Shares of Clifton Mining Company surged ahead by 19% this morning as news that Desert Hawk Gold Corp., Clifton's joint venture partner is raising cash in a private placement.
Desert Hawk Gold Corp., based in SPOKANE, WA, has raised $75,000 of a $4,600,000 private offering. Desert Hawk Gold Corp. reported this private offering July 18, 2011 in an SEC Filing with the U.S. Securities and Exchange Commission (Form D).
Desert Hawk Gold Corp. has a new web site under construction here. More information on Clifton Mining Company can be found at the company website here.
The Form D showing this transaction can be found here.