Clifton Mining Company

Clifton Mining Company has released its audited consolidated financial statements for the years ended December 31, 2019 and 2018. The consolidated statements have been posted on the Company's website at https://www.cliftonmining.com/file/0ac3d278-2e42-4ce7-85c8-d446c335099e and on the OTC informational portal. The 2019 and 2018 audited results show [...]

Clifton Mining Company has received the report that in February Desert Hawk Gold Corp.'s gold sales on the Kiewit heap leach project were just over $500,000. With gold prices growing stronger, it's anticipated that Desert Hawk will see significant growth this year in its production revenues at the Kiewit project. Please see the new videos on [...]

Clifton Mining Company – Share Repurchase Plan. Clifton hereby announces that its Board of Directors has authorized a stock repurchase program, under which Clifton may repurchase up to $800,000 of its outstanding common stock. Under this stock repurchase program, Clifton may repurchase shares in accordance with all applicable securities laws [...]

Clifton Mining Company held its annual shareholder meeting on Friday, October 25, 2019, at 12:30 p.m. in the Alpine Arts Center, Alpine, Utah.  A quorum was present and all six directors were re-elected for their designated terms and the appointed auditors were also approved.  Ken Friedman addressed the question that had been raised by a number of [...]

 Clifton Mining Company - Leaching Begins Again - Desert Hawk Gold Corp. started their leaching circuit again this past week.  They are currently mining ore seven days a week from the Kiewit zone.  Their target goal is 5,000 tons each day and they expect to continue mining and leaching through the winter.  In the last few months, they have mined [...]

Clifton management is pleased to announce the acquisition of 44 additional patent mining claims.  This purchase more than doubles the current number of 38 patented mining claims owned by the Company to a new total of 82 patented mining claims. These new patented mining claims add an additional 731 acres, taking the total number of acres owned or [...]

Clifton Mining Company has finalized a second amended and restated agreement with Desert Hawk Gold Corp. This Amended Agreement includes several changes with the most significant being that Desert Hawk purchase from Clifton its five percent net smelter return royalty for $3 million in cash and 5.5 million shares of Desert Hawk Gold Corp. stock [...]

American Silver, LLC, parent company to American Biotech Labs, LLC "ABL" has declared a $0.33 per share distribution, providing approximately $500,000 to Clifton Mining Company, its largest single shareholder.  Together with the distribution of $0.10 issued earlier this year, Clifton has received distributions totaling approximately $655,000 for [...]

As previously reported, Desert Hawk Gold Corp. has continued processing on the Kiewit heap leach project and has continued to pay royalties to Clifton.   Desert Hawk is also working on some options to significantly ramp up their production anticipated in the first quarter of 2019. On the biotech side, American Biotech Labs is having an excellent [...]

AMERICAN FORK, UT, July 30, 2018 /PRNewswire/ - Clifton Mining Company – A new report from a major independent company indicates a number of additional potential gold deposits on Clifton Mining Company's Cane Springs Property.  The report indicates that there may be as many as three market grade gold deposits that come to the surface [...]