-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 PmqV9Uua9XtjmoYtnR+ZhhGcWD73k289UrseVDqVZap45P6qCybRYeJSVUnJjn3q
 NL2yplu0FXBeWKrGplJlWw==

<SEC-DOCUMENT>0001001277-08-000064.txt : 20080527
<SEC-HEADER>0001001277-08-000064.hdr.sgml : 20080526
<ACCEPTANCE-DATETIME>20080527165733
ACCESSION NUMBER:		0001001277-08-000064
CONFORMED SUBMISSION TYPE:	3
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20080521
FILED AS OF DATE:		20080527
DATE AS OF CHANGE:		20080527

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			GOLDEN PHOENIX MINERALS INC /MN/
		CENTRAL INDEX KEY:			0001042784
		STANDARD INDUSTRIAL CLASSIFICATION:	METAL MINING [1000]
		IRS NUMBER:				411878178
		STATE OF INCORPORATION:			MN
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		1675 E. PRATER WAY,
		STREET 2:		SUITE 102
		CITY:			SPARKS
		STATE:			NV
		ZIP:			89434
		BUSINESS PHONE:		7758534919

	MAIL ADDRESS:	
		STREET 1:		1675 E. PRATER WAY,
		STREET 2:		SUITE 102
		CITY:			SPARKS
		STATE:			NV
		ZIP:			89434

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Vetter Johann Roland
		CENTRAL INDEX KEY:			0001377261

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-22905
		FILM NUMBER:		08861286

	BUSINESS ADDRESS:	
		BUSINESS PHONE:		(604) 331-2511

	MAIL ADDRESS:	
		STREET 1:		C/O QUADTECH INTERNATIONAL, INC.
		STREET 2:		300-1055 WEST HASTINGS ST.
		CITY:			VANCOUVER
		STATE:			A1
		ZIP:			V6E 2E9
</SEC-HEADER>
<DOCUMENT>
<TYPE>3
<SEQUENCE>1
<FILENAME>for052108_ex.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>3</documentType>

    <periodOfReport>2008-05-21</periodOfReport>

    <noSecuritiesOwned>0</noSecuritiesOwned>

    <issuer>
        <issuerCik>0001042784</issuerCik>
        <issuerName>GOLDEN PHOENIX MINERALS INC /MN/</issuerName>
        <issuerTradingSymbol>GPXM</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001377261</rptOwnerCik>
            <rptOwnerName>Vetter Johann Roland</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O GOLDEN PHOENIX MINERALS, INC.</rptOwnerStreet1>
            <rptOwnerStreet2>1675 E. PRATER WAY, SUITE 102</rptOwnerStreet2>
            <rptOwnerCity>SPARKS</rptOwnerCity>
            <rptOwnerState>NV</rptOwnerState>
            <rptOwnerZipCode>89434</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeHolding>
            <securityTitle>
                <value>No securities are beneficially owned</value>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>0</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
    </nonDerivativeTable>

    <ownerSignature>
        <signatureName>/s/ J. Roland Vetter</signatureName>
        <signatureDate>2008-05-23</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----