Comstock Mining Announces Strategic Mining Joint Venture Tonogold Plans $20 million Investment for Lucerne Mine Development

VIRGINIA CITY, Nev., Oct. 05, 2017 (GLOBE NEWSWIRE) Comstock Mining Inc. (the “Company” or “Comstock”) (NYSE American:LODE) announced today that it has entered into an Option Agreement (the “Agreement’) for a mining joint venture on the permitted, Lucerne Mine Project (the “Lucerne”), with Tonogold Resources, Inc. (“Tonogold”) (OTCMKTS:TNGL). Strategic Option and Joint Venture Highlights • Accelerates drilling and development activities of $1 million in the first six months; • Provides potentially $2.2 million to Comstock; $0.2 million immediately and another
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