Tombill Mines Ltd. Stock Analysis TBLL.V

Tombill Mines Ltd. engages in mineral exploration activities primarily of gold. The company is headquartered in Toronto, Ontario. The company went IPO on 2011-06-28. The firm owns two of the 10 past-producing mines in the Geraldton gold district, four claim groups, of which three are situated in the Geraldton gold district of north-central Ontario (about 225 kilometers (kms) NE of Thunder Bay). Its projects include Tombill Main Group and Tombill Original Group. Its holdings comprise approximately 74 royalty-free mining claims (60 fully owned patented claims, five leases and nine mineral rights). Of these, the 51- patented claim Main Group is in the center of the Geraldton Gold District and straddles the Trans-Canada Highway; the five-claim Ellis Group lies four kms south of the town of Geraldton, and the original Tombill Mine group of six-patented claims (262.60 acres) sits 10 kms west-southwest of Geraldton. The property is readily accessible from the Trans-Canada Highway and is around 11.3 kms west of Geraldton and the Greenstone Mine.