STOCK TITAN

Clifton Mining Company (OTCBB: CFTN) (Clifton) - "January 2022 Update"

Rhea-AI Impact
(High)
Rhea-AI Sentiment
(Neutral)
Tags

AMERICAN FORK, Utah, Jan. 11, 2022 /PRNewswire/ - Production - Clifton Mining Company has received the November 2021 report from Desert Hawk Gold Corp. In November, Desert Hawk sold 158 ounces of gold, 163 ounces of silver, crushed 15,229 tons of ore, and they estimated 4,494 recoverable ounces of gold still on the heap leach pad.

The project expansion permit that Desert Hawk has applied for is still in process and they are still waiting for its approval. They have also been continuing their additional exploration and drilling program to increase the current gold and silver reserves for the project.

Notice of Distribution – In December 2021, American Silver, LLC, parent company to American Biotech Labs, LLC ("ABL"), declared a $0.13 per share distribution, which totaled $198,250 distributed to Clifton Mining Company, its largest single shareholder.  For more information on ABL products, please see www.silverbiotics.com.

For additional information on the Company, please see the Company's website at https://www.cliftonmining.com. Clifton trades on the OTC Markets under the symbol: "CFTN". 

Note: Any statements released by Clifton Mining Company that are forward looking are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.  Editors and investors are cautioned that forward looking statements invoke risk and uncertainties that may affect the company's business prospects and performance.

Cision View original content:https://www.prnewswire.com/news-releases/clifton-mining-company-otcbb-cftn-clifton--january-2022-update-301458148.html

SOURCE Clifton Mining Company

Clifton Mining Co.

OTC:CFTN

CFTN Rankings

CFTN Latest News

CFTN Stock Data

Precious Metals, Non-Energy Minerals

About CFTN

clifton mining compan, a natural resource company, acquires, explores for, and develops mineral properties. the company focuses on silver, gold, and lead production on its joint venture property located on the utah-nevada border. as of december 31, 2019, its mining claims included 82 patented claims; 402 unpatented lode claims comprising 32 placer claims; and 6 state mineral leases covering approximately 14,027 acres located in the gold hill/clifton mining district, tooele county, northwest utah area. the company was founded in 1993 and is based in american fork, utah.