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To: Goose94 who wrote (1013)6/3/2013 1:50:42 PM
From: Goose94Read Replies (2) | Respond to of 202903
 
Comstock Metals (CSL-V) begins QV exploration, drilling commenced on June 2nd, '13

June 3rd, 2013 - News Release

Comstock Metals Ltd. has started the exploration program on its QV project in Yukon. Drilling on the newly discovered VG zone commenced as of June 2, 2013. A cold spring in Yukon has caused a late start to exploration activities. The QV exploration program includes follow-up drilling on the VG zone discovery as well as soil sampling and trenching on two new zones, the Stewart and Shadow zones, in addition to the VG zone.

The VG zone was discovered last year by following up a 394-part-per-billion gold-in-soil anomaly. Trenching and subsequent drilling discovered the VG zone, which is geologically similar to the adjacent Kinross Gold's Golden Saddle deposit. Seven out of eight diamond drill holes intersected significant gold mineralization, including 2.34 grams per tonne gold (g/t Au) over 89.85 metres including 3.04 g/t Au over 45.50 m. The current 2013 drilling program will focus on expanding the length and the width of the zone to determine the size of the orebody. Follow-up phase 2 program on the VG zone will be contingent on the results from the current drilling. The company is assisted by the team that discovered Kinross's Golden Saddle deposit, including Shawn Ryan and Adrian Fleming. The company also announces issuance of options for 25,000 shares at the price of 21 cents to certain officers and consultants.

We seek Safe Harbor.



To: Goose94 who wrote (1013)7/15/2013 11:06:19 AM
From: Goose94Respond to of 202903
 
Comstock Metals (CSL-V) drills 36.4 m of 2.06 g/t Au at VG

July 15, 2013 - News Release

Comstock Metals Ltd. has released results from the first four core drill holes (QV13-009 to QV13-012) of the 2013 phase 1 drilling program on the VG zone at its QV project in the White Gold district, south of Dawson City, Yukon. Highlights:

  • -- Hole QV13-012, a 130 m step-out from the discovery trench along strike, returned 2.06 g/t Au over 36.4 m from 8.6 m, including 3.24 g/t Au over 11.3 m, and 4.96 g/t Au over 4.50 m.
  • -- Hole QV13-011, a 350 m step-out down-dip, returned 1.41 g/t Au over 42.6 m including 3.40 g/t Au over 12.54 m.
  • -- These results extend the footprint of the VG zone to 350 m by 350 m and the zone remains open in all directions.
  • -- A 650 m step-out along strike, in drill hole QV13-017, confirms the controlling structure(s) continues along strike.
  • -- Results for five drill holes are pending; follow-up Phase 2 drill program is to commence shortly.


The 2013 Phase 1 drill program completed 2,088 metres in nine drill holes including one significant step-out drill hole 650 m along strike. Phase 2 drilling program is to commence shortly. In September of 2012, the Company completed an initial eight drill holes at the VG Zone targeting gold mineralization discovered in trenches completed earlier in the summer. Results from last year's drilling intersected broad zones of gold mineralization. The most recent drill results have extended the VG zone down-dip and along strike. The zone of mineralization remains open in all directions.

View rest of news release go to www.comstock-metals.com