IMII , Inception Mining .... A real deal Incept
Post# of 98042
Posted On: 09/05/2014 7:28:11 PM
IMII , Inception Mining .... A real deal
Inception Mining Inc. Press Release
Inception Mining Inc. Announces
Completion of Access and Onsite Roads and Initial Ore Extraction at its U.P. and Burlington Mining Properties
SALT LAKE CITY, UTAH. August 28, 2014 -- INCEPTION MINING INC. (OTCQB: IMII) ("Inception" or the "Company"
is pleased to announce the completion of Phase I of the Company's operations at its U.P. and Burlington patented mining claims ("UP and Burlington" .
The Company has substantially completed all necessary roadways, access, portal development and has also commenced the initial extraction of ore for its bulk sampling program. Michael Ahlin, the Company's CEO, stated, "Our field operations were recently commenced as planned and we are pleased with the progress that has been made thanks to the significant efforts of our team and site subcontractor. We have now developed all onsite and offsite roadways, uncovered the ore body for a significant length and have begun the initial extraction and stockpiling of this ore." The Company intends to classify and stockpile sufficient ore in preparation for shipment next month to its contract processing facility. Concurrent with the bulk sampling program, which Inception hopes will yield positive revenue, the Company will continue its assay work on the exposed structure and proposes to reopen two existing adits in order to allow entry and sampling. Subject to the results of the processing and assay work, the Company intends to expand its 43-101 report to a compliant reserve analysis supporting the Company's original technical analysis and conclusion of several hundred thousand ounces of recoverable gold, of which there can be no guarantee.
UP and Burlington is a historically proven operation with a surface exposed vein of high-grade ore, which allowed immediate access with minimal overburden removal. The Company hopes to extract ore from the surface operation and initiate a future underground operation.
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, future events except as required by applicable securities legislation.
SOURCE: Inception Mining Inc.
(OTCQB: IMII)
5320 South, 900 E. Suite 260
Salt Lake City, Utah 84107
Michael Ahlin, CEO
(801) 312-8113 Ext. 102
http://www.inceptionmining.com
Inception Mining Inc. Press Release
Inception Mining Inc. Announces
Completion of Access and Onsite Roads and Initial Ore Extraction at its U.P. and Burlington Mining Properties
SALT LAKE CITY, UTAH. August 28, 2014 -- INCEPTION MINING INC. (OTCQB: IMII) ("Inception" or the "Company"
is pleased to announce the completion of Phase I of the Company's operations at its U.P. and Burlington patented mining claims ("UP and Burlington" . The Company has substantially completed all necessary roadways, access, portal development and has also commenced the initial extraction of ore for its bulk sampling program. Michael Ahlin, the Company's CEO, stated, "Our field operations were recently commenced as planned and we are pleased with the progress that has been made thanks to the significant efforts of our team and site subcontractor. We have now developed all onsite and offsite roadways, uncovered the ore body for a significant length and have begun the initial extraction and stockpiling of this ore." The Company intends to classify and stockpile sufficient ore in preparation for shipment next month to its contract processing facility. Concurrent with the bulk sampling program, which Inception hopes will yield positive revenue, the Company will continue its assay work on the exposed structure and proposes to reopen two existing adits in order to allow entry and sampling. Subject to the results of the processing and assay work, the Company intends to expand its 43-101 report to a compliant reserve analysis supporting the Company's original technical analysis and conclusion of several hundred thousand ounces of recoverable gold, of which there can be no guarantee.
UP and Burlington is a historically proven operation with a surface exposed vein of high-grade ore, which allowed immediate access with minimal overburden removal. The Company hopes to extract ore from the surface operation and initiate a future underground operation.
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, future events except as required by applicable securities legislation.
SOURCE: Inception Mining Inc.
(OTCQB: IMII)
5320 South, 900 E. Suite 260
Salt Lake City, Utah 84107
Michael Ahlin, CEO
(801) 312-8113 Ext. 102
http://www.inceptionmining.com
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