PHOENIX, May 24, 2022 (GLOBE NEWSWIRE) — Tombstone Exploration Society (OTCQB: TMBXF), a fully reporting U.S. mining company, today announced the results of Metalor USA’s processed and refined ore that was shipped from the Bonanza Harquahala Mine on May 3, 2022. This is the third delivery of precious metals in 2022.
Results from the material processed produced 303.85 oz of gold which yielded 65.96 oz of Au and 58.51 oz of Ag.
Leaching has operated 24 hours a day, 7 days a week and continues as crushed rock and leach materials are loaded onto the rig. The fourth shipment for carbon processing and gold and silver ore refining for 2022 is expected to ship on June 3, 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 multi-phase gold and silver production in the future. The Bonanza Mine is located where Prolific Walker Lane and the Sonoran Geosyncline overlap with probable extensions of Carlin Trend and Mesquite-style mineralization generating the richest deposits in Arizona.
About Tombstone Exploration Corporation
Tombstone Exploration Corporation is a gold, silver and copper exploration and mining company based in Phoenix, Arizona. The Company’s objective is to maximize shareholder value through focused exploration, testing and development of high quality mineral targets in the prolific mineral producing areas of the Southwestern United States. This objective will be achieved through the application of best available mineral exploration practices and techniques, including adherence to the highest possible standards of accountability, governance and corporate conduct.
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 at several places in this release and include all statements that are not statements of historical fact regarding the current intent, belief or expectations of Tombstone Exploration Corporation, its directors or officers regarding, among other : (i.e.) financing plans; (ii) trends affecting its financial condition or results of operations; (iii) growth strategy and operational strategy. The words “may”, “would”, “will”, “expect”, “estimate”, “may”, “believe”, “potential” and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that these forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are within 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. Further information about potential factors that could affect business and financial results is and will be included in Tombstone Exploration Corporation’s filings with the Securities and Exchange Commission.
Tombstone Exploration Society
Alan M. Brown, President and CEO