Comstock Mine

GenMat Launches Pioneering, Space-Based Geophysics Modeling Initiative

Retrieved on: 
Tuesday, November 14, 2023
Comstock Mine, NYSE, PST, Mineral, Vandenberg Space Force Base, Dayton, Ohio, Gold, Silicon, Beacon, Mining, Physics, SpaceX, HRSI, Hyperspectral imaging, Silver, Partnership, Silver mining, Comstock Lode

The GENMAT-1 has a resolution per pixel of 5 meters and over 400 spectral bands ranging from 440 nanometers to 900 nanometers.

Key Points: 
  • The GENMAT-1 has a resolution per pixel of 5 meters and over 400 spectral bands ranging from 440 nanometers to 900 nanometers.
  • Comstock Mining is pioneering the testing and use of these two GenMat technologies by combining their physics-based AI with Comstock’s existing geologic data and the new GENMAT-1 HRSI system data.
  • “This initiative not only has the potential to optimize the value of our owned, leased, permitted and revenue generating Comstock mineral estate, but to transform global mineral exploration.
  • GenMat is the ideal collaboration partner to explore these new frontiers.”

Comstock Announces Third Quarter 2023 Results and Corporate Updates

Retrieved on: 
Thursday, October 26, 2023
Sale, Alfredo De Gasperis, Q&A, Intelligence, Aviation biofuel, NYSE, Hydroprocessing, Comstock Mine, Hope, HBO, Data, State, Carbon, Investment, Metal, Fossil, Cellulosic ethanol, Mineral, Physics, Green, AI, Mining, TRL, CI, Lithium, Cryptocurrency, Pharmaceutical industry, Medical device, Video game, Renewable energy, Property management, Life insurance

VIRGINIA CITY, Nev., Oct. 26, 2023 (GLOBE NEWSWIRE) -- Comstock Inc. (NYSE: LODE) (“Comstock” and the “Company”) today announced its recent operational highlights, third quarter 2023 results, and updated outlook.

Key Points: 
  • VIRGINIA CITY, Nev., Oct. 26, 2023 (GLOBE NEWSWIRE) -- Comstock Inc. (NYSE: LODE) (“Comstock” and the “Company”) today announced its recent operational highlights, third quarter 2023 results, and updated outlook.
  • This resulted in a positive net income reflected in our quarterly and year-to-date results,” said Mr. De Gasperis.
  • Comstock will host a conference call today, Thursday, October 26, 2023, at 4:15 p.m.
  • ET to report its Third Quarter 2023 results and business update.

Comstock Announces Second Quarter 2023 Results and Corporate Updates

Retrieved on: 
Thursday, August 10, 2023
Q&A, American Battery Technology Company, Indian Institute of Science, Gasoline, Research, Carbon, Comstock Mine, Sale, DFT, Alfredo De Gasperis, Gold, Density functional theory, Investment, Mining, ABTC, Artificial intelligence, CFD, Facility, NYSE, Metal, Renewable energy, Lithium, Commercial property, Sales, Fine chemical, Cryptocurrency, Green

VIRGINIA CITY, Nev., Aug. 10, 2023 (GLOBE NEWSWIRE) -- Comstock Inc. (NYSE: LODE) (“Comstock” and the “Company”), an innovator of technologies that enable systemic decarbonization and the energy transition by efficiently converting under-utilized natural resources into renewable energy products, today announced its second quarter results and business updates.

Key Points: 
  • VIRGINIA CITY, Nev., Aug. 10, 2023 (GLOBE NEWSWIRE) -- Comstock Inc. (NYSE: LODE) (“Comstock” and the “Company”), an innovator of technologies that enable systemic decarbonization and the energy transition by efficiently converting under-utilized natural resources into renewable energy products, today announced its second quarter results and business updates.
  • “The focus for 2023 is the commercialization of our technologies,” said Corrado De Gasperis, Comstock’s executive chairman and chief executive officer.
  • Comstock will host a conference call today, Thursday, August 10, 2023, at 4:15 p.m.
  • ET to report its Second Quarter 2023 results and business update.

Comstock Releases Shareholder Letter

Retrieved on: 
Thursday, April 13, 2023
Comstock, Metal, Tahoe Reno Industrial Center, Silver, Recycling, Comstock Mine, Gold, Mining, Spectroscopy, Artificial intelligence, Growth, LIB, Letter, Biomass, NYSE, Management, Rare-earth element

VIRGINIA CITY, Nev., April 13, 2023 (GLOBE NEWSWIRE) -- Comstock Inc. (NYSE: LODE) (“Comstock” and the “Company”) today announced that its executive chairman and chief executive officer issued the following shareholder letter.

Key Points: 
  • VIRGINIA CITY, Nev., April 13, 2023 (GLOBE NEWSWIRE) -- Comstock Inc. (NYSE: LODE) (“Comstock” and the “Company”) today announced that its executive chairman and chief executive officer issued the following shareholder letter.
  • Unlocking that value will ultimately come down to successfully commercializing and using our technologies to generate revenue and earnings.
  • Comstock Fuels – Most renewable fuels draw from the same feedstock pool, but the total supply can only meet a small fraction of the demand.
  • Comstock Metals – The world is focused on the production of energy generation and storage technologies to reduce reliance on fossil fuels, including lithium-ion batteries (“LIBs”), photovoltaics, and fuel cells.

Tonogold Eliminates Debt Held by Comstock Mining

Retrieved on: 
Monday, April 4, 2022
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LA JOLLA, Calif., April 04, 2022 (GLOBE NEWSWIRE) -- TONOGOLD RESOURCES, INC. (OTC: TNGL) ("Tonogold" or "the Company"), a company holding rights to acquire a substantial portion of the mineralized land within the Comstock Mining District, is pleased to announce that, as part of the Company's debt restructuring efforts, it has extinguished its outstanding debt owed to Comstock Mining, Inc. ("Comstock" or "CMI") and restructured its prior agreement with Comstock related to the acquisition of certain mining and exploration assets in the Comstock District, originally announced on January 24, 2019.

Key Points: 
  • LA JOLLA, Calif., April 04, 2022 (GLOBE NEWSWIRE) -- TONOGOLD RESOURCES, INC. (OTC: TNGL) ("Tonogold" or "the Company"), a company holding rights to acquire a substantial portion of the mineralized land within the Comstock Mining District, is pleased to announce that, as part of the Company's debt restructuring efforts, it has extinguished its outstanding debt owed to Comstock Mining, Inc. ("Comstock" or "CMI") and restructured its prior agreement with Comstock related to the acquisition of certain mining and exploration assets in the Comstock District, originally announced on January 24, 2019.
  • Tonogold and Comstock have executed an option agreement providing for the elimination of all of the Company's $6,650,000 debt owed to Comstock.
  • The Company incurred this debt in connection with the prior purchase of 100% of the membership interests in Comstock Mining LLC, the entity that owns the Lucerne Mine and mineral resource within the Comstock Mining District.
  • The option to re-acquire Comstock Mining LLC can be exercised by the Company at any time prior to the expiration of the option by paying CMI $7,750,000.