EXHIBIT 99.1 KAUFMAN ROSSIN & CO. PROFESSIONAL ASSOCIATION CERTIFIED PUBLIC ACCOUNTANTS miami, florida 33133 305 858 5600 305 856 3284 fax February 14, 2002 Securities and Exchange Commission 450 Fifth Street Washington, DC Re: Clements Golden Phoenix Enterprises, Inc. This letter is written in response to the requirement of Rule 12b-25(c) under the Securities Exchange Act of 1934 and in satisfaction of item (c) of Part II of Form 12b-25. We are the independent auditors of Clements Golden Phoenix Enterprises, Inc. (the "Registrant"). The Registrant has stated in Part III of its filing on Form 12b-25 that it is unable to timely file, without unreasonable effort or expense, its Quarterly Report on Form 10QSB for the quarter ended December 31, 2001 because our Firm has not yet completed our review of the financial statements of the Registrant for the quarter ended December 31, 2001. We hereby advise you that we have read the statements made by the Registrant in Part III of its filing on Form 12b-25 for the quarter ended December 31, 2001, and agree with the statements made therein as they relate to accounting and auditing matters. Very truly yours, /s/ Kaufman, Rossin & Co. Kaufman, Rossin & Co. MIAMI * FT. LAUDERDALE * BOCA RATON