AMERICAN FORK, UT, July 30, 2018 /CNW/ - Clifton Mining Company (OTCBB: CFTN) – A new report from a major independent company indicates a number of additional potential gold deposits on Clifton Mining Company's Cane Springs Property. The report indicates that there may be as many as three market grade gold deposits that come to the surface. Surface assays showed gold values as high as 0.5 oz./ton gold. The Cane Springs is a historical high-grade gold producing property operated in the late 1800's. Said Keith Moeller, VP of Property Development, "We believe these are very significant gold finds, historically the area has produced multiple oz./ton gold deposits that are near to surface. We believe these new finds, located strategically next to our recovery mill are a very good target for new potential development into production." Clifton will be looking for a joint venture partner to take on the new project.
In other Clifton news, Desert Hawk Gold Corp. has smelted and processed its first gold/silver doré bar since its restart of their heap leach operations on Clifton's Kiewit property. A picture of the new bar can be seen on the front page of Clifton's website.
Please see the Company's website www.cliftonmining.com for additional Company information. Clifton trades on the U.S. OTC: (CFTN). For additional information, contact Dr. Ken Friedman, President at 303-642-3134, or Keith Moeller at 801-756-1414 ext.100.
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 further information: Dr. Ken Friedman, President at 303-642-3134, or Keith Moeller at 801-756-1414 ext.100.