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The full list of 296
books and manuscripts that sold for more than $100,000 will be
available on the magazine's web site at www.

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CORRECTED: Fine Books + Collections: $65 Million in Books; Fine Books + Collections Ranks 2004 Auction Results for Book Collectors


Robert Martin, Director of Corporate Development
775/853-4919

E + E Communications
Paul Knopick
949/707-5365
pknopick@eandecommunications .

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Coming
in second at $1,576,000 was William "Bill" Wilson's hand-corrected
manuscript of Alcoholics Anonymous's Big Book.Golden-Phoenix. There can be
no assurance that such statements will prove to be accurate and actual results
and future events could differ materially from those anticipated in such
statements.

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Business Editors

DURHAM, N. is committed to deliver value to its
shareholders by acquiring, developing and mining superior precious and
strategic metal deposits in the western United States using competitive
business practices balanced by principles of ethical stewardship .

CONTACT:
Golden Phoenix Minerals, Inc.

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Receipt of this permit allows
Golden Phoenix to construct the tailings pond that adjoins the mill, pending
consent by the Nevada Division of Environmental Protection (NDEP).

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The permit establishes guidelines
for the protection of wildlife from impounded water used to separate the
molybdenite during the concentration process.

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finebooksmagazine . Wilson was the
co-founder of that organization.com



An Industrial Artificial Pond permit has been issued by the Nevada
Department of Wildlife authorizing Golden Phoenix to operate a tailings
impoundment at its Ashdown mill facility.

household individually

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----Fine Books +
Collections magazine has released its annual ranking of the
top-selling rare books and manuscripts of 2004 at auction houses
worldwide.

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com on
March 1, 2005. Both submittals have been in process since September 2004.

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1 million . (OTC Bulletin Board: GPXM), announced today it has received three permits
key to the regulatory approvals needed to build and operate the Ashdown
molybdenum mine and flotation mill, located in Humboldt County, Nevada.
With these approvals in hand, and a small group of secondary permits
pending, there remain two broad-scope permits central to the start of full
operations: A Water Pollution Control Permit for the mill, issued by the NDEP;
and a Plan of Operations for the mine , administered by the Bureau of Land
Management.

Golden Phoenix Minerals, Inc. These forward -looking statements are
made as of this date and the Company assumes no obligation to update such
forward-looking statements as a result of a number of factors.

individually household

These permits establish
operating guidelines for the control and mitigation of dust and air pollutants
at both the mine and mill. Each
involves comprehensive review-and-revision followed by a public comment
procedure.

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Topping last year's sales was the Macclesfield Psalter, an English
illuminated manuscript from the 14th century , at $3. Books by Joyce, Hemingway, and Fitzgerald sold for more
than a 12th century manuscript by the Venerable Bede, which fetched a
"mere" $123,000. It is sobering to think that you could have bought all 296
book items we describe and still had $40 million to spare.

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While these auction results represent healthy numbers, Brown
points out that rare books are still remarkably affordable . Staff members maintain on-going contact with
the agency specialists to facilitate and expedite their review.com/

Forward-Looking Statements.

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C.

Golden Phoenix Minerals Receives Three Permits for Its Ashdown Molybdenum Mine and Mill

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"It is
worth noting that the biggest story of the 2004 auction season was
Sotheby's sale of Picasso's painting, Boy with a Pipe, for $104
million.
Additionally, the NDEP has issued a Surface Area Disturbance Air Quality
Operating permit for the Ashdown mine property, and a Class II Air Quality
Operating Permit for the Ashdown mill facility .

hardening compounds

"

Fine Books + Collections serves the book-collecting market.

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Certain statements included herein may
contain forward-looking information within the meaning of Rule 175 under the
Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of
1934, and are subject to the safe harbor created by those rules.

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finished lesson


Visit the Golden Phoenix Web site at http://www. The Company's actual results could differ materially from those
anticipated in such forward-looking statements as a result of a number of
factors.com


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The results: known as the "Fine Books 50," will be featured
in the March/April 2005 edition of the magazine.
Twentieth century authors with household names garnered remarkably
high prices. All
statements, other than statements of fact, including, without limitation,
statements regarding potential future plans and objectives of the company, are
forward -looking statements that involve risks and uncertainties.

thinking paperclay

To
receive a PDF of the complete story and listing of 296 items, email
Scott Brown at "scott@finebooksmagazine. For this reason, it is Company policy to refrain from forecasting
anticipated dates-of-receipt. These risks and uncertainties, and certain other related factors,
are discussed in the Company's Form 10-KSB, Form 10-QSB and other filings with
the Securities and Exchange Commission.

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SPARKS, Nev., Golden Phoenix Minerals,
Inc .
Golden Phoenix will continue to announce the issuance of key permits for
the Ashdown project as they are approved.

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