INCEPTION MINING INC. Commences NI 43-101 Resource
September 26 2016 - 10:20AM
Marketwired
INCEPTION MINING INC. Commences NI 43-101 Resource
SALT LAKE CITY, UT-(Marketwired - Sep 26, 2016) - INCEPTION
MINING INC. (OTCQB: IMII) ("Inception" or the "Company") announced
today that it has engaged Precision GeoSolutions LLC to complete a
mineral resource estimate and NI 43-101 technical report for its
Cerros del Sur operation in Honduras, the principal operation of
the Company's wholly-owned subsidiary, Clavo Rico Ltd.
The Company, through its subsidiaries, embarked on a drilling
program to investigate the properties following a merger with Clavo
Rico Ltd. in October 2015. The results indicate a sulfide-based ore
body, overlaid by an oxide ore zone. Significant resource data is
available, including analytical results for over 70 drill cores and
numerous surface samples. Analysis of newly-drilled cores is also
in-progress for assimilation into the 43-101 report.
Precision GeoSolutions LLC is a geologic consulting firm headed
by J. Brian Mahoney, Ph.D. Dr. Mahoney has extensive academic and
industry experience - more than 25 years - in geologic mapping,
stratigraphic and structural analyses, and mineral exploration in
the western United States, Canada, Mexico, Argentina, and Ethiopia.
Dr. Mahoney will use his experience to provide a detailed geologic
analysis and resource evaluation of the Clavo Rico project.
Michael Ahlin, the Company's CEO, stated, "The Clavo Rico
operation is in full production and operating pro forma. Review of
resource data shows that the completion of the 43-101 resource
estimate is the next crucial step to our overall valuation."
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
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 or future events, except as required by
applicable securities legislation.
Contact Information
SOURCE: Inception Mining Inc. (OTC QB: IMII) 5330 South 900 East
Suite 280 Salt Lake City, Utah 84117 Michael Ahlin CEO (801)
312-8113 Ext. 102 www.inceptionmining.com
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