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Clifton Mining Corp (ID) CFTN

Clifton Mining Company, a natural resource company, acquires, explores, develops, and sells mineral properties. The company primarily explores for silver, gold, and lead deposits. It owns 82 patented claims; 402 unpatented lode claims comprising 32 placer claims; and 7 state mineral leases covering approximately 14,667 acres located in the Gold Hill/Clifton mining district, Tooele County, Northwest Utah area. The company was incorporated in 1993 and is based in American Fork, Utah.


OTCID:CFTN - Post by User

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  • AveragePennyX
Post by AveragePennyon Oct 05, 2021 11:01am
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Post# 33966841

Clifton Mining Company (OTCBB: CFTN) - "August Update"

Clifton Mining Company (OTCBB: CFTN) - "August Update"

AMERICAN FORK, UtahOct. 5, 2021 /PRNewswire/ - Exploration, Development, and Production - Clifton Mining Company has received the production and sales report from Desert Hawk Gold Corp. (Desert Hawk) for the month of August 2021.  Desert Hawk reported that during the month they sold 280 ounces of gold and 175 ounces of silver.  These precious metals were all recovered from the leach pad.  During the month, they also reported that an additional 18,348 tons of ore were crushed and added to the leach pad.  Currently, there are an estimated 4,695 recoverable ounces of gold still on the pad.  The average blasted gold ore grade in ounces per ton (opt) going on the leach pad, has also continued to increase over past historical grades, with this month's average up to 0.0257 opt.  Clifton owns 5.81 million shares of Desert Hawk, as well as the property on which the operation resides.

Please see the Company's website https://www.cliftonmining.com for additional Company information.  Clifton trades on the OTC Markets under the symbol: "CFTN". 
https://www.prnewswire.com/news-releases/clifton-mining-company-otcbb-cftn-clifton--august-update-301392491.html


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