Comstock Foundation for History and Culture Established

VIRGINIA CITY, Nev., July 30, 2013 /PRNewswire/ -- The newly organized Comstock Foundation for History and Culture announced today that the Nevada Secretary of State's office has accepted the Foundation's Articles of Incorporation.  The Comstock Foundation was established as a non-profit corporation to encourage the preservation and promotion of historic and cultural resources within the Comstock Historic District.  The District was granted National Historic Landmark Status in 1961 and is one of the largest, most significant historical landmarks in the country.

The Comstock played a critical role in the history of mining, industrial, financial and technical innovation represented by engineering, logistics, legal and cultural advancements.  The Comstock was the birthplace of cutting edge mining technology during the nineteenth and early twentieth centuries.  All this happened while Comstock miners developed one of the greatest gold and silver deposits ever discovered.

Corrado De Gasperis, elected as the Chair of the Board for the Foundation during its first meeting, stated, "I am certain that the Comstock Foundation will represent a positive force for the whole community."  Mr. De Gasperis continued, "I am honored to head a board of proven, positive, professionals, and an organization led by the exceptional expertise of Ron James, who all deeply care about the preservation of history and enhancement of this special community and culture."

The five-member board includes independent, local representation as well as others who also share an interest in preserving and enhancing the landmark District.  Besides Mr. De Gasperis, who is also president and CEO of Comstock Mining Inc., based in Gold Hill, Nevada, members include Paul Yandre of Virginia City, Pam Abercrombe of Silver City, Lee Halavais of Reno, Nevada and John Winfield, the Chairman of the Board for Comstock Mining Inc. and a resident of Southern California.

Ron James, recently retired as Nevada's state historic preservation officer, serves as the executive director of the non-profit organization.  "I believe the formation of the Comstock Foundation represents an important step forward for the preservation and promotion of one of Nevada's greatest cultural treasures and attractions," said James.  "Much needs to be done to preserve the buildings and to address the archaeology within the historic district.  The Foundation offers an opportunity for all Nevadans to help preserve, promote, enhance and continue celebrating this national treasure."

During its meeting, the Board established short-term priorities, adopted by-laws, and discussed various ways to enhance funding of restoration projects.  Comstock Mining Inc. has committed the equivalent of one percent of its proceeds from the Lucerne Mine to support the Foundation's mission, promoting preservation and restoration of the District.

"Comstock Mining is providing resources that we consider an essential, foundational commitment but we see many, many other constituents interested in supporting this regionally and culturally important treasure," said Mr. De Gasperis.

The Foundation is in the process of filing with the Internal Revenue Service for tax-exempt status. 

For additional information about the Comstock Foundation for History and Culture, please contact Ron James at 775-443-7803.

SOURCE Comstock Foundation for History and Culture