Comstock Mining adds acreage to Lode claims
September 12, 2017
Comstock Mining Inc. is adding 472 acres adjoining its claims in the Dayton-Spring Valley areas as part of its acquisition of 30 unpatented Lode claims, including land previously held by Kona Gold, in the southern part of the Comstock District.
In a news release, Corrado De Gasperis, executive chairman and CEO of Comstock Mining Inc., said, "The efficient locating, staking and filing on the new claims expand an already impressive land position in a historic world-class mineral district. We now control well over 10 square-miles with our land position."
With the addition of the 30 new claims comprising 472 acres, Virginia City-based Comstock Mining controls 6,817 acres of unpatented claims and 9,083 total acres. The filing fees associated with the newly acquired claims was $12,277.00, which included paying for last year's and 2017-2018 intent to hold fees to the Bureau of Land Management.
The company has expansive mining claims with exploration, development and operating permits throughout a historic world-class district featuring a production ready platform.
Shares in Comstock Mining were up less than 1 percent to 18 cents by midmorning Tuesday on the New York Stock Exchange.