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Clifton Star Res Inc CFMSF



OTCPK:CFMSF - Post by User

Bullboard Posts
Post by smilewithmeon May 11, 2009 3:02pm
424 Views
Post# 15984092

Another Rec

Another Rec

Title: Golds Headline: Clifton Star Resources: Duparquet Site Visit – flying below the radar, but likely not for long

The NBF Daily Bulletin

May 8, 2009 Industry Comment

Golds

Clifton Star Resources: Duparquet Site Visit – flying below

the radar, but likely not for long

Brian Christie, MSc - (416) 869-7118 - brian.christie@nbfinancial.com

Will Jee, CA - (416) 869-8044 - will.jee@nbfinancial.com

Associate: Brian Szeto, CFA - (416) 869-6538 - brian.szeto@nbfinancial.com

Industry Rating (Golds):

Market Weight

(NBF Economics &

Strategy Group)

We have recently returned from a site visit to Clifton Star’s (CFO:TSX-VEN:$3.09: 23.0 mln

shares outstanding) Duparquet project in northwestern Quebec. The project area

encompasses three past producing mines: Beattie (928,000 ounces), Donchester (188,000

ounces), and Duquesne (67,000 ounces), and two other properties (Cental Duparquet and

Dumico) with know gold resources. These properties are all located in close proximity to the

Porcupine Destor Fault Zone, and cover about 8 km of strike length.

Over the past two years, Clifton Star has been actively exploring its land holdings in the

region, with the intent of outlining new gold resources. A 100,000-metre drill program is

planned for 2009, and a new NI 43-101 compliant resource is expected within about one

month’s time.

In this report we provide background on all the projects, with an emphasis on the Beattie and

Donchester properties.

Download the report below...................

https://www.yousendit.com/download/dVlyZm1XRStlaFNGa1E9PQ

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