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Wednesday, April 2, 2008

Tombstone to begin drill program in May 2008

Tombstone to begin drill program in May 2008

Tombstone Exploration Corporation has conducted geological mapping and sampling that combined with historical data provided the basis for developing a new core drilling program. A budget of $1.2 Million has been approved for the 5,200 m core drilling program. Drilling will test an area that is approximately 900 m by 2,000 m. The program is scheduled to begin in May 2008. Permitting work for the program is currently in progress.

Alan M. Brown, President of Tombstone Exploration, said, we have approved the drill program due to the encouraging assay results and the success of the previous drilling done. The $1.2 million we plan on investing into this drill program will represent the first ever evaluation below the water level. I along with our entire management team have the highest expectations for the results from this drill program.

The drill program will consist of twenty-three core holes drilled from 15 distinct drill sites that are designed to intercept extensions of the State Maine Mine, Merrimac zone, Bonanza-Solstice mines, and the Ace-in-the-Hole-Black Horse mine sub-parallel trends. These zones are northeasterly trending. Core holes will be HQ size and will be drilled using triple tube core technology to assure that the most complete core recovery is achieved. Drill hole spacing will be about 100 m between drill hole sites. The four mineralized zones will be tested over strike lengths ranging from 200 m to 500 m.

Eight drill hole sites are planned to have two holes drilled at different angles along the same direction to intercept their targets at different depths. Seven sites will have one hole each. The length of the holes range from 125 m to 320 m and vary in inclination from -45° to -90°. The holes are designed to penetrate the target zones below the water level. All available historical data indicates that no mining in the program area was conducted below the water level.

 

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