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Golden Phoenix and Scorpio Intersect 3.65 g/t Gold at Mary Zone

Investing News Network
Jan. 05, 2012 02:17PM PST
Gold Investing

Golden Phoenix Minerals, Inc.(OTCBB:GPXM) announced drilling results from the Mary Zone at the Nevada-based Mineral Ridge project.

Golden Phoenix Minerals, Inc.(OTCBB:GPXM) announced drilling results from the Mary Zone at the Nevada-based Mineral Ridge project.

As quoted in the press release:

All holes…were completed by reverse circulation (RC) drilling. True width is estimated at ~90% downhole width. Analytical results were performed by American Assay Laboratory Inc. (AAL) in Sparks, Nevada.

Golden Phoenix’s President and CEO, Peter J. Hawley said:

Results to date have increased the width of the Mary Zone and also confirm that gold mineralization extends southwest from the Mary Zone to the adjacent Mary LC Zone, encompassing a strike length of 780 meters.

Click here for the Golden Phoenix Minerals, Inc.(OTCBB:GPXM) press release.

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