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TMBXF Tombstone Exploration Corp. featured news, full reports, and detailed charts

Tombstone Exploration Corp. (TMBXF/TMBXF.OB) Wrap Up:

Tombstone Exploration Corporation engages in the exploration, development, and production of mineral resources in the United States. The company primarily focuses on silver, gold, barium, copper, lead, zinc, and other precious and rare earth metals. Its primary property includes the Tombstone property comprising approximately 9,000 acres located in Tombstone, Arizona. The company, formerly known as Pure Capital, Inc., was founded in 1997 and is based in Tombstone, Arizona.
www.tombstonemining.com
Founded in 1997

Tombstone Exploration Corp. (TMBXF:OTC Bulletin Board Market)

LAST $0.08 USD
CHANGE TODAY 0.00 0.00%
VOLUME 0.0
As of November 19, 2009 All times are local (Market data by Reuters is delayed by at least 15 minutes).

Snapshot of Tombstone Exploration Corp. (TMBXF)

OPEN
--
PREVIOUS CLOSE
$0.08
DAY HIGH
--
DAY LOW
--
52 WEEK HIGH
02/17/09 - $0.26
52 WEEK LOW
07/6/09 - $0.05
MARKET CAP
3.8M
AVERAGE VOLUME 3 mo
156.4K
DILUTED EPS TTM
--
SHARES OUTSTANDING
47.3M
TMBXF Does Not Pay Dividends
P/E TTM
NM
K = Thousands  M = Millions  B = Billions

TMBXF Top Compensated Officers

Mr. Alan Montague Brown
Chief Executive Officer, President, Chief Fin...
Age: 42
Total Annual Compensation: $120.0K

Executives, Board Directors

Compensation as of Fiscal Year 2008.

Key developments for Tombstone Exploration Corp. (TMBXF)

Tombstone Exploration Corp. Auditor Raises 'Going Concern' Doubt

Tombstone Exploration Corp. filed its 20-F on July 10, 2009 for the period ending December 31, 2008. In this report its auditor, McElravy, Kinchen & Associates PC, gave an unqualified opinion expressing doubt that the company can continue as a going concern.

Tombstone Exploration Corp. announced delayed 20-F filing

On 06/30/2009, Tombstone Exploration Corp. announced that they will be unable to file their next 20-F by the deadline required by the SEC.

Tombstone Exploration Corp. Announces Change of Registered Independent Public Accountant

On June 10, 2009, M&K CPAS, PLLC was appointed as the registered independent public accountant for Tombstone Exploration Corp. for the year ended December 31, 2008. On June 10, 2009, Moore & Associates, Chartered was dismissed as the registered independent public accountant for the company. The decisions to appoint MKC and dismiss Moore were approved by the board of directors of the company on June 9, 2009.

otc, otcbb, pinksheet, TMBXF, ob Tombstone Exploration Corp.

TMBXF Competitors

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Industry Analysis

Valuation TMBXF Industry Range
Price/Earnings NM Not Meaningful
Price/Sales -- Not Meaningful
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Price/Cash Flow NM Not Meaningful
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TMBXF

TMBXF transactions

Type
Date
Target
Merger/Acquisition
September 30, 2009
Ten Mining Claims in Tombstone Mining District, Arizona

More Recent News About Tombstone Exploration Corp.

More news for TMBXF

Tombstone Exploration Corporation Secures Ten New Claims in the Prolific Tombstone Mining Silver District

PHOENIX, AZ--(Marketwire - 09/30/09) - Tombstone Exploration Corporation (OTC.BB:TMBXF - News) announced today that it has completed the acquisition of ten new mining claims in the Tombstone Mining District located in the State of Arizona. This property is north of the State of Maine structure. The Company plans to complete detailed mapping of lithology and stratigraphy which will allow Tombstone's geologists to develop drill targets that test the intersection of these horizons with mineralized structures at depth. Management of Tombstone believes that these ten new claims will significantly add to the Company's significant silver portfolio in the Tombstone area. Alan Brown, President and CEO of Tombstone Exploration, said, "We continue to look for opportunities to expand our Tombstone acreage. These ten new claims add more prospects for the Company to take advantage of the rising prices for gold, silver and copper. The Tombstone Mining region's silver prospects date back over 100 years.Tombstone Exploration Corporation (OTC.BB:TMBXF - News) is focused primarily on exploration and development of mineral resources. At the completion of the feasibility study, the Company will then consider joint v...
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Tombstone Exploration Corporation Renews Bureau of Land Management Mining Claims

PHOENIX, AZ--(Marketwire - 09/01/09) - Tombstone Exploration Corporation (OTC.BB:TMBXF - News) announced today that it has renewed its Bureau of Land Management ("BLM") mining claims in the Tombstone Mining District located in the State of Arizona. The Company paid all required fees prior to the due date of August 31, 2009. Presently, the Company is focused on additional evaluation and strategic development scheduled for the last quarter of 2009. Alan Brown, President and CEO of Tombstone Exploration, said, "We are pleased to renew these claims and to continue to expand our evaluation and development plans."Tombstone Exploration Corporation (OTC.BB:TMBXF - News) is focused primarily on exploration and development of its mineral resources. Tombstone Exploration is the largest landholder in the Tombstone Mining District. For more information on Tombstone Exploration Corporation, please visit www.tombstonemining.com.FORWARD-LOOKING STATEMENTSStatements contained herein that are n...
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Tombstone Exploration Corporation Renews Six Exploration Permits on 3,025 Acres With Arizona State Land Department

