Comstock Metals is pleased to announce a non-brokered private placement financing of units to raise gross proceeds of up to CDN$500,000 to fund exploration on the Company's properties and for general corporate purposes. The Company will have the option of increasing the size of the offering by up to $200,000 prior to closing. It is proposed that each Unit will be issued at a price of CAD$0.05 per Unit with each Unit [...]
Comstock Metals is pleased to announce that it has entered into an option agreement whereby it can acquire a 100% interest in five mining claims located in the Gowganda area of the historic Greater Cobalt Mining Camp of northern Ontario, comprising the Rawhide cobalt-silver property . Mines in the Greater Cobalt Mining Camp produced over 550 million ounces of silver and over 25 million pounds of cobalt in the 1900s1; the [...]
Comstock Metals is pleased to report on metallurgical test work recently completed on sample materials from the Preview SW deposit. Test work has been completed at ALS Metallurgy of Kamloops, in December 2017 under the direction of Jeffrey B. Austin, P.Eng and is a follow-up to previous testing completed in 20131. Test work in 2017 was focused on better defining the quality of gravity and flotation concentrates that are [...]
Comstock Metals Ltd. is pleased to announce that it has closed a non-brokered private offering of flow-through units . Pursuant to the offering the Company issued a total of 5,944,443 FT Units at a price of $0.09 per FT Unit raising aggregate gross proceeds of $534,999.87. Each FT Unit was issued at a price $0.09 and consists of one flow-through common share in the capital of the Company and one-half of one common share [...]
Comstock Metals is pleased to report the results from the fall diamond drilling program carried out at its +16,000 hectare QV gold project, located in the heart of White Gold district of the Yukon Territory. A total of 904.4 m of HQ drill core in 6 holes were drilled on the western flank of the VG gold deposit; 3 were completed to target depth while the remainder did not reach planned depth due to drilling problems [...]
Comstock Metals is pleased to report the balance of results from the summer exploration program at its 100% owned Preview SW gold project located 40 km northeast of La Ronge, Saskatchewan. These include results from 1,017.0 m in 4 NQ drill holes completed on the southern flank of the Preview SW deposit, continued modelling of North zone mineralized zones, as well as surface sampling. Previous results from the summer [...]
Comstock Metals is pleased to report partial results from the summer diamond drilling program at its 100% owned Preview SW gold project located 40 km northeast of La Ronge, Saskatchewan. These results are from 1094.5 m in 7 NQ drill holes completed on the North zone and they continue to build on the strong results returned from the winter 2017 drilling program. North zone highlights from the summer program include [...]
VANCOUVER, British Columbia, Sept. 15, 2017 (GLOBE NEWSWIRE) -- Comstock Metals Ltd. (TSX-V:CSL) (“Comstock” or the "Company") is pleased to announce that it has commenced a core drilling program on its 100% owned QV gold project located in the heart of the prolific White Gold district of the Yukon Territory (the “QV Property”). The program will comprise approximately 1,500 m of HQ diamond drilling [...]
VANCOUVER, British Columbia, Sept. 12, 2017 (GLOBE NEWSWIRE) -- Comstock Metals Ltd. (TSX-V:CSL) (“Comstock” or the "Company") announced today that it has been advised that the offer made by SJ Strategic Investments, LLC, Gracetree Investments, LLC, Gregory Asset Partners, LLC and the Gregory Irrevocable Equalizing Trust, acting jointly, (the "Syndicate") to purchase 20,000,000 common shares of Comstock that [...]
VANCOUVER, British Columbia, Sept. 07, 2017 (GLOBE NEWSWIRE) -- Comstock Metals Ltd. (TSX-V:CSL) (“Comstock” or the “Company”) announced today that it has been advised that the deadline for Select Sands Corp. to respond to the previously disclosed offer made by SJ Strategic Investments, LLC, Gracetree Investments, LLC, Gregory Asset Partners, LLC and the Gregory Irrevocable Equalizing Trust, acting [...]
VANCOUVER, British Columbia, Sept. 06, 2017 (GLOBE NEWSWIRE) -- Comstock Metals Ltd. (TSX-V:CSL) (“Comstock” or the "Company") announced today that it has been advised that the deadline for Select Sands Corp. to respond to the offer made by SJ Strategic Investments, LLC, Gracetree Investments, LLC, Gregory Asset Partners, LLC and the Gregory Irrevocable Equalizing Trust, acting jointly, to purchase 20,000,000 [...]
VANCOUVER, BC--(Marketwired - September 05, 2017) - Comstock Metals Ltd. (TSX VENTURE: CSL) ("Comstock" or the "Company") announced today that it is reviewing the offer made by SJ Strategic Investments, LLC, Gracetree Investments, LLC, Gregory Asset Partners, LLC and the Gregory Irrevocable Equalizing Trust, acting jointly (collectively the "Syndicate"), to purchase 20,000,000 common shares of Comstock that are directly [...]
