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 Company (CFTN) is associated with the other precious metals and mining industry and trades on the OTC Markets under the symbol CFTN. The news flow around the company provides insight into its mineral properties in Utah’s historic Clifton Mining district, its investment in Desert Hawk Gold Corp., and its membership interest in American Silver, LLC.
News releases frequently cover operational updates from Desert Hawk Gold Corp., including gold and silver production from heap leach operations, sales volumes, and efforts to address ramp-up challenges. These updates often highlight how factors such as grades, recoveries, deposit geometry, and precious metals prices affect project performance. Investors following CFTN news can track how these operational details relate to Clifton’s reported investment in Desert Hawk.
Clifton Mining Company’s news also reports on distributions from American Silver, LLC, where Clifton is described as the largest single shareholder and a member. Announcements detail per-share distribution amounts, total cash distributed to Clifton, and commentary from American Biotech Labs, LLC, a wholly owned American Silver entity, on product sales trends and repeat ordering behavior.
Another recurring theme in CFTN news is corporate governance and shareholder activity. The company publishes annual meeting voting results, including director elections and auditor ratifications, and provides summaries of presentations given by directors, consultants, and executives of related entities. Separate shareholder communications have outlined efforts to call special meetings and propose new director slates, reflecting active engagement around board composition.
Clifton’s news releases also include updates on property acquisitions and geological assessments, such as the acquisition of additional leased acreage near Gold Hill, Utah, and summaries of consulting geologist reports identifying exploration targets and potential mineral deposits like wollastonite. Readers who follow CFTN news can use this page to monitor these operational, financial, and governance developments over time.
Clifton Mining Company (OTCBB: CFTN) announced the passing of board member K. Bruce Jones. Mr. Jones served on the board beginning in the 1990s, was a long-time shareholder, and was re-elected to the board in October 2025. The company expressed that his knowledge, experience, kindness, and professional demeanor will be missed by all.
No financial data, governance changes beyond the announcement, or operational impacts were disclosed. Clifton reiterated that forward-looking statements are made pursuant to the Private Securities Litigation Reform Act of 1995.
Clifton Mining Company (OTCBB:CFTN) announced a December 2025 distribution and provided a production update.
Distribution: American Silver, LLC declared a $0.12 per member share distribution that totaled $220,810 paid to Clifton, which is described as Clifton's largest single shareholder owning just over 20%.
Production: Desert Hawk Gold Corp. reported gold production running about 4 oz ± per day while a prospective buyer's representative reviews operations on site and management works to resolve the causes of the slowdown.
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.
FAQ
What is the current stock price of Clifton Mining (CFTN)?
What is the market cap of Clifton Mining (CFTN)?
