver Peak, Nevada, the Northern Champion molybdenum mine in Ontario, Canada, and is manager/operator and majority owner of the Ashdown Project LLC gold and molybdenum property held jointly by Golden Phoenix Minerals, Inc. and Win- Eldrich Mines, Ltd. of Toronto, Canada through its US subsidiary, Win-Eldrich Gold, Inc.
Forward-Looking Statements. Certain statements included herein may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, including, without limitation, statements regarding potential Future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. The Company\'s actual results could differ materially from those anticipated in such forward-looking statements as a result of a number of factors. These risks and uncertainties, and certain other related factors, are discussed in the Company\'s Form 10-KSB, Form 10-QSB and other filings with the Securities and Exchange Commission. These forward-looking statements are made as of this date and the Company assumes no obligation to update such forward- looking statements as a result of a number of factors.
CONTACT:
Golden Phoenix Minerals, Inc.
Robert Martin
President
775/853-4919
E & E Communications
Paul Knopick
949/707-5365
pknopick@eandecommunications.com
Source: Golden Phoenix Minerals, Inc.