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...or aggregate for concrete if anyone decides to build, say a wall ;)
What is the source for the 20m - 25m reclamation claim? Im not doubting the potential, just curious as to who provided the numbers?
Patiently waiting
Who knew that quoting the company could be considered trashing. Lol!!! The horror!!
When is the plan for TSX?
More on our neighbor Blockchains, Llc...
https://www.nytimes.com/2018/11/01/technology/nevada-bitcoin-blockchain-society.html
Good DD. Thanks.
Here is the link to TNGLs virtual meeting playback. You’d think the TNGL people would at least have it posted on their board...
https://east.virtualshareholdermeeting.com/vsm/web?pvskey=TNGL2018
I think I get the reason for the post re: the complaints here about the supposedly worthless nature of a 43-101 but as a point of order LODE is NYSE MKT (AMEX). Personally, you can keep the value of a 43-101 debate right here. :) Sorry if OT.
Keep in mind TNGL is going for TSX listing however.
Corrado adds more at .17 to bring his total to 500k
This latest PR indicates the testing is on new ore from the Dayton, not previously processed ore from the leach pad. Technically, this is new mining. I realize that the quantities are only for test purposes but it would be nice to include how much they are actually testing.
VIRGINIA CITY, Nev., Sept. 04, 2018 (GLOBE NEWSWIRE) -- Comstock Mining Inc. (the “Company” or “Comstock”) (NYSE American: LODE) today announced that the Company and Itronics Inc. (OTC: ITRO), have commenced testing Itronics’ clean, KAM-Thio recovery system on unprocessed gold and silver bearing minerals extracted from Comstock’s Dayton resource area, located in Lyon County, Nevada.
The previous tests recovered the substantial majority of the silver while the new KAM-Thio residual solution was substantially regenerating during the metal recovery process, thus reducing the net consumption of the reagents and creating a potentially compelling economic solution. Itronics has also previously reported that the remaining cyanide in the leached material was neutralized by the new leaching process, reducing the cyanide to an almost undetectable level on the spent material and potentially to drinking water standards in the residual solution.
Corrado De Gasperis, Executive Chairman and CEO commented, “We have previously reported positive results processing this solution on previously leached material, especially with silver, so we are extending the tests onto higher-grade, virgin materials to determine if we can replicate the clean extraction with both silver and gold.”
The testing on freshly exposed mineralized material should better model and validate the key processing steps for the extraction of the gold, as well as the silver. The combined process results could dramatically reduce reclamation costs and associated bonding for the Dayton project.
This now extends the collaboration between our two companies beyond evaluating whether the engineered, process flow design works for extracting remaining gold and silver from previously leached materials, to applications for extracting both gold and silver from virgin mineralized materials. This enhanced process could improve the economic feasibility of the Company’s Dayton project and potentially also result in the production of clean rock products that may be saleable.
Mr. De Gasperis concluded, “A breakthrough with higher, cleaner recoveries, coupled with reduced waste and the recently discovered higher precious metal grades (up to 0.25 opt gold and 3.5 opt silver) in the Dayton adit, positions us toward an updated resource estimate and, more importantly, the preliminary economic assessment (PEA) of those gold and silver resources. We look forward to publishing all of these results, along with the rest of our progress, in a stand-alone, NI 43-101 technical report, later this year.”
http://globenewswire.com/news-release/2018/09/04/1564720/0/en/Comstock-Mining-Commences-Clean-KAM-Thio-Tests-Collaborating-with-Itronics-on-the-Dayton-Resource-Development.html
Please stop spamming the LODE board with this. Please refer to TOS.
Virginia City, NV (August 31, 2018) Comstock Mining Inc. (the “Company”) (NYSE American: LODE) recently received notification from the NYSE American LLC that the Company’s securities have been selling at or below $0.20 per share since July 27, 2018, and that the Company’s continued listing is predicated on demonstrating sustained price improvement within the next six month period, that is, no later than February 27, 2019, or effecting a reverse stock split. The Company currently meets all other listing requirements and its common stock will continue to be listed on the NYSE American and believes its business strategy and plans for 2018, and beyond, will be sufficient for regaining sufficient share price levels. The Company does not see any scenario where it would be unable to maintain its listing on the NYSE American.
