VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 01/15/13 -- Comstock Metals Ltd. (TSX VENTURE: CSL) ("Comstock" or "the Company") is pleased to review some of the Company's corporate milestones for the year 2012 and to provide exploration guidance for 2013. The past year was the first full year of operations and was highlighted by a promising new gold discovery at its 100%-owned QV Project.
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 12/11/12 -- Comstock Metals Ltd. (TSX VENTURE: CSL) -
Highlights
-- 0.33 grams/tonne gold (g/t Au) over 85 metres (m) from the north end of QVTR12-27, including 0.9 g/t Au over 10 m, open to the south, west and east -- located 12 km northwest of Comstock Metals' VG zone, which returned 2.34 g/t Au over 89.85 m in DDH QV12-004 and 3.31g/t Au over 95 m in [...]
Comstock Metals is pleased to announce results from drill holes QV12-005 to -008, recently completed on the VG Zone at its QV Project in the White Gold District, south of Dawson City, Yukon. In September of 2012, the Company completed eight drill holes at the VG Zone targeting gold mineralization discovered in trenches completed earlier in the summer. Results from the first four drill holes completed on the VG Zone (QV [...]
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 District in the Yukon Territory, about 70 kilometres south of Dawson City.
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 12-004 are consistent with the strong silicification, brecciation, and [...]
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 width of potential economic interest [...]
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 drill program tested the target over a length of 260 metres along strike and [...]
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 Zone, including 3.31 g/t gold over 95m from trench QVTR12-06 and 3.77 g/t [...]
