PHOENIX, AZ–(Marketwired – Dec 15, 2015) – Tombstone Exploration Corporation (OTC PINK: TMBXF), a fully reporting company (BERLIN: UDNA), announced today that it has completed a Ground Based Geophysical survey performed by Zonge International at its Stardust Project in Yuma County, Arizona. The results are remarkably positive and have identified multiple apparent new precious metal targets.
Zonge International performed a Ground Magnetic Survey across the claim block to determine the extent of the Stardust fault. Previous reports state that the two shafts on the property were sunk along a high angled structure which trends E-NE across the area of outcrop. This structure is thought to be the ‘feeder’ for the Gold Silver mineralization in the project area and in the center of TMBXF’s initial drill targets. Several reports reference ‘free milling gold’ from drifts along this fault. Abundant dump material contains anomalous gold and silver values as well as visible copper oxides. Due to the extensive surface disturbance in this area, performing a ground magnetic survey has given the Company a better understanding of the subsurface character of the fault.
TMBXF will be focusing on a zone of intense fracturing that was determined to exist across an area of approximately 700 meters in length and 250 meters in width as a high priority drill target. This zone of fracturing is seen in a magnetic signature and is indicative of destruction of magnetic minerals from the possible introduction of hydrothermal fluids. An additional area of interest occurs approximately 350‐400 meters to the NE of the main target, at the intersection of two larger, more visibly apparent structures.
Alan Brown, President of TMBXF, stated, “The information from the Geophysical Survey has identified multiple precious metal targets that our geological team will now focus on along with the geological mapping of historical and current results. We will be starting the next phase of our exploration programming which includes a trenching program so we can sample the undisturbed outcrop of the high priority drill targets.”
Tombstone Exploration Corporation 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 the Company’s 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.