QualityStocks would like to highlight Tombstone Exploration Corp. (OTCBB: TMBXF). The Company 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
In the company’s news yesterday,
Tombstone Exploration Corp. announced that it has completed the Helicopter-borne time domain electromagnetic GeoPhysical ZTEM program. Selected for its ability to achieve unparalleled resolution and depth of investigation, ZTEM is well suited to image buried porphyry deposits and is capable of gathering data over 6,000 feet (1.25 miles) below ground surface.
The airborne ZTEM survey covered over 200 line miles and most of the Tombstone Mining District. The company expects receipt of the data within the next few weeks. The data will be interpreted to provide targets for a giant, high-grade porphyry copper – gold deposit that can be mined by open pit or block caving mining methods.
The project is also located 150 miles southeast of the Resolution deposit, which is currently being explored by Rio Tinto, and is reported to contain an Inferred Resource of 1.34 billion tonnes containing 1.51% copper and 0.04% molybdenum. The
Alan Brown, CEO of
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