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CSL.V Stock Symbol

2012

Comstock Announces Grant Of Incentive Stock Options

Vancouver, BC - March 28, 2012 – Comstock Metals Ltd. (TSX-V: CSL) announces that it has granted an aggregate of 2,250,000 incentive stock options to directors, officers and consultants exercisable at $0.30 for a period of two years with respect to 750,000 options, and five years with respect to 1,500,000 options. The options are subject to the approval of the TSX Venture Exchange.

To learn more please visit the Company’s website at: www.comstock-metals.com. For further information, contact Rasool Mohammad at 604-639-4533.

COMSTOCK METALS LTD.
Rasool Mohammad, B.Sc. (Mining)
President & CEO
Phone: 604-639-4533
www.comstock-metals.com

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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