Win-Eldrich Mines Ltd.

Win-Eldrich Gold and Golden Phoenix Minerals is pleased to announce that on August 14, 2011, it entered into a definitive Termination, Settlement and Release Agreement with WEG and WEX to settle an outstanding $4.2 million Promissory Note owed to GPXM in exchange for a 2% net smelter return royalty ("NSR") on the Ashdown Project, 3 million shares of WEX common stock, 1.25 million shares of American Mining Corporation [...]

Win-Eldrich Mines announced that it has filed amended consolidated financial statements for the period ended March 31, 2011 with a revised Statement of Changes in Shareholders' Equity. As initially filed, the Statement of Changes in Shareholders' Equity did not separately present the comparative quarter ended March 31, 2010 in the statement for 2010. The revised statements now include this comparative period [...]

Win-Eldrich Mines announced that it has filed amended consolidated financial statements for the period ended March 31, 2011 with a revised Statement of Changes in Shareholders' Equity. As initially filed, the Statement of Changes in Shareholders' Equity did not separately present the comparative quarter ended March 31, 2010 in the statement for 2010. The revised statements now include this compar

Win-Eldrich Mines announces that further to its press release of April 12, 2011, the Company has granted options to San Diego Torrey Hills Capital, Inc. to purchase 125,000 common shares of the Company at a price of CDN$0.45 per share for three years. The options will vest quarterly in four equal installments over a period of one year, with the first installment vesting on the date that is three months from the date [...]

Win-Eldrich Mines owner of the Ashdown molybdenum mine in Denio, via its wholly owned US subsidiary, Win-Eldrich Gold Inc., is pleased to announce that molybdenum production increased significantly in the first quarter of 2011. Due to a major downturn in molybdenum prices in November 2008, production was put on standby. However, as moly prices recovered in 2009 and 2010, the Company developed access to additional [...]

Win-Eldrich Gold and American Mining are pleased to announce they have entered into a Letter of Intent in which the two companies agreed to create a new Limited Liability Company for the purposes of expanding the existing 100 ton per day mill to a 200 ton per day mill. The expanded facility will provide the ability to process the historic gold resource at Ashdown identified in several historical reports and will [...]

Win-Eldrich Gold is pleased to announce the execution of a Non-Binding Letter of Intent with Golden Phoenix Mineral setting forth terms to potentially settle a $4.2 million Promissory Note owed to Golden Phoenix in exchange for a 2% NSR on the Ashdown Project, three million shares of WEX common stock, a $500,000 cash payment and the right to appoint one individual to the WEX Board of Directors.