Clifton Mining Company

Clifton Mining Company has received the production report from Desert Hawk Gold Corp. During the three months ending on May 31, 2022, Desert Hawk sold a total of 765 ounces of gold and a total of 767 ounces of silver recovered from the leach pad. Desert Hawk also crushed 38,904 tons of ore during that same three-month period, adding 324 recoverable ounces of gold to the leach pad. They estimate that at the end of May [...]

Notice of March 2022 Distribution - American Silver, LLC has declared a $0.10 per share distribution, which totaled $152,500 distributed to Clifton Mining Company, its largest single shareholder. For more information their products, please see the main Company websites: American Biotech Labs, LLC, www.ablmedical.com for ABL Medical, LLC, and https://ablmfg.com/ for ABL Manufacturing, LLC. Production - [...]

Production - Clifton Mining Company has received the December 2021 production report from Desert Hawk Gold Corp. In December, Desert Hawk sold 423 ounces of gold and 454 ounces of silver recovered from the leach pad. They also crushed 17,909 tons of ore, added 199 recoverable ounces to the leach pad, and they estimate that they have 4,264 recoverable ounces of gold still remaining on the leach pad. This is a new monthly [...]

Clifton Mining Company has received the November 2021 report from Desert Hawk Gold Corp. In November, Desert Hawk sold 158 ounces of gold, 163 ounces of silver, crushed 15,229 tons of ore, and they estimated 4,494 recoverable ounces of gold still on the heap leach pad. The project expansion permit that Desert Hawk has applied for is still in process and they are still waiting for its approval. They have also been [...]

Clifton Mining Company has received an amended and updated report from Desert Hawk Gold Corp. In September, Desert Hawk had sold 361 ounces of gold, 432 ounces of silver, crushed 18,357 tons of ore, and they estimated 4,611 recoverable ounces of gold on the heap leach pad. For October, Desert Hawk reported that they sold 208 ounces of gold, 199 ounces of silver, and during the month they crushed and added an additional [...]

Clifton Mining Company held its Annual General Meeting on Friday, October 22, 2021. Scott Moeller announced that a quorum of votes had been received and gave the results, supporting the re-election of each of the proposed directors and the appointment of the auditing firm. Ken Friedman briefly discussed the background and strategic positioning of the Company, noting that despite difficult times for the precious metals [...]

Clifton Mining Company has received the production and sales report from Desert Hawk Gold Corp. for the month of August 2021. Desert Hawk reported that during the month they sold 280 ounces of gold and 175 ounces of silver. These precious metals were all recovered from the leach pad. During the month, they also reported that an additional 18,348 tons of ore were crushed and added to the leach pad. Currently, there are an [...]

Clifton Mining Company has received the production and sales report from Desert Hawk Gold Corp. for the month of July 2021. Desert Hawk reported that during the month they sold 356 ounces of gold and 355 ounces of silver. These precious metals were all recovered from the leach pad. During the month, they also estimated that an additional 1,073 ounces of gold was placed on the leach pad, with an estimated 4,692 recoverable [...]

Clifton Mining Company has received the production and sales reports for April and May 2021. Desert Hawk Gold Corp. sold 544 ounces of gold and 573 ounces of silver over these two months. These precious metals were all recovered from the leach pad. Recent videos of the operations can be seen on the following two links, with one covering the mine pit area and the other covering the heap leach operations [...]

Clifton Mining Company has released its 2020 audited financial statement. Basic net income per share was $0.08 and fully diluted net income per share was $0.07. A copy of Clifton's financial statements can be found. Also of significance, the company repurchased just over 3.3 million shares of its common stock over the course of the year, while increasing its net cash position from $2,757,399 to $2,966.221. Exploration [...]