CFTN Stock UPDATES Clifton Mining Co (CFTN) 0.2300 08/20/2014
Post# of 273249
Update on Kiewit Project
PR Newswire - Thu Jul 10, 6:00AM CDT
Clifton Mining Company (OTCBB: CFTN)
Keiwit Zone Project Underway
PR Newswire - Thu Mar 06, 6:00AM CST
Clifton Mining Company's partner Desert Hawk Gold Corp. has broken ground on the construction of a heap leach precious metals operation on the Kiewit Zone. A picture of Rick Havenstrite, President of Desert Hawk, on a dozer officially starting the construction process, is now available on Clifton's website under the new tab Kiewit Project Pictures. The funding for the project is already in place. The large scale mining permits and bonds have been issued. We expect that construction will be finished and gold recoveries are expected from the project before the end of this year. Desert Hawk expects to recover as much as 20,000 ounces of gold annually from the project. Clifton will receive a five percent (5%) net smelter royalty return from all minerals recovered from the Kiewit Zone Gold Project.
Clifton Mining - Kiewit production
PR Newswire - Tue Feb 25, 10:21AM CST
Desert Hawk Mining, Clifton Mining's partner on the Kiewit project, has just received the final tranche of a financing to place Kiewit into production. All necessary permits have been received, and the $5.7 million will fund the construction of a heap leach operation. A bond of $1.3 million has just been posted with the State of Utah. We are hopeful that construction will begin within weeks.
Clifton Mining Company (OTCBB: CFTN)
PR Newswire - Fri Jan 10, 6:00AM CST
Clifton Mining Company (OTCBB: CFTN) is pleased to announce that Desert Hawk Gold Corp. after several years of field work, studies, and reports, has received approval from the Bureau of Land Management (BLM) for the Kiewit Mine Project. This gold mining project includes using a heap leach pad for material processing.