Tombstone Exploration to Actively Explore Additional Targets on Its Tombstone Historic Silver Producing Mines Acreage
March 17, 2009
Tombstone Exploration Corporation (OTCBB: TMBXF) 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 approximately $200,000 on both surface and underground geologic mapping, and a preliminary drill program. The property has 3 existing shafts, the deepest of which is reported to reach 600 ft below the surface. They were prospecting for a shallow low grade silver target, which would be amenable to a surface mining and heap leach operation. This mine is adjacent to the mill site where they operated a 1,000 tpd crushing plant and leach pad, plus a 300 tpd flotation mill from 1981 to 1984. Operations were ceased when silver prices declined, and ultimately the mill was removed and the leach pads were reclaimed. Because this "brown field" site has existing infrastructure there is potential it could be re-used for mineral processing in the future.

Alan Brown, President and CEO of Tombstone, commented, "The Company has recently identified several prospective acquisitions in both Tombstone and other historic mining districts. Management is evaluating the opportunity to increase shareholder value by adding to our portfolio properties with known gold and/or silver mineralization, and potential for both resource growth and near term production. Our growing technical team has also begun conducting due diligence on these prospective acquisitions."

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 feasibility phase generally offers the best return on investment to shareholders. Tombstone Exploration Corporation has the mineral rights to approximately 11,500 acres of historical mining land in the areas around Tombstone, Arizona and is now the largest landholder in the Tombstone Mining District. Through expansion, the Company will acquire new properties.

For more information on Tombstone Exploration Corporation, please visit 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.