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

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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 (OTCBB: CFTN) ha fornito un aggiornamento sulle operazioni minerarie di Desert Hawk Gold Corp. Desert Hawk ha generato oltre 500.000 dollari in vendite d'oro nell'ultimo mese circa, da quando ha ripreso le attività di estrazione e il caricamento della vasca di lisciviazione a cumulo nell'aprile 2025.

Attualmente, l'azienda sta affrontando alcune sfide operative mentre pianifica di ampliare il personale e aumentare la produzione. Il team di gestione di Desert Hawk, noto per aver portato con successo progetti simili a una produzione redditizia, sta gestendo fattori come la qualità del minerale, i tassi di recupero e la geometria del deposito. L'azienda sottolinea che i forti prezzi dell'oro stanno contribuendo in modo significativo al potenziale successo del progetto.

Clifton Mining Company (OTCBB: CFTN) proporcionó una actualización sobre las operaciones mineras de Desert Hawk Gold Corp. Desert Hawk ha generado más de 500,000 dólares en ventas de oro aproximadamente en el último mes desde que reanudó las operaciones de minería y carga de la pila de lixiviación en abril de 2025.

La compañía está enfrentando desafíos operativos mientras planea ampliar el personal y aumentar la producción. El equipo directivo de Desert Hawk, conocido por llevar con éxito proyectos similares a una producción rentable, está manejando aspectos como las leyes, recuperaciones y geometría del depósito. La empresa señala que los altos precios del oro están contribuyendo significativamente al potencial éxito del proyecto.

Clifton Mining Company (OTCBB: CFTN)는 Desert Hawk Gold Corp.의 광산 운영에 대한 최신 정보를 제공했습니다. Desert Hawk는 2025년 4월 채굴 및 힙 침출장 적재 작업을 재개한 이후 약 한 달 동안 50만 달러 이상의 금 판매를 기록했습니다.

회사는 현재 운영상의 어려움을 극복하는 한편, 직원 확충과 생산량 증가를 계획하고 있습니다. 유사 프로젝트를 성공적으로 수익화한 경험이 있는 Desert Hawk 경영진은 광석 등급, 회수율, 매장지 형태 등 여러 요소를 조율하고 있습니다. 회사는 높은 금 가격이 프로젝트 성공 가능성에 크게 기여하고 있다고 밝혔습니다.

Clifton Mining Company (OTCBB : CFTN) a fourni une mise à jour sur les opérations minières de Desert Hawk Gold Corp. Desert Hawk a généré plus de 500 000 dollars de ventes d'or au cours du dernier mois environ, depuis la reprise des opérations d'extraction et du chargement du tas de lixiviation en avril 2025.

L'entreprise fait actuellement face à des défis opérationnels tout en prévoyant d'élargir son personnel et d'augmenter la production. L'équipe de direction de Desert Hawk, reconnue pour avoir mené avec succès des projets similaires à une production rentable, gère des facteurs tels que les teneurs, les taux de récupération et la géométrie du gisement. La société souligne que les prix élevés de l'or contribuent de manière significative au potentiel de réussite du projet.

Clifton Mining Company (OTCBB: CFTN) gab ein Update zu den Bergbauaktivitäten von Desert Hawk Gold Corp. bekannt. Desert Hawk erzielte in etwa dem letzten Monat seit Wiederaufnahme der Bergbau- und Heap-Leach-Pad-Beladungsarbeiten im April 2025 über 500.000 US-Dollar an Goldverkäufen.

Das Unternehmen arbeitet derzeit an der Bewältigung operativer Herausforderungen und plant gleichzeitig, das Personal zu erweitern und die Produktion zu steigern. Das Managementteam von Desert Hawk, das für die erfolgreiche Umsetzung ähnlicher Projekte bekannt ist, berücksichtigt Faktoren wie Erzgehalte, Rückgewinnungsraten und Lagerstättengeometrie. Das Unternehmen weist darauf hin, dass die hohen Goldpreise maßgeblich zum Erfolgspotenzial des Projekts beitragen.

Positive
  • Generated over $500,000 in gold sales in past month
  • Strong gold prices supporting project success
  • Management team has track record of bringing projects to profitable production
  • Plans for staff expansion and production ramp-up
Negative
  • Facing normal ramp up operational challenges
  • Project success dependent on uncertain factors like grades, recoveries, and deposit geometry

AMERICAN FORK, Utah, July 1, 2025 /PRNewswire/ - Production Update – As announced in April 2025, Desert Hawk Gold Corp. had started mining and loading the heap leach pad once again and has now sold just over a half million dollars worth of gold in the past month or so. At this point, they are looking to expand staff and ramp up production as they work through the normal ramp up operational challenges. It should be remembered that grades, recoveries, and the geometry of the deposit will play a major role, however the continued strength of the price of gold is a huge contributor to the project's success. Desert Hawk's management team has a track record of bringing such projects into profitable production. Clifton Mining's management believes that Desert Hawk is up to the challenge.

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--production-update-302495050.html

SOURCE Clifton Mining Company

FAQ

How much gold revenue has Desert Hawk Gold Corp generated for Clifton Mining (OTCBB: CFTN) in recent operations?

Desert Hawk Gold Corp has generated over $500,000 worth of gold sales in approximately the past month since resuming operations.

When did Desert Hawk Gold Corp resume mining operations for Clifton Mining (OTCBB: CFTN)?

Desert Hawk Gold Corp resumed mining and heap leach pad loading operations in April 2025.

What are the main challenges facing Clifton Mining's (OTCBB: CFTN) current gold production?

The company is working through normal ramp up operational challenges and success depends on factors including grades, recoveries, and deposit geometry.

What are Clifton Mining's (OTCBB: CFTN) plans for production expansion?

The company plans to expand staff and ramp up production while working through operational challenges.

What factors are supporting Clifton Mining's (OTCBB: CFTN) gold project success?

The project is supported by strong gold prices and Desert Hawk's management team's track record of bringing similar projects to profitable production.
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