Business News

Tombstone Exploration to Begin Aggressive Drill Program Beginning May 2008


Tombstone Exploration

2008-04-01 05:00:00

Tombstone Exploration to Begin Aggressive Drill Program Beginning May 2008

PHOENIX, AZ–( EMWNews – April 1, 2008) – Tombstone Exploration Corporation (OTCBB: TMBXF) announced today it has conducted geological mapping and sampling

that combined with historical data provided the basis for developing a new

core drilling program. A budget of $1.2 Million has been approved for the

5,200 m core drilling program. Drilling will test an area that is

approximately 900 m by 2,000 m. The program is scheduled to begin in May

2008. Permitting work for the program is currently in progress.

Alan M. Brown, President of Tombstone Exploration, said, “We have approved

the drill program due to the encouraging assay results and the success of

the previous drilling done. The $1.2 million we plan on investing into this

drill program will represent the first ever evaluation below the water

level. I along with our entire management team have the highest

expectations for the results from this drill program.”

The drill program will consist of twenty-three core holes drilled from 15

distinct drill sites that are designed to intercept extensions of the State

Maine Mine, Merrimac zone, Bonanza-Solstice mines, and the

Ace-in-the-Hole-Black Horse mine sub-parallel trends. These zones are

northeasterly trending. Core holes will be HQ size and will be drilled

using triple tube core technology to assure that the most complete core

recovery is achieved. Drill hole spacing will be about 100 m between drill

hole sites. The four mineralized zones will be tested over strike lengths

ranging from 200 m to 500 m.

Eight drill hole sites are planned to have two holes drilled at different

angles along the same direction to intercept their targets at different

depths. Seven sites will have one hole each. The length of the holes

range from 125 m to 320 m and vary in inclination from -45° to -90°. The

holes are designed to penetrate the target zones below the water level. All

available historical data indicates that no mining in the program area was

conducted below the water level.

SRK of Tucson, Arizona is expected to complete the NI 43-101 technical

report for review and filing by management during the next few days. SRK is

an independent, international consulting group, employing leading

specialists in environmental science and mineral engineering. Its seamless

integration of services, and global base, has made the company a

significant international practice in due diligence, feasibility studies

and confidential internal reviews. SRK’s global experience and reputation

for excellence is widely recognized among the major financial institutions

and are repeatedly called upon to advise on and evaluate projects for all

types of market transactions. Formed in 1974, SRK employs more than 600

professionals internationally in 31 permanent offices on 6 continents.

National Instrument 43-101 (NI 43-101) is a rule developed by the Canadian

Securities Administrators (CSA) and administered by the provincial

securities commissions that govern how issuers disclose scientific and

technical information about their mineral projects to the public. It covers

oral statements as well as written documents and websites. It requires that

all disclosure be based on advice by a “qualified person” and in some

circumstances that the person be independent of the issuer and the


The sample data and assay results have been reviewed and approved for

dissemination by Dennis Dalton, CPG who is a QP as defined by NI 43-101.

Tombstone Exploration Corporation (TMBXF) is structured and positioned to

capitalize on today’s increasing demand and prices for precious metals and

base metals such as copper, lead and zinc. Tombstone Exploration

Corporation has the mineral rights to approximately 13,500 acres of

historical mining land in the areas around Tombstone, Arizona and is now

the largest land holder in the Tombstone mining district, which is one of

the recent largest mining property acquisitions in Arizona. Through

expansion, the Company will acquire new properties, as well as integrate

the extraction of precious and base metals. The goal is to produce metals

and minerals below standard industry costs.

For more information on Tombstone Exploration Corporation, please visit our

web site at


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.


Tombstone Exploration Corporation
Alan M. Brown


Investor Relations:
The Eversull Group, Inc.
Jack Eversull
972-378-7981 (fax)

free cash grants, free grant money, free money, cash grants, scholarships, business grants, foundation grants, government grants, debt grants, consolidation, college tuition, financial aid, medical grants, personal grants, medical bills, unsecured loans, no interest loans, financing, loans, capital, non profit organizations

Major Newsire & Press Release Distribution with Basic Starting at only $19 and Complete OTCBB / Financial Distribution only $89

Get Unlimited Organic Website Traffic to your Website now offers Organic Lead Generation & Traffic Solutions

Blake Masterson

Freelance Writer, Journalist and Father of 5

Related Articles

Back to top button