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Tombstone Exploration Corporation Provides Update on Summer Drill Program - Assay Results Pending

Posted on: Thursday, 9 October 2008, 09:00 CDT

Tombstone Exploration Corporation (OTCBB: TMBXF) announced today it has successfully completed 2,593 feet of core drilling at its silver project in Tombstone. AZ. Six diamond drill holes (DDH) have been drilled, TEMC 101,102,103,104,105 and 106, to test the extension of the mineralization zones of the Bonanza and Santa Ana structures, both of which possess historical data from within the mining district. Both structures exhibit open ends at the south and north, as well down dip.

Drilling was performed by Layne Christensen Drilling Company during June through September, 2008. Holes were drilled as HQ diameter and using triple-tube technology, yielding a recovery over 90% in most instances. RQD is estimated at 45%, average.

Five out of the six DD holes intersected the projected targets at different levels at the south, central and north of the structures, while DDH TEMC 101 provided a great deal of information regarding the Bonanza structure which seems to be bent in an opposite direction in depth. This particular piece of information has been physically confirmed in the Bonanza mine workings where the structure becoming subvertical at 200 feet approximately, and then switches the dip to east, rather than dipping west as observed at the upper sectors of the shafts.

The following is a highlight summary of the geological logging of the drill holes.

         TEMC 101          0-135'      Ignimbrite                         135-547'      Sedimentary rock unit made up of                                       quartzite and limestone,                                       predominantly                         547-552'      Mn-oxides structure with additional                                       Mnox stringers at hanging and foot                                       walls                         552-650'      Predominantly, limestone, locally                                       silicified                         650-980'      Predominantly, limestone, locally                                       silicified, with patches of epidote                                       and chlorite, containing strong                                       pyrite content up to 10% in places         TEMC 102           0-60'      Overburden and feldspar porphyry                                       dikes sedimentary rock units                          60-145       Ore zone, mostly Mnox containing                                       locally some secondary Ag minerals,                                       as horn silver                         145-225'      Predominantly feldspar porphyry dikes                         225-395'      Limestone with minor ore stringers                                       and veins                                       Potential Santa Ana structure at                                       345-370'                         395-408       Siltstone and limestone rock units                                       interfingering                                       Minor Mnox stringers at different                                       levels         TEMC 103           0-65'      Quartzite unit, locally cut by quartz                                       veinlets, exhibiting comb crystals                                       and open spaces and symmetry                          65-185'      Various ore zones, associated with                                       the Santa Ana Structure, hanging and                                       foot walls. Minor ignimbrite bed                                       intercalated                         185-212'      Limestone, trace Mnox stringers         TEMC 104          0-180'      Predominantly quartzite and limestone                                       rock units locally intersected by                                       feldspar porphyry dikes                         180-240'      Potential Bonanza structure with                                       minor ores stringers associated at                                       hanging and foot walls                         240-290'      Sedimentary series with minor                                       feldspar porphyry dikes                         290-311'      Potential Santa Ana structure and                                       associated hanging and foot walls a                                       ore stringers         TEMC-105          0-195'      Overburden at upper sector and                                       sedimentary series, with minor                                       feldspar porphyry dikes                         195-225'      Minor ore intercepts                         225-250'      Siltstone                         250-393'      Predominantly, intraformational                                       breccia and/or conglomerate,                                       limey-rich                         393-420'      Minor ore zone associated with Santa                                       Ana Structure                         420-460'      Mostly, limestone, Trace Mnox in                                       places         TEMC 106          0-107'      Predominantly, intraformational                                       breccia and/or Conglomerate,                                       limey-rich                         107-115'      Minor ore intercept, mostly Mnox                                       stringers                         115-124'      Quartzite                         124-128'      Minor ore intercept, mostly Mnox                                       stringers                         128-140'      Quartzite 

At the Tombstone silver district, manganese oxides are the ore carrier hosts. TEMC 101 and 102 (upper sector, 20-140') have assays for 50 elements, and TEMC 102 was re-ran by four acid near digestion for silver. All the rest of core sample results are pending from ALS Chemex, where they were sent for assay.

A new mineralized structural corridor has been discovered between the State of Maine and Merrimac veins at the southern portion of the property. Such a structural corridor is currently undergoing detailed mapping and sampling. The corridor extends for over one mile, and locally exhibits 80-100' width with some feldspar porphyry dikes in between.

Claudia Stone, Geologist of SRK Engineering is scheduled to do a site inspection of the project on October 13.

Alan Brown, President and CEO of Tombstone Exploration remarked, "The assay results have been slow to receive but we are encouraged by the results so far and will report additional results as they become available."

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 landholder 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 Email Contact 480-305-4507  Investor Relations: The Eversull Group, Inc. Jack Eversull 972-378-7917 972-378-7981 (fax) Email Contact

SOURCE: Tombstone Exploration

Source: MARKET WIRE

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