Tombstone, AZ, Feb. 21, 2018 -- Mansfield-Martin Exploration Mining, Inc. (OTC PINK: MCPI) announced today its joint venture agreement with Westgrove Partners, LLC to fund the Tombstone Mine Run Program. The Agreement provides for up to $3 million in funding to construct processing facilities on Company-owned property, including crushers, wash plants and power delivery, to harvest precious metals from previously mined, unprocessed materials. The Program covers approximately 165,000 tons of unprocessed materials from four historically productive mine sites, including the Solstice and Ace in the Hole. Separate agreements provide refusal rights for mine run deposits on other Company property. Mansfield-Martin will manage site development and operations, and Westgrove and its partners will share in profits from processing activities. Preliminary testing shows silver and gold concentrations in the JV materials estimated at $55 million.
Vic Martin, Development Director for Westgrove, stated, “We’re looking forward to working with Mansfield-Martin on these properties. These materials are already above ground – this is less about mining for precious metals and more about harvesting -- so we’ve minimized significant risks. We should be in production within 120 days after funding, and if this works as expected we expect to exercise our rights on other deposits soon thereafter.”
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 359 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. [email protected] 1137 Highway 80 East P.O. Box 1218 Tombstone, Arizona 85638


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