other material
confidence high
sentiment positive
materiality 0.55
Comstock sells residual 1.5% NSR royalty for $1.1M cash to Mackay
Comstock Inc.
- Aggregate purchase price of $1.1M: $100K non-refundable deposit and $1M paid Jan 20, 2026.
- Transaction brings total cash proceeds from sale of claims, leases, and royalties to over $4M.
- Combined with prior lease payments, total consideration nearly $8M plus 240 acres of mineral properties.
- CEO says proceeds support development of S-K 1300 compliant Dayton and Lucerne resources.
- Royalty covered patented/unpatented mining claims in Storey County, Nevada.