Tombstone Exploration Corporation Acquires 26% Interest in EuroGas AG of Switzerland - Seite 2

Two years ago, EuroGas Inc.'s solicitors officially informed the President of the Slovak Republic of EuroGas' intent to file damage charges against the Slovak Republic and provided the Slovak Republic with the formal "Intent to Arbitrate" seeking damages in the amount of $1.65 billion as published in EuroGas' Press Releases. EuroGas is currently in the process to proceed shortly with International Arbitration (ICSID) against the Slovak Republic within the scope of the Investor Protection Program provided by a Bilateral Investment Treaty (BIT) between the United States of America and the Slovak Republic in front of an independent Tribunal of the World Bank in Washington D.C.

Wolfgang Rauball, Chairman & CEO of EuroGas Inc. and EuroGas AG stated:
"The new Strategic Corporate Agreement between EuroGas Inc. and its 70.2 percent controlled Swiss subsidiary EuroGas AG and Tombstone Exploration Corporation will result in a very strong Corporate Alliance between our Corporations and will strongly enable our common search for a deep seated copper-porphyry deposit as indicated by previous operators, like ASARCO, as well as also indicated by the interest of our claim neighbor in the Tombstone Mining District, Phoenix, Arizona based Freeport McMoran, the largest publicly trading copper-gold producer in the world.

"We are very happy to be able now to develop this exciting copper-gold-silver mining project of TMBXF after EuroGas' own corporate reorganization process in Europe has been successfully finalized, and after the extensive and time-consuming legal preparations of our Paris, France based solicitors regarding our huge damage lawsuit against the Slovak Republic for the illegal 2004 expropriation of our lawful mining rights to our world-class Gemerska Poloma soapstone (talc) deposit are finalized and the commencement of the Arbitration procedures against the Slovak Republic is now well on its way."

Alan Brown, President of TMBXF stated:
"This transaction creates a premier USA-European resource partnership with a substantial European holding company with its portfolio of precious metals, industrial minerals and oil and gas assets."

TMBXF's immediate focus will be executing a drill program on its wholly owned gold targets on the Zebra Property along with updating the plan for the major porphyr targets identified via Geotech Ltd., ZTEM report released in 2011. Of the targets that have been identified, two have precious metal (Gold and Silver) occurrences as "halos" around the properties, which are significant characteristics of porphyry systems. One of these identified structures has been compared by Geotech Ltd. to the Mt. Milligan deposit. These extensive drill programs are to prove a mineable ore body that has been overlooked for generations.