Archive for the ‘Tombstone Exploration Corp. TMBXF’ Category

Tombstone Exploration Corp. (TMBXF.OB) Strategically Positioned in Mining Industry

Tuesday, July 27th, 2010

Tombstone Exploration Corporation Inc, an Arizona based metals and minerals exploration and mining company, knows the metals mining and production industry, leveraging their size to grow and profit from it.

The precious and base metals industry is huge, generating over one hundred billion dollars annually in metal production. It is made up of two kinds of players, the major producers (such as Barrick, Newmont, and Phelps Dodge) and various junior exploration and mining companies such as Tombstone. Large players can easily expand their operations through joint ventures and consolidations, as well as through the acquisition of well-positioned junior players. The small exploration and mining companies focus on locating new finds, proving up a portion of reserves through geological studies, analysis and drilling, and then initiating small scale operations. When results are positive, the large producers will typically come in to initiate large scale operations.

Between the large producers and the final consumer are the refiners/distributors, such as Englehart and Johnson Maffey. The majority of precious metals produced are utilized by the industrial and electronics industry, the automotive industry, the jewelry industry, and the investment community.

Demand currently exceeds supply, and all product produced, especially precious metals, is readily absorbed by the market, with profitability determined by the cost of production. The highest potential return to investors invariably comes from junior companies, with share price remaining low until a successful project is proven.

As metal prices have risen, new areas for exploration have opened up, and there has also been a resurgence of interest in exploring the mainland U.S., where it is politically stable and sites are fairly easy to access throughout the year. But most junior companies only target one or two categories of metals, limiting their chances for a successful buyout. Today, the keys to success for junior level companies are:

Property holdings and potential
Location
Metal diversity
Cost of development/operation

Tombstone has worked hard to position itself accordingly by focusing on the most promising locations within the mainland U.S., minimizing development costs, and also by targeting diverse metals.

For more information, see the company’s website at www.tombstonemining.com.

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Tombstone Exploration Corp. (TMBXF.OB) Announces Completion of Hi-Tech GeoPhysical Program

Wednesday, July 21st, 2010

Today, Tombstone Exploration Corp. announced that it has completed the Helicopter-borne time domain electromagnetic GeoPhysical ZTEM program. Selected for its ability to achieve unparalleled resolution and depth of investigation, ZTEM is well suited to image buried porphyry deposits and is capable of gathering data over 6,000 feet (1.25 miles) below ground surface.

The airborne ZTEM survey covered over 200 line miles and most of the Tombstone Mining District. The company expects receipt of the data within the next few weeks. The data will be interpreted to provide targets for a giant, high-grade porphyry copper – gold deposit that can be mined by open pit or block caving mining methods. Tombstone is situated 25 miles north of the historic Bisbee porphyry copper mine. There are numerous ongoing exploration programs in the region for porphyry copper deposits.

The project is also located 150 miles southeast of the Resolution deposit, which is currently being explored by Rio Tinto, and is reported to contain an Inferred Resource of 1.34 billion tonnes containing 1.51% copper and 0.04% molybdenum. The Tombstone project has two major intrusions (granodiorite and porphyry) underlain by sediments that could host a Resolution style deposit.

Alan Brown, CEO of Tombstone, stated, “We are pleased to have completed the GeoPhysical ZTEM program. Once the data has been completely analyzed, we will be able to set our targets for further development of our Tombstone acreage.”

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Tombstone Exploration Corp. (TMBXF.OB) Adds Important Nevada Holding To Its Portfolio

Tuesday, July 13th, 2010

Tombstone Exploration Corporation Inc., a metals and minerals exploration and mining company controlling one of the biggest mining properties in southern Arizona, recently announced that it had closed a lease agreement for the Eagleville property in Mineral County, Nevada. The property, on the western edge of Nevada, represents a bit of a shift for the company, which has focused on the Tombstone Mining District in southern Arizona. However, it is a mesothermal gold-silver vein system, representing a mid-stage gold-rich prospect, which, together with the company’s other holdings, enhances the opportunity to take advantage of price increases in both gold and silver.

The Eagleville property is located in the prolific Walker Lane Structural belt that hosts bonanza grade mineralization, such as that seen at Goldfield, Round Mountain, and Paradise Peak gold districts of Nevada. It is approximately 5 miles east of the Kennecott Rawhide gold-silver mine where over 1 million ounces of gold and 9 million ounces of silver have been recovered.

The Eagleville property has historically produced multi-ounce gold ore and chemical grade barite ore. Unofficial records indicate that the average grade of gold ore was approximately 1-2 ounces of gold per ton. Type examples of this style of vein system indicate mineralization extends to depth, and the veins found on the property may be just the upper level of a larger mineralized system.

It is situated in a favorable geological environment where previous mining has taken place. With the extensive surface alteration, historic underground mining, and the property having never been drilled, the project exhibits potential to host significant gold and silver mineralization. Additional work is planned to explore the extension of the Eagleville mineralized systems under the adjacent overburden.

