press release
March 29, 2012, 9:01 a.m. EDT
Tombstone Exploration Corporation's Additional Approved Permits Double the Size of Its 100% Owned Epithermal Disseminated Gold Prospect
PHOENIX, AZ, Mar 29, 2012 (MARKETWIRE via COMTEX) -- Tombstone Exploration Corporation TMBXF +14.00% (otcqb:TMBXF) announced today that the Company has received approval for State Exploration Permits for minerals, including gold, silver and copper in the eastern edge of the Tombstone Mining District. The additional permits, approved, encompass 2,163 acres in Cochise County, Tombstone, Arizona, adjacent to the 100% Company-owned Zebra property of 2,000 acres.
The Zebra Prospect is an epithermal disseminated gold property located in Cochise County, Arizona, approximately three miles southeast of the town of Tombstone, in T20S, R23E, Sections 20, 21, 27, 28, 29, 32, 33 and 34. The property totals 4,163 acres and consists entirely of State land for which Arizona State Prospecting Permits have been secured. It is believed that the prospect lies within the metallogenic zonation halo of the Tombstone District. The shallow ores of the central district were known to be high in silver and lower in gold. Conversely, and in accordance with zonational patterns, the Zebra Property has high gold, and relatively moderate silver values.
During a detailed mapping program during the 1980s, thirty-three samples were collected of jasperoid, jasperoid breccia, silica vein material, hematitically altered silty limestone, dolomite and silicified rhyolite porphyry. Seven of these samples assayed >.20 ounces per ton gold and another three assayed >.10 ounces per ton gold. The highest assay was 1.0268 ounces per ton gold collected from an outcrop of black to red jasperoid breccia. These historical assays strongly support previous assay data from the property and suggest the occurrence of a large bulk tonnage disseminated gold deposit on the property. Geophysical surveys conducted on the property in the 1980s also suggest the possibility of a gold skarn deposit at depth.
Alan Brown, President of Tombstone, stated, "With prices for metals at historic high levels, the time to move aggressively forward is now. We are currently planning an active exploration and near term drill program for the Zebra property based on recommendations in our new 43-101 completed by SRK Consulting last month." ...
Quelle: http://www.marketwatch.com/story/...eminated-gold-prospect-2012-03-29
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