Tombstone Exploration Corporation Announces Site Meeting with CDM Smith, Engaged Construction Manager of Bonanza Mine Project

Thursday, 05. December 2019 15:00

PHOENIX, Dec. 05, 2019 (GLOBE NEWSWIRE) -- Tombstone Exploration Corporation (OTCQB: TMBXF), a fully reporting company, announced today in combination with Goldrock Resources Inc. and the Bonanza Mining Company, it is securing the final three permits needed to complete its initial environmental reclamation project. The project consists of moving all of the tailings and waste rock at the site to a gold heap leach pad.

The following is an update to the permitting:

  • The three permits: Aquifer Protection Permit (APP), BLM Mine Plan of Operations for Public Land (MPO), and a Reclamation Plan for private property are all well into the permitting process. All permits are considered administratively complete. 
  • A Comprehensive Request for Additional Information was received from Arizona Department of Environmental Quality (AZDEQ) on November 7th and consisted of fourteen (14) items needing further information. All but two items have been replied to and these two will be completed by the December 9th deadline. There were no major items associated with the request. 
  • The BLM requested a reply to comments on November 1st. There were forty-six (46) comments identified by the BLM of which most were clarification language. The reply was completed and sent to the BLM on November 16th.
  • The Reclamation Plan for private property through the State Mine Inspector has not identified any issues.

The Air Quality registration has already been obtained with the remainder of the permits to be obtained by the end of December or early January.

Bonanza has engaged CDM Smith to support the initial construction management of the heap leach pad and will also support finding an appropriate earthworks contractor to move the old tailings and waste rock on site. CDM Smith was the construction manager for developing Phase 1 of the Moss Mine which is similar to what Bonanza is doing. A meeting is scheduled with the CDM Smith Manager on December 6th at the Bonanza Harquahala Mine site to kick off the construction management part of the project.

Todd Fayram, Bonanza Project Manager, is pleased with the pace of the permitting and the minimal number of additional information requests. If all goes as planned, bonding will take place in early January with construction of the leach pad starting thereafter.

About Tombstone Exploration Corporation
Tombstone Exploration Corporation is a gold, silver and copper exploration company based in Phoenix, Arizona. The company’s goal is to maximize shareholder value through focused exploration, testing and development of high-quality mineral targets in the prolific mineral producing areas in the Southwest United States. This goal will be achieved through the application of the best mineral exploration practices and techniques available, including the adherence to the highest possible standards of corporate responsibility, governance and conduct.

FORWARD-LOOKING STATEMENTS
This release contains statements that constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements appear in a number of places in this release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of Tombstone Exploration Corporation, its directors or its officers with respect to, among other things: (i) financing plans; (ii) trends affecting its financial condition or results of operations; (iii) growth strategy and operating strategy. The words “may,” “would,” “will,” “expect,” “estimate,” “can,” “believe,” “potential” and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are Tombstone Exploration Corporation’s ability to control, and actual results may differ materially from those projected in the forward-looking statements as a result of various factors. More information about the potential factors that could affect the business and financial results is and will be included in Tombstone Exploration Corporation’s filings with the Securities and Exchange Commission.

CONTACT:

Tombstone Exploration Corporation
Alan M. Brown, President
Phone: 480-588-8920
abrown@tombstonemining.com
www.tombstonemining.com

Primary Logo

Related Links: 
Author:
Copyright GlobeNewswire, Inc. 2016. All rights reserved.
You can register yourself on the website to receive press releases directly via e-mail to your own e-mail account.