Lode

Garibaldi Consolidates Otter Creek Lode Gold Discovery

Friday, June 11, 2021 - 1:00pm

The first announcement of a new lode gold discovery on Otter Creek was made by British Columbia Geological Survey (BCGS) geologists in a 2017 published paper titled "A new lode gold discovery at Otter Creek: another source for the Atlin placers."

Key Points: 
  • The first announcement of a new lode gold discovery on Otter Creek was made by British Columbia Geological Survey (BCGS) geologists in a 2017 published paper titled "A new lode gold discovery at Otter Creek: another source for the Atlin placers."
  • Garibaldi had previously acquired 100% ownership of the hard rock mineral rights on the discovery section of Otter Creek.
  • The Otter Creek lode gold discovery provides strong evidencethat Atlin's rich coarse crystalline gold placers are sourced from proximal high-grade gold veins rather than previously assumed eroded distal listwanite deposits.
  • In 2017, the British Columbia Geological Survey published a paper titled "A new lode gold discovery at Otter Creek: another source for the Atlin placers."

First Mining's Joint Venture Partner Completes Stage 1 Earn-In for the Pickle Crow Gold Project, Ontario, Canada

Wednesday, June 9, 2021 - 12:00pm

In addition, the parties have executed a joint venture shareholders agreement (the "JV Agreement") in respect of PC Gold.

Key Points: 
  • In addition, the parties have executed a joint venture shareholders agreement (the "JV Agreement") in respect of PC Gold.
  • "First Mining is delighted by the excellent progress Auteco has made on Pickle Crow in such a short period of time."
  • We look forward to working with First Mining to continue advancing the Pickle Crow Gold Project."
  • The Pickle Crow Gold Deposit is a high-grade, shear-hosted, mesothermal Archean lode gold deposit.

Comstock to Present at the LD Micro Invitational XI Investor Conference

Tuesday, June 8, 2021 - 11:45am

VIRGINIA CITY, Nev., June 08, 2021 (GLOBE NEWSWIRE) -- Comstock Mining Inc. (NYSE: LODE) (Comstock or the Company) announced today that its Executive Chairman and CEO, Corrado De Gasperis, will present at the 2021 LD Micro Invitational XI Investor Conference on Wednesday, June 9, 2021.

Key Points: 
  • VIRGINIA CITY, Nev., June 08, 2021 (GLOBE NEWSWIRE) -- Comstock Mining Inc. (NYSE: LODE) (Comstock or the Company) announced today that its Executive Chairman and CEO, Corrado De Gasperis, will present at the 2021 LD Micro Invitational XI Investor Conference on Wednesday, June 9, 2021.
  • Membership in the Russell Microcap Index, which remains in place for one year, means automatic inclusion in the appropriate growth and value style indexes.
  • LD Micro is the host of the most influential conferences in the small-cap world.
  • This Invitational, in particular, is unique as Day One celebrates the Hall of Fame, highlighting some of the top performers since LDs inception in 2008.

Pegasus Resources Announces Long-Wave Infrared (LWIR) Interpretation Study on Millionara Property

Tuesday, May 18, 2021 - 1:30pm

The Property consists of 33 unpatented federal lode claims covering approximately 630 acres (255 hectares).

Key Points: 
  • The Property consists of 33 unpatented federal lode claims covering approximately 630 acres (255 hectares).
  • Pegasus has the option to earn 100% of the Property through an option agreement dated March 24, 2021.\nDIRT Exploration of Cape Town, South Africa have been engaged to complete a long-wave infrared (LWIR) interpretation over the Millionara Property.
  • The structure has created the broadest area of mineralization on the Property, with several wide and unconstrained gold-bearing intervals.
  • A qualified person has not done sufficient work to classify the estimates as current resources, and the mineral resources on neighbouring properties are Not necessarily indicative of the mineralization on the Millionara Property.

Paramount Gold Acquires Strategic Claims Two Miles South of the Historic Sleeper Pit

Tuesday, April 20, 2021 - 12:00pm

b'WINNEMUCCA, Nev., April 20, 2021 (GLOBE NEWSWIRE) -- Paramount Gold Nevada Corp. (NYSE American: PZG) announced today it has completed the purchase of 152 unpatented lode claims (~3,100 acres) from South Sleeper Resources LLC.

Key Points: 
  • b'WINNEMUCCA, Nev., April 20, 2021 (GLOBE NEWSWIRE) -- Paramount Gold Nevada Corp. (NYSE American: PZG) announced today it has completed the purchase of 152 unpatented lode claims (~3,100 acres) from South Sleeper Resources LLC.
  • The drill program is expected to commence this summer.\nAbout Paramount Gold Nevada Corp.\nParamount Gold Nevada Corp. is a U.S. based precious metals exploration and development company.
  • The Sleeper Gold Project, which includes the former producing Sleeper mine, totals 2,322 unpatented mining claims (approximately 60 square miles or 15,500 hectares).
  • The Sleeper gold project is host to a large gold deposit (over 4 million ounces of mineralized material) and the Company has completed and released a positive Preliminary Economic Assessment.

