3SOF

Golden Phoenix Receives Final Approval for Full-Scale Operations at Ashdown Molybdenum Mine

Wednesday November 1, 5:00 am ET

- First U.S. Moly Mine On Line in Current Bull Market -

SPARKS, Nev., Nov. 1 /PRNewswire-FirstCall/ -- Golden Phoenix Minerals, Inc. (OTC Bulletin Board: GPXM - News) today announced that the Bureau of Land Management (BLM) has approved the Plan of Operations for the Ashdown molybdenum and gold mine located in Humboldt County, Nevada. A Finding of No Significant Impact (FONSI) and Decision Record have been issued and signed by the BLM Winnemucca Field Manager.

The mine is operated by the Ashdown Project LLC, a cooperative venture between Golden Phoenix and Win-Eldrich Mines, Ltd. of Toronto, Canada. Ashdown is being readied to produce molybdenite concentrates for sale through a purchase contract with a London-based brokerage.

Approval of the Plan of Operations makes Ashdown the first new U.S. molybdenum mine to come on line during the current commodity bull market. The mine's reclamation plan has also been approved by BLM and a $216,518 bond, posted on October 19, 2006, is awaiting processing for final acceptance. Prior to bond clearance, mining and milling activities are scaling up under a pre-existing bulk sample permit.

Robert Martin, Executive Vice President of Golden Phoenix, commented, "As moly prices continue to consolidate at historically high levels, our mining crews are starting to deliver high-grade material to the mill. Working with Win-Eldrich through our LLC Management Committee, we are preparing to ramp up the production and sale of moly concentrates as rapidly as possible."

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 60% owner and partner of the Ashdown gold and molybdenum property in Humboldt County, Nevada.

Visit the Golden Phoenix Web site at http://www.golden-phoenix.com/

Please use the 'Search' before opening new threads, there is already a thread on GPXM!

http://www.3stocksonfire.org/trading/index.php?topic=4625.0

Use this thread spacecowboy...that other thread is so outdated....don't listen to this guy IMO

Quote from: Se7en on November 05, 2006, 06:24:34 PM
Please use the 'Search' before opening new threads, there is already a thread on GPXM!

http://www.3stocksonfire.org/trading/index.php?topic=4625.0

Some Molybdenum Uses
The following uses for molybdenum are gathered from a number of sources.

valuable alloying agent (contributes to the hardenability and toughness of quenched and tempered steels). Almost all ultra-high strength steels contain molybdenum in amounts from 0.25 to 8%
- improves the strength of steel at high temperatures
- electrodes for electrically heated glass furnaces
- nuclear energy applications
- missile and aircraft parts
- valuable catalyst in petroleum refining
- filament material in electrical applications
- essential trace element in plant nutrition. Some soils are barren for lack of this element in the soil
- molybdenum disulphide is a good lubricant, especially at high temperatures where normal oils decompose

Molybdenum Information

Molybdenum - The Big Secret
http://www.321gold.com/editorials/reser/reser090705.html

MOLYBDENUM MYOPEIA
http://www.resourceinvestor.com/pebble.asp?relid=16337

Grades Explained (Why you can't go by grade alone)
http://www.netcastdaily.com/broadcast/fsn2005-0226-1.asx
Go to Minute 46

United States Geological Survey
http://minerals.usgs.gov/minerals/pubs/commodity/molybdenum

About Molybdenum:
http://www.imoa.bluespark.co.uk/Admin/FileLib/About_Molybdenum.pdf

Molybdenum: The '21st Century & Beyond' Metal
http://www.321gold.com/editorials/reser/reser032105.html

Old board...use this one

Quote from: Se7en on November 05, 2006, 06:24:34 PM
Please use the 'Search' before opening new threads, there is already a thread on GPXM!

http://www.3stocksonfire.org/trading/index.php?topic=4625.0

Quote from: spacecowboy on November 07, 2006, 08:26:46 AM
Use this thread spacecowboy...that other thread is so outdated....don't listen to this guy IMO

Quote from: Se7en on November 05, 2006, 06:24:34 PM
Please use the 'Search' before opening new threads, there is already a thread on GPXM!

http://www.3stocksonfire.org/trading/index.php?topic=4625.0

Trying to be a smartass?  It doesn't matter if that other thread is outdated or not, that has nothing to do with it! If everybody is doing the same as you this Message Board will become a mess!

You don't have to listen to me but you should follow the Forum Rules! I'll even copy/paste them for you:

A Few Tips for better using the board:
- Before posting a new topic about a stock, use the Search Feature to find any Topic already started with the same Ticker that meets your subject. That way, we assemble our subjects together, and it's a lot easier for everybody to discuss them. Post your topic on the right board. Note: The Administrators and moderators can merge topics together if they think it's better for the community, they can also move topics from one board to another.
- You can start a new topic about a stock already discussed on our board, only if you think you are doing a completely different approach, that does nothing to do with the other topics on that specific ticker.
- If you are posting a Stock Pick, try to give some information, reasons why you are picking that stock? A trading plan, a target or some charts or links. The more information you post, the better for our community and you probably you'll receive more «applaud» points on your rating. Avoid to post only the ticker, otherwise the Stock Picking board would be like a Ticker dump board

And here's the link: http://www.3stocksonfire.org/trading/index.php?topic=811.0


p.s. And will the person who smited me stand up? thx

GPXM.OB Golden Phoenix Minerals, Inc.
1675 East River Prater Way
Sparks, NV 89434
United States - Map
Phone: 775-853-4919
Fax: 775-853-5010
http://www.golden-phoenix.com

Golden Phoenix Minerals, Inc., a mineral-property development company, engages in the operation, exploration, and development of mineral properties in Nevada and other parts of the western United States. It primarily focuses on properties containing gold, silver, copper, and other strategic minerals. The company's mining properties include Mineral Ridge gold mine that comprises 54 patented and 110 unpatented mining claims totaling approximately 2,685 acres in Esmeralda County, Nevada; and the Ashdown gold-molybdenum project located approximately 100 miles northwest of Winnemucca in Humboldt County, Nevada. GPXM also recently added the Northern Champion property, a molybdenum mine located in central Ontario, Canada.

Share Capital
Authorized 200,000,000
Issued 136,030,087
Fully Diluted 145,939,359
Warrants 3,892,782
Options 6,016,490
Float: 125.01M

PR/IR Consultant
Paul Knopick
E and E Communications
25052 Salford Street
Laguna Hills, CA 92653
Telephone 949-707-5365
Facsimile 949-707-5375
Email [email protected]

New Ashdown Update:
http://www.golden-phoenix.com