To All
Clifton Obtains Majority Interest Of Silver Health Supplement Company
ALPINE, UTAH, Dec. 8 /CNW/ - Clifton Mining Company (OTCBB: CFTN and ASE: CFB) is pleased to announce that the company has obtained the majority interest in American Silver L.L.C., in a cash transaction, which is a new private company that manufactures and distributes health supplement-colloidal silver products. Said Mr. Moeller, ''Today, many people are worried because the available antibiotics are no longer able to kill some of the bacteria etc. that plague mankind. We have found, what may be an answer to the problem. In Science Digest, March, 1978, in an article called ''Silver, Our Mightiest Germ Fighter'', it states that ''An antibiotic kills perhaps half a dozen different disease organisms, but silver kills some 650. Resistant strains fail to develop. Moreover, silver is virtually non-toxic. Silver is the best all around germ-fighter we have'' Richard L. Davis, executive director of the Silver Institute stated, ''We're just beginning to see to what extent silver can relieve suffering and save lives''. The good news is that colloidal silver may be taken internally by humans and may actually help boost the immune system. Clifton Mining Company has been searching for ways to make down-line profit from silver products and the acquisition of American Silver L.L.C. is a perfect fit, multiplying silver values at least 50 fold, and at the same time making a product that may significantly benefit mankind. We also expect that the market will only get stronger for the health supplement products that American Silver can manufacture.'' Clifton will still maintain its focus of opening up the Cane Springs Mine, increasing the gold reserves by drilling and then produce from the high-grade gold resources available there. Said Mr. Moeller, ''We feel that the new acquisition in American Silver will add significantly to the company's revenues. Because of the increased value that we can realize from the use of silver, in the making of colloidal silver, the new investment will help insure revenues for the company even when the market is plagued by low precious metals prices.'' American Silver is currently producing, bottling and marketing colloidal silver products. For more information on colloidal silver, its history and uses, as well as product ordering information, please see the new silver supplement information available on Clifton's website at www.cliftonmining.com or go straight to American Silver's new website at www.cliftonmining.com/silver/.
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. The Alberta Exchange neither approves nor disapproves of the contents of this news release. %SEDAR: 00008095E
-30- |