PHOENIX, AZ–(Marketwired – Apr 4, 2016) – Tombstone Exploration Corporation (OTC PINK: TMBXF), a fully reporting company (BERLIN: UDNA), announced today that the Company met with the Bureau of Land Management (BLM) Yuma County Representative onsite March 30th on its 100% owned mining claims in Yuma County, AZ, in the Eagletail Mining District. An evaluation of TMBXF’s application, planned activity, historical disturbance on the site and finalizing the trenching and drill plan was completed. The plan has been accepted for finalization and TMBXF will be paying the required reclamation bond fee with the BLM. The sampling of these mining claims continues and the second batch of samples will be sent for analysis later this week.
The notice of intent filed with the BLM includes trenching up to 2,327 feet, with excavation depths down to 4 feet deep with an estimated 12 feet wide total disturbance. TMBXF is estimating the first phase of drilling to encompass 6,000 feet with depths between 100 and 600 feet per hole. With an onsite geological team and having a Niton XRF that has the ability for initial testing of metal analysis within seconds, the Company will have tremendous flexibility to adjust and amend its drill targets accordingly.
Alan Brown, President of TMBXF, stated, “We are executing the exploration program plan for 2016 using the best exploration techniques including initial ground geophysics, sampling, trenching and drilling. I am confident that this will allow us to continue to implement our exploration initiatives and lead to an initial gold silver & base metal resource confirmation and additional discovery in Yuma County.”
TMBXF continues working with Element Exploration LLC and their Exploration Geologist, Isaac Nelson. Mr. Nelson is a professional geologist with more than ten years of experience, focusing on gold and copper systems within world class epithermal gold and porphyry districts.
TMBXF is a gold silver copper exploration company based in Phoenix, Arizona. The Company’s goal is to maximize shareholder value through focused exploration, testing and development of high quality mineral targets in the prolific mineral producing areas in S.W. USA. This goal will be achieved in part through the application of the best mineral exploration practices and techniques available to our experienced exploration and management team, including adherence to the highest possible standards of corporate responsibility, governance and conduct.
This release contains statements that constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements appear in a number of places in this release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of Tombstone Exploration Corporation, its directors or its officers with respect to, among other things: (i) financing plans; (ii) trends affecting its financial condition or results of operations; (iii) growth strategy and operating strategy. The words “may,” “would,” “will,” “expect,” “estimate,” “can,” “believe,” “potential” and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are Tombstone Exploration Corporation’s ability to control, and actual results may differ materially from those projected in the forward-looking statements as a result of various factors. More information about the potential factors that could affect the business and financial results is and will be included in Tombstone Exploration Corporation’s filings with the Securities and Exchange Commission.