Comstock Mining Increases 2015 Cost Reduction Target to $10 Million

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Comstock Mining (LODE) Posts Q2 GAAP Loss of 3c/Share

July 21, 2015 8:20 AM EDT

Comstock Mining (NYSE: LODE) reported Q2 EPS of ($0.03), which may not compare with the analyst estimate of ($0.01). Revenue for the quarter came in at $5.49 million versus the consensus estimate of $7.85 million.

Dayton Drill Program Update

The Dayton property includes the Dayton (Marble), Alhambra, Kossuth, Metropolitan, and Gennessee patents. Surface drilling on the Company's Dayton property, located in the southern part of the Comstock district, commenced late in the first quarter of 2015 and is ongoing. In conjunction with the current drill... More