Clifton Star Announces Updated NI 43-101 Resource Estimate for the Donchester Portion of the Duparquet Property
Published : June 13, 2011

Mineral Resource Estimates Include Over 1.7 Million Ounces Gold (Measured and Indicated) and Over 3.4 Million Ounces Gold (Inferred)

( 0 vote, 0/5 ) Print article
  Article Comments Comment this article Rating Follow Company  
0
Send
0
comment
Keywords :   Gold | Market |

VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 13, 2011) - Clifton Star Resources Inc. (News - Market indicators)(FRANKFURT:C3T) has received an updated NI 43-101 compliant report from Peter Bevan, P. Eng., on the Donchester property of the Duparquet Gold Project in Duparquet township of southwestern Quebec operated under a joint venture agreement with Osisko Mining. The report, commissioned by Clifton Star, states a total of 22.512 million tonnes grading 1.84 g/t gold (1,332,000 ounces) in the measured and indicated category; and 4.650 million tonnes grading 2.02 g/t gold (302,000 ounces) in the inferred category, based on a cutoff grade of 0.50 g/t gold. Mr. Bevan utilized the polygonal method of calculation on a total of 218 drill holes. A NI- 43-101 report to reflect the 2010 drilling program on the Duquesne is expected within two or three weeks, and that figure will be announced at that time. The following table summarizes the resources by property:

Property Tonnes Grade Oz Cut-off
         
Donchester        
  Measured and indicated 22,512,260 1.84 1,331,936 0.50
  Inferred 4,649,800 2.02 301,828 0.50
         
Central Duparquet        
  Measured and indicated 1,382,134 2.79 123,967 0.50
  Inferred 309,158 2.52 25,048 0.50
         
Beattie tailings        
  Measured and Indicated 4,757,280 0.76 114,700 0.30
  Inferred 2,913,600 0.72 67,400 0.30
         
Duquesne (Genivar)        
  Measured and indicated 1,859,200 3.33 199,161 3.00
  Inferred 1,563,100 5.58 280,643 3.00
         
Beattie (SGS-Geostat)        
  Inferred 56,220.000 1.53 2,773,000 0.67

The Company is looking forward to a summer and winter drilling campaign with the view to increasing the resource of open-pit and underground potential, placing more ounces in the measured and indicated category by infield drilling, extending those holes that were stopped in mineralization, and initiating deep drilling in the higher grade envelopes. Fred Archibald, P Geo, OGQ and VP of Exploration has reviewed and approved of this news release, and is deemed to be a Qualified Person.

This news release may contain forward-looking statements which address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from these currently anticipated in such statements.

On behalf of the Board,

Harry Miller, President

Neither the TSX-Venture Exchange nor its Regulatory Provider (as the term in defined in the policies of the TSX-Venture Exchange) accepts responsibility for the accuracy or adequacy of the release.

Clifton Star Resources Inc.
Harry Miller
425-453-0355
hmiller@cliftonstarresources.com
www.clftonstarresources.com

Clifton Star Resources

EXPLORATION STAGE
CODE : CFO.V
Follow and Invest
Add to watch list Add to your portfolio Add or edit a note
Add Alert Add to Watchlists Add to Portfolio Add Note
ProfileMarket
Indicators
VALUE :
Projects & res.
Press
releases
Annual
report
RISK :
Asset profile
Contact Cpy

Clifton Star is a gold exploration company based in Canada.

Its main exploration properties are DUQUESNE, HUNTER, BEATTIE, DONCHESTER, DUMICO, CAT LAKE and DUPARQUET in Canada.

Clifton Star is listed in Canada. Its market capitalisation is CA$ 19.5 millions as of today (US$ 14.8 millions, € 13.1 millions).

Its stock quote reached its highest recent level on March 12, 2010 at CA$ 8.25, and its lowest recent point on December 05, 2014 at CA$ 0.06.

Clifton Star has 48 210 000 shares outstanding.

Your feedback is appreciated, please leave a comment or rate this article.
Rate : Average note :0 (0 vote) View Top rated
 
Financings of Clifton Star Resources
3/11/2015Announces Closing of Private Placements
11/13/2012Announces the Closing of the Brokered Flow-Through Private P...
10/31/2012Announces Brokered Flow-Through Private Placement
Option Grants of Clifton Star Resources
2/6/2013Retains Albis Capital Corporation as Consultant for Investor...
1/11/2013Retains Mr. Louis Morin as Consultant for Investor Relations
Project news of Clifton Star Resources
9/18/2013(Duparquet)Confirms Excellent Gold Recoveries in Pilot Plant Testing on...
9/12/2012(Duparquet)Announces an Amended Option Agreement on the Duparquet Proje...
6/21/2011(Duparquet)Drilling to Commence at Duparquet
Corporate news of Clifton Star Resources
12/22/2015clifton-star-announces-new-drill-results-from-the-duparquet-...
3/11/2015Clifton Star Resources Announces Closing of Private Placemen...
3/2/2015Clifton Star Resources Announces Private Placements and Sett...
3/2/2015IIROC Trading Resumption - CFO
3/2/2015Clifton Star Resources Announces Private Placements and Sett...
3/2/2015IIROC Trading Halt - CFO
1/9/2015Clifton Star Sets Date for Requisitioned Meeting
12/18/2014Clifton Star Resources Reports on Voting Results from 2014 A...
12/17/2014Clifton Star Resources Reports on Voting Results From 2014 A...
12/10/2014Clifton Star Issues Urgent Shareholder Letter
12/9/2014Clifton Star receives $2.76 million in Quebec Tax Credits
12/1/2014Clifton Star does not exercise its Duparquet Option
12/1/2014IIROC Trading Resumption - CFO
12/1/2014IIROC Trading Halt - SED; BFK.P; CFO
11/25/2014Quebec Superior Court rejects Clifton Star’s Safeguard motio...
11/24/2014IIROC Trading Resumption - CFO
11/24/2014IIROC Trading Halt - CFO
10/30/2014Clifton Star Files for a Safeguard Order Regarding the Dupar...
4/9/2014Clifton Star Announces Positive Pre-Feasibility Study on the...
10/3/2013Announces That it has Adopted an Advance Notice By-Law
9/4/2013(Duparquet)Intersects 2.25 g/t Au Over 34 m and 1.51 g/t Au Over 39 m, ...
8/21/2013(Duparquet)Intersects 2.46 g/t Au Over 18.5 m and 2.50 g/t Au Over 17.0...
6/28/2013(Duparquet)Announces a Substantial Increase in the Gold Resource at its...
6/19/2013Drills 5.64 g/t Au Over 34.0 m, Including 8.36 g/t Au Over 1...
6/6/2013(Duparquet)announces Drill Results from the Duparquet Project Including...
5/13/2013(Duparquet)Announces Drilling Results from the Duparquet Project Includ...
4/16/2013Grants Stock Options
3/27/2013(Duparquet)Produces High Grade Gold Concentrates From the Duparquet Pro...
2/14/2013(Duparquet)Announces Final 2012 Drilling Results from the Duparquet Pro...
10/23/2012(Duparquet)Announces Exploration Results at Duparquet, Including 1.29 g...
9/17/2012Grants Stock Options
6/13/2011(Duparquet)Announces Updated NI 43-101 Resource Estimate for the Donche...
Comments closed
 