Corrado De Gasperis, Executive Chairman and CEO of the Company
commented, “We believe the NYSE is the best stock exchange in the world and could not be more appreciative of their ongoing communications and support. We are fully committed to and believe we have all the means necessary to maintain our listing on NYSE. We admire the quality, assurance and recognition of the NYSE’s reputation, and appreciate the liquidity and protections it provides and will continue providing, for all of our shareholders.”
The NYSE American notification does not affect the Company’s business operations or its SEC reporting requirements and does not conflict with or cause an event of default under any of the Company’s material agreements. The Company’s common stock will continue to trade under the symbol “LODE,” while under the below compliance (that is, “.BC”) designation until the price is elevated and designation is removed.
Was expected but sticking with my plan based on highlighted comments and corrado’s and director’s recent purchases. Still seriously doubt a RS is in play.
My suspicion is that we are evaluating which of the 2 products works best for our particular ore. The other consideration would have to be our costs to use the products. Is 1 more effective at recovery and remediation but cost twice the price thereby making the other more appealing? For all I know there may be thoughts of using both to strike the right balance. Have you heard any feedback from other test sites/companies about their interest in what cycladex or itronics are offering the industry?
Note: I am neither a geologist or a chemist so I’m relying on the info that the companies release.
RENO, Nev., Aug. 30, 2018 (GLOBE NEWSWIRE) -- Itronics Inc. (OTC:ITRO), a diversified producer of GOLD’n GRO zinc fertilizers and silver products and a green “Zero Waste” technology development Company, today reported that it has started testing its “green” KAM-Thio Recovery System on high grade silver and gold bearing rock from Comstock Mining Inc.’s (NYSE:LODE) Dayton Resource Area located in Lyon County, Nevada.
The tests are designed to determine if the KAM-Thio Recovery System can extract silver and gold from high grade silver-gold mineralized rock in economically meaningful amounts. The recovery system does not use cyanide, is non-toxic, and theoretically can clean the mineralized rock sufficiently so that saleable rock products may be produced after the silver and gold are recovered
The Company has started a series of tests to evaluate whether a flow sheet being developed to process residual, previously cyanide leached materials can extract additional silver and gold from the material while concurrently producing clean saleable rock products. The Company is developing a detailed engineered process flow sheet for evaluating process economics and feasibility for the specific technical conditions that have been identified in the Comstock Mining District. The testing is intended to model key process steps in this flow sheet.
Itronics Metallurgical, Inc., is performing the test work, and the preliminary technical flow sheet development and engineering scoping is being performed by Whitney & Whitney, Inc., both wholly-owned subsidiaries of Itronics. All samples are being analyzed by qualified independent laboratories.
Itronics previously announced that results obtained from a series of tests on previously cyanide leached materials indicate that the residual silver, gold, base metals, and cyanide are removed from the cyanide leached material by the KAM-Thio Recovery System and that the leached silver, gold, and base metals are completely recovered from the leaching solution. Itronics believes that results similar to this should be obtainable by using a similar process approach on cyanide leach tailings from other silver-gold deposits. The economics of using the “green” KAM-THIO Recovery System will be determined by technical conditions and processing requirements at each mine site.
http://globenewswire.com/news-release/2018/08/30/1563274/0/en/Itronics-Begins-KAM-Thio-Tests-to-Recover-Silver-and-Gold-From-High-Grade-Mineralized-Rock.html
Pretty sure that was hinted at in the cc. At least thats how I interpreted his comments. The reports and PEA wouldnt hurt either.
TNGL is planning on a canadian listing. Maybe the Lucerne would need a 43-101. As far as the Dayton, here is Corrado’s statement on that and the PEA:
So with Dayton, I'm very excited to talk about Dayton today because there's been such great development which has been the result of a lot of internal hard work, and we've actually made some remarkable progress. So a few weeks ago, we announced that we retained Behre Dolbear to produce the first standalone independent 43-101 compliant report for the Dayton Resource. And we're targeting to publish that early in the fourth quarter and then sooner after, we'll publish a second 43-101 scoped up to what is called a PEA in our industry, a preliminary economic assessment that will either follow later in the same quarter, fourth quarter of this year or early in next year. The Behre Dolbear is actually on-site today for most of that kickoff work that they're going to be doing. The beauty of the process for us is that the reporting is based on years of internal work that we already completed. And we'll include a completely updated three-dimensional model for the Dayton project, a new resource estimate, the relevant economic scenarios for mining and processing, the Dayton material and really better established project economics and then again, ultimately valuations for the Dayton. Anyone who has any sense of [indiscernible] with our company would recognize that the value of Dayton, the value of anything is not recognized today in our stock. So these reports are grassroot, ground reestablishment of demonstrating to people how incredibly valuable these mining properties are.
