The Gold Report

Clifton Star Resources Inc. TICKER: CFO:TSX.V; C3T:FSE Clifton Star Resources Inc. is a junior mining exploration company with a focus on six properties that have had historic production of gold, silver, copper and nickel. The company's portfolio consists of seven properties, six of them near the Porcupine-Destor Fault in Quebec, one on the Manitoba-Ontario border, and all in Canada.

The information provided below is from analysts, newsletters and other contributors. Please contact the company and visit its website before making an investment decision.

Expert Comments:

Killian Charles, Industrial Alliance Securities (5/14/13) "Clifton Star Resources Inc. announced results from its 2013 drill program at Duparquet. . .noteworthy holes include BD13-02 (31m at 1.41g/t Au), BD13-03 (90m at 1.13g/t Au) and D13-10 (24m at 2.11g/t Au). . .we emphasize holes BD13-03 and D13-10 as high-grade intercepts immediately below the pit shell. . .overall, the drilling indicates that the confidence level in the new resource should increase substantially. . .we are reaffirming our Speculative Buy rating."

Killian Charles, Industrial Alliance Securities (5/14/13) "Clifton Star Resources Inc. announced results from its 2013 drill program. . .importantly, many of the new intercepts are proximal to the current pit shell and are very likely to be recovered. We emphasize holes BD13-03 and D13-10 as high-grade intercepts immediately below the pit shell. . .BD13-01 could substantially expand the pit dimensions southward. . .overall, the drilling indicates that the confidence level in the new resource should increase substantially. . .we are re-affirming our Speculative Buy rating and $1.75 target."

The Gold Report Interview with Killian Charles (4/22/13) "Clifton Star Resources Inc. has an old asset that's been looked at a number of times. . .now, there's a whole new team that is serious about the project. In a span of 12–18 months, the new team has been able to complete a new resource, put out a PEA and advance toward a prefeasibility study. This group can properly bring the project closer to fruition. . .Clifton's project benefits from having a higher grade and lower strip ratio. Clifton's project is close to a community but the current mine plan doesn't require anyone to move. . .Clifton Star is currently in the stages of taking a bulk sample and it's going to produce a product that it hopes to market to different smelters across the world." More >

Michael Fowler, Loewen, Ondaatje & McCutcheon (3/28/13) "Clifton Star Resources Inc. announced the results of some metallurgical studies that indicate a potentially positive alternative processing method to that which was suggested in the PEA study tabled on January 13, 2013. The study indicates that if the deposit was processed by a floatation circuit in the mill, a concentrate could be produced which would have gold grades between 39 g/t and 84 g/t. . .the savings, particularly in the capital cost of the project, would be $157.5M. . .the stock is inexpensive, trading at a resource EV/oz of $20."

Killian Charles, Industrial Alliance Securities (3/28/13) "Clifton Star Resources Inc. announced results from preliminary metallurgical test studying Duparquet ore's amenability to producing a high-grade concentrate (1+ oz/t Au). . .the six gold concentrates produced by SGS Minerals grade between 39 g/t to 84 g/t Au after a single stage of flotation. . .producing and selling a gold concentrate would eliminate the need for a pressure oxidization plant and associated capital and operating costs. . .we believe this alternative could prove highly beneficial to the company. . .we are confident the impact to the project will be positive."

Clifton Star Resources Inc. Content

CFO: SNN Interviews CEO Michel Brouchard

CFO CEO on Recent Positive PEA

CFO: 3-D Drill Tour of Duparquet

Corporate Presentation (4/1/13)

(6/26/12) CFO: CEO Michel Bouchard on Jay Taylor Radio

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