Latest news for Clifton Mining (OTC:CFTN) Stock

Clifton Mining Co is engaged in property management by joint venturing the properties to other companies including the use of the company's equipment to bring the claims into production and investing in other businesses. It generates revenue through the leasing of its properties and milling equipment to third parties, either by receipt of direct leasing fees or joint venture relationships and the receipt of net smelter royalty payment.

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CFTN

Clifton Properties into Production

Clifton Mining Co

Clifton Mining's (CFTN) Partner, Desert Hawk Gold Corp,, has completed its $5MM funding to place the Clifton Properties into production.
DHG has also received the permits necessary to begin mining and milling. They have upgraded and doubled the size of the Cactus Mill, and they are currently moving waste in anticipation of the commencement of milling operations this month. DHG anticipates full scale commercial production by October 2010.
DHG will begin tuning the mill with other ore, for which Clifton will get a percentage, while mine development finishes on the Clifton mineral deposits.

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Clifton Mining

Clifton Mining's (CFTN) Partner, Desert Hawk Gold Corp,, has completed its $5MM funding to place the Clifton Properties into production.

DHG has also received the permits necessary to begin mining and milling. They have upgraded and doubled the size of the Cactus Mill, and they are currently moving waste in anticipation of the commencement of milling operations this month. DHG anticipates full scale commercial production by October 2010.

DHG will begin tuning the mill with other ore, for which Clifton will get a percentage, while mine development finishes on the Clifton mineral deposits.


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Thursday, September 09, 2010

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