Coupled with land sales, it sounds like Q3 and Q4 will start to have more positive PRs. Of course, the bears are trying to force a delist notice but even if that comes to pass, conditions should improve shortly thereafter.
If the real estate bubble has already started to implode, what could possibly follow such a disaster? Investors fleeing to gold? Ouroboros, hmmm. Good point. Keep up the good work. Will add more next week. Thanks. GLTA.
Shhhhh. Those who are shorting this dont want to hear about anything resembling reason. Their arguments are based on past performance as being indicative of future results. Even if they are involved. The question for me still remains, do the means justify the ends? The mould is struck and the dance continues. Soon enough, the past will be irrelevant.
As I recall, we spent a pretty penny dealing with the monsoon season that winter. As for keeping an eye out for new exposures within the 10 square miles, I’m just glad it was noticed as the Dayton gets prepped for the 43-101 in Q4. Who knows what has yet to be found that the pick axe and foot shovel technology missed?
Might be next week, next month, next year.
It’s funny, most bearish sentiment includes phrases such as Lode and the price of gold have nothing to do with each other. Maybe some are beginning to think that they are related after all. So confusing.
Of all the gin joints, in all the towns, in all the world, she walks into mine (to complain about commodity prices). LOL
GLTA.
I thought the exact same thing. I saw it as a buy opportunity. Q3 should be a good quarter for LODE.
"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise"
- Peter Lynch
Thanks for the link to the quote. When the insiders running the show buy 20% (of jw’s tax sell) @.24, probably not the time to be shorting. Just my humble opinion. The quarter ends sunday. Wonder how TNGL’s fund raising is coming along? GLTA.
Leo added too. He’s got some catching up to do though.
CEO Corrado De Gasperis adds 218,000 on 6/20/18 at an average price of .24 for a total cost of $52,365.
A good sign for longs.
“We have been working closely and effectively with Clark for a number of years, including the major refinancing we completed together early last year. His intimate knowledge of the Comstock platform, global natural resources, precious metals and related businesses, plus his extensive capital markets experience, adds an outstanding expertise to our board. We warmly welcome Clark to our team.”
Perhaps people are thinking he brings more to the table than you would like them to know.
Mr. Gillam, age 31, is a co-founder of Nebari Holdings, LLC, a private investment firm that he co-founded in May 2016. The predecessor firm to Nebari Holdings was GF Capital, LLC. He has also served as a Director of BCR Investments, since 2013. Prior to founding GF Capital, Mr. Gillam was an analyst at McKinley Capital Management, LLC, a privately-held investment adviser specializing in global and international growth equity strategies, from 2012 to 2013, and prior to that role was a trader at Glencore International AG, one of the world’s largest global diversified natural resource companies and a major producer and marketer of more than 90 commodities.
PR for Annual Meeting and election of Clark Gillam as Director
http://www.globenewswire.com/news-release/2018/06/06/1517528/0/en/Comstock-Presents-Strategic-Overview-Holds-Annual-Meeting-Nominates-and-Elects-Mr-J-Clark-Gillam-as-Director.html
Looks like we have developments on the real estate sales. Nothing official yet. Stay tuned. Annual meeting Thursday could come with news.
The expenditure is not that large when you consider it’s spread out over the next 16 months. When they ponied up the $2 mil to proceed, you’d think that there were plans in place to cover the next phase. It is obvious to me, at least, that a group is buying 51% of the lucerne to mine it. As far as I’m concerned, that process has already started and I’d be surprised if this doesnt see gold and silver poured.
