SOURCE: Tombstone Exploration

January 11, 2011 09:00 ET

Tombstone Exploration Corporation Files 6K Regarding ZTEM Report

PHOENIX, AZ--(Marketwire - January 11, 2011) - Tombstone Exploration Corp. (OTCBB: TMBXF) announced today that the Company has filed a 6K with the Securities and Exchange Commission for the recently completed 2D ZTEM report conducted by GeoTech Ltd., in November, 2010.

TMBXF is continuing to work with the geophysical data on its Tombstone Project. The ZTEM data indicates there are at least four to five porphyry targets on the Company´s property and additional 3D view of ZTEM 2D Inversion Sections are in progress by GeoTech Ltd.; the world leader in airborne geophysical surveying techniques.

Of the targets that have been identified so far, two have precious metal (Gold and Silver) occurrences as "halos" around the properties, which are significant characteristics of porphyry systems. One identified structure has been compared by GeoTech Ltd. to the Mount Milligan deposit.

Three of the identified targets have coincident magnetic and resistivity high which are very promising geophysical signatures. One target is adjacent to a porphyry system that is currently being drilled by a major international mining company. Additional mining companies are now drilling in the area close to Tombstone Land Holdings.

Alan Brown, CEO of TMBXF, stated, "The filing of the 6K for the ZTEM report continues our efforts to be fully transparent by allowing interested parties to view the full report. The report is available by viewing the power point presentation on the Company's website: www.tombstonemining.com."

TMBXF is focused primarily on exploration and development of mineral resources. Tombstone Exploration Corporation has the mineral rights to historical mining land in the areas around Tombstone, Arizona and is the largest landholder in the Tombstone Mining District. Tombstone also has the mineral rights to 1000 acres in Mineral County Nevada known as the Eagleville property. For more information on the Company, 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's most recent public filings with the U.S. Securities and Exchange Commission.

Contact Information

  • CONTACT:

    Investor Inquiries:
    Redstone Communications, LLC
    317-337-1800

    Tombstone Exploration Corporation
    Alan M. Brown
    President
    480-305-4507
    480-452-0286 (fax)
    Email Contact
    www.tombstonemining.com

    Investor Relations:
    The Eversull Group, Inc.
    Jack Eversull
    972-571-1624
    214-469-2361 (fax)
    Email Contact