Comstock Mining Inc. and Comstock Northern Exploration, LLC , a wholly-owned subsidiary of the Company, entered into a Mineral Exploration and Mining Lease Agreement with the Sutro Tunnel Company , in order to lease certain patented mining claims, exploration rights and town lots in the Gold Hill and Virginia City Mining District in Storey County [...]
Comstock Mining Inc. announced that it has contracted to lease and sell one of its three major non-mining assets, the Daney Ranch property, located near Dayton, Nevada, for a purchase price of at least $2.7 million. The Company entered into an agreement with the owner of an established exploration and mine development drilling services company, to [...]
Comstock Mining Inc. announced that it has contracted with Geotech Ltd of Aurora, Ontario, Canada to conduct airborne geophysical surveys of its wholly owned Dayton resource area and adjacent Spring Valley exploration targets. Geotech expects to begin flying its proprietary Versatile Time-Domain Electromagnetic geophysical system in mid-September [...]
Comstock Mining Inc. filed its Quarterly Report on Form 10-Q last week and announced selected strategic and financial results for the fiscal quarter ended June 30, 2020, including the arrival and assembly of our first mercury remediation system. Recent 2020 Selected Strategic Highlights Extinguished the current Senior Secured Debenture from a [...]
Comstock Mining Inc. announced today it completely paid off, yesterday, its remaining $4 million Senior Secured Debenture from a combination of recent cash proceeds from Tonogold and new, unsecured promissory notes, with favorable terms. The Company entered into three promissory notes that refinanced its existing, secured indebtedness, on more [...]
Comstock Mining Inc. announced participation at Virtual Investor Day, held August 11-12, 2020: VIRTUAL INVESTOR DAY – AUGUST 11-12, 2020 Featured Keynote Speakers: Rick Rule, President & CEO, Sprott Holdings USA Frank Holmes, CEO & CIO, U.S. Global Investors Niko Pronk, President & CEO, Noble Capital Markets Corrado DeGasperis, Executive Chairman [...]
Comstock Mining Inc. announced selected strategic and financial updates for the second quarter and year to date: Selected Strategic Highlights Investment in Tonogold Resources Inc. valued at $10.4 million at June 30, 2020; Investment in Mercury Clean Up LLC increased to $1.75 million at June 30, 2020, with the Comstock mercury remediation system [...]
Comstock Mining Inc. announced selected strategic and financial updates for the second quarter and year to date: Selected Strategic Highlights Investments in Mercury Clean Up LLC increased to $1.75 million in cash and stock to date with the Comstock mercury remediation system completed and shipping this week; Committed to investing in MCU [...]
Comstock Mining Inc. announced selected strategic and financial highlights for the second fiscal quarter ended June 30, 2020. Second Quarter 2020 Selected Strategic Highlights Investments in Mercury Clean Up LLC increased to $1.75 million in cash and stock with the Comstock mercury remediation system completed and ready for shipment; Committed to [...]
Comstock Mining Inc. today announced selected unaudited financial results for the fiscal quarter ended March 31, 2020. First Quarter 2020 Selected Strategic Highlights Investment in Mercury Clean Up LLC increased to $1.6 million with the Comstock-based mercury remediation system scheduled for May 2020, with necessary Nevada permits secured; MCU [...]
Comstock Mining Inc. will host a conference call on Thursday, May 7, 2020 at 8:00 a.m. Pacific Time/11:00 a.m. Eastern Time to report First Quarter results and provide a business update. The live call will include a moderated Q&A, after the prepared remarks. The dial-in telephone numbers for the live audio are as follows: Toll Free: 1-888-297-8935 [...]
Comstock Mining Inc. today announced that on March 20, 2020, the Company amended and restated its Membership Interest Purchase Agreement with Tonogold Resources Inc. , increasing and accelerating certain expense reimbursements, accelerating certain exploration drilling and development programs, and extending and securing the remaining obligations [...]
