Comstock Metals Ltd. (CSL.V) today announced initial results
from its trenching programme on the QV Project located in the heart
of the White Gold district, Yukon Territory.
Shares came off a halt at 1 pm (
) and immediately spiked to 23 cents, but have since retreated to
18 cents, which is still up 28.5%.
- 3.74 grams/tonne gold (g/t Au) over the entire 75 m length of
- 0.85 g/t Au over 45 m in QVTR12-03 205 m along strike of
- mineralization consists of quartz veins, stockwork,
silicification and weak brecciation, accompanied by minor
- a minimum 265 m strike extent for the gold-bearing
structure-Northeasterly gold trend is consistent with other
deposit(s) in the district
In comparison, initial trench results of Kinross Gold
Corporation's White Gold deposit, 15 km to the south of the QV,
returned 1.3 g/t Au over 37.5 m from the Golden Saddle zone;
initial trench results from the Coffee Project of Kaminak Gold
Corporation included 2.3 g/t Au over 21.0 m and 11.45 g/t Au over
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