Comstock Metals is cancelling the private placement of both the flow-through shares and the non flow-through units that was announced on October 23, 2012 due to unfavourable market conditions. Comstock Metals' flagship project is the QV Property in the Yukon Territory, which covers 14,180 hectares (35,000 acres) within the prolific White Gold [...]
Comstock Metals announces that it will conduct a non-brokered private placement to raise gross proceeds up to a maximum of $6,000,000 through any combination of: a. flow-through common shares of the Company at a price of $0.45 per FT Share; and b. non-flow-through units (an "NFT Unit") at a price of $0.38 per Unit.
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 10/22/12 -- Comstock Metals Ltd. (TSX VENTURE: CSL) -
Highlights:
-- QV12-004 intersected 89.85 metres (m) of 2.34 grams/tonne gold (g/t Au) starting at 43.75 m including 3.35 m of 9.98 g/t Au, and 45.5 m of 3.04 g/t Au including 12.9 m of 4.89 g/t Au -- The high grades encountered in QV [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 10/10/12 -- Comstock Metals Ltd. (TSX VENTURE: CSL) (the "Company") is pleased to announce preliminary gold assays from two of eight holes recently completed at its QV Project in the White Gold district, south of Dawson City, Yukon. Gold mineralization was intersected in both holes at grades and [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 09/24/12 -- Comstock Metals Ltd. (TSX VENTURE: CSL) is pleased to provide an update on the drilling programme at its QV Project in the White Gold district, south of Dawson City, Yukon.
The drilling program for 2012 is now complete, and consisted of eight core holes totalling 1,334.94 metres. The [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 09/07/12 -- Comstock Metals Ltd. (TSX VENTURE: CSL) ("Comstock" or the "Company") is pleased to announce that a diamond drilling program has commenced on the QV Project in the White Gold district, Yukon.
The drilling program is designed to test strong gold enrichment discovered in trenches at the VG [...]