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Adams Mine - Adjacent to Ashdown Molybdenum Mine
Golden Phoenix has directed its Technical Services Group to commence a
surface mapping and sampling program covering sections of the 4,400
acres of claims within the Duff claim block, located adjacent to the
Ashdown Mine in the Pine Forest Range of northwestern Nevada.
The purpose of the field survey is to:
•
collect rock chip and geochemical samples for assay
•
identify and evaluate potential gold and molybdenum drill targets
•
map preexisting mine workings and surface disturbance for use in
planning a possible drill campaign for 2010
Wayne Colwell, Senior Manager of the Golden Phoenix Technical Services
Group, and Ed Falk, Exploration Geologist, have been assigned to
conduct the survey.
Golden Phoenix owns the Duff claim block comprised of 211 mineral
claims located along the western flank of the Pine Forest Range, 20 miles
south of Denio, Nevada. The claim block abuts the Ashdown Mine to the
north, and extends south to the border of the Blue Lake Wilderness Study
Area. The geology of the region is primarily tertiary cretaceous granites
with quartz outcroppings. Metals historically mined in the general
region include gold, molybdenum, copper, tungsten and antimony.
The major mine feature of the Duff claims is the Adams Mine which at one
time produced silica. However, there are historical reports that substantial
gold was also extracted from the quartz rock. Gold has also been mined in
the Vicksburg, Ashdown and Cherry Gulch canyons to the north, and
Leonard Canyon to the south of the Duff claims. Upon completion of the
sampling and subsequent assay program, further recommendations for
extent of drilling, including permitting and bonding requirements, are
expected to follow.
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8/16/10 (PDF)
Thursday, August 26, 2010
Golden Phoenix Signs July
2010 Option Agreement to
Acquire 80% Interest in
Mhakari Gold and Silver
Project - 24 Month Acquisition
Plan Continues
Wednesday, August 25,
2010 Golden Phoenix
Advances 24 Month
Acquisition Plan With July
2010 Signing of Purchase
Agreement to Acquire 80%
Interest in Vanderbilt Silver &
Gold Project
Tuesday, August 17, 2010
Golden Phoenix Pays Off
Remaining $1 Million Debt To
Crestview Capital - Successful
Conclusion To Debt
Restructuring
Monday, August 9, 2010
Golden Phoenix Executes
Block Sale of 7,042,275
Shares of Scorpio Gold
Common Stock
Monday, August 9, 2010
Golden Phoenix Unveils
Royalty Mining Growth
Strategy On Company’s New
Web Site
Thursday, May 6, 2010
Golden Phoenix Signs LOI to
Acquire Ra Resources, Ltd.
and its Portfolio of Canadian
Gold and Copper Prospects
Thursday, May 6, 2010
Golden Phoenix Reports on
Surface Drilling at Mineral
Ridge Gold Deposit: 22.86
Meters Grading 1.65 g/t Gold
in Drinkwater Zone
Friday, April 23, 2010
Golden Phoenix Signs LOI's to
acquire 80% Interest in the
Vanderbilt and Coyote Fault
Gold and Silver Claims
Bordering the Mineral Ridge
Mine
Friday, April 23, 2010
Golden Phoenix Forms Top
Echelon Advisory Committee
to Assist Expansion of
Corporate Mine Portfolio
Wednesday, April 21, 2010
Golden Phoenix to Host
Shareholder Conference Call
Following Completion of Major
Debt Reduction Initiative
Thursday, March 11, 2010
Golden Phoenix Closes the
Mineral Ridge Joint Venture
Sale with Scorpio Gold
See all press releases