INCEPTION MINING Inc. Announces Historical High Production
September 12 2016 - 10:00AM
Marketwired
INCEPTION MINING Inc. Announces Historical High Production
SALT LAKE CITY, UT-(Marketwired - Sep 12, 2016) - INCEPTION
MINING INC. (OTCQB: IMII) ("Inception" or the "Company") announces
that 2016 year-to-date production at its Cerros del Sur operation
in Honduras has exceeded 2015 total production.
The Cerros del Sur operation continues to make improvements in
operations and recovery, along with expanding its ore resources.
Mine management has secured additional mineable properties on its
concession and several adjacent landowners have now placed the
surface rights of their lands under contract with the mine. Though
coming into the rainy season, we still expect to show a gain over
2015 production, marking the best year in the mine's history. The
recovery rate for gold has averaged 1.69 grams per ton through
August 2016.
The Cerros del Sur operation operates as a subsidiary of Clavo
Rico Ltd., itself a wholly-owned subsidiary of the Company, having
positive revenue and significant resources. Its mining concessions
include several historical underground operations dating back to
the early Spanish occupation. The operating entity is engaged in
processing a historical tailings body of less than two grams per
ton, along with several open pit ore bodies of three to six grams
per ton, utilizing a new 650,000-ton membrane lined leach system
and ADR recovery plant.
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 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.
SOURCE: Inception Mining Inc. (OTC QB: IMII) 5330 South 900
East, Suite 280 Salt Lake City, Utah 84117
Contact Information
Michael Ahlin CEO (801) 312-8113 Ext. 102
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