Tombstone Exploration Corporation Engages Layne Christensen Company for Drilling Program
May 29 2008 - 9:30AM
Marketwired
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
Layne Christensen Company (delisted) (NASDAQ:LAYN)
Historical Stock Chart
From Jul 2023 to Jul 2024