Aug 2 2016
Comstock Mining Inc. (the "Company"), announced today that the Bureau of Land Management (BLM), Sierra Front Field Office approved a major Right-of-Way for the Company, permitting a dedicated and expanded haul road from the Lucerne mine to the Company's centralized processing facilities. The Lucerne Haul Road permit provides exclusivity for hauling, enhancing expansion, efficiencies and safety.
Corrado De Gasperis, President & CEO, commented, "This major decision, coupled with the recently received Patent for "Lot 51" concludes two major federal permitting processes and deeply strengthens and solidifies our mining foundation in the Comstock District."
The approval required compliance with the National Historic Preservation Act and the National Environmental Policy Act (NEPA), including the successful approval of an Environmental Assessment.
Mr. De Gasperis concluded, "We are expert in handling the regulatory complexities associated with Nevada mining and permitting at all levels of government and we will continue to leverage this strong competency for our future growth and expansion."
About Comstock Mining Inc.
Comstock Mining Inc. is a Nevada-based, gold and silver mining company with extensive, contiguous property in the Comstock District and is an emerging leader in sustainable, responsible mining. The Company began acquiring properties in the Comstock District in 2003. Since then, the Company has consolidated a significant portion of the Comstock District, amassed the single largest known repository of historical and current geological data on the Comstock region, secured an extended and complex array of permits, built an infrastructure and commenced production in 2012. The Company continues evaluating and developing junior mining opportunities for expanding its footprint for further exploration, development and mining. The near term goal of our business plan is to maximize intrinsic stockholder value realized, per share, by continuing to acquire mineralized and potentially mineralized properties, exploring, developing and validating qualified resources and reserves (proven and probable) that enable the commercial development of existing and future operations through extended, long-lived mine plans that are economically feasible and socially responsible.
Source: http://www.comstockmining.com/