NEWS: Mining permits awarded.
Regards
Dan
Monday May 13, 7:00 am Eastern Time
Press Release
SOURCE: Clifton Mining Company
Clifton Mining Receives Large Scale Mining/Milling Permit
ALPINE, UT, May 13 /PRNewswire-FirstCall/ - Clifton Mining Company (Clifton) (OTC: CFTN - News) is pleased to announce that it has just received approval for its large scale mining/milling permit and plan of operation. Clifton had already received tentative approval, pending the placement of a $38,000 reclamation bond, with the State of Utah Department of Oil, Gas and Mining. Clifton has now finished the paperwork and placed the cash bond. Mr. Bill Moeller said,
"This is a very important step for our mining company, because now,
after four or five years of negotiations and work with government
agencies, we are approved to move to a large-scale operation. It takes
years to get these kind of mining/milling permits; that is, if you are
lucky enough to get them at all. We are glad to say that we are already
there. We have the permits in hand for large-scale production as soon
as drilling is completed. These permits are so hard to get that we have
already had companies, as far as 700 miles away, asking to lease the
plant to process their ores."
Clifton is also pleased to announce that the exploration and mining permits for the Cane Springs mine have also been granted and are in place.
Clifton trades on the U.S. OTC: (CFTN).
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. These include economic, competitive, governmental, technological and other factors discussed in the company's business plan and due-diligence information.
SOURCE: Clifton Mining Company |
