Clifton Mining Company
Other OTCCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.- CEO
- Kenneth S. Friedman
- Full Time Employees
- 6
- Sector
- Basic Materials
- Industry
- Other Precious Metals
- Address
- 705 East 50 South American Fork UT United States of America 84003
- IPO Date
- Oct 15, 2003
- Website
- cliftonmining.com
- Similar Companies
- Business
- Clifton Mining Company (OTC: CFTN), a natural resource company founded in 1993 and headquartered in American Fork, Utah, acquires, explores, develops and sells mineral properties primarily focused on silver, gold and lead deposits in the Gold Hill/Clifton mining district, Tooele County, northwest Utah; its core assets include 82 patented claims, 402 unpatented lode claims comprising 32 placer claims, and 7 state mineral leases covering approximately 14,667 acres, encompassing the historic Clifton Shear Zones with abundantly mineralized veins averaging 2.5 to 10 feet wide outcropping for over a mile, skarn deposits with gold and copper potential, bedded replacement deposits yielding high-grade silver, lead and copper, and jasperoid outcrops indicative of Carlin Trend-style gold mineralization; the company also holds a substantial equity stake of 5.5 million shares in Desert Hawk Gold Corp., operator of the Kiewit heap leach gold project on Clifton property, producing approximately 6 ounces of gold per day on a cash flow positive basis with ongoing expansions including pit enlargement and staff ramp-up. Recent developments include the successful acquisition of an additional 640 acres of strategic state trust land near Gold Hill in late 2024 for under $4,000 initial lease payment, bolstering its land position; Desert Hawk's emergence from Chapter 11 bankruptcy dismissal, resumption of heap leach operations with gold production exceeding 400 ounces monthly plus silver byproducts, and approval for significant pad and pit expansions confirming geologic continuity and open deposit potential; a strategic pivot announced at the October 2025 annual meeting toward partnering for development of high-value shear zones amid rising precious metals prices, alongside positive updates from affiliate American Silver LLC with 70% Amazon reorder rates and sales growth.
Clifton Mining Company (OTCBB: CFTN) (Clifton) - "June 2026 Report"
Clifton Mining Company (OTCBB: CFTN) (Clifton) - "Board Member Passing"
Clifton Mining Company (OTCBB: CFTN) (Clifton) - "Distribution and Production Update"
Clifton Mining Company (OTCBB: CFTN) (the "Company") - "Annual Meeting Voting Results"
Clifton Mining Company (OTCBB: CFTN) (Clifton) - "Production Update"
Clifton Mining Company mourns the passing of Board Member, Stanley J. Cutler
AMERICAN FORK - Clifton Mining Company (OTCBB: CFTN) (Clifton) - "December 2024 Update Report"
Clifton Mining Company (OTCBB: CFTN) Announces Annual Meeting Voting Results
Clifton Mining Company (OTCBB: CFTN) (the "Company") - "Annual Meeting Voting Results"
Clifton Mining Shareholders Demand Special Meeting to Replace Directors