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LODE - Comstock Mining +20% after selling Lucerne assets to Tonogold
Comstock Mining Inc.
Comstock Mining (LODE+20%) surges after agreeing to sell its Lucerne properties to Tonogold Resources (OTCPK:TNGL+22.5%) for $15M in cash, $8M in relief of future lease and reclamation obligations, and a retained 1.5% net smelter return royalty on the Lucerne properties.
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