SALT LAKE CITY, June 17, 2013 /PRNewswire/ -- Inception Mining
Inc. (OTC BB: IMII) (the "Company"), today announced the receipt of
a temporary Road Use Permit for the UP and Burlington patented
claims located near Salmon, Idaho.
The UP and Burlington Property is the first in what the Company
hopes to be a series of properties to be acquired by the
Company. The Company has submitted a Plan of Operations
(Plan) to the USFS for construction of an improved access road
(approximately 2600 feet). The Company expects to have
approval of this Plan by midsummer 2013 with completion of the road
shortly after approval is received. This improved access
route will allow the Company to implement their extensive resource
delineation/confirmation program which is designed and intended to
bring the stated historical resource to NI 43-101 compliancy.
This program will consist of further bulk sampling for
metallurgical purposes, underground geological mapping portal
development, and rehabilitation of the historical workings and
testing of newly identified targets recognized by recent geological
mapping. Historical reports as well as numerous recent assay
results, indicate ore grades far exceeding 0.5 oz/ton Gold (Au) and
recoverable amounts of Silver (Ag) are contained in the exposed
veins and structures. Favorable results from this program
will direct the Company to its goal of completion of a small
underground mine plan in 2014.
The Company is focused on identifying certain historical mining
claims that fit strict parameters of proven recoverable grades of
minerals, minimal permitting issues, deeded or protected claims,
access, acquisition costs that fit the Company's profile and
potential refining needs requiring minimal CAPEX or possible toll
processing.
Forward-Looking Statements
This news release includes certain forward-looking statements or
information. All statements other than statements of
historical fact included in this release are forward-looking
statements that involve various risks and uncertainties.
Forward-looking statements in this news release include statements
with respect to the potential mineralization and geological
merits of the Company 's properties, the preparation of one or more
NI 43-101 mineral resource reports and a follow-on preliminary
economic assessment and the timing thereof, and other future plans,
objectives or expectations of the Company. Further information on
our risk factors is contained in our quarterly and annual reports
as filed with the U.S. Securities and Exchange Commission.
Contacts
Cameron Donahue, Hayden
IR
(651) 653-1854
cameron@haydenir.com
SOURCE Inception Mining Inc.