Mansfield-Martin Exploration Mining, Inc. (OTC: MCPI)
Breaking News
January 4, 2018
MANSFIELD-MARTIN EXPLORATION MINING, INC. ANNOUNCES PAYMENT ARRANGEMENT WITH
SILVERBACK CRYPTO-CURRENCY
Company to provide payments for Mine Run Program through Qu Ltd. ICO.
Tombstone, Arizona – January 4, 2018 - Mansfield-Martin Exploration
Mining, Inc. (OTC: MCPI)
announced today that it has expanded its preliminary arrangement with Qu Ltd.
Mansfield-Martin previously agreed to provide up to 5 million oz. silver doré
to Qu, Ltd. to support the Silverback ICO. Joint Venture owners in the Mine Run
Program will now have the option of taking returns in Silverbacks, Qu Ltd.’s
current ICO, as well as doré or US currency.
The Silverback is a cooperative decentralized crypto coin running on the
Ethereum block chain. Qu Ltd. will offer 5,000,000 coins, each backed by 1 oz.
of .999 silver. Pricing for Silverbacks will be exclusively in Ether, and set at
a sliding discount to spot silver pricing: 50% over the first 10 days; 25% over
the second 10 days; 10 % over the third 10 days; and 5% over the fourth 10 days.
The ICO has a term of 60 days; thereafter, Silverbacks will be priced by
traditional auction/bid-ask methods. If less than 75% of the Silverbacks are
purchased, all funds will be returned to subscribers.

Mansfield-Martin’s Mine Run Program covers processing of approximately 165,000
tons of previously mined and unprocessed materials on four historic mine sites
in the Tombstone Mining District. Preliminary estimates are for upwards of $55
million in silver, gold and other metals to be produced from these deposits. The
company anticipates delivery of its portion of the silver production to Qu, Ltd.
in accordance with the parties’ streaming agreement, with a portion of the
payment in Silverbacks. The other parties in the joint venture can now elect the
same crypto-currency payment option.
About Mansfield-Martin Exploration Mining, Inc.
Mansfield-Martin Exploration Mining, Inc. is principally engaged in a variety of
mining activities on owned and claimed property in Arizona’s Tombstone Mining
District, a historically prolific zone of silver and gold production.
Mansfield-Martin is an SEC-Reporting company, and has approximately 335 million
shares issued and over 200 shareholders. Additional information can be found at
www.mansfieldmartin.com or in its SEC filings at
https://www.sec.gov/cgi-bin/browse-edgar?company=Mansfield-martin&owner=exclude&action=getcompany
.
Safe Harbor Statement
This press release contains information that constitutes forward-looking
statements made pursuant to the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995. All statements, trends, analysis, and other
information contained in this press release including words such as
"anticipate," "believe," "plan," "estimate," "expect," "intend," and other
similar expressions of opinion, constitute forward-looking statements. Any such
forward-looking statements involve risks and uncertainties that could cause
actual results to differ materially from any future results described within the
forward-looking statements. Risk factors that could contribute to such
differences include those matters more fully disclosed in the Company's reports
filed with the Securities and Exchange Commission. The forward-looking
information provided herein represents the Company's estimates as of the date of
the press release, and subsequent events and developments may cause the
Company's estimates to change. The Company specifically disclaims any obligation
to update the forward-looking information in the future. Therefore, this
forward-looking information should not be relied upon as representing the
Company's estimates of its future financial performance as of any date
subsequent to the date of this press release.
Contact:
Corporate Services
Mansfield-Martin Exploration Mining, Inc.
Information@mansfieldmartin.com
1137 Highway 80 East
P.O. Box 1218
Tombstone, Arizona 85638
SOURCE Mansfield-Martin Exploration Mining, Inc.
Mansfield-Martin Exploration
Mining, Inc. Announces Finance Plans
Company to Joint Venture for development/expansion funds
Tombstone, Arizona – Dec. 12, 2018 - Mansfield-Martin Exploration
Mining, Inc. (OTC: MCPI)
announced today development plans for its mining properties in central Idaho and
Arizona. Mansfield-Martin’s properties, covering patented deeds along with
federal and state claims, are located on, or on a favorable trend to,
historically productive mine sites. Mine run in surface dumps shows commercial
value and can be inexpensively processed from the patented property to fund
future development. Mansfield-Martin will contribute its interest in the
property, and is negotiating with finance partners in Vienna (Austria), New York
and Atlanta who will commit up to $3 million for preliminary fieldwork, claim
extensions, and to begin processing a portion of the mine run from past
workings.

John T. Bauska, President and Chairman of Mansfield-Martin, stated, “This will
be a great deal for us. These properties are special, and we’ll involve several
excellent partners with experience funding developmental mining properties and
claims. We should be in production within 90 days after the thaw in March or
April 2018, and we'll have all winter to arrange equipment and manpower. As
we’ll go in Tombstone, leveraging the production from mine runs gives us the
capital to reopen and build on previous deeper workings.”
