Another RecTitle: 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