Business

Tombstone Exploration Corporation Announces Construction Update & Progress as of July 15th 2020 on the Bonanza Mine Heap Leach Project

Tombstone Exploration Corporation Announces Construction Update & Progress as of July 15th 2020 on the Bonanza Mine Heap Leach Project.

articleTombstone Exploration Corp.July 15, 20203/company/tombstone-exploration-corp/news/tombstone-exploration-corporation-announces-construction-update-and-progress-as-of-july-15th-2020-on-the-bonanza-mine-heap-leach-project
Tombstone Exploration Corporation Announces Construction Update & Progress as of July 15th 2020 on the Bonanza Mine Heap Leach Project

About this update from Tombstone Exploration Corp.

[{"type":"text","content":"\n PHOENIX, July 15, 2020 (GLOBE NEWSWIRE) -- Tombstone Exploration Corporation (OTCQB: TMBXF), a fully reporting U.S. based mining company, is pleased to announce in combination with Goldrock Resources Inc. and the Bonanza Mining Company that the construction phase is moving smoothly and on track for the complete build out of the heap leach pad and pond at the Bonanza Harquahala Gold Mine in La Paz County, Arizona on schedule. The Heap Leach Pad continues to be cut to grade and the Leach Pond is nearing completion on the property. The project should be ready for the liner install within the next few weeks.  Appropriate carbon columns and tanks are expected to be delivered during the following weeks and pumps and piping for the Leach Pad and Pond have been sourced and will be ready to install during the month of August. Review the pictures attached which clearly outlines the progress of construction. Alan Brown, Tombstone Exploration CEO and President, stated, “As the price of Gold continues to increase and stay strong, we are making excellent progress on the Bonanza Project and expecting to complete construction and initiate production in September.  We are very pleased with the execution of our general contractor 5D Mining and Construction as progress is excelling.” Heap leaching is an industrial mining process used to extract precious metals and other compounds from ore using a series of chemical reactions that absorb specific minerals and re-separate them after their division from other earth materials. Similar to in situ mining, heap leach mining differs in that it places ore on a liner, then adds the chemicals via drip systems to the ore, whereas in situ mining lacks these liners and pulls pregnant solution up to obtain the minerals. Heap leaching is widely used in modern large-scale mining operations as it produces the desired concentrates at a lower cost compared to conventional processing methods such as flotation, agitation, and vat leaching. About Tombstone Exploration CorporationTombstone Exploration Corporation is a gold, silver and copper exploration & mining company based in Phoenix, Arizona. The company’s goal is to maximize shareholder value through focused exploration, testing and development of high-quality mineral targ...

More updates from Tombstone Exploration Corp.