Welcome to our dedicated page for Clifton Mining news (Ticker: CFTN), a resource for investors and traders seeking the latest updates and insights on Clifton Mining stock.
Clifton Mining (CFTN) delivers focused mineral development through strategic exploration in Utah-Nevada's historic mining districts. This news hub provides investors and industry professionals with essential updates on operational milestones, property acquisitions, and resource evaluations.
Access authoritative reporting on exploration activities, joint venture developments, and geological assessments that drive CFTN's growth. Our curated collection features press releases covering mineral discoveries, land position expansions, and partnership announcements critical for evaluating the company's trajectory.
Key updates include progress reports from active mining claims, analyses of precious metal potential, and strategic initiatives in mineral property development. Bookmark this page for real-time access to operational disclosures that inform investment decisions in the natural resources sector.
Clifton Mining Company (OTCBB: CFTN) reported the results of its annual meeting held October 17, 2025 in Alpine, Utah. Shareholders elected all six director nominees, with affirmative votes (from ~64% quorum of shares voted) ranging from 65% to 89%. Shareholders also ratified the appointment of Sadler, Gibb & Associates as independent auditors with approximately 90% approval.
Operational updates included Desert Hawk operations producing about 6 ounces of gold per day and being described as cash flow positive. A sales report from American Biotech Labs (an American Silver member) noted 2025 product sales ahead of last year and Amazon repeat-purchase rates near 70% for first-time users. The meeting adjourned around 2:30 pm.
Clifton Mining Company (OTCBB: CFTN) provided an update on Desert Hawk Gold Corp.'s mining operations. Desert Hawk has generated over $500,000 in gold sales in approximately the past month since resuming mining and heap leach pad loading operations in April 2025.
The company is currently working through operational challenges while planning to expand staff and increase production. Desert Hawk's management team, known for successfully bringing similar projects to profitable production, is navigating factors including grades, recoveries, and deposit geometry. The company notes that strong gold prices are significantly contributing to the project's potential success.
Clifton Mining Company (CFTN) has announced the passing of board member Stanley J. Cutler. Cutler, who was a long-time shareholder of the company, joined the board of directors in fall 2023 and was re-elected in 2024. He also served on the audit committee after being appointed earlier this year.
Clifton Mining Company (CFTN) has reported several significant developments in its December 2024 update. Desert Hawk Gold Corp. has successfully emerged from chapter 11 bankruptcy with case dismissal. The company has expanded its land holdings by acquiring an additional 640 acres near Gold Hill, Utah, for an initial lease amount under $4,000, bringing total owned and leased property to 14,667 acres. Additionally, American Silver, has declared a distribution of $0.13 per share, resulting in a payment of $239,210.92 to Clifton Mining Company as its largest shareholder.
Clifton Mining Company (OTCBB: CFTN) held its annual meeting on October 11, 2024, at Fox Hollow Golf Club in American Fork, Utah. Shareholders approved the election of two director nominees, Stanley J. Cutler and Robert J. Holladay, each receiving over 66% of votes. The appointment of MAC Accounting Group, LLP as independent auditors was ratified with 91% approval.
Paul Schwitzer from American Biotech Labs reported a 20% increase in product sales for 2024 compared to 2023, with profit margins rising to 15%. Amazon sales have grown significantly, and 70% of first-time users have reordered products. Jerry North, consulting geologist, presented findings on Clifton properties, identifying five areas for further exploration and potential Wollastonite deposits.
Desert Hawk Gold Corp. has secured a significant extension to its Kiewit mining lease from the Bureau of Land Management (BLM). This extension increases the total mineable material from 2 million tons to 10 million tons and raises the permitted mining rate by 75%, from 1 million tons to 1.75 million tons per year. Additionally, the area for mining has doubled, and the life of the mine has extended from 6 to 10 years. Recent production reports indicate that **819 ounces of gold** and **910 ounces of silver** were sold from August to November 2022, with **2,495 recoverable ounces of gold** remaining on the leach pad.
Clifton Mining Company has released its production report from Desert Hawk Gold Corp. for June and July 2022. In this period, the company sold 505 ounces of gold and 618 ounces of silver, while processing 11,821 tons of ore. Mining and crushing operations have ceased, but the heap leach pad continues, with an estimated 3,313 recoverable ounces of gold remaining. The company has engaged a consulting geologist to evaluate potential prospects amid expectations for an expansion permit this Fall.
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