| Business Summary | | Golden
Phoenix
Minerals,
Inc.
plans
to
produce
economically
valuable
minerals
from
the
mineral
properties
it
currently
controls,
and
from
mineral
properties
that
it
will
acquire
in
the
future.
The
Company's
primary
and
most
important
mining
property
asset
is
the
operating
Mineral
Ridge
gold
mine.
The
Mineral
Ridge
gold
mine
is
located
four
miles
northwest
of
the
town
of
Silver
Peak
and
32
miles
west
of
Tonopah
in
Esmeralda
County,
Nevada.
The
property
consists
of
54
patented
and
141
unpatented
mining
claims
totaling
nearly
2,685
acres.
The
other
two
key
projects
are
development
properties
and
are
the
Contact
copper-silver
project
and
the
Borealis
gold-silver
project. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Golden
Phoenix
Minerals
is
engaged
in
the
exploration
and
development
of
precious
and
base
metals
in
the
western
United
States
and
Alaska.
For
the
six
months
ended
6/30/01,
revenues
totaled
$177
thousand,
up
from
$14
thousand.
Net
loss
before
extraordinary
item
totaled
$812
thousand,
up
from
$347
thousand.
Revenues
reflect
income
derived
from
the
sales
of
metal
from
the
Mineral
Ridge
mine.
Higher
loss
reflects
increased
exploration
activities
at
the
Nevada
properties. | More
from
Market Guide: Significant
Developments |
| | | | FY1999 Pay | |
| Michael Fitzsimonds, 44 Pres | $60K | Steven Craig, 52 VP,
Sec. | 60K | Dollar amounts are as of 31-Dec-1999 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|