Robert. Its just a matter of a short time before the value of paper money
is showned to have no standard of gold or silver behind it, only an empty
promise which will be realized as a con job by governments that will be
knowned as the biggest scam in recorded history. When the music stops,
only those with a connection to real physical gold and silver will have
a chair to sit upon.
But first things first.
RENO, Nev., March 7 /PRNewswire/ -- Golden Phoenix Minerals, Inc.
(OTC Bulletin Board: GPXM)
...announced today that it has increased its leasehold interest in the
Borealis Gold-Silver Project to 68 percent...
golden-phoenix.com
Does the current web site for this company reflect an accurate view ?
Golden Phoenix Minerals Inc. is a mineral-property
development company headquartered in Reno, Nevada.
It specializes in acquiring and consolidating
large properties with potential for early production
followed by significant growth from nearby exploration discoveries.
Acquisition and development emphasis is on deposits
containing gold, silver, copper, lead, zinc
and other strategic minerals that are located in Nevada.
The Company's key assets include
the Contact district Banner copper-silver deposit
and the Borealis district gold-silver deposits.
These large properties are located in the favorable mining state
of Nevada and in old mining districts with proven production records
and excellent exploration potential.
The Company also controls a joint venture interest
in the Cirque, Alaska discovery and several royalties.
The Company is currently focusing all its resources on our two key
properties in order to achieve growth demanded by its shareholders.
The following tabulation of our key property assets summarizes
the metal deposits for each property.....
... designed to show the potential value of these assets.....
........................ Tons ............... Grade ........... Total Metal
Contact Copper-Silver
=====================
......................... 39.5 m tons ...... 0.952% Cu ...... 752,080,000 lbs
................................................... 0.29 opt Ag ..... 11,467,000 ounces
Borealis Gold-Silver
====================
......................... 20.77 m tons ..... 0.057 opt Au ..... 1,183,300 ounces
.................................................... 0.263 opt Ag ..... 5,477,000 ounces |
