Company Profiles – Fri 17 Sep, 2010

Clifton Star Resources Profile

www.cliftonstarresources.com

Symbol
TSX-V : CFO

Clifton Star Resources Inc. (TSX.V: CFO) ["Clifton Star"] (Frankfurt Exchange: C3T) is a junior mining exploration company with a focus on six properties that have had historic production of gold, silver, copper and nickel. The portfolio consists of five properties near the Porcupine-Destor Fault in Quebec and one on the Manitoba Ontario border.of seven properties, six of them near the Porcupine-Destor Fault in Quebec and one on the Manitoba Ontario border, all in Canada.

With seven drills operating, Clifton Star is well capitalized for the 2009 program. Tailings reclamation on the Beattie property has the potential to yield 220,000 ounces of gold over three years. A Humphrey Spiral concentrator is in operation to test the tailings for recoverability of the contained gold.

The company has just released the results of a Preliminary Economic Assessment on the Duparquet Project resulting with a new NI 43-101 Resource in January 2013 for 2.4M oz Measured and Indicated and 1.5M oz Inferred. The NI 43-101 resource estimate was used to develop an open-pit mining plan resulting in 1.67 million ounces of gold. The mine plan was designed for a nominal 8,000 tonne-per-day operation, with an average stripping ratio of 5.52 and life of mine of 16 years.

 

Management

Harry Miller – CEO and President

Michel Bouchard – CEO and President

Ian M. Beardmore CA – CFO

Louis Dufour, CA – CFO and VP Finance

Fred Archibald P. Geo, OGQ – V.P. of Exploration

Louis Martin, P. Geo. – VP Exploration

David Dreisinger, P.Eng., F.C.I.M., F.C.A.E. – VP Metallurgy

 

Board of Directors

Harry Miller – Chairman

Dean S. Rogers P.Geo, OGQ – Senior Geologist

Fred Archibald P. Geo, OGQ – Director

Nick Segounis – Director

Philip Nolan LLB – Director

George Kanalos – Corporate Secretary

Ross Glanville – Chairman

Peter Gundy – Director

Philip Nolan – Director

Yves Harvey – Director

Michel Bouchard – Director

 

Corporate Address
Rogers Building
Ste. 836 – 470 Granville St
Vancouver, BC V6C 1V5
Phone: 604-688-4706
Email: info@cliftonstarresources.com

1040, Belvedere Avenue

Suite 217

Quebec, QC, Canada

G1S 3G3

Phone: 418-914-9922

Email: jblackburn@cfo-star.com

 

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