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Gold/Mining/Energy : Clifton Mining (CFB-Alberta)-Silver Play -- Ignore unavailable to you. Want to Upgrade?


To: triplehrw who wrote (499)6/9/1999 12:01:00 AM
From: O. H. Rundell  Read Replies (1) | Respond to of 653
 
And I thought I had invested in a mining company....

"Attention Business Editors:

"Clifton's Silver Investment Takes Off

"ALPINE, UT, June 7 /CNW/ - Clifton Mining Company (OTCBB: CFTN and ASE:CFB) is pleased to announce that American Silver L.L.C., a private company in which Clifton owns a 40% interest, is making great strides in the fight against bacteria and has just filed its first patent application.

"Testing of American Silver's Antibacterial product (ASAP Solution) is happening at three independent laboratories: one that specializes in yeasts, one that specializes in bacteria, and another that specializes in water treatment.

"''The test work has gone well,'' said Keith W. Moeller VP. The bacterial test work is being conducted at Brigham Young University (BYU), under the direction of Dr. Ron W. Leavitt Ph.D. In test work completed at BYU, the ASAP Solution has been able to eradicate every bacteria tested so far. The solution has been tested against five types of food poisoning bacteria, including E. coli, Salmonella arizona, Shigella boydii (violent food poisoning). Five types of Streptococcus bacteria, including Streptococcus pneumoniae (the leading cause of earaches in children) have also been tested
against the solution. Other tests have included Staphylococcus aureus, as well as bacteria that cause influenzas, pneumonia, burn and cut infections, throat and skin infections, urinary tract infections, ear and sinus infections. Work at the University Of California at Davis has shown that the solution has the ability to completely inhibit the growth of yeasts.

"Water treatment tests have shown that when used in raw river water, the ASAP Solution killed 100% of the bacterial colony-forming units in just 1.5 minutes of contact. After completing comparison tests, BYU microbiologist David Revelli concluded, ''These results suggest that American Silver's ASAP product has greater antimicrobial activity than the other silver products tested.''

"American Silver has just filed its first patent on the ASAP Solution and expects to file three more patents within the 12 months. Newspapers have started covering the advances made with the solution, as well as the successes individuals have reported using the solution for children's earaches, sore throats, sinus infections, burns and cuts, diaper rash, and canker sores. The latest newspaper articles, test results and product purchasing information, have been posted on the American Silver website at www.amsilver.com.

"With metals prices continuing to plummet, management feels that the American Silver investment will have a very beneficial effect on the Company's bottom line. This would potentially provide Clifton with constant income and the further funding that it needs in order to continue to move forward in its reserve building and mining projects.
"Clifton ceased operations at the Gold Hill mill in February and plans to restart operations, as soon as metalsprices recover."

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
-0- 06/07/1999

For further information: William D. Moeller, Chairman/CEO; Keith W. Moeller, Vice President, www.cliftonmining.com, (801) 756-1414, Fax: (801) 756-5454

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Release sent courtesy of Canada NewsWire Portfolio Email.