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Tombstone Exploration Renews BLM Claims, Moves Forward with Evaluation and Exploration Plans
TOMBSTONE, AZ, Sept. 6 /PRNewswire-FirstCall/ - Tombstone Exploration
Corporation (the "Company") is pleased to announce that it (OTC BB:
TMBXF.OB - News) has renewed its Bureau of Land Management ("BLM") mining
claims (the "Claims") covering approximately 7,000 acres in the Tombstone
Mining District located in the State of Arizona. The Company paid all
required fees prior to the due date of August 31, 2007, thereby maintaining
its interest in such Claims. These Claims, in conjunction with the lands
held by the Company by virtue of the State of Arizona Mineral Exploration
Permits (the "Permit Lands") and privately owned mineral rights, total
approximately 11,000 acres, all of which are located in the Tombstone
Mining District.
Presently, the Company is focused on geological evaluation and
development of exploration plans for the last quarter of 2007. The Company
anticipates completing exploration plans for the Permit Lands during
September 2007, after which the Company will submit such plans to the
Arizona State Land Department for approval. Initial exploration plans with
respect to the Claims have already been approved by the BLM, though the
Company expects to modify such plans as additional geological data is
collected and analyzed.
The Company's Tombstone Project is comprised of the largest single
owner land position that has ever been assembled in the Tombstone Mining
District. This consolidation of holdings brings a number of past producing
mines (one of which is the State of Maine Mine) into a single project
operated under one organization - Tombstone Exploration Corporation. The
large size of the project area and the presence of a number of past
producing mines included within the project area are favorable factors that
provide encouragement to the Company as to the potential for successfully
achieving the development of this property.
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 most recent public filings with the U.S.
Securities and Exchange Commission.
CONTACT:
ALAN M. BROWN
(250) 741-6340
www.tombstonemining.com
CONTACT: ALAN M. BROWN, (250) 741-6340, www.tombstonemining.com
SOURCE Tombstone Exploration Corp.
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