Inception Mining Inc. Announces Completion of Access and Onsite Roads With Initial Ore Extraction at Its UP and Burlington Pr...
28 August 2014 - 11:48PM
INCEPTION MINING INC. (OTCQB:IMII) ("Inception" or the "Company")
is pleased to announce completion of Phase I operations at its UP
and Burlington Mine.
The Company is pleased to announce the substantial completion of
all necessary roadways, access, portal development, and the initial
extraction of ore for its bulk sampling program. Michael Ahlin, the
Company's CEO stated that" field operations were commenced as
planned and that work has progressed better than expected, thanks
to the tremendous 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 began initial extraction and
stockpiling of ore." The company intends to classify and stockpile
sufficient ore in preparation for shipment next month to our
contract processing facility. Concurrent with the bulk sampling
which hopefully will yield positive revenue, the company will
continue its assay work on the exposed structure and proposes to
reopen two existing adits allowing entry and sampling. With the
results of the processing and assay work, we intend to expand our
43-101 report to a compliant reserve analysis supporting our
original technical analysis of several hundred thousand ounces of
recoverable gold.
The UP and Burlington is a historically proven operation with a
surface exposed vein of high-grade ore, that allowed immediate
access with minimal overburden removal. The Company intends to
extract significant ore from the surface operation concurrent with
a near 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
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 84107
http://www.inceptionmining.com
Michael Ahlin, CEO
(801) 312-8113 Ext. 102