Comstock announces that it has closed the first tranche of its non-brokered private placement announced on June 29. The first tranche consisted of: (a) 625,000 flow-through units at a price of $0.20 per FT Unit, each FT Unit being comprised of one common share and one-half warrant; and 1,170,000 non flow-through units at a price of $0.15 per NFT Unit, each NFT Unit being comprised of one common share and one full Warrant.
Comstock is pleased to announce the results from its initial discovery of visible gold on the QV property in the White Gold District. The initial 070-075 degree trending visible gold-bearing quartz vein returned 16.28 g/t Au by metallic screen gold assay, the recommended analytical preparation procedure for coarse gold. The fine (-150 mesh) fraction returned 13.12 g/t gold (Au), indicating that most of the gold occurs as [...]
Comstock is pleased to announce the discovery of visible gold and to provide an update on the progress of its 2012 program on the QV property in the White Gold district, Yukon Territory. Approximately 50% of the 2012 trenching program has been completed on the property, consisting of 550 m in 6 trenches, on the QV Grid in the southern project area with 123 rock samples collected. An additional 941 grid soil samples have [...]
Comstock is pleased to announce that it has commenced exploration on its QV property in the White Gold district. The 2012 exploration program consists of approximately 1.5 line kilometres of trenching and mapping, prospecting, and sampling over soil anomalies defined in 2011. These soil anomalies returned maximum values of 1027.1 ppb Au, 8.7 ppm silver, 3767 ppm arsenic, 66.2 ppm antimony, 4.13 ppm mercury, and 2597 ppm [...]
Comstock Metals is pleased to announce the assay results received from core hole CO-12-71, the first hole ever drilled to test the Esperanza Showing at the Corona Project in the Uruachic-Ocampo District of western Chihuahua, Mexico.
Comstock is pleased to announce the discovery of porphyry-style gold mineralization from its core drilling programme at the Corona Project in the Uruachic-Ocampo District of western Chihuahua, Mexico. The Uruachic-Ocampo District is host to several multi million-ounce gold/silver deposits, including Fresnillo PLC's Orisyvo Deposit with a reported resource of 9.2 Million ounces (M Oz) of gold. At Corona, porphyry-style [...]
Comstock Metals is pleased to announce that initial assays have been received from its first three core drill holes completed at the Northeast Zone at its Corona Gold-Silver Project in the Uruachic District of western Chihuahua, Mexico. Comstock Metals has now completed twelve drill holes at Corona, eleven at the Northeast Zone and one at the Esperanza showing. The drill hole at Esperanza is the first test of this [...]
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