Golden Phoenix Schedules Shareholder Call to Discuss Gold Production

Golden Phoenix (OTCBB: GPXM) has scheduled a conference call for Tuesday, July 12, 2011 at 4:00pm EST / 1:00pm PST to discuss the Company’s accomplishments in Q2 2011 as well as its growth strategy for the second half of this year, including  an update on the start of gold production at Mineral Ridge, developments on the Vanderbilt Silver and Coyote Fault Gold projects, updates on Shining Tree and Peru, drilling plans for 2011 plus individual shareholder questions.

To participate in the conference call, dial 952-356-0015 and enter Conference ID 419582#. The backup telephone number is 270-506-5060. To attend by webcast, please visit the Golden Phoenix homepage (GoldenPhoenix.us) for a link to the live webcast. To attend by Skype, call in from your Skype account to “joinconference” and use your Skype keypad to enter the Conference ID 419582#.

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