Clifton Star Resources Inc. (“CFO” or “Clifton”) (TSXV-CFO; Deutsche Boerse-C3T) is pleased to announce the assay results from the remaining 23 drill holes from its 2012 drill program at the Duparquet Project of Quebec’s Abitibi region.

All of the drill holes listed in this press release were completed after the PEA study closing date, and therefore were not included in the new resource estimate of the recently published (January 15, 2013) PEA which showed a pre-tax NPV of $382M (5% discount rate) and a 19.5% IRR for the Duparquet project at a gold price of US$1472 per ounce. At a gold price of US$1700 per ounce, the PEA showed a pre-tax NPV (5% discount rate) of $621 million, an IRR of 27.6%, and a payback period of 2.95 years.

Clifton Star continues to obtain significant assay results from both delineation holes within the limits of the current pits shells and exploration holes outside of the pits shells. The positive results within the pits limits demonstrate that the zones show good grades and continuity, while the exploration holes demonstrate the potential to increase the limits of the current pits shells.

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