Inception Mining Announces Results of Confirmative Metallurgical Tests Conducted on Ore Samples from its U.P. and Burlington ...
February 19 2014 - 3:30PM
Inception Mining Inc. (OTC QB:IMII) ("Inception" or the "Company")
is pleased to announce the results of confirmative metallurgical
tests conducted on ore samples from the Company's two patented
mining claims, the U.P. and Burlington claims, located near Salmon,
Idaho.
Earlier and preliminary metallurgy testing on lower grade bulk
ore samples indicated that the ore was readily amenable to all
three processing methods evaluated (gravity, flotation and
cyanidation). The results of these initial tests
indicated positive gold and silver recoverability and were based on
a lower grade sample. A second round of metallurgical
testing was recently completed on higher grade bulk ore samples of
vein material from the U.P. and Burlington Property. The
recent testing on higher grade samples confirms the favorable
metallurgy. Brian T. Brewer, the Company's COO and a Certified
Professional Geologist (#11508) and Qualified Person under NI
43-101 ("NI 43-101″) was responsible for preparing and reviewing
the data, as provided by the independent laboratory McClelland Labs
in Reno, Nevada.
The recent metallurgical testing confirms that the bulk ore
samples from the U.P. and Burlington Property is readily amenable
to cleaner flotation processing, which is the preferred recovery
method of Inception and the available processing method from toll
mills located in the region. With the recent metallurgical
testing, Inception has confirmed favorable recoveries on lower
grade, medium grade and higher grade vein material from the UP and
Burlington Property. These tests were conducted on bulk
samples of up to 105 pounds each with individual assay results of
up to 1.44 oz/ton Au. Associated head-grades from these
samples range from 0.149 oz/ton Au to 0.418 oz/ton Au. The
average recoveries on all of the UP and Burlington bulk ore samples
utilizing cleaner flotation processing was 94.6% for gold (Au) and
72.2% for silver (Ag). According to Mr. Brewer, this is a
significant indication of very favorable metallurgy which we
believe further adds to the positive feasibility of the U.P. and
Burlington Property. A final report from McClelland Labs is
pending which will also include results from gravity concentration
and direct agitated cyanidation testing.
About Inception Mining Inc.
We are a minerals resource company engaged in the
acquisition, exploration, and development of primarily gold related
mineral properties. Our primary target properties are those
that have been the subject of historical exploration having
significant supporting data. The Company is currently
assessing additional potential acquisitions, but will continue to
focus the majority of its efforts on bringing the U.P. and
Burlington mining claims to production in the next
season. Mine access and improved road permits necessary for
bulk sampling at the U.P. and Burlington mining claims are awaiting
bond submittal and final signatures, which are expected in the
first Quarter of 2014. The Company intends to commence
extensive resource delineation / confirmation programs upon snow
melt possibly as early as May 2014, which would be designed to
provide early revenue and expand the current NI 43-101
Technical Analysis to a full Reserve Confirmation. This
program would consist of further bulk sampling, geological mapping
(underground and surface), rehabilitation of the historical
workings, a drilling program and testing of newly identified
targets. Historical reports as well as numerous recent assay
results, indicate ore grades exceeding 0.5 oz/ton Gold (Au) and
that recoverable amounts of Silver (Ag) are contained in the
exposed veins.
Please feel free to review the Company's previous Press
Releases, its website at http://inceptionmining.com/, the Company's
filings with the Securities and Exchange Commission for further
details, or contact Inception Mining Inc.
info@inceptionming.com.
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
properties. 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. 102
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