CSL Comstock Metals Ltd

Comstock Metals Ltd. (TSX VENTURE:CSL) ("Comstock" or "the Company") is pleased
to announce that it intends to commission a Resource Estimate for its QV
Project, White Gold District, in the Yukon Territory. The estimate will based
upon the results of 17 core drill holes totalling 3,422 m that were completed in
2012 and 2013. Details of all exploration completed, including the resource
estimate will be contained within a Technical Report issued within 45 days of
the Company's initial reporting of the results of the Resource Estimate.


The Resource Estimate will be done in accordance with CIMM Standards for the
Estimation of Mineral Resources & Mineral Reserves Best Practice Guidelines and
supported by a technical report conforming to NI 43-101, Standards of Disclosure
for Mineral Projects. The Company has engaged Susan Lomas, P. Geo. and Jean
Pautler, P.Geo. to complete this work during the second quarter of 2014. The
company is evaluating opportunities to fund its 2014 field program including
drilling through strategic partnership(s). The technical information in this
Release has been reviewed by Gordon Davidson, P. Geol. and Qualified Person for
purposes of National Instrument 43-101. 


About Comstock Metals Ltd.

Comstock Metals' flagship project is the QV Property in the Yukon Territory,
which covers 14,180 hectares (35,000 acres) within the prolific White Gold
District in the Yukon Territory, about 70 kilometres south of Dawson City.
Kinross Gold's Golden Saddle deposit is 10 km to the southeast, and Kaminak
Gold's Coffee projects are about 40 km to the south. 


Comstock's Corona Gold-Silver Property is located in the prolific Sierra Madre
Occidental in Chihuahua, Mexico. The Company completed a drill program in the
spring of 2012, which discovered two new zones of gold and silver
mineralization. 


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term
is defined in the policies of the TSX Venture Exchange) accepts responsibility
for the adequacy or accuracy of this Release.


FORWARD-LOOKING INFORMATION

This News Release includes forward-looking information and statements, which may
include, but are not limited to, information and statements regarding or
inferring the future business, operations, financial performance, prospects and
other plans, intentions, expectations, estimates, and beliefs of the Company.
Information and statements which are not purely historical fact are
forward-looking statements. Forward-looking information and statements involve
and are subject to assumptions and known and unknown risks, uncertainties, and
other factors which may cause actual events, results, performance, or
achievements of the Company to be materially different from future events,
results, performance, and achievements expressed or implied by forward-looking
information and statements herein. Although the Company believes that any
forward-looking information and statements herein are reasonable, in light of
the use of assumptions and the significant risks and uncertainties inherent in
such information and statements, there can be no assurance that any such
forward-looking information and statements will prove to be accurate, and
accordingly readers are advised to rely on their own evaluation of such risks
and uncertainties and should not place undue reliance upon such forward-looking
information and statements. Any forward-looking information and statements
herein are made as of the date hereof, and the Company assumes no obligation and
disclaims any intention to update or revise any forward-looking information and
statements herein, or to update the reasons that actual events or results could
or do differ from those projected in any forward-looking information and
statements herein, whether as a result of new information, future events or
results, or otherwise.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Comstock Metals Ltd.
Rasool Mohammad, B.Sc. (Mining)
President & CEO
(604) 639-4533


Comstock Metals Ltd.
Larry Johnson, B.Sc. (Geology)
Chief Financial Officer
(604) 639-4533
info@comstock-metals.com
www.comstock-metals.com

Comstock Metals (TSXV:CSL)
Historical Stock Chart
From Oct 2024 to Nov 2024

Comstock Metals (TSXV:CSL)
Historical Stock Chart
From Nov 2023 to Nov 2024