SOURCE: Tombstone Exploration

Tombstone Exploration

September 30, 2009 09:00 ET

Tombstone Exploration Corporation Secures Ten New Claims in the Prolific Tombstone Mining Silver District

PHOENIX, AZ--(Marketwire - September 30, 2009) - Tombstone Exploration Corporation (OTCBB: TMBXF) announced today that it has completed the acquisition of ten new mining claims in the Tombstone Mining District located in the State of Arizona. This property is north of the State of Maine structure. The Company plans to complete detailed mapping of lithology and stratigraphy which will allow Tombstone's geologists to develop drill targets that test the intersection of these horizons with mineralized structures at depth. Management of Tombstone believes that these ten new claims will significantly add to the Company's significant silver portfolio in the Tombstone area.

Alan Brown, President and CEO of Tombstone Exploration, said, "We continue to look for opportunities to expand our Tombstone acreage. These ten new claims add more prospects for the Company to take advantage of the rising prices for gold, silver and copper. The Tombstone Mining region's silver prospects date back over 100 years.

Tombstone Exploration Corporation (OTCBB: 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.

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 Information

  • CONTACT:
    Tombstone Exploration Corporation
    Alan M. Brown
    President
    Email Contact
    480-305-4507

    Investor Relations:
    The Eversull Group, Inc.
    Jack Eversull
    972-378-7917
    972-378-7981 (fax)
    Email Contact