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Comstock Announces 2020 Achievements; Updates Progress on MCU Ownership, Philippines Deployment .
Comstock Mining Inc.January 7, 2021 GMT
VIRGINIA CITY, Nev., Jan. 07, 2021 (GLOBE NEWSWIRE) Comstock Mining Inc. (the “Company”) (NYSE American: LODE) announced 2020 business achievements, 2021-2023 strategic plan and the Company’s outlook for 2021:
Selected 2020 Strategic Achievements (unaudited)
Completed corporate realignment, positioning Comstock for precious and strategic metal-based growth;
Completed first phase of mercury remediation pilot, purchasing 15% of Mercury Clean Up LLC (“MCU”):
Formed Philippine mercury remediation joint venture, receiving 50% of MCU Philippines Inc. (“MCU-P”);
Acquired 25% of Pelen LLC, 100% owner of the Sutro Tunnel Company mineral properties and royalties;