Comstock Inc. · AMEX:LODE
Comstock — Goldspring — Investor Presentation (April 2008)
14 slides from Comstock's investor presentation, Apr 29, 2008
Slide 1: GoldSpring Investor Presentation
a GOLDS PRING A Precious Matals Company Investor Presentation CONFIDENTIAL April 2008 A Florida Corporation NASDAQ OTC Bulletin Board Trading Symbol: GSPG 1200 American Flat Road. PO Box 1118, Virginia City, NV 89440 Tel: 775.847.5272 Fax: 775.847.4762 www.goldspring.us
Slide 2: Cautionary Statements
Cautionary Statements Certain information or contained or incorporated by reference in this presentation and related material, including any information as to our future financial or operating performance. constitutes “forward-looking statements”. All statements other than statements of historical f
Slide 3: GoldSpring, Inc. (GSPG)
GoldSpring, Inc. (GSPG) GoldSpring, Inc. is a North American precious metals mining company with extensive, contiguous proper Comstock Lode District and a fully permitted gold and silver mine. The Company was formed in mid-2003 and acquired the Plum Mine property located in the Comstock Lode Distric
Slide 4: GoldSpring, Inc. (GSPG) Company Objectives
aouenras GoldSpring, Inc. (GSPG) Company Objectives: Explore the Comstock Lode property (First property acquired in 2003) Create the largest Comstock footprint through strategic acquisitions / joint ventures Become the most efficient gold & silver mine operation Commence Gold and Silver Production t
Slide 5: The Comstock Lode District
RING The Comstock Lode District One of Worlds “Giant” Mineral Districts. + Produced ores containing 15 > ee i Vv\ THE COMSTOCK LODE SHOWING LOCATION OF IMPORTANT MINES million ounces of gold and 230 million ounces of silver. + 33 Bonanza discoveries Nevada’s most under-explored districts in terms of
Slide 6: Acquired another Comstock Property in November 2003
Acquired another Comstock Property in November 2003 Obtained 32 required regulatory and environmental permits: + Air quality control permit + Water Usage + Cyanide Heap Leach Special Use Permit * County special use permit + Reclamation permit + Storm water drainage permit + Water rights + Wildlife p
Slide 7: Precious Metals Analysts & Banks
Got Sam : Precious Metals Analysts & Banks CHRISTOPHER WOOD, Chief strategist, CLSA "Market ructions, the sub-prime conflagration and a collapse of the dollar could send gold prices to more than $3,400 an ounce within the next three years. This is not a sub-prime crisis. Sub-prime has merely exposed
Slide 8: Gold Forecast 2008 (Range $800 to $1,500)
cokes Gold Forecast 2008 (Range $800 to $1,500) Goldman Sachs $800/oz Citigroup $1,000/0z Merrill Lynch $1,000/oz Morgan Stanley $1,000/oz (Gold Market has a long way to go beyond 2008) Deutsche Bank $820/0z JP Morgan Chase $814/0z Gold} ES Ol Gowoit Barclays $830/0z sich End of 2001: yeso 0 1980 uo
Slide 9: GoldSpring, Inc. — Investment Overview
GoldSpring, Inc. — Investment Overview Positioned for Growth and Profitability > Consolidation of the Comstock District - ™ Acquired properties at favorable prices ™ Expanded Comstock footprint through the staking of addition mineral claims ™ Largest footprint ever held in the Comstock and the abili
Slide 10: Phase One Drilling Program
Got eee Phase One Drilling Program “Phase One Drilling Program, consisting of 100 drill holes, Commenced in mid December 2007 “Drilling taking place on the Hartford Complex, representing less than 5% of our mining property in the Comstock Lode District “Drilling conducted in accordance with industry
Slide 11: 40 drill holes totaling approximately 14,000 feet of drilling
+40 drill holes totaling approximately 14,000 feet of drilling “Approximately $750,000 spent on drilling to date *Received Third-party assays on the first 28 drill holes. Expect assay results on the balance of the 40 holes by mid May 2008 * Drill holes show strong and consistent gold and silver mine
Slide 12: Drill Hole Location Maps
Drill Hole Location Maps u
Slide 13: Initial 43-101 Report
a Initial 43-101 Report UAssembled Team of Industry Exports » Professional Engineer specializing in technical writing » Geologist and Mining Engineer to complete Geological Cross-sectioning » Design Engineer to calculate quantity and quality of gold and silver grades — three dimensional » Profession
Slide 14: Comstock Lode — Resumption of Mining
coud Comstock Lode — Resumption of Mining STATE ROUTE 342 \ \ Steps to Resume Production of the Hartford Canal SUSTICE AREA ‘omplex Comprehensive Geological Review Under way (On going project) : LUCERNE prr Drilling Program commenced Dec. 2007 : H = Reserve report scheduled to be completed — Late Sp