Vancouver, BC / May 31, 2018 – Comstock Metals Ltd. (TSX-V: CSL) (“CSL” or the “Company”) announced today that certain officers and directors have been issued an aggregate of 2,450,000 options pursuant to the Company’s option plan. 1,600,000 options have been granted effective today with each such option being exercisable into one common share at an exercise price of $0.07 at any time on or before the fifth anniversary of its issuance. The remaining options have been approved for issuance with an effective date of June 15, 2018 with each such option being exercisable into one common share at an exercise price equal to the closing price of the Company’s common shares on June 14, 2018.

About Comstock Metals Ltd.

Comstock Metals Ltd. is a Canadian-focussed mineral exploration company with various resources projects located in Canada.

For more information about Comstock Metals Ltd., please visit www.comstock-metals.com or contact:

Steven H. Goldman
Interim President, CEO and Director

COMSTOCK METALS LTD.
Phone: (416) 867-9100
Email: s.goldman@goldmanhine.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.