Founded in 1993 as a natural resource company focused on silver, gold and lead production on its 12,400 acres Joint Venture property, located on the Utah-Nevada border, Clifton Mining Company’s property contains both patented and load claims, and the company has a 250 tons/day production mill facility.

Clifton Mining

Company Summary

Just Beginning to Scratch the Surface


The Clifton Mining District, the site of the first mill in Utah, were discovered and mined from the 1860s until the early 1900s.

What attracted so many prospectors to the region is a series of abundantly mineralized shear zones, most of which average between 2 1⁄2 and 10 feet wide, and outcropping for more than a mile.

For almost a century the area now known as the Clifton Shear Zones, near Gold Hill, Utah, was divided into a jumble of independent mining properties, that had been mined by the original owners of the Clifton claims and later inherited by their families. Because this had been an important historic mining district, several large mining companies tried to consolidate these claims in the 1950s and 1960s. But because the separate ownership of these small, irregularly shaped, parcels made modern, large scale mining impossible, and because these companies were unable to negotiate with so many families, they abandoned the attempt. William Moeller, presently the CEO of Clifton Mining, spent more than two decades negotiating with these families and eventually acquired the heart of the Clifton Mining District.

Gold Hill Operations, Gold Hill Utah

Positive Outlook For Silver Prices

It is widely agreed by precious metals analysts that silver prices will rise sharply in the coming years. In each of the last 10+ years world wide silver consumption has exceeded world wide silver production by more than 100 million ounces. The excessive inventories of the early 1980s have now been entirely exhausted, and the U.S. strategic stockpile of silver, 3 billion ounces not that long ago, is now entirely depleted. Inventories are at their lowest levels in more than 50 years and are continuing to decline.

At the same time, persistently low silver prices have left silver companies with impaired balance sheets and forced them to cut back on exploration. Few new silver mines have been discovered in the past decade, and little additional silver production is likely to come onstream for years, independent of the silver price. On the demand side, the silver shortage of the late 1970s led companies to restrict silver usage to only the highest value added applications. These applications would be profitable even with silver many times today’s price.

As a result of the insensitivity of both supply and demand to the silver price, once inventories are exhausted, the price of silver will rise sharply. This will make production from the Clifton Shear Zones exceptionally profitable.

Location, Location, Location

The Clifton Mining District is arguably in one of the best locations in the world for mining precious metals. It is readily accessible, just over an hour south of Wendover, on the Utah-Nevada border, off Interstate I-80. Yet it is remote, with one of the lowest population densities in the country. It lies directly uphill from a U.S. Air Force gunnery range, so that environmental concerns are as minimal as anywhere in North America. It is located in the U.S., where political risk is minimal, and in Utah, one of the friendliest states to responsible mining.

When standing atop a Clifton ridge, just about the only sounds one may ever hear are occasional fighter-jet flybys or explosives testing taking place at a nearby U.S. military range. Because of its isolation, local policymakers in the sparsely populated region have welcomed Clifton’s combination of economic benefit and environmental conscientiousness.

“Development in a remote, relatively desolate area like ours is looked upon more favorably by agencies and government officials charged with balancing economic prosperity and environmental stewardship,” says Moeller. “The sounds in the distance remind me that, as a mining enterprise, our location represents an important strategic advantage.”

Such favor was evidenced in 1996 when county officials authorized the issuance of industrial revenue bonds to finance plant construction at Clifton’s property. Though the company has elected not to exercise its municipal debt option at present, management realizes how rare this sort of “seal of approval” can be.

“If a bond issuance of this kind has ever been offered to another mining company, I’ve never heard of it happening,” says Moeller. “It speaks to the quality of our studies and the long-term relationship we have fostered with local and state regulators.”.

