October 26, 2006

PRESS RELEASE

Clifton Mining Company Inc. (OTC : CFTN.PK)
FOR RELEASE – October 26, 2006

Clifton Mining Company ANNOUNCES CARLIN-STYLE GOLD Discovery

Clifton Mining Company’s joint venture partner, Dumont Nickel, has announced the discovery of Carlin-style gold mineralization at Rattler Project Area, part of the company’s joint-venture property in the Clifton area of western Utah.

“The 3.5 square-mile Project Area was discovered during reconnaissance surface sampling, and comprises a 3 km long and 1 km wide corridor of gold anomalies with upward to 0.48 ppm (parts per million) gold in soil samples. The soil anomalies are reinforced by underlying outcrops of equally anomalous disseminated gold-bearing calcareous siltstone, gold bearing siliceous material and related jasperoids in a complexly faulted geological setting.

The spatial association of gold bearing jasperoids, abundant silicification and the calcareous siltstone is significant, suggesting good potential for the Area to host Carlin style sediment hosted disseminated gold mineralization.”

While this area has not previously been drilled, historic records from the southern part of the Project Area report up to 20 meters (65 feet) thick gold-bearing material with grades above the average for the Carlin Trend, and in some places up to 2 ounces (60 grams) per ton. This drill data is in an area about 2 km south of the surface anomalies discovered by our joint venture partner. They suggest that the new gold discovery could be a surface outcrop of the same mineralized system. If that were the case, we would be looking at a major system.

Clifton eagerly looks forward to the continued exploration of this Project Area.

Clifton trades on the U.S. OTC: (CFTN). For additional information, contact Dr. Ken Friedman, President at 303-642-0659, or Keith Moeller, Vice President at 801-756-1414 or see our website at www.cliftonmining.com

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Note: Any statements released by Clifton Mining Company that are forward looking are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Editors and investors are cautioned that forward looking statements invoke risk and uncertainties that may affect the company’s business prospects and performance.