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Tombstone Exploration Corporation (OTCQB: TMBXF) announced estimated forecast cash flow from Phase Two Production at the Bonanza Harquahala Mine. The company expects to process 50,000 tons per month with a recovery of 50% of gold, resulting in an estimated recovery of 10,500 oz Au within a year. The operation could generate around $1.2-1.4 million monthly in pretax cash flow at a gold price of $1,700/oz, leading to an overall cash margin of $12-18 million if projections hold true. This follows successful metallurgical testing confirming a fast leach rate.
Tombstone Exploration Corporation (OTCQB: TMBXF) announced the successful processing of ore from the Bonanza Harquahala Mine, yielding 210.21 oz dore, which includes 52.51 oz of gold (Au) and 47.89 oz of silver (Ag). This marks the fifth delivery of precious metals in 2022. The leach process operates continuously, with a sixth shipment expected by August 17, 2022. The Bonanza Mine, located in Arizona, spans 2,656 acres and has significant potential for future gold and silver production, leveraging geological advantages in the region.
Tombstone Exploration Corporation (OTCQB: TMBXF) announced the successful processing of ore from the Bonanza Harquahala Mine, yielding 288.67 oz of dore, which includes 59.96 oz of gold and 56.94 oz of silver. This marks the fourth delivery of precious metals in 2022, with a fifth shipment scheduled for July 12, 2022. The Bonanza Mine, encompassing 2,656 acres in Arizona, is positioned strategically within prolific mineral deposits, promising significant future production of gold and silver.
On May 24, 2022, Tombstone Exploration Corporation (TMBXF) announced the successful processing of ore from the Bonanza Harquahala Mine. The latest shipment resulted in 303.85 ounces of dore, yielding 65.96 ounces of gold and 58.51 ounces of silver. The mine operates continuously, with a fourth shipment scheduled for June 3, 2022. The Bonanza Mine spans 2,656 acres and is positioned in a region known for rich mineral deposits, enhancing its potential for future gold and silver production.
Tombstone Exploration Corporation (OTCQB: TMBXF) announced the successful processing of ore from the Bonanza Harquahala Mine, yielding 456.80 oz of dore from its second shipment in 2022. This resulted in 83.34 oz of gold (Au) and 78.66 oz of silver (Ag). The mine, located in Arizona, is expected to ship a third batch for processing on May 3, 2022. The Bonanza Mine has significant potential for future gold and silver production, covering 2,656 acres in a mineral-rich region.
Tombstone Exploration Corporation (OTCQB: TMBXF) announced the shipment of five tons of carbon containing gold and silver to Metals Research in Idaho for processing. The ore is expected to yield 70.42 oz of gold and 63.77 oz of silver from the first shipment of processed material on March 17, 2022. With continuous leaching operations and bi-monthly deliveries planned for refining, the Bonanza Mine, covering 2,656 acres in Arizona, holds potential for future mineral production due to its favorable geological setting.
Tombstone Exploration Corporation (OTCQB: TMBXF) has shipped approximately five tons of carbon containing gold and silver to Metals Research in Idaho for final processing. This marks the company's first delivery of processed ore for 2022, with bi-monthly shipments planned. The Bonanza Mine project, covering 2,656 acres near Salome, Arizona, is poised for significant gold and silver production. This area is geologically rich, likely leading to Arizona's largest deposits.
Tombstone Exploration Corporation (OTCQB: TMBXF) announced that its Bonanza Harquahala Mine is now operational 24/7 in collaboration with Goldrock Resources and Bonanza Mining Company. The processing facility has commenced gold and silver extraction, with plans to crush 25,000 tons of rock monthly, increasing to 50,000 tons shortly. The company has secured water supply for operational needs and is focused on maximizing gold and silver production in the region, which has significant potential for mining.
Tombstone Exploration Corporation (OTCQB: TMBXF) announced that the Bonanza Harquahala Mine's processing facility will operate 24/7 starting January 2022. Since July 2021, the company has achieved six successful gold and silver pours and plans to increase rock processing to 50,000 tons monthly. Upgrades include larger piping for improved mineral flow and increased safety measures around the site. The Bonanza Mine's substantial acreage offers significant gold and silver production potential, aligning with TMBXF's goal of maximizing shareholder value.
Tombstone Exploration Corporation (OTCQB: TMBXF) has completed five successful gold and silver production pours in partnership with Goldrock Resources Inc. and the Bonanza Mining Company. The company has appointed Kiedock Kim as the Bonanza Mine Process Manager, bringing over 30 years of experience in mining operations. TMBXF anticipates significantly increased production and higher grade materials as it ramps up operations. A new crushing contract will be finalized to mobilize equipment for ongoing monthly production, targeting the Bonanza Mine's substantial gold and silver potential.
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