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Gold/Mining/Energy : Clifton Mining (CFB-Alberta)-Silver Play
CFTN 0.1000+11.1%Nov 14 9:30 AM EST

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To: virginijus poshkus who wrote (94)6/17/1997 9:49:00 PM
From: Claude Cormier   of 653
 
<< I would expect things to progress to 2mm ozs per year easily in 1-2 years >>

Could be if they have an agreesive mining plan. I got the doc and read that they have at least two zones that have in excess of 2M ounces of high grade (12 opt+) and as much as 8% lead. If they mined these first they could generate enough c/f to explre and prove reserves as well as complete that 2nd mill.

I will check wit them tomorrow what is their plan. BTW do you know deep they are in the tunnel as of we speek ?

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