Tombstone CEO, Alan M. Brown, said, “The exploration and development already completed on the Eagleville property are incredible. We are currently forming a team of professionals to execute our exploration activities as we plan our best strategy for development.”

For more information, see the company’s website at www.tombstonemining.com.

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Tombstone Exploration Corp. (TMBXF.OB) Gearing Up for Initial Production – Expects Interest From Major Mining Companies

Thursday, July 8th, 2010

Tombstone Exploration, an Arizona based exploration and mining company with the goal of producing metals and minerals at or below standard industry costs, controls one of the biggest mining properties in southern Arizona. It has mineral rights to roughly 11,500 acres of historical mining land near the historic town of Tombstone, Arizona, and is now the largest holder of land in the Tombstone Mining District.

The company is rapidly positioning itself to capitalize on the increasing demand (and prices) for copper, zinc, iron, precious metals and other base metals. Initial geological studies have been completed, and indicate a high probability of significant financial returns, consistent with historical recoveries from the district.

Initial operations will primarily focus on generating revenue from the production of silver, gold, and barium, as well as additional base minerals such as copper, lead, and zinc. Arizona is well known for copper production, and the potential for the recovery of copper and other minerals is expected to draw considerable interest from major copper producing companies, as well as precious metal mining concerns.

The company is set to initiate mineral extraction as soon as funding and permitting is secured. With the variety of metals projected for extraction from the area, Tombstone Exploration expects major attention and support from the local, state, and federal government. The historical nature of mining activities in the area, together with anticipated governmental support, will enable easier startup.

The company has initiated discussions with precious metal processing and consulting companies to assist in the design of the overall operation of the Tombstone property, and relationships have been established with refineries, assay companies, and engineering firms supporting worldwide mineral processing operations.

For more information, see the company’s website at www.tombstonemining.com.

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Tombstone Exploration Corp. (TMBXF.OB) Commences Hi-Tech GeoPhysical Program

Wednesday, June 30th, 2010

Tombstone Exploration Corp. announced this morning that it has contracted Geotech Ltd. of Ontario, Canada to fly an airborne Z-Axis Tipper Electromagnetic (ZTEM) on its Tombstone, Arizona property. ZTEM is known for its ability to achieve unparalleled resolution and depth of investigation, capable of gathering data over 6,000 feet (2 kilometers) below ground surface. Geotech arrived at the Tombstone property earlier this week.

The airborne survey will be over 200 line miles, covering most of the Tombstone district. The data will be interpreted to provide targets for a giant, high-grade porphyry copper – gold deposit that can be mined by open pit or block caving mining methods. Tombstone is situated 25 miles north of the historic Bisbee porphyry copper mine. There are a significant number of exploration programs ongoing in the region for porphyry copper deposits.

The project is situated 150 miles southeast of the Resolution deposit, which is currently being explored by Rio Tinto. The deposit is reported to contain an Inferred Resource of 1.34 billion tonnes containing 1.51% copper and 0.04% molybdenum. The Tombstone project has two major intrusions (granodiorite and porphyry) underlain by sediments that could host a Resolution style deposit.

Alan Brown, CEO of Tombstone, commented, “The ZTEM is the most advanced technology available for discovering ore bodies at depth. To understand this technology further, please view www.geotech.ca. This technology is used by many of the major mining companies in their exploration programs.”

Geotech Ltd. provides full service contract airborne geophysical surveys, data processing and data interpretation. The company currently offers VTEM (helicopter-borne time-domain electromagnetic), ZTEM and AirMt (measure natural alternating magnetic fields in the audio-frequency range), magnetic, magnetic gradient and gamma-ray spectrometer surveys.

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Tombstone Exploration Corp. (TMBXF.OB) Starts Review of Eagleville’s Large Data File; To Form Exploration Team and Plan Exploration Strategy

Thursday, June 24th, 2010

Monday of this week, Tombstone Exploration Corp. announced that, through its wholly-owned subsidiary, American Eagle Minerals Inc., the Company closed a lease agreement on the Eagleville property in Mineral County, Nevada. Eagleville is located along the northeast boundary of the Walker Lane structural zone in the Regent-Rawhide Mining District, Mineral County, Nevada. Terms of the agreement include a lease to purchase provision, after the term of the 10-year lease has passed.

Through the acquisition of a mid-stage gold exploration project, Tombstone Exploration has the opportunity to immediately utilize a comprehensive database to develop exploration strategies and efficiently apply them. Historically the Eagleville property has produced multi-ounce gold ore and chemical grade barite ore from over two miles of underground workings.

Silver’s value has consistently risen with that of gold; now with both precious metals in its inventory, Tombstone Exploration will focus on taking advantage of their increase in value. Although no official production records exist from the early mining activities at Eagleville, records indicate the average grade of ore was approximately 1 to 2 ounces gold per ton.

The gold bearing quartz vein deposits at Eagleville were historically developed along 8,000 feet of underground workings. The vein systems found on the property may represent the upper level of the mineralized system. Gold mineralization found in the historic workings may continue beneath the sulphide horizon, the limit of the historic workings.

