Phoenix, AZ–(Marketwired – Mar 15, 2016) – Tombstone Exploration Corporation (OTC PINK: TMBXF), a fully reporting company (BERLIN: UDNA), announced today that the Company has begun exploration on its land position in Yuma County, AZ in the Eagletail Mining District. A detailed exploration program has started with a sampling program on its 20 BLM Lode Claims, which encompasses 400 acres including and surrounding the area of the Stardust Mine that was initially staked in May 2015.
TMBXF is 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. Consulting roles include exploration and assessment of projects for a spectrum of international clients in Western USA, Australia, Canada, Balkans, and South America. He has developed strong, long term industry relationships providing all encompassing service portfolios for his valued clients.
The extensive exploration program, currently being executed, has started with sampling along the vein systems that have been identified by the Ground Based Geophysical survey completed by Zonge Engineering in December 2015. This has identified multiple precious metal systems on the property. The exploration permit is in process to file with the Bureau of Land Management which will allow TMBXF to complete trenching and drilling on the these claims.
Alan Brown, President of Tombstone Exploration Corporation, said, “We are excited to have started our exploration work on the Star claims and will continue to add key executives to our organization with long-term backgrounds in the resource industry and strong connections within the financial industry. I am confident that this will allow us to continue to implement our exploration initiatives and broaden our resource base in the commodity areas.”
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 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.