Tombstone Exploration Corporation (TMBXF) is focused primarily on exploration and development of mineral resources. Tombstone Exploration Corporation has the mineral rights to approximately 14,000 acres of 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 1000 acres in Mineral County Nevada known as the Eagleville property. This property is a gold rich prospect located in the prolific Walker Lane Structural belt that hosts bonanza grade mineralization such as seen at Goldfield, Round Mountain and Paradise Peak gold districts of Nevada.
Tombstone Exploration Corp. (TMBXF), established to capitalize on today's increasing demand and prices for both precious and base metals, has acquired the mineral rights to approximately 11,500 acres of historical mining land (with additional land pending) and is the largest holder of land in the Tombstone Mining District. Through strategic expansion, the company plans to acquire additional properties, as well as integrate the extraction of precious metals and other minerals.
Tombstone Exploration's management team has positioned the company for rapid production and financial success. Relationships and agreements are in place, properties are in hand and additional properties are under review and being acquired. Initial geological studies have also been completed and indicate that significant financial returns are highly probable. Additionally, initial projections are consistent with geological reports and historical recoveries for the Tombstone District.
The historical nature of mining activities in the Tombstone area and the acceptance of governmental agencies will enable easier startup than in non-mining oriented locations. The primary focus of Tombstone Exploration's operations will be to generate revenue from the production of silver, gold and copper as well as additional base minerals such as manganese, lead and zinc. Successful results from these efforts will provide a strong source of income to further expand operations.
President/Chief Financial Officer/Director
Mr. Brown has invested many years in the development and success of Tombstone. He serves as both its President and Chief Executive Officer. Mr. Brown is to be accredited with steering the company to being the largest mineral rights land holders in the Tombstone Mining District and is now focused on developing the huge resource potential. His extensive background in financial accounting is credited for the success of Tombstone and a number of other successful companies. He is very experienced in corporate mergers & acquisitions, real estate acquisitions and real estate development. Prior to Tombstone, Mr. Brown was the controller of a real estate development company involving multi million dollar projects. Mr. Brown spent many years with a chartered accounting firm on Vancouver Island preparing year end reports and tax planning for a range of companies.
V.P. Project Manager
A member of the 5th generation of a mining family in Tombstone, Arizona, Mr. Davis has been exposed to the various aspects of mining all of his life. He has over ten years experience in underground mining and worked as the cyanide recovery plant supervisor for PBR Minerals for another three years. He has also built, or assisted in building, various small mills and plants. He has worked for State of Maine Mining Company assisting in the manufacturing of Merrill Crowe Cyanide precipitation plants. Holding a Associate's Degree as an Environmental Facilities Technician, he has studied electrical controls, HVAC, and mechanical engineering. In addition, Mr. Davis has another 15 years of experience working with heavy equipment and has held numerous supervisory positions in the construction industry.
Steve Radvak, P.E.
Vice President of Exploration, Director
Mr. Radvak has extensive experience in managing mineral exploration projects in the United States, Canada, Africa and Europe. He has a B.A. Sc in Mining and Mineral Processing Engineering from the University of British Columbia.
The Tombstone District sits astride a regional NE trending structure. This structure is visible on topographic maps, as well as satellite images of the American Southwest. It is a northeast trending rift structure or shear, traceable from southwest of the Huachuca Mountains of Arizona northeast to Silver City, New Mexico.
The majority of veins and mineralized structures within the Tombstone District and neighboring districts exhibit the same northeast alignment as the above noted structure. In neighboring districts along the NE rift, silver and gold mineralization occur in igneous and sedimentary rocks. This suggesting ore mineralization is pervasive and of considerable extent along this northeast trending regional rift.
This structural trend of mineralization presents an exploration potential of tremendous magnitude, with precious metals and base metals distributed along and adjacent to the structure.
Geologic evaluation of ore-bearing structures within the Tombstone basin suggest that mineralization similar to that historically mined could support an open pit heap leach operation, such as that conducted by Tombstone Exploration, Inc., circa 1980 to 1985.
Mesothermal replacement deposits primarily of silver, gold, zinc and lead are in the upper Paleozoic section, and copper in the lower Paleozoic section below Tombstone, are thought to continue at depth.
Copper replacement deposits in The Abrigo and Martin Formations, as seen at Bisbee, may be similar to those suspected beneath the West Tombstone/Charleston areas.
Multiple porphyry copper centers are known to occur elsewhere associated with Laramide-age granodiorite and quartz monzonite plutons. One such center, confirmed by deep drilling by ASARCO in 1973-74, occurs near the Robbers Roost, on Company property, where intense argillic alteration and mineralized breccia pipe emplacement are exposed by erosion.
Surface examination of the West Tombstone area reveals there are numerous veins and structures that have not been mined or explored. The close proximity of many of these structures and veins may allow for slot or open pit mining methods, if sufficiently high silver-gold values are carried between.
The high degree of vein wall rock alteration indicates the silver and gold mineralization should extend away from the veins into the wall rocks. Most of the veins observed appear to be fissure fillings within fractured intrusive dikes and sills. Aplite and Andesite porphyry dike rocks appear in fissure veins of the West Tombstone-Solstice area.
Skarn mineralization appears to underlie a portion of the project area. Observed locally, the Skarn mineralization appears to be contained beneath a series of low angle or thrust faults, as seen on the face of the Ground Hog Hill and constituting the Limestone-volcanic contact at the western end of the Carbonate patented lode claim.
The most prominent structures are veins occupying N-NE trending fault zones and shears. Ore appears to have been mined where highly manganiferous vein material is present in the NE structures.
In the west portions of the property, the limestone is altered into rocks typically identified with Carlin-Type Gold deposits. The limestone is intensely silicified and is locally jasperoidal.
This intense alteration was observed to occur in the footwall of a low angle, reverse fault. This is a typical location for the deposition of Carlin-type mineralization, as ore bearing fluids tend to pond or be trapped beneath impermeable rocks or clays associated with these faults.
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2012 News Releases