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Gold/Mining/Energy : GOLDEN PHOENIX MINERALS, GPXM

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Oct 31 9:30 AM EST

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From: PayShhhhence	12/19/2011 6:36:31 PM
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“…they have historically done 380,000 feet of drilling…. we took one of eight mineralized zones that were drilled off, called the Drinkwater area, and we took approximately 50,000 feet of that drilling ….to form NI 43-101 on that zone. ...since that point in time, we've taken the remaining 320,000 feet of historical drilling, which is all in 25-foot centers and has outlined another seven additional pits…. we expect to release a new NI 43-101 reserve/resource report, which will include all the historical drilling in addition to the 150,000 feet we have drilled since the 2010 Micon report..." 470,000(380K + 150K) additional feet of drilling will comprise the updated 43-101 this spring. The Mary mine was one of the zones NOT included in the drill results for the 2010 43-101. http://finance.yahoo.com/news/Interview-With-Founder-And-twst-4242043857.html;_ylt=AoyECum2u3nZ3JJ1zt5t0BeiuYdG;_ylu=X3oDMTIxOWpoNzgxBG1pdANXaWRlIFF1b3RlcyBNb2R1bGUEcG9zAzM0BHNlYwNNZWRpYVJlY2VudFF1b3Rlc1BvcnRmb2xpb3NXaWRl;_ylg=X3oDMTFvdnRqYzJoBGludGwDdXMEbGFuZwNlbi11cwRwc3RhaWQDBHBzdGNhdANob21lBHB0A3NlY3Rpb25zBHRlc3QD;_ylv=3?x=0

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