Gerald Celente
Tombstone Mining Receives Compulsory Letter for Bonanza Project
Posted on 2020-01-24 12:39:00 [ Show older headlines ]
Tombstone Exploration Corporation (TMBXF), a fully reporting U.S. based mining company, is pleased to announce that the Arizona State Mining Inspector has verified all criteria required to commence operations on the Bonanza Mining Project have been met. Tombstone has completed all steps of the permitting process and is awaiting the approval of the final necessary permit to begin construction. Extensive exploration of the property has revealed significant gold and silver reserves, as previously described in the December 18th press release.

This letter states, "The Reclamation Plan submittal for the Bonanza Mining Company - Harquahala Mine Project operation has been found to meet the applicable requirements of the Mined Land Reclamation Act and the Rules and plan approval criteria as established under A.R.S. Title 27, Chapter 5, 27-971. The site is located approximately 8 miles south of Salome, La Paz County, Arizona, within Sections 15, 16, 21-23, 27 and 28, Township 4 North, Range 13 West, of the Gila and Salt River Baseline and Meridian. The site is accessed via Harquahala Mine Road and Hovatter Road from Interstate 10."

Currently, many reputable analysts are notably bullish on investment in gold for 2020. Daniel Ghali of TD Securities, said, “Over the coming years as the likelihood of unconventional policies become more of a reality, I could see a case for gold at $2,000.” This sentiment is being echoed by Gerald Celente, a senior publisher of The Trends Journal. Mr. Celente stated, "Attributing to the recent rally is loose monetary policies around the world, there are chances gold is going to spike for the $2,000 mark...It's the safe-haven asset.”

Alan M. Brown, President and CEO of TMBXF, stated, "We are extremely pleased to have received the approval from the State Mining Inspector; it is an important milestone in the Bonanza Project. 2020 will be an exciting year for Tombstone and our shareholders as operations continue to progress.”

- Source, Yahoo Finance