Comstock Mining Reports Changes in Management Team

- March 3rd, 2015

Comstock Mining (NYSEMKT:LODE) announced positive changes in its management team: Mr. R. Kenneth Joy was promoted to Director of Mining and Mine Development; Ms. Alissa Sanchez was appointed Director for Permitting and Compliance.

Comstock Mining (NYSEMKT:LODE) announced positive changes in its management team: Mr. R. Kenneth Joy was promoted to Director of Mining and Mine Development; Ms. Alissa Sanchez was appointed Director for Permitting and Compliance.

President & CEO Corrado DeGasperis, said, “As our mine and geology expansions begin to proliferate and as we accelerate the development of specific underground opportunities, Ken and Alissa not only provide outstanding competencies, but their dedication to safe, responsible development and strong interdependent teamwork, combined with our existing professionals, provides us with the needed, higher level of technical and operational capacity.”

Comstock announced recent appointments to its technical team: Mr. Timothy George, Senior Mine Engineer; Mr. Robert Tracy, Mine Engineer; Mr. Troy Hawkins, Mine Superintendent; and Mr. Judd Merrill, CFO.

As quoted in the press release:

Mr. R. Kenneth (“Ken”) Joy has been promoted to Director of Mining and Mine Development. Mr. Joy has worked for the Company since 2012, and served most recently as Director of Strategic Project Management, responsible for all mining, mine and site development and construction, and brings over 12 years of experience in heavy industry and commercial civil engineering, above and underground utility and earthwork construction, permitting and complex project and multi-project construction, including projects for the United States Forest Service. Mr. Joy holds a Bachelor of Science Degree in Civil Engineering from the University of Nevada, Reno.

The Company also announced that Ms. Alissa Sanchez joined the Company as Director, Permitting and Compliance. Ms. Sanchez brings over 15 years of technical and operational experience, including most aspects of permit acquisition, compliance and monitoring. She also specializes in Nevada-based state and federal permitting, including the National Environmental Protection Act (NEPA). Ms. Sanchez has managed large scale baseline monitoring and mitigation projects, and developed and managed ambient air quality monitoring programs and is considered an expert in air quality research and analysis. She joins Ms. Rachel Yelderman, the Company’s Director of Environmental Affairs, to lead the Company into its next phases of expansions, while continuing to establish new standards in environmental reclamation and restoration.

Ms. Sanchez holds a Bachelor of Science Degree in Chemistry from Northland College, Ashland, Wisconsin and a Master of Science Degree in Atmospheric Science with an emphasis in Chemistry from University of Nevada, Reno.

“As our mine and geology expansions begin to proliferate and as we accelerate the development of specific underground opportunities, Ken and Alissa not only provide outstanding competencies, but their dedication to safe, responsible development and strong interdependent teamwork, combined with our existing professionals, provides us with the needed, higher level of technical and operational capacity,” stated Corrado DeGasperis, President & CEO Of Comstock Mining Inc.

During 2014, the Company further enhanced the team with two outstanding engineers. Mr. Timothy George, as its Senior Mine Engineer, bringing nearly 10 years of experience in mine design, modeling and optimization and Mr. Robert Tracy, Mine Engineer, with experience in mine design, both surface and underground, production scheduling and grade control. Both Mr. George and Mr. Tracy hold Bachelor of Science Degrees in Mining Engineering, from the University of Arizona.

Mr. Troy Hawkins has also joined the team, as its Mine Superintendent. Mr. Hawkins has over 20 years experience in mining, mobile maintenance, and supervision of the safe and efficient operation of heavy equipment. A veteran of the Comstock Mine, Mr. Hawkins has led major mine teams for Allied Nevada Gold and Coeur Rochester, among others, and received the 2014 Nevada Mining Association Middle Management Safety Award.

“The high level of technical competency, energy, and passion for the Comstock makes this team, in my opinion, one of the best in Nevada, especially in terms of the conscientious environmental precedents, achievements and quality standards that they have and continue to establish for us. This positions us to deliver our cost savings objectives by eliminating high-cost, third-party advisors, and drive our own development and permitting projects, including recently exposed high grade underground targets.” concluded Mr. De Gasperis.

The Company also previously announced that Judd Merrill was promoted to Chief Financial Officer. Mr. Merrill joined the Company in 2011, and previously worked at Fronteer Gold Inc. and Newmont Mining Corp., both in Nevada, and Deloitte & Touche LLP. The Company remains on track to reduce mining and processing costs to less than $18 million per annum, a more than $5 million reduction over fiscal year 2014. The Company has also identified $1.5 million of potential cost reductions in all other non-mining activities, including general, administrative and environmental areas.

Click here to read the Comstock Mining (NYSEMKT:LODE) press release
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