GPXM Golden Phoenix Minerals, Inc. plans to produce economically valuable minerals from the mineral properties it currently controls, and from mineral properties that it will acquire in the future. The Company's primary and most important mining property asset is the operating Mineral Ridge gold mine. The Mineral Ridge gold mine is located four miles northwest of the town of Silver Peak and 32 miles west of Tonopah in Esmeralda County, Nevada. The property consists of 54 patented and 141 unpatented mining claims totaling nearly 2,685 acres. The other two key projects are development properties and are the Contact copper-silver project and the Borealis gold-silver project.