Tombstone Exploration Corporation Announces Results of Carbon Shipment Carrying Gold and Silver That Have Been Processed and Refined – Fifth Delivery 2022

Rhea-AI Summary

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.

Positive

• Produced 210.21 oz dore, including 52.51 oz Au and 47.89 oz Ag.
• Ongoing leach process with continuous operations.
• Significant potential for future production due to strategic geological location.

Negative

• None.

PHOENIX, Aug. 11, 2022 (GLOBE NEWSWIRE) -- Tombstone Exploration Corporation (OTCQB: TMBXF), a fully reporting U.S. based mining company, announced today the results of the processed and refined ore from Metalor USA that was shipped from the Bonanza Harquahala Mine on July 15th 2022. This is the fifth delivery of precious metals in 2022.

The results of the processed material produced 210.21 oz dore which delivered 52.51 oz Au and 47.89 oz Ag.

The leach process continues 24/7. The sixth shipment for processing the carbon and refining the gold and silver ore for 2022 is expected to be shipped August 17^th 2022.

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 are the latest ore processing results for TMBXF?

Tombstone Exploration processed 210.21 oz dore, yielding 52.51 oz of gold and 47.89 oz of silver from the Bonanza Harquahala Mine.

When is the next shipment of ore expected from TMBXF?

The next shipment for processing is expected on August 17, 2022.

What is the significance of the Bonanza Mine for TMBXF?

The Bonanza Mine offers substantial potential for gold and silver production, covering 2,656 acres in a geologically rich area.