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-0.002
-4.55%
0.048 / 0.067 (1 x 1)
705 East 50 South
American Fork, UT 84003
705 East 50 South
American Fork, UT 84003
None
1070 MECHAM LANE,
MIDVALE, UT 84047
5050 FM 423
Frisco, TX 75034
100 East Wisconsin Avenue
Suite 3300
Milwaukee, WI 53202
Clifton Mining Company is a mining property management Company. Currently, some of the Company’s properties are leased out to a company who is recovering daily gold and silver from the property through a heap leach operation. In the beginning years, the Company was engaged in the process of acquiring, exploring, and developing properties or selling the properties at an appreciated value. The Company has acquired several claims which have previously been in production, with historical production records. The Company has obtained a report calculating mineralized material for the Clifton shear zone property and is no longer considered to be in the exploration stage. The Company is now primarily engaged in property management by joint venturing the properties to other companies including the use of the Company’s equipment to bring the claims into production and investing in other businesses.
The Company's owns 82 patented mining claims including, 10 patented claims owned 50% by The Woodman Mining Company, 402 unpatented lode claims, including 32 placer claims, and 7 state mineral leases, in total covering approximately 14,667 acres. The properties are located in the Gold Hill/Clifton Mining District, Tooele County, Northwest Utah area. The Company owns 61% of The Woodman Mining Company. The Company also owns two mill buildings located in Gold Hill, Utah, along with some milling and mining equipment located in those buildings, however, there is no current production in either of the facilities. The Company does own approximately 5.8 million shares of stock of Desert Hawk Gold Corp, who has a current heap leach operation going on a portion of the Company's property. The Company also leases office space in American Fork, Utah.