PHOENIX, AZ--(Marketwire - 08/10/09) - Tombstone Exploration Corporation (OTC.BB:TMBXF - News) announced today the Company has renewed six exploration permits totaling 3,025 acres with the Arizona State Land Department. These permits include Sections 7, 8, 16, 18, and 19 in Township 20 South, Range 22 East, and Section 7 in Township 20 South, Range 23 East. Sections 7, 8, 18 and 19 are all contiguous and to the west of the main BLM parcels. Section 16 is in the center of TMBXF's land holdings and contains the State of Maine mine, Bonanza, Free Coinage and several other past producing mines with substantial promising historical data. Section 7 Township 20 South, Range 23 East is to the east of Tombstone in the main Tombstone Mining District and contains fault contacts of Gila Conglomerate with the Bisbee formation. This area contains anomalous values of copper in mesquite ash found by a biogeochemical study done in 1974 by Roger Newell.Alan Brown, President and CEO of Tombstone Exploration, remarked, "We are excited with the acreage that we have and the prospects for the future, particularly in light of rising gold, silver, and copper prices. We look forward to further drilling and completing a strategic development program for our acreage."The management of TMBXF is encouraged with the continuing price increase of silver, gold and copper from the lows of December to their current prices. In December, the price of Silver was less than $10.00/oz and Copper was less than $1.50/lb. On August 7, 2009, Silver close...
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TOMBSTONE EXPLORATION CORP Financials

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Tombstone Exploration Stakes 10 New Claims Adjacent to Previously Assayed Property

PHOENIX, AZ--(Marketwire - 07/14/09) - Tombstone Exploration Corporation (TMBX) (OTC.BB:TMBXF - News) today announced that its staff has staked ten additional BLM Lode claims comprised of approximately 161 acres that contain two known and partially mapped contacts between Paleozoic limestones and overlying Mesozoic shales of the Bisbee Formation, a geologic horizon that has not previously been explored in the Western Tombstone district. This property is north of the State of Maine mine and may contain extensions of mineralization of the State of Maine structure. Detailed mapping of lithology and stratigraphy will allow Tombstone's geologists to develop drill targets that test the intersection of these horizons with mineralized structures at depth. Alan Brown, President and CEO of TMBX, stated, "This property is adjacent to property that we have previously assayed with gold-rich silicified zones of mineralization adjacent to historically mined silver-lead orebodies. We continue to look for opportunities to expand our Tombstone acreage."Tombstone Exploration Corporation (TMBXF) is focused primarily on exploration and development of mineral resources. At the completion of the feasibility study, the Company will then consider joint venture mining or some other scenario that would eventually expedite a mining operation on the Tombstone property. More often in these scenarios, the Company would become subject to take over offers based on a positive economic feasibility study. The Company understands that the discovery to fea...
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Tombstone Exploration Receives $100,000 Private Placement

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Tombstone Exploration Updates Shareholders on Progress and Current Plans

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Tombstone Exploration Corp. Reports Gold, Silver Assay Results From Rock Chip Samples

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Tombstone Exploration Sets Strategic Exploration Priorities

PHOENIX, AZ--(MARKET WIRE)--Apr 2, 2009 -- Tombstone Exploration Corporation (OTC BB:TMBXF.OB - News) announced that its staff has identified three exploration strategic priorities for advancing near-term value and long term economic potential on its Tombstone, Arizona properties. Geologic mapping and sampling during the last week of March 2009, located mineralization supporting the underlying concepts behind these strategies. Chlorargerite (a high-grade silver ore mineral), fine grained silicification and low manganese content was found in outcrops and mine dumps, an alteration pattern consistent with the highest grade ores in the Western Tombstone Mining District, and three samples have been submitted to Copper State Analytical Laboratories in Prescott, Arizona, for silver, gold, copper, lead, zinc, and manganese assays. Alan Brown, President & CEO of Tombstone, stated, "Previous mining and exploration efforts in the Western Tombstone District have focused on ore bearing structures that were exposed on the surface, and mining activities throughout the area stopped at or near the shallow water table due to insufficient pumping technologies at the time. Historical operations were also hampered by lack of economical processing methods for lower grade ore, such as the effective heap leach technologies used and developed in Tombstone in the 1980s. One part of our exploration strategy is ore deposits buried beneath alluvial cover or otherwise not exposed, that were overlooked by historical prospecting efforts. A near surface...
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Tombstone Exploration to Actively Explore Additional Targets on Its Tombstone Historic Silver Producing Mines Acreage

PHOENIX, AZ--(MARKET WIRE)--Mar 17, 2009 -- Tombstone Exploration Corporation (OTC BB:TMBXF.OB - News) announced today that the Company is expanding its exploration activities on the Tombstone property. The Company is evaluating several prospective acquisitions with known silver and gold mineralization in several mining districts. To help expedite these activities, Tombstone has hired two additional consulting geologists with extensive mining and exploration experience. While the Company continues to explore the extent of known mineralization at the Bonanza mine, they have also begun to explore several additional targets on their property. TMBXF has identified numerous prospective areas and are currently focusing on two that were explored immediately prior to declining metal prices at the end of the last boom cycle.The Robbers Roost project was previously explored by ASARCO in the early 1970s, and BHP in 1994. These major mining companies were exploring for a deep copper porphyry deposit, having found alteration that is typically associated with this type of deposit. Their projects included geophysical surveys and deep drilling. Tombstone is focused at exploring for silver vein mineralization at this time, especially because copper prices have retreated significantly in recent months. However, it is important to note that in the Arizona mineral belt epithermal silver veins are typically associated with underlying copper porphyry mineralization.The Groundhog mine was explored in 1984 by Alanco Ltd, spending approximatel...
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