Clifton Mining Signs Mining Venture Agreement with Desert Hawk Gold Corp.
Agreement provides a significant step toward commercial production for mining properties owned by Clifton Mining Company and its subsidiary, Woodman Mining Company
Under terms of the Clifton-Desert Hawk agreement, Desert Hawk has paid
Clifton and its former strategic partners have spent more than 15 years and more than
"We are delighted with the opportunity to work with Desert Hawk in developing our rich mineral resources, and have every confidence that this partnership will bring value to Clifton and its shareholders," said
Clifton has already filed environmental impact studies for its mining properties with all relevant state and federal agencies, and is in the process of obtaining all necessary permits and approvals to engage in comprehensive mining operations. Desert Hawk anticipates that the venture will be in commercial production by Q3 2010.
About Clifton Mining Company
Clifton trades on the U.S. OTC: (CFTN). For additional information, contact Dr.
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
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