Comstock says NDEP approves reduction in Lucerne reclamation bonding requirement.
The Nevada Division of Environmental Protection's Bureau of Mining Regulation and Reclamation approved a reduction in the Company's Lucerne reclamation bonding requirement from several successful environmental reclamation and restoration efforts. Along State Route 342, just south of Gold Hill, Nevada, the Company also completed a variety of reclamation and/or environmental restorations, using progressive earthwork. CEO Corrado De Gasperis stated, "This restoration work was performed concurrently with mining from 2013 through 2015, and our reclamations were innovative, timely, efficient and especially effective for the regrading and revegetation efforts. The current reclamation obligation has been reduced down to $6.75M from over $7.10M." In 2015 and 2017, the Company received Nevada Excellence in Mine Reclamation Awards from a committee comprised of NDEP's BMRR, Nevada Division of Minerals, Nevada Department of Wildlife, Bureau of Land Management Nevada, and the U.S. Forest Service. In 2018, the Company also received the U.S. Department of the Interior BLM's Reclamation and Sustainable Mineral Development Award.
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|Date:||Jun 20, 2019|
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