To: Goose94 who wrote (21251 ) 8/30/2016 8:41:52 AM From: Goose94 Read Replies (2) | Respond to of 202930 Comstock Metals (CSL-V) Aug 30, '16 is pleased to announce that it has commenced a minimum 2,500 m rotary air blast (RAB) drilling program on its flagship 16,335 hectare QV Gold Project in the prolific White Gold district of the Yukon Territory. The RAB drilling program will focus on testing for extensions along strike to the east and west of the VG Zone, where 3,400 m of diamond drilling in 17 drill holes formed the basis for a maiden Inferred mineral resource totalling 4.4 million tonnes grading 1.65 g/t gold containing 230,000 ounces of gold at a 0.5 g/t gold cut-off (See Comstock July 8, 2014 News Release). Initial drill testing of the Stewart and Shadow targets will also be carried out. Both the Stewart and Shadow targets have strong gold-in-soil anomalies and coincident resistivity targets. The precise location and orientation of the planned RAB holes has been based on interpretation of previous exploration data in conjunction with initial 2016 Phase I program results from the GT Probe, DC resistivity geophysical survey, geological mapping, rock and soil sampling. Average planned hole depth will be in the 100 m to 150 m range. About Comstock Metals Ltd. Comstock Metals Ltd. is a mineral exploration company. Its flagship 16,335 hectare QV Property is located in the White Gold district of the Yukon Territory, approximately 70 kilometres south of Dawson City and 44 kilometres northeast of the Coffee project of Goldcorp Inc., which it recently acquired through an acquisition of Kaminak Gold Corporation through a court approved plan of arrangement in a deal valued at C$520 million at the time it was announced. To date, the Company has completed 3,400 metres of drilling in 17 drill holes which formed the basis for a maiden Inferred mineral resource totalling 4.4 million tonnes grading 1.65 g/t gold containing 230,000 ounces of gold at a 0.5 g/t gold cut-off (See Comstock July 8, 2014 News Release). The VG Deposit remains open in all directions and is proximal to other untested sub-parallel structures. The VG Zone has similar geology and style of mineralization to Kinross's Golden Saddle deposit, located 11 kilometres to the south. Additional promising targets exist on the QV Project, with potential for the discovery of significant intrusion related and/or orogenic gold mineralization. The infrastructure associated with the development of the Coffee project, including upgrading and completion of the mine access road, will benefit all projects in the district, including the QV Property. Comstock has entered into entered into definitive agreement in respect of a proposed purchase by Comstock of Select Sands' Preview SW gold project located in the La Ronge district of Saskatchewan and Select Sands' early-stage Old Cabin property in Ontario for 20 million common shares in the capital of Comstock (see August 11, 2016 News Release). Comstock also owns early stage uranium claims in the Patterson Lake area of Saskatchewan and has optioned out its Corona property in Mexico (see January 28, 2016 News Release). David A. Terry, Ph.D., P.Geo., a Qualified Person as defined by National Instrument 43-101, and an Officer and Director of Comstock, has reviewed and approved the scientific and technical disclosure in this news release. David A Terry, Ph.D., P.Geo. President, CEO and Director COMSTOCK METALS LTD. Phone: (604) 639-4533 Email: info@comstock-metals.com www.comstock-metals.com