Comstock Inc (LODE)

[realtorwsm]

NEWS! "GOLD HILL, Nev., Jan 13, 2010 /PRNewswire via COMTEX/ -- GoldSpring, Inc. (GSPG, Trade ) announced today that it has increased its mineral claims for its Comstock Project by 3,130 acres by staking 165 lode mining claims. The new claims, in Washoe and Storey Counties, are contiguous to its earlier claims and extend the project footprint significantly to the northwest. GoldSpring's Comstock Mine Project now includes a mineral estate of 7,788 acres, including 776 acres of patented mining claims, and 7,012 acres of unpatented mining claims administered by the Bureau of Land Management.

"The new claims were located based on extensive geologic reconnaissance," stated Jim Golden, GoldSpring's Chief Operating Officer. "They contain promising mineralization targets for our ongoing exploration program." Bob Reseigh, GoldSpring's Chief Executive Officer, added, "Our land position is a key to our future success. By adding these claims now, we can take advantage of opportunities to follow the mineralization wherever it may go. We will continue to focus on strategic acquisitions to increase our mineral resources."

The Company's recent mineral reserve declaration report, summarized in its May 15, 2009 press release, illustrates the success of the Comstock Mine Project to date. The Company continues to build on that success through the ongoing engineering and permitting activities required to open a profitable mining operation. "