Clifton Mining Company (OTCBB: CFTN) (Clifton) - "August Update"
AMERICAN FORK, Utah, Oct. 5, 2021 /CNW/ - Exploration, Development, and Production - Clifton Mining Company has received the production and sales report from Desert Hawk Gold Corp. (Desert Hawk) 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 estimated 4,695 recoverable ounces of gold still on the pad. The average blasted gold ore grade in ounces per ton (opt) going on the leach pad, has also continued to increase over past historical grades, with this month's average up to 0.0257 opt. Clifton owns 5.81 million shares of Desert Hawk, as well as the property on which the operation resides.
Please see the Company's website https://www.cliftonmining.com for additional Company information. Clifton trades on the OTC Markets under the symbol: "CFTN".
Note: Any statements released by Clifton Mining Company that are forward looking are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Editors and investors are cautioned that forward looking statements invoke risk and uncertainties that may affect the company's business prospects and performance.
SOURCE Clifton Mining Company
For additional information, please feel free to contact Dr. Ken Friedman, President at 303-642-3134, or Keith Moeller at 801-756-1414 ext.100.
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