About Mansfield-Martin Exploration Mining, Inc.
Mansfield-Martin Exploration Mining, Inc. is principally engaged in a variety of
mining activities on owned and claimed property in Arizona’s Tombstone Mining
District and in Idaho, both in historically prolific silver and gold production
areas. Mansfield-Martin is an SEC-Reporting company, and has approximately 335
million shares issued and outstanding and over 2000 shareholders. Additional
information can be found at www.mansfieldmartin.com or in its SEC filings at
https://www.sec.gov/cgi-bin/browse-edgar?company=Mansfield-martin&owner=exclude&action=getcompany.
Safe Harbor Statement
This press release contains information that constitutes forward-looking
statements made pursuant to the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995. All statements, trends, analysis, and other
information contained in this press release including words such as
"anticipate," "believe," "plan," "estimate," "expect," "intend," and other
similar expressions of opinion, constitute forward-looking statements. Any such
forward-looking statements involve risks and uncertainties that could cause
actual results to differ materially from any future results described within the
forward-looking statements. Risk factors that could contribute to such
differences include those matters more fully disclosed in the Company's reports
filed with the Securities and Exchange Commission. The forward-looking
information provided herein represents the Company's estimates as of the date of
the press release, and subsequent events and developments may cause the
Company's estimates to change. The Company specifically disclaims any obligation
to update the forward-looking information in the future. Therefore, this
forward-looking information should not be relied upon as representing the
Company's estimates of its future financial performance as of any date
subsequent to the date of this press release.
Contact:
Corporate Services
Mansfield-Martin Exploration Mining, Inc.
Information@mansfieldmartin.com
1137 Highway 80 East
P.O. Box 1218
Tombstone, Arizona 85638
Source: Mansfield-Martin Exploration Mining, Inc.
Mansfield-Martin Exploration
Mining, Inc. Announces Deal With Silverback Crypto-Currency ICO
Tombstone, Arizona – Nov 20, 2018 - Mansfield-Martin Exploration Mining, Inc.
(OTC: MCPI)
announced today that it has entered into a letter of intent with Qu Ltd. to
provide up to 5 million oz. silver dore´ to back a new crypto-currency offering.
The Silverback is a cooperative decentralized crypto coin running on the
Ethereum block chain. Qu Ltd. will offer 5,000,000 coins, each backed by 1 oz.
of .999 silver. Pricing for Silverbacks will be exclusively in Ether, and set at
a sliding discount to spot silver pricing: 50% over the first 10 days; 25% over
the second 10 days; 10% over the third 10 days; and 5% over the fourth 10 days.
The ICO has a term of 60 days; thereafter, Silverbacks will be priced by
traditional auction/bid-ask methods. If less than 75% of the Silverbacks are
purchased, all funds will be returned to subscribers.

Qu Ltd. has entered into joint ventures with operating mining companies and the
owners of mineralized properties to utilize proprietary extraction and refining
technology for production of up to 5 million oz. silver per year. Provided it
finds sufficient production, Qu Ltd. expects to offer 5 million new coins per
year. Qu Ltd. shares Mansfield-Martin's commitment to environmentally
responsible mining techniques, and has agreed to allocate a portion of its
returns to remediation and habitat recovery. It expects the first 5 million oz.
silver will be hallmarked and warehoused within 12-16 months after the
Silverback ICO closes.
Under the agreement, silver produced from Mansfield-Martin's properties for the
Silverback Non-Revocable Trust will be priced at a 22% discount to spot, with Qu
Ltd. providing Proof-of-Funds or a suitable Letter of Credit prior to
commencement of production. Mansfield-Martin also has the right to obtain
portions of its payments in Silverbacks.
John T. Bauska, President of Mansfield-Martin, stated, "The Silverback ICO
jumpstarts our production cycle. We've allocated the previously mined materials
in surface dumps on a portion of our historical mine sites in the Tombstone
Mining District that are estimated to hold over $65 million in silver, gold and
other metals -- that's a big part of Qu Ltd.'s requirements for the next couple
of years. We have additional properties we can commit in later periods, if we
don't develop them on our own. If we choose payment in Silverbacks, we can
participate in future market price increases as well."
About Mansfield-Martin Exploration Mining, Inc. Mansfield-Martin Exploration
Mining, Inc. is principally engaged in a variety of mining activities on owned
and claimed property in Arizona's Tombstone Mining District, a historically
prolific zone of silver and gold production. Mansfield-Martin is an
SEC-Reporting company, and has approximately 335 million shares issued and over
200 shareholders. Additional information can be found at www.mansfieldmartin.com
or in its SEC filings at https://www.sec.gov/cgi-bin/browse-edgar?company=Mansfield-martin&owner=exclude&action=getcompany.
