Clifton Star announces that it will not make the $10 million option payment on December 1st, 2014, that would have enabled it to continue the Duparquet Option Agreements. This $10 million payment is part of a total of $52.2 million in option payments required to be made by Clifton by 2017 in order to allow Clifton to acquire the 90% interest in the [...]
Clifton Star has been notified that the Quebec Superior Court has rejected Clifton's request for a Safeguard motion regarding its rights in the Duparquet Project Option Agreements. Clifton Star had asked the Court to suspend its obligations under the Option Agreements following litigation having been instituted between some of the Option Owners [...]
On October 29th, 2014 Clifton Star filed proceedings before the Quebec Superior Court asking the Court to grant a safeguard order intended to preserve its rights under the Option Agreements regarding the Beattie, Donchester and Dumico properties pending the outcome of the litigation outlined below. On or about June 19th, 2014 The Company was served [...]
Clifton Star Resources has filed today in the Quebec Superior Court, legal proceedings against Osisko Mining, to claim damages sustained by Clifton Star. The damages claimed are related to a contract signed between the parties that included a $22.5 Million loan facility that Clifton Star formally requested from Osisko, in November 2012, in order to [...]
Clifton Star is pleased to report that it has received the results of a positive Pre-Feasibility Study on the Duparquet Project, situated in north- western Quebec, 50 km by road to the north of the mining town of Rouyn-Noranda. The PFS was prepared by InnovExplo Inc. with contributions from Tenova Mining and Minerals (Tenova), Roche Ltd, Consulting [...]
Clifton Star announces that during the Special and Annual Shareholder meeting held on December 3rd, 2013, Michel Bouchard, Ross Glanville, Peter Gundy, Yves Harvey and Philip Nolan were reelected as members of the Board of directors of the Corporation to hold office until the next annual election of directors. Appointment of auditor A resolution [...]
Clifton Star announces the approval by its board of directors of an advance notice by-law on October 1, which Advance Notice By-Law amends the Corporation's by-laws. The Advance Notice By-Law requires advance notice to the Corporation in circumstances where nominations of persons for election as a director of the Corporation are intended to be made [...]
Clifton Star is pleased to report that it has successfully completed a continuous pilot plant test at SGS Minerals at Lakefield, Ontario, Canada. The tests and analyses were carried out from March to August 2013 to confirm gold recoveries using flotation, pressure oxidation and cyanidation. The tests were highly successful and confirmed earlier [...]
Clifton Star is pleased to release the assay results for its 3 last drill holes from the 2013 drill program. Clifton Star has confirmed that the mineralization is open and continues to the west, beyond the limits of the felsic intrusion. The drill holes listed in this press release were not included in the recently published NI 43-101 resource [...]
QUEBEC CITY, QUEBEC--(Marketwired - Aug 21, 2013) - Clifton Star Resources Inc. ("the Company" or "Clifton Star") (TSX VENTURE:CFO)(FRANKFURT:C3T) is pleased to release the assay results for an additional 36 drill holes from its 2013 Duparquet Project drill program. Clifton Star continues to obtain positive assay results from its drill program [...]
QUEBEC CITY, QUEBEC -- (Marketwired) -- 06/28/13 -- Clifton Star Resources Inc. ("Clifton Star" or "the Company") (TSX VENTURE: CFO)(FRANKFURT: C3T) is pleased to announce a substantial increase in the gold resource at its Duparquet Project. The updated estimate of the Measured + Indicated Resource contains 3.11 million ounces with another 1.44 [...]
QUEBEC CITY, QUEBEC -- (Marketwired) -- 06/19/13 -- Clifton Star Resources Inc. ("CFO" or "Clifton") (TSX VENTURE: CFO)(FRANKFURT: C3T) is pleased to announce the assay results for an additional 7 drill holes from its 2013 Duparquet Project drill program. Clifton Star continues to obtain good assay results from its ongoing drill program on the [...]
