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The continued surge in the price of the yellow metal has been one of the themes of the past few weeks, and although the rally in the gold price eased on April 3, it should be noted that it had hit a record high very recently.
In light of such a state of affairs, it is only natural for investors to look into companies that are involved in the sector and, hence, could have a bounce. One of the companies that investors may consider looking into at this point is Clifton Mining Company (OTC:CFTN).
Clifton Mining was established back in 1993 and has been an established player in the mining industry ever since. It was established as a natural resource company, and presently, the company is involved in the exploration of metals like lead, silver, and gold. Clifton Mining mines the metals in the 14,027 acres of land that it owns near the border of Nevada and Utah.
The above-mentioned property owned by the company is known for having both lode claims and patented claims. One of the more important things to keep in mind with regard to the operations of Clifton Mining as a gold exploration company is the fact that it also has its own production mill facility. The facility in question produces as much as 250 tons a day.