Golden Phoenix Minerals, Inc. is a mineral exploration and development company. The Company is engaged in acquiring mineral properties with production through exploration discoveries. It is focused on the expansion of its operations through the development of mineral properties into royalty mining projects. The company is focused on its properties in Nevada. The Company's Mhakari properties include Vanderbilt, Coyote Fault/Coyote Fault Extension and Galena Flat. The Company's properties also include North Springs Properties. The Company's Vanderbilt property is located within 4 miles of the town of Silver Peak, Nevada. The Coyote Fault/Coyote Fault Extension claim block is located within nine miles of Silver Peak, Nevada. The Galena Flat claims are found about 4 miles from Silver Peak, Nevada. The North Springs Properties are located along the western margin of the Mineral Ridge Mining District. The Mhakari properties are all in early stage exploration and do not contain any reserves.