TOMBSTONE EXPLORATION STAKES 10 NEW CLAIMS ADJACENT TO PREVIOUSLY ASSAYED PROPERTY
July 14, 2009
Tombstone Exploration Corporation (TMBX) announced that its staff has staked ten additional BLM Lode claims comprised of approximately 161 acres that contain two known and partially mapped contacts between Paleozoic limestones and overlying Mesozoic shales of the Bisbee Formation, a geologic horizon that has not previously been explored in the Western Tombstone district. This property is north of the State of Maine mine and may contain extensions of mineralization of the State of Maine structure. Detailed mapping of lithology and stratigraphy will allow Tombstone’s geologists to develop drill targets that test the intersection of these horizons with mineralized structures at depth.
Alan Brown, President and CEO of TMBX, stated, “This property is adjacent to property that we have previously assayed with gold-rich silicified zones of mineralization adjacent to historically mined silver-lead orebodies. We continue to look for opportunities to expand our Tombstone acreage.”
Tombstone Exploration Corporation (TMBXF) is focused primarily on exploration and development of mineral resources. At the completion of the feasibility study, the Company will then consider joint venture mining or some other scenario that would eventually expedite a mining operation on the Tombstone property. More often in these scenarios, the Company would become subject to take over offers based on a positive economic feasibility study. The Company understands that the discovery to feasibility phase generally offers the best return on investment to shareholders. Tombstone Exploration Corporation has the mineral rights to approximately 11,500 acres of historical mining land in the areas around Tombstone, Arizona and is now the largest landholder in the Tombstone Mining District. Through expansion, the Company will acquire new properties.
For more information on Tombstone Exploration Corporation, please visit www.tombstonemining.com.
FORWARD-LOOKING STATEMENTS
Statements contained herein that are not historical facts may be forward-looking statements within the meaning of the Securities Act of 1933, as amended. Forward-looking statements include statements regarding the intent, belief or current expectations of the Company and its management. Such statements are estimates only, as the Company has not completed the preparation of its financial statements for those periods, nor has its auditor completed the audit of those results. Actual revenue may differ materially from those anticipated in this press release. Such statements reflect management's current views, are based on certain assumptions and involve risks and uncertainties. Actual results, events, or performance may differ materially from the above forward-looking statements due to a number of important factors, and will be dependent upon a variety of factors, including, but not limited to Tombstone Exploration Corporation's ability to obtain additional financing. Tombstone Exploration Corporation undertakes no obligation to publicly update these forward-looking statements to reflect events or circumstances that occur after the date hereof or to reflect any change in Tombstone Exploration Corporation's expectations with regard to these forward-looking statements or the occurrence of unanticipated events. Factors that may impact Tombstone Exploration Corporation's success are more fully disclosed in Tombstone Exploration Corporation most recent public filings with the U.S. Securities and Exchange Commission.
CONTACT:
Tombstone Exploration Corporation
Alan M. Brown
President
alanmbrown@cox.net
480-305-4507
Investor Relations:
The Eversull Group, Inc.
Jack Eversull
972-378-7917
972-378-7981 (fax)
jack@theeversullgroup.com
