Tombstone Exploration Files Exploration Permits on the Zebra Property
November 14 2013 - 9:00AM
Marketwired
Tombstone Exploration Files Exploration Permits on the Zebra
Property
PHOENIX, AZ--(Marketwired - Nov 14, 2013) - Tombstone
Exploration Corporation (OTCQB: TMBXF) (BERLIN: UDNA) announced
today that the company has filed the State Permits totaling 2,000
acres associated with the Zebra Prospect located at the eastern
edge of the Tombstone Mining District.
The Zebra Prospect is an epithermal disseminated gold property
located in Cochise County, Arizona, approximately three miles
southeast of the town of Tombstone, in T20S, R23E, Sections 27, 28,
33 and 34. The property totals 2,000 acres and consists entirely of
State land for which Arizona State Prospecting Permits have been
filed. It is believed that the prospect lies within the
metallogenic zonation halo of the Tombstone District. The shallow
ores of the central district were known to be high in silver and
lower in gold. Conversely, and in accordance with zonational
patterns, the Zebra Property has high gold, and relatively moderate
silver values.
During a detailed mapping program during the 1980s, thirty-three
samples were collected of jasperoid, jasperoid breccia, silica vein
material, hematitically altered silty limestone, dolomite and
silicified rhyolite porphyry. Seven of these samples assayed >
.20 ounces per ton gold and another three assayed > .10 ounces
per ton gold. The highest assay was 1.0268 ounces per ton gold
collected from an outcrop of black to red jasperoid breccia. These
historical assays strongly support previous assay data from the
property and suggest the occurrence of a large bulk tonnage
disseminated gold deposit on the property. Geophysical surveys
conducted on the property in the 1980s also suggest the possibility
of a gold skarn deposit at depth.
Alan Brown, President of TMBXF, stated, "Upon final approval by
the Arizona State Land Department, we have an active exploration
program ready to implement on one of the most prolific Gold mining
properties in the historic Tombstone Mining District."
The Tombstone Exploration Project is an exploration and
development project within the historic Tombstone Mining District,
Cochise County, southeastern Arizona. Detailed studies of the
minerals of the Tombstone Mining District have shown a large number
and wide assortment of mineralization including silver, gold,
copper, lead, and zinc minerals, which have been described along
with manganese, tellurium, molybdenum, and vanadium. Although
Tombstone is famous for bonanza silver deposits and is essentially
a precious-metal district, the porphyry copper model of Lowell and
Guilbert (1970) suggests the presence of a buried porphyry copper
deposit at depth.
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: 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 President 972-571-1624 214-469-2361 (fax) Email
Contact
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