Replies to post #157 on Clifton Mining Company (CFTN)

[bigone]

The Federal government has passed the ownership to the claimant.
Appears to be much potential?

[Lazarus]

Here:

Differences in Ownership of certain types of claims:
PATENTED MINING CLAIM: A patented mining claim is one for which the Federal Government has passed its title to the claimant, making it private land. A person may mine and remove minerals from a mining claim without a mineral patent. However. a mineral patent gives the owner exclusive title to the locatable minerals. It also gives the owner title to the surface and other resources.
this means: You own the Land as well as the minerals , unless the minerals have previously been conveyed away. Title reports will show this. * You can own the land without owning the minerals. & vice-versa - *You can own the minerals without owning the land




UNPATENTED MINING CLAIM: An Unpatented mining claim is a particular parcel of Federal land, valuable for a specific mineral deposit or deposits. It is a parcel for which an individual has asserted a right of possession. The right is restricted to the extraction and development of a mineral deposit. The rights granted by a mining claim are valid against a challenge by the United States and other claimants only after the discovery of a valuable mineral deposit.
this means: You are leasing, from the government, the right to extract minerals. No land ownership is conveyed.

SOURCE

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FROM THE FIRST PARAGRAPH OF THE LAST PRESS RELEAS:

("Clifton") - Purchase of Patented Claims
PR Newswire

AMERICAN FORK, UT, July 2, 2019

AMERICAN FORK, UT, July 2, 2019 /PRNewswire/ - Clifton management is pleased to announce the acquisition of 44 additional patent mining claims. This purchase more than doubles the current number of 38 patented mining claims owned by the Company to a new total of 82 patented mining claims. These new patented mining claims add an additional 731 acres, taking the total number of acres owned or controlled by the Company to more than 14,000 acres.