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The Comstock Lode is a lode of silver ore located under the eastern slope of Mount Davidson, a peak in the Virginia Range in Virginia City, Nevada (then western Utah Territory), which was the first major discovery of silver ore in the United States and named after American miner Henry Comstock.
The Comstock Lode had been a minor gold placer district since 1849. In 1859, several prospectors discovered its rich lode silver ore, and a great rush of miners poured eastward from California, and established Gold Hill and Virginia City, the principal towns of the Comstock Lode. [3]: 222–233 The district has been mostly inactive since the 1920s
One of the main settlements for the Cornish on the Comstock lode was in Gold Hill. [3] A later mining complex in the area operated from 1927 until 1942, when mining operations were shut down by War Production Board order L-208, shutting down all nonessential gold mines in the United States. Just under a hundred million dollars' worth of ore was ...
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John William Mackay (November 28, 1831 – July 20, 1902) was an Irish-American industrialist who rose from rags to riches. Born into abject poverty and raised in the slums of New York City, Mackay became one of the four Bonanza Kings, a partnership which capitalized on the wealth generated by the silver mines at the Comstock Lode in Nevada, making him one of the richest Americans in his time.
Comstock Inc. (AMEX:LODE) shares are trading higher premarket on Tuesday. On Monday, the company disclosed the execution of a binding agreement between Comstock Fuels Corporation and Gresham’s ...
There were many propositions starting as early as 1861 for railroads to service the area and decrease costs. Sharon eventually (with the addition of $500,000 in county bonds to move the railroad, equal to $16,955,556 today), envisioned a railroad to run from Virginia City, [2]: 136, 137 through Gold Hill where the first of the Comstock Lode was mined, passing the mills along the river, and ...
Comstock Inc. (LODE) delivered earnings and revenue surprises of 12.50% and 20%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?