![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Tuesday, May 22, 2012 8:40:19 PM
Comstock Mining Inc. (the "Company") (NYSE Amex: LODE) today received a Notice from the Sierra Front Field Office of the Bureau of Land Management (BLM) requiring the Company to cease using certain land that facilitates efficient transportation of material, primarily due to allegations of use without authorization. The Company believes that the allegations in the Notice are not supported by the facts. The Notice permits 30 days to present evidence of our authority. The Company will be filing an appropriate response with the BLM, to enable a timely and positive resolution.
The Notice appears to dispute the legal ownership of a 25-acre lot in the Gold Hill Town site ("Lot 51"). The Company has documented the private ownership of Lot 51 under clear title dating back to 1869. Storey County has collected private property taxes since then on this land, and upholds private ownership in a letter written to the BLM by the County dated November 2, 2011. Past BLM correspondence also confirmed private ownership. Documentation supporting the Company's position is available and will be submitted timely.
This Notice does not impact the construction activities ongoing at our processing site and does not directly impact the preparation and construction of the mine. Both will proceed on schedule.
"We are surprised with the Notice from Field Manager Thomas," stated Corrado De Gasperis, President and CEO of Comstock Mining. "We will, of course, fully comply with the Notice. We have a good and longstanding relationship with the BLM and will work constructively to resolve this matter quickly. Construction will remain on schedule while we respond and resolve the allegations in the Notice."
Recent LODE News
- Form 8-K - Current report • Edgar (US Regulatory) • 09/03/2024 05:01:23 PM
- Comstock Metals Records First Renewable Metal Shipments and Sales • GlobeNewswire Inc. • 08/20/2024 10:00:00 AM
- Comstock Validates Record Renewable Fuel Yields • GlobeNewswire Inc. • 08/15/2024 12:33:24 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/14/2024 09:05:01 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/08/2024 08:30:45 PM
- Comstock Announces Second Quarter 2024 Results and Corporate Updates • GlobeNewswire Inc. • 08/08/2024 08:15:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/08/2024 08:02:15 PM
- Comstock Secures $325 Million Term Sheet for Investments and Real Estate Sales • GlobeNewswire Inc. • 08/08/2024 01:15:00 PM
- Comstock Inc. to Host Q2 Earnings Call on August 8, 2024, at 4:30pm ET • GlobeNewswire Inc. • 07/25/2024 08:30:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/19/2024 10:15:23 AM
- Form D - Notice of Exempt Offering of Securities • Edgar (US Regulatory) • 07/19/2024 10:05:29 AM
- Form 424B5 - Prospectus [Rule 424(b)(5)] • Edgar (US Regulatory) • 07/19/2024 10:01:58 AM
- Comstock Terminates Equity Purchase Agreement with New $2.5 Million Investment • GlobeNewswire Inc. • 07/19/2024 10:00:00 AM
- Form 424B5 - Prospectus [Rule 424(b)(5)] • Edgar (US Regulatory) • 07/18/2024 08:21:14 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/17/2024 08:16:26 PM
- Comstock Inc. Publishes its 2Q24 Stakeholder Perception Analysis Report • GlobeNewswire Inc. • 07/17/2024 10:00:00 AM
- Comstock Metals Secures First Industry-Scale Facility for Recycling Expansion • GlobeNewswire Inc. • 07/15/2024 10:00:00 AM
- Comstock Metals Receives County Operating and Storage Permit for Recycling Expansion • GlobeNewswire Inc. • 06/24/2024 10:00:00 AM
- Comstock Participates in Ribbon-Cutting of Green Li-ion’s New Commercial Scale Facility • GlobeNewswire Inc. • 06/19/2024 10:00:00 AM
- Comstock Shareholder Update • GlobeNewswire Inc. • 06/18/2024 11:44:19 AM
- Comstock Expanding Partnership with RenFuel • GlobeNewswire Inc. • 06/10/2024 10:00:00 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/31/2024 08:45:45 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/28/2024 10:22:24 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/20/2024 08:19:56 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/13/2024 08:09:00 PM
Maybacks Global and Inventel Products To Launch Global 24 Hour Shopping Channel • AHRO • Sep 3, 2024 9:15 AM
UC Asset announces plan of management stock buyback • UCASU • Sep 3, 2024 9:00 AM
Element79 Gold Corp Appoints Warren Levy to Board of Directors • ELMGF • Aug 28, 2024 9:51 AM
Integrated Ventures Announces Strategic Entry Into Health & Wellness Industry with Focus on GLP-1 Products • INTV • Aug 28, 2024 8:30 AM
ELEMENT79 ANNOUNCES UPLISTING TO OTCQB VENTURE MARKET • ELMGF • Aug 26, 2024 10:03 AM
North Bay Resources Announces Gold Assays up to 2.2 Ounces per Ton, Fran Gold Project, British Columbia • NBRI • Aug 26, 2024 10:00 AM