Clifton Star Resources Profile
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