AU Report contributors comment on CFOAU Report contributors comment on Clifton Star Resources
Expert Analysis
Pope & Company Morning Notes(8/31/12) "Clifton Star Resources Inc. announced the results from an additional 16 drill holes from its 2012 drill program at the Duparquet project. . .this recent phase of drilling has encountered significant mineralization in the North and Syenite zones as well as to the east on the Central Duparquet property. The positive results demonstrate that the zones show good grades and continuity."
Brian Christie, Desjardins Securities (8/30/12) "Clifton Star Resources Inc. has announced results from an additional 16 holes from its 2012 drill program at the Duparquet project. This phase of drilling encountered significant mineralization in the North and Syenite zones, as well as to the east on the Central Duparquet property. . .the results continue to demonstrate good grades and continuity in the North zone, including an intersection of 2.52 g/t Au over 29.6m located less than 25m from surface, demonstrating surface potential and continuity to depth. . .we view the results positively; drilling continues to fill gaps in the existing data while demonstrating potential thickness and continuity of the mineralized zones."
The Gold Report Interview with Michael Fowler (8/17/12) Michael Fowler: Clifton Star Resources Inc. is an exploration company in the Val d'Or Rouyn-Noranda area with just over 3 Moz gold in its deposit. The company is in the process of undertaking a preliminary assessment or scoping study. It's extremely cheap right now in terms of its valuation. We like that.
TGR: That one really hasn't recovered from that long trading halt that the exchange put on it after it questioned its classification of resources.
MF: That's a good point. It was halted for a long period. There are a lot of things that have changed in that company since that halt. First, the question about resources or the NI 43-101 has been totally resolved. It's not a question of whether or not the gold is there. In fact, it is in greater quantities than in the NI 43-101 that was questioned by the British Columbia Securities Commission. Second, the management of Clifton Star has totally changed. There is a new CEO in the company and some new people in management. I think it's like a different coat of paint on the company. The assets are good and I wouldn't be surprised if we saw Clifton Star being involved in another joint venture with a major mining company.
The Gold Report Interview with Jay Taylor (7/18/12) "[There is] absolutely [room for expansion] with Clifton Star Resources inc. In another timeframe, with its deposit and new CEO, Michel Bouchard, Clifton Star would be selling at much higher levels. It has a good amount of cash on the books. It needs to develop confidence in the market by continuing to develop and move the project forward, which Michel Bouchard is very good at. . .this is the kind of company that we will have to watch because if it can prove up, it will be a tempting takeover target. If that happens, we hope there will be some competitive cherry picking going on."
Brian Christie, Desjardins Securities (7/12/12) "Clifton Star Resources Inc. announced results from its ongoing 2012 drill program at the Duparquet project; the drilling comprised 20 holes and has intersected mineralization in the North, South and Syenite zones of the Beattie and Donchester properties. Highlights of the drilling in the North zone include 2.20g/t Au over 97.9m, 2.21g/t Au over 25.5m and 3.81g/t Au over 11.9m. . .we view the drill results positively and look forward to the coming resource update; the drilling continues to fill in gaps in the existing data while demonstrating continuity and depth of mineralization."
Clifton Star corporate presentation
https://www.theaureport.com/cs/user/download/co_file/3088/CFOcorppres612.pdf
Source: The Gold Report
https://www.theaureport.com/pub/co/588?utm_source=delivra&utm_medium=email&utm_campaign=Gold%20finalstreetwise-reports%2009/05/2012%2016:01:46&utm_term=CFO%3a+More+Duparquet+Mineralization