Tombstone Exploration Corporation Engages Layne Christensen Company for Drilling Program

PHOENIX, AZ announced today that it has entered into an agreement with Layne Christensen Company (NASDAQ: LAYN) of Mission Woods, Kansas to conduct its drilling program. Layne Christensen's Mineral Exploration Division is one of the largest companies providing drilling services for geological assessment with over 150 drilling rigs worldwide. Layne Christensen Company is one of the most experienced drill companies in the United States with respect to this type of drilling.

Alan Brown, CEO of Tombstone Exploration, remarked, "We have engaged Layne Christensen to conduct the previously announced extensive drilling program as a follow up to our filing of the N.I. 43-101. The drill program will focus on the areas that have been determined to have the greatest potential for significant silver deposits. We are excited to get the drill program going, particularly in light of silver prices continuing to rise. A start date for drilling will be announced shortly."

Tombstone Exploration Corporation (TMBXF) is structured and positioned to capitalize on today's increasing demand and prices for precious metals and base metals such as copper, lead and zinc. Tombstone Exploration Corporation has the mineral rights to approximately 13,500 acres of historical mining land in the areas around Tombstone, Arizona and is now the largest land holder in the Tombstone mining district, which is one of the recent largest mining property acquisitions in Arizona. Through expansion, the Company will acquire new properties, as well as integrate the extraction of precious and base metals. The goal is to produce metals and minerals below standard industry costs.

For more information on Tombstone Exploration Corporation, please visit our web site at www.tombstonemining.com.

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: Tombstone Exploration Corporation Alan M. Brown President Email Contact 480-305-4507 Investor Relations: The Eversull Group, Inc. Jack Eversull 972-378-7917 972-378-7981 (fax) Email Contact

Layne Christensen Company (delisted) (NASDAQ:LAYN)
Historical Stock Chart
From Jun 2024 to Jul 2024