Rotary Air Blast Drilling Program Commences at Comstock’s QV Gold Project in British Columbia

Comstock Metals Ltd. is pleased to announce that it has commenced a minimum 2,500 m rotary air blast (RAB) drilling program on its flagship 16,335 hectare QV Gold Project in the prolific White Gold district of the Yukon Territory.

The RAB drilling program will focus on testing for extensions along strike to the east and west of the VG Zone, where 3,400 m of diamond drilling in 17 drill holes formed the basis for a maiden Inferred mineral resource totalling 4.4 million tonnes grading 1.65 g/t gold containing 230,000 ounces of gold at a 0.5 g/t gold cut-off (See Comstock July 8, 2014 News Release). Initial drill testing of the Stewart and Shadow targets will also be carried out. Both the Stewart and Shadow targets have strong gold-in-soil anomalies and coincident resistivity targets. The precise location and orientation of the planned RAB holes has been based on interpretation of previous exploration data in conjunction with initial 2016 Phase I program results from the GT Probe, DC resistivity geophysical survey, geological mapping, rock and soil sampling. Average planned hole depth will be in the 100 m to 150 m range.