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

By: MT Newswires
Posted: 2/21/2013 3:15:00 PM
Referenced Stocks: LODE

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.