It’s like a treasure map someone has laid out for us. You can literally see the veins stretching across the mountainscape

William D. Moeller, CEO


Clifton Mining

Resource Summary

The Clifton Shear Veins

The Clifton Shear Zones are just one of the numerous gold and silver deposits found on the Clifton joint venture properties. The Shear Vein system contains over forty identified veins that were mined historically in the 1800′s and early 1900′s. The Shear Vein system is made up of mostly patented mining claims. These claims were originally owned by as many as 100 surviving descendants of the original miners. It took management almost 30 years to obtain every patented claim in this historic mine area, and to form them into one contiguous block of claims. Two independent mine engineering reports have been issued on the property, both outlining a very large ore potential in the Shear Vein system. But, with recent changes in the laws governing the issuance of proven and probable reserve estimates, neither of the two reports meet the new requirements and as such will not be discussed further herein.

The veins are a rich source of silver, lead and gold. The Shear Veins are unique in the fact that they come right to the surface. The Shear Veins are visible on the surface for distances of up to 6,000 ft. Approximately 100 mine workings penetrate the shear veins and give access into the veins for distances of over 400 ft. The old workings are located on all sides of the Shear Vein property at varying elevations, enabling the company to show consistent silver, gold, and lead values throughout the shear vein system. These veins were originally mined from about 1860 to the early 1900′s. At that time, the ore had to be shipped at least 100 miles by wagon, 3-to-5 tons at a time, to be processed. This attests to the exceptionally high value of the mined ore.

Other Clifton Mineral Deposits

Clifton Mining’s long term value is further enhanced by the identification of additional mineral deposits within the claim area. Two additional types of mineral deposits have been discovered within Clifton Mining’s property boundaries, and there is strong evidence of a third. They are skarn deposits, bedded replacement deposits, and the probable third is a porphyry deposit.

Skarn Deposits

Clifton Mining’s skarn system is a two-mile-long system with numerous surface exposures. (see Figure 1). Historical records in the area report some gold values associated with these skarns to be in the multiple-ounce gold category. Copper, which is also associated with the Clifton skarns, can exceed 10%. Samples taken within Clifton Mining’s skarn system have already shown values in excess of 0.3 oz./ton gold. Further drill work and sampling will be necessary to delineate exact boundaries and tonnage potentials, however it is currently estimated that Clifton’s skarn system may hold as much mineral value potential as the Shear Zones.

Bedded Replacement Deposits

Clifton Mining has already discovered and assayed numerous bedded replacement deposits within the Clifton claim block (see Figure 2). . The assay values associated with these deposits have typically been very high-grade. Assay work completed on the surface and within accessible mine workings, shows value ranges from 0.014 to 0.50 oz./ton gold, 8.0 to 50.0 oz./ton silver, 1 to 30% copper (Monocco bedding), and lead values from 7 to 34%. Current information shows average values within the bedded replacement deposits of approximately 0.04 oz./ton gold, 12 oz./ton silver, and 10% lead. The Clifton Cabin bedding, which was core drilled (see announcement 11/3/97), showed average values of 28.11 oz/ton silver, 17.6% lead, and 0.013 oz/ton gold.

Porphyry Deposit

Clifton Mining can also show strong evidence that a large mineralized porphyry system intrudes the property from the east side, holding promise for a large deep-seated copper or copper molybdenum deposit (see Figure 3). . It is expected that this porphyry deposit will be similar to the Ruth (Robinson) deposit, located only 70 miles south of Clifton Mining’s property. The Ruth deposit has produced 320 million tons of ore to date, including 2.7 million tons of copper and 90 tons of gold.

Ultimate Potential

Many geologists who have visited the Clifton area have commented on the similarity of this district to the major gold producing areas of the Carlin Trend. There are the same indicator minerals for gold along with numerous silica blowouts, called jasperoids. Drill cores have shown intensive geological activity, preparing the ground for significant mineralization. Ultimately, we hope this district will provide similar world class deposits of gold similar to those of the Carlin Trend.

Recent Results

Our most recent target has been the Kiewit Zone, an area 3 km by 1 km. Dumont has drilled five holes that have intersected a low-grade disseminated gold zone averaging 50 meters (160 feet) thick. The geochemistry of many thousands of soil and rock samples suggests this may be just one of several stacked zones. Dumont plans a major drill program to delineate this zone. Longer term, Dumont believes this zone may host a large epithermal system, and the identification and location of such a system will be an important goal.

