Register to attend the 2013 Annual Stockholders Meeting

New NI 43-101 Technical Report - Chute Zone Discovery!!

Although the Company drilled a limited number of East-side holes, the results led to the discovery and interpretation of the “Chute Zone” by Company geologists. This intersection between the northwest striking and northeast dipping Silver City fault, and a series of northeast striking and southeast dipping structures hosts a zone of enhanced mineralization. The zone consistently averages 0.095 ounces of gold per ton over drill intercepts of 50 to 270 feet, and has currently mapped dimensions of 100 to 150 feet by 100 feet by 450 feet.

“Since 2008, our geologists have recognized the enhanced grades of precious metals when northeasterly striking mineralized structures intersected the Silver City fault zone,” stated Larry Martin, VP of Exploration and Mine Development. “Now we have identified a specific, wedge-like, structurally bounded zone that hosts significant gold and silver, which we are calling the ‘Chute Zone’. The geometric shape is similar to high grade zones historically mined in the Comstock district as bonanzas.”

Behre Dolbear concluded, “Exploration opportunities to expand the known mineralization down-dip and along strike to the north, south, and east are still good, and excellent in the East Side and Chute zones, and have the potential of adding considerably to the estimated Measured and Indicated Resource.”

Please see full news release here

Our website not only helps visualize the vast potential of the historically rich Comstock Lode and adjoining properties, it also enables our philosophy of corporate transparency.

We are committed to:

• Safely and responsibly advancing the greater social and economic potential of the Comstock through long-term development, preservation and restoration.
• Working openly and cooperatively with the community to create sustainable, positive and diverse opportunities for the greater community, its residents and our employees.
• Caring about our rich mining and natural history, expanding tourism, and mining in ways sensitive to the unique qualities of the Comstock Historic District.

We hope this provides a better sense of who we are and how we work.  We will continue further updates to our website that will provide more in-depth and timely information on all our activities.

Kindest regards,

Corrado De Gasperis
President and CEO