CEO Blog - September 30, 2012
Sunday, September 30 2012 22:11
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WE’RE POURING AGAIN!!!
HISTORIC COMSTOCK POURS GOLD AND SILVER DORÈ

Our team couldn’t be more pleased to announce that we began pouring gold and silver Dorè again on the Comstock this past week!  Last week, our team fired up the furnaces and poured our first metal Friday night and continued pouring through the weekend.  We sold almost all of the Dorè in September, with a gold price of $1,777.25 per ounce and a silver price of $34.61 per ounce.  We also plan on reserving a portion of the metal to produce commemoratives celebrating the event.

With the successful completion of the first pours, mining has responsibly returned to one of the largest and most historic mining district in the world.  This historic achievement comes from the extraordinary effort of our entire Nevada team and represents the start of revenue generation for our company. We recorded this history, as you can see from the photos below.

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Our graphite crucible in the gas-fired melting furnace is packed with precipitate and flux
and heated to 2,000 degrees Fahrenheit.

 

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After several hours in the furnace, the precious metal sinks to the bottom and a slag
containing zinc and other impurities floats on top of the molten metal.

 

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THE FIRST POUR!
The furnace is tipped forward and molten doré is poured through a cascade of molds.

 

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Doré cools in the molds for several minutes.
A thin layer of greenish, glassy slag glistens atop each one.

 

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The first three doré bars and a “button,” ready to be assayed and shipped.

 

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Our fully equipped, onsite assay lab can determine assays in just a few hours.

 

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Josef Bilant records the results of each assay.


The pouring, testing and shipping of metal completes the on-site production process. The entire on-site process -mining, hauling, crushing, stacking, leaching, processing, filtering, drying, pouring, testing and shipping – will be optimized using statistical process control and throughput-based measurement system, developed by the Company.

 

Best Regards from The Comstock,

Corrado De Gasperis

President & CEO