Conclusion

Clifton’s management is very positive about the work completed so far and the potential deposits that have been outlined to date, but feel that it is only the tip of the iceberg.k completed so far and the potential deposits that have been outlined to date, but feel that it is only the tip of the iceberg.

FAQ

What's a heap Leach?
Much of the gold that’s mined around the world today uses chemicals to extract the gold from the ore. The most common process for doing this is called a heap leach. In a heap leach, the gold ore is ground down to the optimal leaching particle size (determined after a lot of testing), and then it’s stacked in a layers on top of a very durable plastic type pad (there is also a second safety pad usually put beneath the first one to make sure there are no leaks in the upper pad). After a layer of protective sand is put on top of the pad to protect it from the rocks, the ground up ore is piled on top of the sand, usually in layers of 5-10 feet in thickness. Then a water/chemical solution is sprayed over the top of the heap of ground up ore. As the solution flows over the ore particles, it dissolves the gold out of the rocks. The gold stays dissolved in the liquid, thereby removing the gold from the ore. This solution trickles down through the pile and is collected at the bottom in a pond, called a pregnant solution pond. The mine operator will then pull the liquid from the pond and put it through a process that strips the gold from the liquid. The liquid will then be recycled back up to the top of the pile and the whole process will start again. It takes quite a while to extract most of the gold out of the rock, which is why heap leaches usually run for years. You can still be extracting gold from the first ore put on the pile, while new ore layers are being added on top. A heap leach can ultimately end up more than 150 feet high. The chemical used to extract the gold will eventually oxidize or break down chemically and become a plant fertilizer. Once the operation is complete, the heap leach is reclaimed to look like any other hill in the area, the chemical fertilizer may help plants to grow even faster to completely restore the natural look of the entire area.


Clifton Mining

Recent Announcements

2014
  1. ALPINE, UT, Dec. 18, 2014 /CNW/ – Clifton Mining Company (OTCBB: CFTN) has received a distribution from American Silver, LLC totaling $381,250. This distribution, as well as the royalty payments received … To read the full press release, please visit: Newswire

  2. Clifton Mining Company (OTCBB: CFTN) ALPINE, UT, Nov. 19, 2014 /CNW/ – Clifton Mining Company has received its first royalty payment of $24,185 from Desert Hawk Gold Corp. on the Kiewit project. Another smaller royalty payment is anticipated to be received later this week. To read the full release, click […]

  3. ALPINE, UT, Oct. 10, 2014 /CNW/ – Clifton Mining Company (OTCBB: CFTN) has been informed by its partner, Desert Hawk Gold Corp., that production has now begun at the Kiewit project. The first royalty payments are anticipated to be received before the end of the year. To read the full […]

  4. Clifton Mining Company (OTCBB: CFTN) ALPINE, UT, Oct. 3, 2014 /CNW/ – For some time the management of Clifton Mining Company has focused on filling previous vacancies in its board of directors. The focus has been two-fold. One is to have an outside board, with a majority of members not […]

  5. ALPINE, UT, July 10, 2014 /CNW/ – Desert Hawk Gold Corp. has provided the Company with the following update: the construction on the heap leach pad, including the plastic liner, have been installed along with the necessary roads and water diversion. The process plant and assay lab are … to […]

  6. American Biotech Labs® (ABL) has just announced the release of its SilverSol® Tooth Gel Clifton Mining Company (OTCBB:  CFTN) ALPINE, UT, May 22, 2014 /CNW/ – The tooth gel is made with SilverSol Technology® along with the added ingredients of a USP xylitol and an organic therapeutic grade peppermint oil.  […]

American Biotech Labs

Clifton Mining owns approximately 20% of American Biotech Labs.
For more information about American Biotech Labs visit: American Biotech Labs


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Clifton Mining

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80 W. Canyon Crest Rd. Alpine, UT 84004
801-756-1414

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