Tombstone Exploration Corporation Announces Five Tons of Carbon Carrying Gold and Silver Have Been Shipped for Processing and Refining – 2nd Delivery 2022
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.
- Shipment of five tons of carbon containing gold and silver for processing.
- First processed shipment yielded 70.42 oz of gold and 63.77 oz of silver.
- Continuous leaching operations indicate ongoing production capacity.
- Bi-monthly deliveries expected for further refining.
- Bonanza Mine's location suggests significant mineral production potential.
- None.
PHOENIX, April 07, 2022 (GLOBE NEWSWIRE) -- Tombstone Exploration Corporation (OTCQB: TMBXF), a fully reporting U.S. based mining company, announced today it has shipped approximately five tons of carbon that carried the Gold and Silver to Metals Research in Kimberly, Idaho for final processing of the minerals. The process is expected to take 7-10 days, then the ore will be sent to Metalor for refining.
The leach has been running 24/7 and continues as crushed rock and leach material are loaded onto the pad. This is the second shipment of processed ore for 2022 and it is expected to have bi-monthly deliveries for refining ore.
The results of the processed material from March 17, 2022 produced 341.98 oz of ore which delivered 70.42 oz of Au and 63.77 oz of Ag.
The Bonanza Mine property includes the Harquahala and Golden Eagle mines, located approximately eight miles south of Salome, Arizona. The project totals 2,656 acres and has significant potential for gold and silver production in multiple phases moving forward. The Bonanza Mine is located where the Prolific Walker Lane and the Sonoran Geosyncline overlap with likely extensions of Carlin Trend and Mesquite-style mineralization generating Arizona’s biggest richest deposits.
About Tombstone Exploration Corporation
Tombstone Exploration Corporation is a gold, silver and copper exploration & mining company based in Phoenix, Arizona. The Company’s goal is to maximize shareholder value through focused exploration, testing and development of high-quality mineral targets in the prolific mineral producing areas in the Southwest United States. This goal will be achieved through the application of the best mineral exploration practices and techniques available, including the adherence to the highest possible standards of corporate responsibility, governance and conduct.
FORWARD-LOOKING STATEMENTS
This release contains statements that constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements appear in a number of places in this release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of Tombstone Exploration Corporation, its directors or its officers with respect to, among other things: (i) financing plans; (ii) trends affecting its financial condition or results of operations; (iii) growth strategy and operating strategy. The words “may,” “would,” “will,” “expect,” “estimate,” “can,” “believe,” “potential” and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward- looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are Tombstone Exploration Corporation’s ability to control, and actual results may differ materially from those projected in the forward-looking statements as a result of various factors. More information about the potential factors that could affect the business and financial results is and will be included in Tombstone Exploration Corporation’s filings with the Securities and Exchange Commission.
CONTACT:
Tombstone Exploration Corporation
Alan M. Brown, President & CEO
Phone: 480-588-8920
abrown@tombstonemining.com www.tombstonemining.com
Twitter: @Tombstonecorp
FAQ
What recent shipment did Tombstone Exploration Corporation make?
How much gold and silver was produced from Tombstone's recent processing?
What is the significance of the Bonanza Mine for Tombstone Exploration?
How often will Tombstone Exploration deliver ore for refining?
What is the area covered by the Bonanza Mine?