Latest comment posted for this article
Be the first to comment
Add your comment
TSX-V (CFO.V)
0.405+3.85%
Last quotes and information before delisting
Prev close Open
0.390 0.390
Low High
0.385 0.405
Year l/h YTD var.
 -  -
52 week l/h 52 week var.
- -  0.405 -1.22%
Volume 1 month var.
175,908 -1.22%
Produces
Develops
Explores for Copper - Gold - Nickel - Silver - Zinc
 
 
 
Analyse
Interactive chart Add to compare
Interactive
chart
Print Compare Export
Last updated on : 2/4/2010
You must be logged in to use the porfolio and watchlists (free)
Top Newsreleases
MOST READ
Annual variation
DateVariationHighLow
 
5 years chart
 
3 months chart
 
3 months volume chart
 
 
Mining Company News
Plymouth Minerals LTDPLH.AX
Plymouth Minerals Intersects Further High Grade Potash in Drilling at Banio Potash Project - Plannin
AU$ 0.12-8.00%Trend Power :
Santos(Ngas-Oil)STO.AX
announces expected non-cash impairment
AU$ 7.75+0.52%Trend Power :
Oceana Gold(Au)OGC.AX
RELEASES NEW TECHNICAL REPORT FOR THE HAILE GOLD MINE
AU$ 2.20+0.00%Trend Power :
Western Areas NL(Au-Ni-Pl)WSA.AX
Advance Notice - Full Year Results Conference Call
AU$ 3.86+0.00%Trend Power :
Canadian Zinc(Ag-Au-Cu)CZN.TO
Reports Financial Results for Q2 and Provides Project Updates
CA$ 0.12+4.55%Trend Power :
Stornoway Diamond(Gems-Au-Ur)SWY.TO
Second Quarter Results
CA$ 0.02+100.00%Trend Power :
McEwen Mining(Cu-Le-Zn)MUX
TO ACQUIRE BLACK FOX FROM PRIMERO=C2=A0
US$ 11.94+9.34%Trend Power :
Rentech(Coal-Ngas)RTK
Rentech Announces Results for Second Quarter 2017
US$ 0.20-12.28%Trend Power :
KEFIKEFI.L
Reduced Funding Requirement
GBX 0.54-2.55%Trend Power :
Lupaka Gold Corp.LPK.V
Lupaka Gold Receives First Tranche Under Amended Invicta Financing Agreement
CA$ 0.06+0.00%Trend Power :
Imperial(Ag-Au-Cu)III.TO
Closes Bridge Loan Financing
CA$ 2.69+13.03%Trend Power :
Guyana Goldfields(Cu-Zn-Pa)GUY.TO
Reports Second Quarter 2017 Results and Maintains Production Guidance
CA$ 1.84+0.00%Trend Power :
Lundin Mining(Ag-Au-Cu)LUN.TO
d Share Capital and Voting Rights for Lundin Mining
CA$ 15.60+1.83%Trend Power :
Canarc Res.(Au)CCM.TO
Canarc Reports High Grade Gold in Surface Rock Samples at Fondaway Canyon, Nevada
CA$ 0.24+0.00%Trend Power :
Havilah(Cu-Le-Zn)HAV.AX
Q A April 2017 Quarterly Report
AU$ 0.19+0.00%Trend Power :
Uranium Res.(Ur)URRE
Commences Lithium Exploration Drilling at the Columbus Basin Project
US$ 6.80-2.86%Trend Power :
Platinum Group Metals(Au-Cu-Gems)PTM.TO
Platinum Group Metals Ltd. Operational and Strategic Process ...
CA$ 1.87+5.65%Trend Power :
Devon Energy(Ngas-Oil)DVN
Announces $340 Million of Non-Core Asset Sales
US$ 52.61+0.98%Trend Power :
Precision Drilling(Oil)PD-UN.TO
Announces 2017Second Quarter Financial Results
CA$ 8.66-0.35%Trend Power :
Terramin(Ag-Au-Cu)TZN.AX
2nd Quarter Report
AU$ 0.04+0.00%Trend Power :