#United States #American Fork #Clifton Mining #Desert Hawk #American Silver

Clifton Mining Company's Exciting Production Revival

In a significant announcement, Clifton Mining Company (OTCBB: CFTN) has revealed that Desert Hawk Gold Corp. has recommenced mining activities. This resurgence marks a pivotal moment for both companies as they navigate initial operational challenges on the heap leach pad. The mining group is optimistic about making their first metal sales within the next few weeks, indicating a positive outlook for future financial performance.

The company’s recent audited financial statements for 2024 provide an insightful glimpse into their economic standing. Notably, Clifton recorded a slight decline in owner’s equity, dropping from $4,582,703 in 2023 to $4,440,862 in 2024. However, amidst this decrease, American Silver, LLC, a subsidiary of Clifton, experienced a robust 17% rise in product sales—that is, from $12,089,669 in 2023 to $14,165,802 in the following year.

Such growth showcases the company's operational resilience and market potential despite facing earlier financial fluctuations. Clifton’s management remains optimistic that with Desert Hawk's operational revival, the company is likely to see dividends from metal sales likely later in the year, which would be a welcomed outcome for stakeholders.

Recent Distributions and Positive Cash Flow

Adding to the upbeat news, American Silver, LLC recently declared a member share distribution of $0.065, amounting to $119,605 to be distributed to Clifton Mining, their largest shareholder. This distribution is a clear indicator of American Silver's healthy cash flow and potential for future distributions now that mining operations are reopening.

Investors and analysts are encouraged to consider these developments seriously. Clifton Mining, which trades under the symbol