Tombstone Exploration Corp. yesterday announced that it has commenced its drilling program for the current year. Two targets have already been drilled, both of which have intersected mineralized zones.
Utilizing a portable x-ray diffraction (NYSE:XRF) machine to get on-site reading of metal levels in the drill cuttings, the company’s exploration team will use the collected data to manage the drilling initiative. Tombstone’s property is underlain by Uncle Sam porphyry and units of the Bisbee Group. Mineralized fissures strike consistently northeast, and many of the fissures exhibit consistent orientation for hundreds of feet along strike. Many fissures have parallel orientations, forming fissure sets.
As expected, the main mines in this area occur along these northeast-striking fissures. The State of Maine mine occurs in fissures that cut both Bisbee sediments and Uncle Sam porphyry. Tombstone’s team is targeting the current exploration program on these structural mineralized fissures.
Steven J. Radvak, P.E., Vice President of Exploration of Tombstone, stated, “This drilling program has already intercepted two distinct mineralized zones and is targeting additional zones as well. Results to date are positive and indicate that these zones will warrant additional drilling. XRF results for silver are encouraging and we expect to see corresponding results for gold.”
Alan Brown, CEO of Tombstone, added, “The 2010 Drill Program is well on its way to meeting our expectations that mineable silver, gold, copper and other minerals will come from the assay results of this year’s drill program.”
Primarily focused on exploration and development of mineral resources, Tombstone Exploration Corporation has the mineral rights to approximately 11,500 acres of historical mining land in the areas around Tombstone, Arizona. The company is the largest landholder in the Tombstone Mining District.
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