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Post# of 15261
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Wednesday, 02/28/2007 10:33:18 AM

Wednesday, February 28, 2007 10:33:18 AM

Post# of 15261
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).
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.
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