Comstock Mining Receives Favorable Supreme Court Rulings
Comstock Mining Inc. has received favorable rulings as the Supreme Court of the State of Nevada affirmed the lower court’s decision relating to the Lyon County Board of Commissioners’ substantive decision on a master plan amendment and zone change associated with certain mineralized properties near Silver City, Nevada.
The Supreme Court affirmed that the District Court:
1. Properly found that the Lyon County Board of Commissioners did not abuse its discretion and that its decision was based upon substantial evidence when approving Comstock Mining’s application for amendments to the Lyon County Master Plan and zoning changes for certain property to permit mining;
2. Properly dismissed the open meeting law claim; and that
3. The Lyon County Commission complied with statutory reporting requirements regarding a master plan amendment.
“We are pleased with the Supreme Court’s affirmations, always believing that Lyon County and its Board of Commissioners used proper discretion, relied on substantial evidence that included exhaustive testimony and that the county also properly followed the open meeting law and all other applicable Nevada Statutes. We look forward to expeditiously developing our private lands for the best, most productive, job sustaining uses and to a positive outcome for the county on the one outstanding due process issue,” said Corrado De Gasperis, president and CEO of Comstock Mining.
About Comstock Mining
Comstock Mining Inc. is a Nevada-based, gold and silver mining company with extensive, contiguous property in the Comstock District and is an emerging leader in sustainable, responsible mining. The company began acquiring properties in the Comstock District in 2003. Since then, the company has consolidated a significant portion of the Comstock District, amassed the single largest known repository of historical and current geological data on the Comstock region, secured permits, built an infrastructure and commenced production in 2012. The company continues evaluating and acquiring properties inside and outside the district expanding its footprint and exploring all of their existing and prospective opportunities for further exploration, development and mining. The near term goal of their business plan is to maximize intrinsic stockholder value realized, per share, by continuing to acquire mineralized and potentially mineralized properties, exploring, developing and validating qualified resources and reserves (proven and probable) that enable the commercial development of operations through extended, long-lived mine plans that are economically feasible and socially responsible.
To stop by Comstock Mining’s website, CLICK HERE
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