The 1370 hectare Corona project is located approximately 270 km southwest of the city of Chihuahua, Mexico.  The property is located in the Sierra Madre Occidental precious metal belt, hosting producing gold-silver mines such as Ocampo, Dolores, Pinos Altos, El Sauzal, and Mulatos.

In December 2018, Comstock announced that Desarrollos Mineros El Aguila, S.A. de C.V., a wholly owned subsidiary of Fresnillo plc, exercised the option agreement to acquire the 1,370 hectare Corona project.  Comstock continues to own a 0.5% NSR in the Corona property.