#comstockmetals

Comstock Metals drills shallow high-grade gold at Preview North

Comstock Metals (CSL.V) has just released the assay results from its 5-hole drill program on the Preview SW Gold project in Saskatchewan, which was completed in December last year. The company was targeting the North zone where it previously enjoyed positive exploration results, which made it an easy decision to go back to Preview North.

Four of the five holes contained gold mineralization,…

Comstock Metals sells its QV property to White Gold

Comstock Metals (CSL.V) has reached an agreement with Yukon-focused White Gold Corp (WGO.V)to sell its QV gold property to the latter. White Gold will pay C$375,000 in cash and issue 1.5 million new shares to Comstock Metals, which gives this deal a total value of approximately C$2.6M using a share price of C$1.5 for White Gold. On top of the cash and stock payment, Comstock Metals will also…

E3 Metals adds two permits to its land position

E3 Metals (ETMC.V)appears to be very serious about developing the Leduc Reservoir in an attempt to produce lithium carbonate. The current lithium resource on the property already stands at 6.7 million tonnes of LCE but as one of the new permits is directly adjacent to (and thus expanding) the Clearwater zone, E3 Metals is in a good position to try to expand the current resource of 1.9 million…