Comstock Mining Taps into Vein that Could Yield $10 Million in Revenue
Mar. 08, 2013 10:51AM PST
Silver InvestingUSA Today reported that Comstock Mining has tapped into a highly concentrated deposit that could yield $10 million in revenue.
USA Today reported that Comstock Mining has tapped into a highly concentrated deposit that could yield $10 million in revenue.
As quoted in the market report:
At the moment, Comstock Mining is pulling ore from an open pit here that is about a mile and a half downhill from historic Virginia City, Nev. It then is hauled to a processing plant about 2 miles away at American Flat, Nev. After heap-leach treatment in which chemicals such as cyanide are added to crushed rock to extract the minerals, the metal is being poured into bars of blended gold and silver at a rate of nearly 300 ounces a week.