Tombstone Exploration Drill Program’s First Hole at 730′

SOURCE:

Tombstone Exploration

2008-07-15 08:30:00

PHOENIX, AZ–(EMWPresswire – July 15, 2008) – Tombstone Exploration Corporation (OTCBB: TMBXF) today provided a progress report on Drill Hole TEMC 101. TEMC 101

is designed to intercept two of the major producing structures in the

mining district, the Bonanza and Santa Ana veins. The Target Zone is

estimated at 800′ and the hole is planned to reach 1,100′. Around 550′,

manganese oxide stringers and veins were intercepted. Manganese oxides are

the silver carriers in the mining district.

Hangingwall and footwall around this zone exhibit strong silicfication in

the limestone host rock unit and discreet pyrite dissemination. From 650′

down the hole, silicfication appears pervasive with patches of chlorite and

epidote alteration assemblage with strong pyrite content, disseminated and

in stringers, as well, in places over 3%. Discreet manganese oxide

veinlets are frequently in this length. Rock unit is predominantly a

massive limestone intruded by a thin feldspar porphyry dike at 700′.

In a recent Commodities Research report by Mangoba Madinane of Standard

Bank, crude oil price increases and the ailing greenback are attributed to

the increase in precious metal investment. Silver has been shadowing gold

and closed at $18.71 in New York Friday and broke through the $19.00

resistance band Monday.

Alan Brown, President and CEO of Tombstone, stated, “Recovery has been

excellent at 95% due to the use of the Triple Tube Technology. All core is

being boxed and assays will be done for Ag (silver), Au (gold), Cu

(copper), Pb (lead) and Zn (zinc). We will continue to provide updates to

the investment community and are encouraged by the drilling program’s

results thus far.”

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. The Company

is the largest land holder in the Tombstone mining district. Through

expansion, Tombstone Exploration 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

480-305-4507

Investor Relations:
The Eversull Group, Inc.
Jack Eversull
972-378-7917
972-378-7981 (fax)

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