Golden Phoenix to Speak at Rodman & Renshaw Global Investment Conference; V.P. Dick Cheney, V.P. Al Gore and Dr. Henry Kissinger Will Keynote

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New York, NY -- Golden Phoenix Minerals, Inc. (the "Company") (OTCBB: GPXM) is pleased to announce its CEO Thomas Klein and Director of Corporate Communications Robert Ian, will speak at the Rodman & Renshaw Global Investment Conference at the Waldorf Astoria in New York City on Tuesday, September 13th, 2011, from 2:50-3:15 pm in the New Amsterdam Suite. Keynote speakers at the conference will include V.P. Dick Cheney, V.P. Al Gore and Dr. Henry Kissinger.

"Golden Phoenix will introduce its royalty mining growth strategy to a global investment audience at the Rodman & Renshaw conference," stated Tom Klein, CEO of Golden Phoenix. "With rising gold prices, industry consolidation and central banks as net buyers of gold, we believe the investment demand for emerging and diversified gold producers like Golden Phoenix offers the potential for significant growth."

Golden Phoenix is a U.S. mining company with international exposure to gold, silver and strategic metals. The Company's business model combines project generation and royalty mining which offers the potential for exploration upside coupled with the backing of production and future royalty streams.

"Our goal (and risk reduction strategy) is to own joint venture interests in several producing mines instead of 100% exposure to one project," stated Robert Ian, Director of Corporate Communications at Golden Phoenix. "Currently we have property pipelines in Nevada, Panama, Peru and Ontario. Our 30% owned Mineral Ridge gold project in central Nevada began gold production in April 2011."

A live webcast will be available during the conference on the Rodman & Renshaw website at: http://www.wsw.com/webcast/rrshq20/gpxm

Golden Phoenix will also have a link to the live webcast on the homepage of its website. Please visit: www.goldenphoenix.us.

About Golden Phoenix: Golden Phoenix Minerals, Inc. is a Nevada-based mining company whose focus is Royalty Mining in the Americas. Golden Phoenix is committed to delivering shareholder value by identifying, acquiring, developing and joint venturing gold, silver and strategic metal deposits throughout North, South and Central America. Golden Phoenix owns, has an interest in, or has entered into agreements with respect to mineral properties located in the United States, Canada, Panama and Peru including its 30% interest in the Mineral Ridge gold project near Silver Peak, Nevada.

Forward Looking Statements: Information contained herein regarding optimism related to the business, expanding exploration, development activities and other such statements are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and are subject to the safe harbors created thereby. While Golden Phoenix believes such statements are reasonable, they are based on current expectations, estimates and projections about the Company's business and are not guarantees of future performance and involve certain risks and uncertainties that are difficult to predict. Actual results could vary materially from the description contained herein due to many factors including continued market prices for the Company's mineral products, domestic and international business and economic conditions, and other risk factors listed in the Company's Securities and Exchange Commission (SEC) filings under "risk factors" and elsewhere. The Company does not undertake any obligation to update any forward-looking statement to reflect events or circumstances after the date of this press release.

For More Information Contact: Robert Ian Director of Corporate Communications (702) 983-0469 investor@goldenphoenix.us

SOURCE: Golden Phoenix Minerals, Inc.

mailto:investor@goldenphoenix.us

Visit Golden Phoenix Website: www.goldenphoenix.us

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Golden Phoenix Minerals, Inc.
Corporate Communications
(702) 983-0469
investor@goldenphoenix.us