Clifton Mining Stock Price, News & Analysis

Clifton Mining Company (CFTN) is associated with the other precious metals and mining industry within the basic materials sector and trades on the OTC Markets under the symbol CFTN. Public information about the company highlights its involvement with precious metals interests and related mining properties, along with ownership stakes and membership interests in other entities that operate in mining and precious-metals-related businesses.

According to company news releases, Clifton Mining Company is a significant shareholder and member of American Silver, LLC, and has described itself as American Silver’s largest single shareholder. American Silver, LLC in turn is connected with American Biotech Labs, LLC, which is referenced as a wholly owned American Silver entity. Reports presented at Clifton’s shareholder meetings describe American Biotech Labs’ product sales performance, including growth in sales and repeat ordering patterns on online platforms and in medical supply markets. These references indicate that Clifton’s membership interest in American Silver, LLC is an important asset for the company.

Clifton Mining Company also reports on activities related to Desert Hawk Gold Corp. (DHGC). Company updates describe Desert Hawk as operating gold production through heap leach operations, with Clifton receiving production and metal sales reports from Desert Hawk. Clifton has also disclosed that it holds an investment in Desert Hawk Gold Corp., and that this investment has been subject to valuation work for financial reporting purposes. Production updates from Desert Hawk Gold Corp. have included information on gold and silver sales from leach pad operations and operational ramp-up efforts.

In addition to its interests in American Silver, LLC and Desert Hawk Gold Corp., Clifton Mining Company has discussed its land and mineral property position. A company update notes that Clifton acquired additional leased acreage near the Town of Gold Hill, Utah, in the historic Clifton Mining district, and that this acquisition increased the total of owned and leased property to a larger acreage position. A consulting geologist’s report, summarized at an annual meeting, identified multiple areas on Clifton properties that merit further exploration and referenced information on a potential mineral deposit of wollastonite (CaSiO3), a mineral used in ceramics, paints, plastics, rubber, construction, and cement and concrete applications.

Clifton Mining Company has also described a strategic focus on developing mineral targets on its properties. In an annual meeting report, a director discussed how changes in precious metals pricing influenced Clifton’s approach, shifting from an emphasis on surviving as an exploration company to actively seeking a partner to develop the Clifton shear zones and other potential high-value mineral targets located on the company’s properties. This indicates that Clifton’s business model includes exploration and potential development of mineral resources, in addition to holding interests in operating entities.

Corporate governance and shareholder relations are recurring themes in Clifton’s public communications. The company regularly reports results of its annual shareholder meetings, including the election of directors and the ratification of independent auditors. These releases provide details on director terms, voting percentages, and the selection of audit firms such as MAC Accounting Group, LLP and Sadler, Gibb & Associates, LLC. The company has also been the subject of communications from shareholders calling for changes in board composition and management practices, illustrating active shareholder engagement around governance matters.

Clifton Mining Company has also reported on distributions received from American Silver, LLC. Multiple news releases describe periodic distributions declared by American Silver, LLC and the total amounts distributed to Clifton as a member and its largest single shareholder. These distributions are presented alongside operational and financial updates, underscoring the importance of this membership interest to Clifton’s financial profile.

From an operational standpoint, Clifton’s news updates emphasize the interplay between precious metals prices, production levels at Desert Hawk Gold Corp., and the economics of mining projects. Company commentary notes that factors such as ore grades, recoveries, and deposit geometry influence project outcomes, and that the strength of gold prices can significantly affect project success. These disclosures provide insight into the practical considerations that affect mining-related investments and operations associated with Clifton.

The company’s public communications also reflect attention to board composition and expertise. Biographical information for individuals associated with Clifton, such as consulting geologists and proposed or elected directors, highlights experience in mining, geology, metallurgy, finance, and accounting. This suggests that Clifton places value on technical and financial expertise in overseeing its mining properties and investment interests.

Clifton Mining Company is based in Utah, with multiple news releases originating from American Fork, Utah. The company’s properties include land in the historic Clifton Mining district near Gold Hill, Utah, and its reported activities center on precious metals, mineral exploration, and related investments. While detailed financial metrics and comprehensive segment breakdowns are not provided in the available news releases, the company’s disclosures point to a business model built around mineral property holdings, exploration potential, and equity or membership interests in other entities engaged in gold production and precious-metals-related products.

Business Model and Operations

Based on the company’s own reports, Clifton Mining Company’s business model involves a combination of mineral property ownership and leasing, exploration and development potential, and equity or membership interests in related companies. Its land position in the Clifton Mining district and additional leased acreage near Gold Hill, Utah, provide a base of mineral properties that can be explored and potentially developed, either directly or through partnerships. The company’s reference to seeking partners for development of the Clifton shear zones and other mineral targets indicates that partnership-based development is a key strategic avenue.

At the same time, Clifton’s membership interest in American Silver, LLC and its investment in Desert Hawk Gold Corp. represent financial and operational linkages to businesses that are already producing or selling products. Distributions from American Silver, LLC and production reports from Desert Hawk Gold Corp. show how these interests can translate into financial inflows and exposure to gold and precious-metals-related activities. This combination of property holdings and investment interests shapes Clifton’s role within the precious metals and mining ecosystem as described in its public communications.

Corporate Governance and Shareholder Activity

Clifton Mining Company’s news releases document regular annual meetings where shareholders vote on director elections and auditor ratifications. Detailed voting results, including percentages for each director nominee, are disclosed. The company has also reported changes and additions to its board, as well as the passing of board members who had long-standing ties to the company as shareholders and directors. These disclosures provide transparency into board composition and oversight.

In addition, separate shareholder communications, such as an open letter from a shareholder group holding more than ten percent of the company’s outstanding shares, describe efforts to call a special meeting to propose a new slate of directors. That communication outlines concerns about management practices, meeting schedules, and prior registration efforts, and proposes specific individuals for board roles. This illustrates that Clifton’s governance environment includes both company-led and shareholder-led initiatives.

Risk and Operational Considerations

Clifton Mining Company’s own commentary acknowledges that mining-related activities are influenced by factors such as metal prices, operational challenges, and resource characteristics. Updates on Desert Hawk Gold Corp. note that ramp-up periods, staffing, grades, recoveries, and deposit geometry can affect production levels and project economics. The company also references the impact of precious metals price movements on strategic decisions, such as shifting from survival-focused exploration to actively pursuing development partnerships.

Furthermore, Clifton has discussed the valuation of its investment in Desert Hawk Gold Corp. for audited financial reporting purposes, including the need to obtain an independent valuation in the absence of recent stock sales. This highlights that the value of such investments can be subject to significant assessment and adjustment, and that external valuation work may be required for financial reporting.

Use of Precious Metals and Mineral Resources

Through the consulting geologist’s report summarized at an annual meeting, Clifton Mining Company has highlighted potential mineral resources on its properties, including a possible deposit of wollastonite. The company’s disclosure notes that wollastonite is used in ceramics, paints, plastics, rubber, construction, and in cement and concrete. This information provides context for the potential commercial relevance of mineral targets identified on Clifton’s properties, beyond gold and silver.

Summary

Overall, Clifton Mining Company, trading under the symbol CFTN on the OTC Markets, presents itself through public news releases as a company involved in precious metals and mineral properties, with a combination of land holdings, exploration potential, and investment interests in entities such as American Silver, LLC and Desert Hawk Gold Corp. Its disclosures emphasize shareholder meetings, governance matters, distributions from membership interests, production updates from associated mining operations, and ongoing geological evaluation of its properties in Utah’s historic Clifton Mining district.