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Golden Phoenix Alert
Las Vegas, NV, January 17, 2012
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Golden Phoenix to Appear on 21st Century Business Television January 18, 2012 on
 CNBC
LAS VEGAS, NV, JANUARY 17, 2012 - Golden Phoenix Minerals, Inc. ("Golden Phoenix"
or the "Company") (OTC Bulletin Board: GPXM) is pleased to announce its royalty
mining growth strategy will be profiled on 21st Century Business on CNBC (as paid
programming) on Wednesday, January 18, 2012.
For airing schedule please visit: http://www.21cbtv.com/clearance-report/21cbtv2219-cnbc.pdf
[http://r20.rs6.net/tn.jsp?llr=xixgyxdab&et=1109096125642&s=380&e=001FyDKSJ7v1R6KK98S7qeQf2UmKIHDFDIqFI8SoTopvDsrJpUHQ4cYMn2wLsVBfQywpeUb9GZzMLUr9stYQ-eGogqp1x7P4pg3Z0LBPDfegSRZ-ztgG5qJz8l1mrRWomteoLbzTWaRLg8yqzpyvrrJq1IcSm5d4pci]
 In some markets, the program will be broadcast on January 19, 2012. Please check
schedule for details.
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 with
royalty mining in the Americas.
Golden Phoenix's growth strategy offers the potential for exploration upside coupled
with the backing of production and future royalty streams. The Company's goal (and
risk reduction strategy) is to own joint venture interests in several producing
mines instead of 100% exposure to one project. Management expects to replicate this
strategy with multiple projects in multiple jurisdictions using multiple mine operators.
"Golden Phoenix looks forward to discussing its royalty mining growth strategy with
viewers of 21st Century Business Television," stated Tom Klein, CEO of Golden Phoenix.
"We believe this appearance on CNBC provides our Company with added exposure to
individuals who are likely to have a growing interest in gold and precious metals."
21st Century Business is hosted by Jackie Bales. The show has been airing for 15
 years. Previous hosts have included General Alexander Haig, General Norman Schwarzkopf
and Secretary of Defense Caspar Weinberger.
Please visit the Golden Phoenix website at: 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. Golden
Phoenix is currently earning into a 60% interest (and potentially 80% interest upon
meeting certain milestones and payments) in the Santa Rosa gold mine in Panama.
 Currently, Golden Phoenix owns a 15% interest in Golden Phoenix Panama, S.A., the
joint venture entity that owns and operates the Concessions constituting the Santa
Rosa gold mine.
About 21st Century Business: 21st Century Business is an award winning television
series produced by Multi-Media Productions. The show features companies providing
business viewers an in depth opportunity to find solutions within many industries
globally. 21st Century Business airs on CNBC and the Fox Business Network to over
100 million viewers nationwide as well as internationally via DirecTV and Dish Network.
The show can also be viewed through video on demand via http://www.21cbtv.com. The
series is also available at more than 27 prestigious college universities, including
Carnegie Mellon University, Howard University, Dartmouth College and Georgetown
University. For specific market-by-market air dates and times, please e-mail Moniqueh@mmpusa.com.
For more information, please visit http://www.21cbtv.com.
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
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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.

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Golden Phoenix Minerals Inc. | 7770 Duneville Street | Suite 11 | Las Vegas | NV | 89139
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