The Bahamas Lime Rock Project
Location: Freeport, Grand Bahama Island
Ownership: 100% Ownership by Bahamas Aggregates, TMBXF receives a monetary portion of every ton produced on the property.
Minerals: Limestone and Aggregates
Property Size: undefined
History – Tombstone Exploration Corporation partnered with Bahamas Aggregates, a California corporation with operations in Freeport, Grand Bahama Island for the Bahamas Lime Rock Project. Their operation currently produces 100-120k tons of materials per month for customers in the Bahamas and United States.
Future Predictions – Tombstone Exploration purchased a 50 cent royalty from Bahamas Aggregates High Rock operation which has reserves of four to six million tons of raw materials. This creates a net profit of $1.5-2.5 million dollars to Tombstone. Tombstone is in discussions with Bahamas Aggregates to share in its two additional projects that have 25 million tons of aggregate reserves.