I suspect that your concerns were considered during the long negotiation process. Whether or not the partnership succeeds is, of course, the current concern. Given that the partnership “is”, and we’re not looking for an alternative better case scenario, my question is geared more towards what milestones would the existing situation have to hit in order for someone such as yourself to stop and reconsider this as serious.
Im curious. At what point would you consider lode, tngl or the partnership as something serious?
Saildone, have you ever considered ghost writing a blog? ;) If I weren’t already in, I’d be tempted with that synopsis. Glad you’ve stuck around.
Agree on that. He covered all of my questions in the CC. I do have a follow up question or two on pelen and the sutro but havent asked them yet. Maybe they get answered at the meeting. For now, I’m just thankful. It’s been a bumpy ride, we’re progressing forward and it’s beggining to look like the bottom may be in. I already have some TNGL but missed a good buy op in ITRO, but still looking. When the ‘other’ stock decides to grow up and start producing, I’ll be looking to spread it around. Good luck to us all!!
Itronics Announces: Positive Results From KAM-Thio Tests With Comstock Mining to Recover Silver, Gold While Neutralizing Cyanide
May 03, 2018 07:45 ET | Source: Itronics, Inc.
RENO, Nev., May 03, 2018 (GLOBE NEWSWIRE) -- Comstock Mining Inc.(NYSE American:LODE) in an April 26th news release reported positive results from initial testing in collaboration with Itronics Inc. (OTC:ITRO), of Itronics’ KAM-Thio, clean processing technology, on Comstock Mining’s silver-gold heap leach tailings. The Company’s cyanide leaching process has historically recovered approximately 80-89 percent of its gold and 50-59 percent of its silver. KAM-Thio leaching test results, performed at independent metallurgical labs, are demonstrating that the residual silver, gold, base metals, and cyanide can still be recovered from the previously leached material, creating a potentially efficient and environmentally attractive process.
Measurements also indicate that zinc, as well as copper and cobalt, although in smaller quantities, are also being recovered. The metals were recovered while the new Itronics’ KAM-Thio residual solution was substantially regenerated during the extraction process, thereby reducing the net consumption of the materials, and creating a potentially compelling economic solution.
Test results also showed that the cyanide residual in the cyanide leached material was removed by the new leaching process, neutralizing the solution to drinking water standards. These results could dramatically reduce reclamation costs and associated bonding, while adding the prospect of reuse of the material for mine reclamation purposes. All tests and results were performed with independent, metallurgical laboratories.
“We now know that we can recover substantially all of the residual silver, gold and base metals while neutralizing the cyanide. The results are very positive and justify continued feasibility work for assessing process economics. If this technology can efficiently recover these materials, then it could become a substitute for the use of cyanide, and significantly change the permitting, reclamation and processing cost profile for these types of mining projects.” stated Corrado DeGasperis, Executive Chairman and CEO, Comstock Mining, Inc.
The Company anticipates completing screening level economics during the second quarter and believes that these materials can also work on virgin, mineral bearing material that has not been leached by cyanide. Samples of virgin material from the Dayton resource area have already been delivered to Reno labs for testing.
VIRGINIA CITY, Nev., April 19, 2018 (GLOBE NEWSWIRE) -- Comstock Mining Inc. (the “Company”) (NYSE American:LODE) will host a conference call on Thursday, April 26, 2018 at 8:00 a.m. Pacific Time/11:00 a.m. Eastern Time to report First Quarter 2018 results and provide a business update. The live call will include a moderated Q&A, after the prepared remarks. The dial-in telephone numbers for the live audio are as follows:
Toll Free: 1-877-830-2645
Direct: 1-785-424-1791
That could afford some minor updating as well. It’s not what I would consider a small cut and paste website. Im confident that over the next qtr updates and tweaking will happen.
The CEO blog lives again! Lol, I should have checked before I sent my email. One question was already answered.
https://www.comstockmining.com/corporate/ceo-blog
https://comstockmining.com/contact
“Please also feel free to ask any questions regarding our Company, northern Nevada, precious metals, or anything that relates to our businesses. We will prioritize the most relevant and try and respond to all. Hopefully that means posting at least 1-2 per week. Kindest regards, Corrado De Gasperis Executive Chairman and CEO.”