Comstock Mining Announces First Quarter 2011 Results

Comstock Mining Inc. (OTC:LODE) announced first quarter 2011 financial results.

The press release is quoted as saying:

Operating expenses for Q1 2011 were $3.1 million, versus $1.1 million in Q1 2010.  The increase resulted primarily from an increase of $1.7 million, primarily for exploration drilling and related activities and an increase of $0.3 million for general and administrative expenses.

To read the full press release, click here.