According to the press release, additional work is being planned to explore the extension of the Eagleville mineralized systems under the adjacent overburden. Also, the existing data will be reanalyzed and additional field work completed to gain further insight into the geological environment at the Eagleville Mine.

Alan M. Brown, CEO of Tombstone, stated, “The exploration and development already completed on the Eagleville property are incredible. We are currently forming a team of professionals to execute our exploration activities as we plan our best strategy for development.”

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Tombstone Exploration Corp. (TMBXF.OB) Announces Acquisition of Lease for Mineral-Rich Property Containing Gold and Silver

Monday, June 21st, 2010

Tombstone Exploration Corp. announced today after the closing bell that it has closed a leasing agreement on the Eagleville property in Mineral County, Nevada. The property is located along the northeast boundary of the Walker Lane structural zone in the Regent-Rawhide Mining District, Mineral County, Nevada. According to the company, terms of the 10 year lease include a lease to purchase provision.

Mineral County is known for its considerable and unique variety of mineral wealth which remains undeveloped. The region contains major epithermal gold and silver deposits such as Round Mountain and the historical Comstock Lode. It is possible that no comparable area on the American Continent has so many varied mineral deposits, including, but not limited to, gold, silver, copper, tungsten, iron, coal, borax, lead and gemstone rocks.

Eagleville is located eight kilometers east of Kennecott’s Rawhide gold-silver mine, where over 1.1 million ounces of gold and 9 million ounces of silver had been recovered by the end of 2000. Previous mining activities have taken place on the location with success. Tombstone Exploration believes “the extensive surface alteration and previous development provide evidence that Eagleville has the potential for both open-pit and underground gold production.”

Rock samples from the prospect have been measured as high as 1.394 opt. As the price of gold continues to escalate, the value of the Eagleville prospect is predicted to rise at a comparable rate. Rising mineral values with expenditures that remain constant will benefit the company enormously.

Alan M. Brown, CEO of Tombstone, stated, “We are excited to have the opportunity to explore the Eagleville Prospect. We believe that the site has tremendous potential with a minimum amount of expenditures, furthering the Company’s mission to produce metals and minerals at or below standard industry costs. Tombstone Exploration will continue to share news and information to our investors as developments occur with the property.”

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Tombstone Exploration Corp. (TMBXF.OB) Announces QualityStocks Coverage

Thursday, June 17th, 2010

Tombstone Exploration Corp. announced they will be featured in upcoming Daily Newsletters, Daily Blogs, and Message Boards. QualityStocks has over 750,000 subscribers to The Daily Stock Newsletter, which is a free service that collects data from hundreds of Small-Cap and Micro-Cap online Investment Newsletters and puts it all into one Free Daily Newsletter Report.

Tombstone Exploration is focused on focused on capitalizing on today’s increasing demand and prices for both precious and base metals. Tombstone Exploration has acquired the mineral rights to approximately 11,500 acres of historical mining land (with additional land pending) and is the largest holder of land in the Tombstone Mining District. Through strategic expansion, the company plans to acquire additional properties, as well as integrate the extraction of precious metals and other minerals.

Tombstone Exploration is poised for rapid production and financial success. Relationships and agreements are in place, properties are in hand and additional properties are under review and being acquired. Initial geological studies have also been completed and indicate that significant financial returns are highly probable. Additionally, initial projections are consistent with geological reports and historical recoveries for the Tombstone District.

Mr. Alan Brown, CEO of Tombstone Exploration, stated, “TMBXF has a unique and solid business foundation, and appreciates the opportunity to sponsor the Quality Stocks Newsletter, Video and Blogs. QualityStocks is providing a much needed service in the micro-cap and small-cap markets.”

Michael McCarthy, Managing Director for QualityStocks, commented, “We are very pleased to have TMBXF as a featured company. The Company is methodically establishing itself as a category leader.”

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Tombstone Exploration Corp. (TMBXF.OB) is “One to Watch”

Tuesday, June 15th, 2010

Tombstone Exploration Corp., established to capitalize on today’s increasing demand and prices for both precious and base metals, has acquired the mineral rights to approximately 11,500 acres of historical mining land (with additional land pending) and is the largest holder of land in the Tombstone Mining District. Through strategic expansion, the company plans to acquire additional properties, as well as integrate the extraction of precious metals and other minerals.

Tombstone Exploration’s management team has positioned the company for rapid production and financial success. Relationships and agreements are in place, properties are in hand and additional properties are under review and being acquired. Initial geological studies have also been completed and indicate that significant financial returns are highly probable. Additionally, initial projections are consistent with geological reports and historical recoveries for the Tombstone District.

The historical nature of mining activities in the Tombstone area and the acceptance of governmental agencies will enable easier startup than in non-mining oriented locations. The primary focus of Tombstone Exploration’s operations will be to generate revenue from the production of silver, gold and copper as well as additional base minerals such as manganese, lead and zinc. Successful results from these efforts will provide a strong source of income to further expand operations.

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