Golden Phoenix JV Partner Scorpio Gold Announces First Gold and Silver Sales

Golden Phoenix Minerals’ (OTCBB: GPXM) joint venture partner, Scorpio Gold (OTC Other: SRCRF; TSX-V: SGN), has announced that the first gold and silver sales from the Mineral Ridge Gold project.  The precious metals sale was made from the first production batch of gold and silver in loaded carbon. In total, 623 ounces of gold and 301 ounces of silver were sold to Waterton Global Resource Management.

Golden Phoenix currently maintains a thirty percent (30%) interest in the Mineral Ridge Gold Project via its membership interest in Mineral Ridge Gold LLC, the joint venture entity that owns and operates the Mineral Ridge property with Scorpio Gold.

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