Clifton Mining Company (OTCBB: CFTN) (Clifton) - "January 2023 Report"
AMERICAN FORK, Utah, Jan. 12, 2023 /PRNewswire/ - Extension Permit Granted – After more than two years of work, Desert Hawk Gold Corp. ("DHGC") has now received a significant extension to its Kiewit mining lease from the Bureau of Land Management (BLM). This extension lease quintuples the total allowable material to be mined from 2 million tons to 10 million tons. It also increases the permitted mining rate by
Production - Clifton has received the production report from DHGC for August to November of 2022, however, the numbers below do not include October, because no metal sales were made during that month. For these months ending November, 2022, Desert Hawk sold a total of 819 ounces of gold and a total of 910 ounces of silver recovered from the leach pad. They also estimate that at the end of November 2022, there was 2,495 recoverable ounces of gold remaining on the leach pad.
Clifton trades on the OTC Markets under the symbol: "CFTN". For phone contact, please feel free to call Dr. Ken Friedman, President, at 303-642-3134.
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.
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SOURCE Clifton Mining Company