Inception Mining Announces the Release of NI 43-101 Technical Report on its U.P. and Burlington Properties
November 25 2013 - 11:00AM
Inception Mining Inc. (OTCQB:IMII) ("Inception" or the "Company")
announced today it has received a Technical Report prepared by
Brian T. Brewer, CPG, on the Company's two patented mine claims,
the U.P. and Burlington mines ("UP & Burlington"), located near
Salmon, Idaho. The National Instrument 43-101 report
now presents all historical resource data in a compliant
format. The Company expects to receive its final permanent
access road permit from the Department of Agriculture United States
Forest Service in January 2014, which would be the last step
prior to the Company's commencement of bulk sampling and further
resource evaluation. The initial bulk sampling program will be
conducted from the surface exposed vein. Concurrent with the
surface mining activity, the Company will commence a
combined assay program including surface drilling and underground
sampling from the to-be-reopened adits. Management believes
the historical data and the Company's recent assay and
metallurgical work are critical steps in seeking to generate a
positive revenue stream associated with the bulk sampling. If
the Company receives a favorable resource analysis, it will seek to
commence an underground mining operation.
UP & Burlington was the initial mineral resource
supporting the basis for the Company's formation. The
Company has since contracted for the potential purchase of
over 16,000 acres of mineral rights in Northern Nevada owned by
Crawford Cattle Company. Please feel free to review the
Company's previous Press Releases, its website at
http://inceptionmining.com/ and/or the Company's filings with the
Securities and Exchange Commission for further details. The
Company is currently assessing additional potential acquisitions,
but will continue to focus the majority of its efforts on bringing
the UP and Burlington mining claims to production next season.
About Inception Mining Inc.
We are a minerals resource company engaged in the
acquisition, exploration, and development of primarily gold related
properties. Our primary target properties are those that have
been the subject of historical exploration having
significant supporting data.
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
property. There can be no assurance statements will prove to be
accurate and actual results and future events could differ
materially from anticipated in such statements.
Inception Mining Inc. disclaims any intention or obligation to
update or revise any forward-looking statements whether as a result
of new information, future events except as required by applicable
securities legislation.
CONTACT: 5320 South, 900 E. Suite 260
Salt Lake City, Utah 84106
Michael Ahlin, CEO
(801) 312-8113 Ext. 10
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