SOURCE: Tombstone Exploration

Tombstone Exploration

February 23, 2011 08:45 ET

Tombstone Exploration Corporation Stakes Additional Claims

PHOENIX, AZ--(Marketwire - February 23, 2011) - Tombstone Exploration Corp. (OTCBB: TMBXF) announced today the Company is staking additional ground at its extensive holdings in Tombstone, Arizona. Results of the ZTEM survey indicate a number of targets, one of which was only partially on TMBXF's current holdings. The area outside of the Company's holdings required the Bureau of Land Management (BLM) to approve the staking of additional claims. The BLM has approved this plan and the staking is expected to be completed in the next few weeks.

The additional claims being staked are northeast of the State of Maine property and immediately adjacent to the Company's current holdings. TMBXF believes the geology shows an extension of the Silver Gold Veins that were extensively mined in the 1920s close to surface on their State of Maine claims and the ZTEM has outlined the Signature of a deep Copper System.

Alan Brown, President of TMBXF, stated, "This area is one of our primary targets developed by the ZTEM survey, and has a signature of a porphyry copper or a Resolution style copper deposit. The ZTEM survey data is currently being reviewed by a geophysical consultant to give a better target definition and to provide a recommendation for the next step in the exploration of these targets."

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 1,000 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