Q: When are you planning on launching the new website?
Last year, our Board approved a transformational strategy focused on environmentally responsible, high-value, cash-generating, precious metal-based activities. This includes metals exploration, engineering, resource development, economically feasible mineral production and innovative, conservation-based metal processing that recycles, reprocesses and cleans the environment! We have pursued, partnered and acquired ventures that are innovative, socially conscious and economically enhancing to our mineral properties and mining technologies.
Our new corporate structure is now well aligned with this strategy. Comstock Mining Inc. remains the parent and wholly owns the newly realigned subsidiaries.
Comstock Mining LLC controls the Lucerne properties. Comstock Processing LLC owns the American Flat processing facility and is our vehicle for clean technology ventures, with plenty of additional land for potential expansions. Comstock Northern Exploration LLC controls the remaining Storey County mining exploration targets, primarily located north of the Lucerne properties, including the Occidental Lode and northern targets.
Comstock Exploration & Development LLC owns or controls the Lyon County claims, including the Dayton Resource and Spring Valley areas. Comstock Industrial LLC owns the Silver Springs properties and Comstock Real Estate Inc. owns the Daney Ranch and the Gold Hill Hotel.
We put this into a simple graphic to clarify our direction.
Our focus remains on intelligent, lighter capital deployment for higher and faster cash generating returns. We believe this website is just the beginning of clearer, faster, better and more effective communications of an exciting growth strategy truly launching with this website, on Earth Day 2020!!!!
Corrado De Gasperis