Comstock Mining (LODE) – First Mercury Remediation System is Up and Running in the Philippines

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Wednesday, March 24, 2021

Comstock Mining (LODE)
First Mercury Remediation System is Up and Running in the Philippines

Comstock Mining Inc. is an emerging innovator and leader in the sustainable extraction, valorization, and production of scarce natural resources, with a focus on high value strategic materials that are essential to meeting the rapidly increasing global demand for clean energy, carbon-neutrality, and natural products.

Mark Reichman, Senior Research Analyst of Natural Resources, Noble Capital Markets, Inc.

Refer to the full report for the price target, fundamental analysis, and rating.

    First mercury remediation system operational in the Philippines. Comstock’s Clean Mercury Remediation Technologies (CMRT) joint venture with Mercury Clean Up LLC put the first commercial mercury remediation system into operation last week in Davao D’ Oro, Philippines. The unit has been deployed to recover and safely dispose of mercury from the Naboc River, along with recovering gold. According to Comstock management, the Head of the Philippine Department of Environment and Natural Resources (DENR), the country’s leading environmental regulator, stated that the Naboc River clean-up, if successful, could serve as a blueprint for treating other mercury contaminated areas in the country.

    A significant growth opportunity.  The mercury remediation system, operating at up to 150 tons per hour, is the first of several planned in the region. Each system, well-suited for remote deployment, remediates mercury while extracting by-products, including gold, cleaned sand, soil and gravel for commercial use. The company plans to deploy another system this year and several additional systems …



This Company Sponsored Research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).

*Analyst certification and important disclosures included in the full report. NOTE: investment decisions should not be based upon the content of this research summary.  Proper due diligence is required before making any investment decision. 

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