Safe Harbor Statement
This press release contains information that constitutes forward-looking
statements made pursuant to the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995. All statements, trends, analysis, and other
information contained in this press release including words such as
"anticipate," "believe," "plan," "estimate," "expect," "intend," and other
similar expressions of opinion, constitute forward-looking statements. Any such
forward-looking statements involve risks and uncertainties that could cause
actual results to differ materially from any future results described within the
forward-looking statements. Risk factors that could contribute to such
differences include those matters more fully disclosed in the Company's reports
filed with the Securities and Exchange Commission. The forward-looking
information provided herein represents the Company's estimates as of the date of
the press release, and subsequent events and developments may cause the
Company's estimates to change. The Company specifically disclaims any obligation
to update the forward-looking information in the future. Therefore, this
forward-looking information should not be relied upon as representing the
Company's estimates of its future financial performance as of any date
subsequent to the date of this press release.
Contact:
Corporate Services
Mansfield-Martin Exploration Mining, Inc.
Information@mansfieldmartin.com
1137 Highway 80 East
P.O. Box 1218
Tombstone, Arizona 85638
Source: Mansfield-Martin Exploration Mining, Inc.
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About Mansfield-Martin Exploration Mining, Inc.:
Operations
Mansfield-Martin is managed by a highly qualified board of directors with the
day to day direction of Chairman & CEO J. T. Bauska and Operations by J. H.
Escapule.
Capitalization
Mansfield-Martin is an SEC-reporting company (ex-MCPI, Inc.). Please review the
Company's filing by Clicking Here for information concerning its capitalization,
financial condition and other important matters. The Company's common stock
trades in the OTC market.
Project & Development
Mansfield-Martin intends to develop its acreage by recovery of known precious
metals from in excess of 250,000 tons of already mined material and deep mining
of existing high-grade ore deposits, including re-entry of existing shafts with
modern technology and equipment.
During Phase I, Mansfield-Martin will harvest already mined material, which is
now commercially viable due to current market prices and enhanced processing
methods. Estimates are that approximately $75 million in silver and gold can be
recovered from these materials, and operations can commence under current
permitting as soon as equipment can be acquired and put to use.
Simultaneously Mansfield-Martin will initiate Phase II, reopening the historic
deep mines of Tombstone, which commenced production in the late 1870's and have
been inactive since the early 20th Century. Upon obtaining necessary permits and
arranging equipment and power, Mansfield-Martin plans to drive a new main
decline, accessing miles of horizontal tunnels already in place, with
ventilation shafts, and then proceed with traditional stope mining by demolition
and recovery from alternating levels of the existing mines. Historical
production figures are only somewhat reliable, but consensus numbers all exceed
$850 million from the Tombstone Mining District, at current prices.
Recent estimates based upon scientific site analysis and assays are that only
approximately 25% of the marketable ore has been produced, leaving a vast
resource to develop. At least one Certified Professional Geologist has opined
that the value of resources in the District will exceed the recovery from Bisbee
and Tombstone Mining Districts combined, in excess of $20 billion. The mines
were adequately constructed and shored, with well-documented engineering, but
modern equipment permits far more efficient recovery and larger stopes, allowing
for Mansfield-Martin’s alternating level mining
plan. In addition, many tunnels were back-filled when closed as a safety
precaution; the material used to fill is low to moderate-grade ore, and is
commercially viable to process at current market prices. Phase III will
concentrate on additional acreage in Mansfield-Martin’s portfolio, including the
western portion of the District and Ground Hog claims, contains similar existing
deep mines of uncertain condition and large deposits of medium- to high-grade
ore within a reasonable depth from the surface; these properties should these be
amenable to similar enhanced mining techniques, dependent on the outcome of a
comprehensive drilling and testing program and “fill-in” work on the existing
mineralization grid.
Tombstone Yesterday & Today
Silver and other precious metals were discovered in the Tombstone Mining
District in the late 1850s, and first mined in the late 1870s. Tombstone boomed,
and by the 1890s, nearly 200 stakeholders mined separate claims in the District.
There were a few large mines, including the Contention and Tough Nut, but most
development was on claims sold by the square foot to owner-operator crews of two
or three. Although many individual fortunes were made, large scale development
was limited by the competing interests of numerous small holders, and their
restricted access to capital.
Significant mining operations practically ceased before WWI due to declining
silver prices and a series of financial panics. Cornish steam pumps brought in
to allow mining of exceptionally rich silver deposits below the water table
failed regularly. Subsequently, the U.S. exited the silver standard, driving
silver prices down even further. Over 260,000 oz. of gold and 32.5mm oz. of
silver were processed in the District during the period ending in 1923, along
with commercial quantities of lead, zinc and copper. Geologists calculate that
only approximately 25% to 40% of the available reserves have been mined from
existing mines, leaving mineralization with estimated values of up to $5b. No
reliable estimates are available for the deeper, below-the-water table
mineralization, which could exceed these amounts. Furthermore, assays of
scattered drill core tests reveal substantial shallow ore bodies and some
alluvial placer deposits in the western portion of the District. At least one
geologist contends the entire District contains precious metals equal to those
taken from the Bisbee Mining District, which have exceeded $16b at current
values.
SOURCE: http://www.mansfieldmartin.com/
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