Golden Phoenix - Royalty Mining in the Americas

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Why Invest? News and Media Golden Phoenix: Royalty Mining in the Americas

“If we acquire a project, we’re going to make every effort to add value to it. We're not going to collect projects hoping something is going to happen. We're going to make things happen." Tom Klein, CEO, Golden Phoenix Minerals, Inc. May 6th, 2010, Shareholder Conference Call Golden Phoenix has emerged from the global credit collapse with a Royalty Mining growth strategy and an initial 24 month acquisition plan to target advanced projects with near-term production throughout North and South America. As our strategy unfolds, we expect our cash flow will be leveraged to the price of gold or underlying strategic metal. To add shareholder value, Golden Phoenix anticipates: 1. Acquiring a property that, on terms and conditions acceptable to the Company, requires financing or geological expertise. 2. Improving the property by providing permitting, bonding, drilling and/or financial support. 3. Securing a mine operator with the experience necessary to take the project into commercial production. 4. Retaining up to a 30% interest in each project, and ultimately converting some of those interests into Royalty agreements. 5. Repeating the process and providing continuous advancement for each project it undertakes. Golden Phoenix is planning to analyze up to 50 prospective properties, with a view towards optioning up to 10 of those properties on terms and conditions acceptable to the Company. From these optioned properties, the Company hopes to identify up to 5 projects that can be advanced toward commercial production. Our objective is to acquire: • multiple projects, in • multiple jurisdictions, with • multiple operators, and • retain up to a 30% interest in each project, and ultimately convert some of those interests into Royalty agreements. We believe this strategy will allow us to: • diversify our portfolio of mining properties • minimize geopolitical risk with projects throughout the Americas • find the best mine operators in each jurisdiction • further reduce risk by utilizing multiple mine operators The sum of five such projects has the potential, in our opinion, to add up to more than one project, without the risk of investing in just a single mining project. Project #1 is Mineral Ridge operated by Peter Hawley of Scorpio Gold. Thursday, August 26, 2010 Golden Phoenix Signs July 2010 Option Agreement to Acquire 80% Interest in Mhakari Gold and Silver Project - 24 Month Acquisition Plan Continues Wednesday, August 25, 2010 Golden Phoenix Advances 24 Month Acquisition Plan With July 2010 Signing of Purchase Agreement to Acquire 80% Interest in Vanderbilt Silver & Gold Project Tuesday, August 17, 2010 Golden Phoenix Pays Off Remaining $1 Million Debt To Crestview Capital - Successful Conclusion To Debt Restructuring Monday, August 9, 2010 Golden Phoenix Executes Block Sale of 7,042,275 Shares of Scorpio Gold Common Stock Monday, August 9, 2010 Golden Phoenix Unveils Royalty Mining Growth Strategy On Company’s New Web Site Thursday, May 6, 2010 Golden Phoenix Signs LOI to Acquire Ra Resources, Ltd. and its Portfolio of Canadian Gold and Copper Prospects Thursday, May 6, 2010 Golden Phoenix Reports on Surface Drilling at Mineral Ridge Gold Deposit: 22.86 Meters Grading 1.65 g/t Gold in Drinkwater Zone Friday, April 23, 2010 Golden Phoenix Signs LOI's to acquire 80% Interest in the Vanderbilt and Coyote Fault Gold and Silver Claims Bordering the Mineral Ridge Mine Friday, April 23, 2010 Golden Phoenix Forms Top Echelon Advisory Committee to Assist Expansion of Corporate Mine Portfolio Wednesday, April 21, 2010 Golden Phoenix to Host Shareholder Conference Call Following Completion of Major Debt Reduction Initiative Thursday, March 11, 2010 Golden Phoenix Closes the Mineral Ridge Joint Venture Sale with Scorpio Gold See all press releases