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Re: None

Thursday, 11/19/2015 8:41:04 AM

Thursday, November 19, 2015 8:41:04 AM

Post# of 592
Royalties of 6% are due to Clifton Mining on sales of gold and silver. Royalties due to Clifton Mining at September 30, 2015 and December 31, 2014 from production at the Kiewit property are $112,700 and $20,289, respectively. Royalty payments are past due and are expected to be paid in 2015 and early 2016. Royalty expense for the three and nine months ended September 30, 2015 is $42,822 and $166,111, respectively.

http://www.sec.gov/Archives/edgar/data/1168081/000121390015008668/f10q0915_deserthawkgold.htm