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Tombstone Announces Filing of State Permits for Zebra Property

Tombstone Exploration Corporation announced today that the Company has filed the State Permits totaling 2,000 acres associated with the Zebra Prospect located at the eastern edge of the Tombstone Mining District.

The Zebra Prospect is an epithermal disseminated gold property located in Cochise County, Arizona, approximately three miles southeast of the town of Tombstone, in T20S, R23E, Sections 27, 28, 33 and 34. The property totals 2,000 acres and consists entirely of State land for which Arizona State Prospecting Permits have been filed. It is believed that the prospect lies within the metallogenic zonation halo of the Tombstone District. The shallow ores of the central district were known to be high in silver and lower in gold. Conversely, and in accordance with zonational patterns, the Zebra Property has high gold, and relatively moderate silver values.

During a detailed mapping program during the 1980s, thirty-three samples were collected of jasperoid, jasperoid breccia, silica vein material, hematitically altered silty limestone, dolomite and silicified rhyolite porphyry. Seven of these samples assayed >.20 ounces per ton gold and another three assayed >.10 ounces per ton gold. The highest assay was 1.0268 ounces per ton gold collected from an outcrop of black to red jasperoid breccia. These historical assays strongly support previous assay data from the property and suggest the occurrence of a large bulk tonnage disseminated gold deposit on the property. Geophysical surveys conducted on the property in the 1980s also suggest the possibility of a gold skarn deposit at depth.

Alan Brown, President of TMBXF, stated, "Upon final approval by the Arizona State Land Department, we have an active exploration program ready to implement on one of the most prolific Gold mining properties in the historic Tombstone Mining District."

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