Comstock Announces the Addition of Alexia Sober to Its Management Team; Enhances Its Environmental, Social, and Corporate Governance Program

Wednesday, March 31, 2021 - 1:00am

VIRGINIA CITY, Nev., March 30, 2021 (GLOBE NEWSWIRE) -- Comstock Mining Inc. (NYSE: LODE) (Comstock and the Company) announced today the addition of Ms. Alexia Sober as its Mercury Market and Grant Manager.

Key Points: 
  • VIRGINIA CITY, Nev., March 30, 2021 (GLOBE NEWSWIRE) -- Comstock Mining Inc. (NYSE: LODE) (Comstock and the Company) announced today the addition of Ms. Alexia Sober as its Mercury Market and Grant Manager.
  • Additionally, Ms. Sober is an active Board Member of the Comstock Foundation for History and Culture and serves as an appointed Storey County Planning Commissioner.
  • Ms. Sober brings extensive environmental and sustainability experience to Comstock.
  • Mr. Corrado De Gasperis, Executive Chairman and CEO, said, We are very pleased to welcome Alexia Sober to Comstocks management team.

Comstock Announces Participation in Adelaide Capital Charity Battery Metals Pitch Battle

Wednesday, March 24, 2021 - 12:37am

VIRGINIA CITY, Nev., March 23, 2021 (GLOBE NEWSWIRE) -- Comstock Mining Inc. (NYSE: LODE) (Comstock and the Company) announced today that Mr. Corrado De Gasperis, its CEO, will participate inAdelaideCapitals Battery Metals Pitch Battle on March 25th from 4:15 to 5:30 pm ET.

Key Points: 
  • VIRGINIA CITY, Nev., March 23, 2021 (GLOBE NEWSWIRE) -- Comstock Mining Inc. (NYSE: LODE) (Comstock and the Company) announced today that Mr. Corrado De Gasperis, its CEO, will participate inAdelaideCapitals Battery Metals Pitch Battle on March 25th from 4:15 to 5:30 pm ET.
  • The Pitch Battle is a charitable event in support of theLeukemia & Lymphoma Society of Canada.
  • We are also In It To Win In, for such a great cause and we are sincerely honored to participate.
  • About Comstock Mining Inc. Comstock Mining Inc. is an emerging leader in sustainable, mineral development and production of environment-enhancing, increasingly scarce strategic and precious metals, focused on conservation-based waste, high-value, cash-generating, mineral and metals essential to meeting the rapidly increasing demand for clean energy technologies.

Transition Discovers New Showing Hosting up to 38.7 g/t Gold at the Sawmill Au-Cu Property, Sudbury Area Ontario

Thursday, January 14, 2021 - 3:04pm

Some of the work focussed on marble dimension stone has resulted in the identification of base and precious metals associated with brecciated and altered Huronian Rocks.

Key Points: 
  • Some of the work focussed on marble dimension stone has resulted in the identification of base and precious metals associated with brecciated and altered Huronian Rocks.
  • The Company believes the property is prospective for high-grade, lode gold and hydrothermal-style deposits.
  • The Company has highlighted targets in the vicinity of the Galena Vein showing that it would like to test this winter.
  • Transition Metals Corp (TSXV: XTM) is a Canadian-based, multi-commodity project generator that specializes in converting new exploration ideas into discoveries.

Ridgeline Minerals Stakes Additional 1,780 Acres On-Trend of New Shallow-Oxide, Silver-Gold Discovery at the Selena Project, Nevada

Tuesday, December 15, 2020 - 1:30pm

The eighty-seven (87) BLM lode claims were acquired via low-cost staking and are directly on-trend of the Company's recently announced shallow-oxide, silver-gold discovery ( see December 9, 2020 Press Release ).

Key Points: 
  • The eighty-seven (87) BLM lode claims were acquired via low-cost staking and are directly on-trend of the Company's recently announced shallow-oxide, silver-gold discovery ( see December 9, 2020 Press Release ).
  • To view an enhanced version of Figure 1, please visit:
    Mike Harp, Ridgeline's Vice President, Exploration commented, "Our recent shallow-oxide, silver-gold discovery at Selena is an important milestone for the Company.
  • Drilling is showing potential for a large, robust mineralized system and we have expanded our land position accordingly to cover additional untested ground.
  • PAL also undertakes its own internal coarse and pulp duplicate analysis to ensure proper sample preparation and equipment calibration.

Vista Gold Drilling Confirms Adjacent Mineralized Zone at the Mt Todd Gold Project

Monday, December 14, 2020 - 10:12pm

The assay laboratories responsible for the assays were NAL Pty Ltd, Pine Creek, NT and Genalysis Laboratory Services Pty Ltd, Perth, WA.

Key Points: 
  • The assay laboratories responsible for the assays were NAL Pty Ltd, Pine Creek, NT and Genalysis Laboratory Services Pty Ltd, Perth, WA.
  • VB20-001 intersected the lode at the predicted location and encountered a thicker mineralized zone than anticipated.
  • The Companys flagship asset is the Mt Todd gold project in the Tier-1 mining jurisdiction of Northern Territory, Australia.
  • Mt Todd is the largest undeveloped gold project in Australia and if developed as presently designed, would potentially be Australias 6th largest gold producer on an annual basis.