Comstock Metals (CSL.V) has just released the assay results from its 5-hole drill program on the Preview SW Gold project in Saskatchewan, which was completed in December last year. The company was targeting the North zone where it previously enjoyed positive exploration results, which made it an easy decision to […]
Comstock Metals (CSL.V) has reached an agreement with Yukon-focused White Gold Corp (WGO.V) to sell its QV gold property to the latter. White Gold will pay C$375,000 in cash and issue 1.5 million new shares to Comstock Metals, which gives this deal a total value of approximately C$2.6M using a […]
2018 was an interesting year for Canadian based Comstock Metals (CSL.V). In mid-May, CEO David Terry left the company, and director Steven Goldman was appointed as interim-CEO effective May 15th for an initial period of one year, as he enjoyed the trust of the two largest shareholders of Comstock Metals […]
Comstock Metals (CSL.V) is cleaning up its asset portfolio as the company was able to sell two non-core properties. The Old Cabin gold project in Ontario was sold for C$96,000 while the Fresnillio PLC (FRES.L) has purchased the Corona project in Mexico. Comstock received US$164,000 (approximately C$215,000) in cash for […]
E3 Metals (ETMC.V) appears to be very serious about developing the Leduc Reservoir in an attempt to produce lithium carbonate. The current lithium resource on the property already stands at 6.7 million tonnes of LCE but as one of the new permits is directly adjacent to (and thus expanding) the […]
Comstock Metals (CSL.V) has announced it has entered into a joint venture with E3 Metals (ETMC.V), a company focusing on petro-lithium assets in Alberta. ETMC already has a total resource of 6.7 million tonnes of lithium carbonate equivalent (‘LCE’) on three different petro-lithium assets. That’s indeed a very large resource […]
Comstock Metals (CSL.V) has now divulged more information about its plans to advance the Rawhide cobalt property, which is located in the Gowganda area in the ‘Greater Cobalt Mining Camp’. The Property was optioned when David Terry was still the CEO of Comstock Metals, and the current management team seems […]
Comstock Metals (CSL.V) has successfully closed its previously announced private placement, raising just over C$600,000 in hard dollars by issuing units at C$0.05. Each unit consists of one common share as well as a full warrant, with each warrant entitling the warrant holder to acquire an additional share in the […]
In what appears to be a surprising move, CEO David Terry has resigned from his CEO position at Comstock Metals (CSL.V). He also resigned from his board position along with two other (technical-focused) directors Kuchling and Turnbull. Steven Goldman, a Toronto-based lawyer, was appointed as interim-CEO. This does surprise us […]
Comstock Metals (CSL.V) has entered into an option agreement to acquire full ownership of five mining claims located (‘the Rawhide property) in the Gowganda area in Ontario. This Gowganda area is in close proximity to the so-called Cobalt Camp (which produced 25 million pounds of cobalt and in excess of […]
Comstock Metals’ (CSL.V) continues to advance and understand the Preview deposit with metallurgical studies, data interpretation and seeking options for production. Metallurgical test results on the Preview SW deposit have now been released and this study was focusing on confirming the results of the 2013 test work, as well as […]
Comstock Metals (CSL.V) has released the assay results from its summer drill program on the QV gold project in Canada’s Yukon Territory. The very first two holes of the program at the VG gold zone were the best hole as hole 18 intersected 45.5 meters of 1.42 g/t gold, with […]
