Comstock Mining Gets Right-of-Way Nod from BLM; Shares Edge Lower

By Staff,

Shutterstock photo

Comstock Mining Inc. ( LODE ) announced that the United States Department of the Interior - Bureau of Land Management (BLM) will allow the company to move forward with a Class 1 Color-of-Title Act claim with respect to Lot 51, a 25-acre parcel in Gold Hill, Nevada.

As part of this process, the BLM is allowing for the company's limited interim use of the existing haul road segment that crosses Lot 51, providing a more efficient connection to a previously granted, non-exclusive Right-of-Way for access to its processing facility in American Flat.

LODE shares are down 0.5% at $1.89.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Copyright (C) 2014 All rights reserved. Unauthorized reproduction is strictly prohibited.

This article appears in: Investing Commodities
Referenced Stocks: LODE

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