SALT LAKE CITY, Jan. 09, 2017 -- Inception Mining Inc. is pleased to report the twelfth drill hole in the CMCS drill program (“CMCS-12”), completed at the recently-acquired property adjacent to the Clavo Rico mine site, has encountered gold-bearing oxide content. The property and mine site are located within the town of El Corpus, in the Choluteca department of Honduras.
CMCS-12 was explored to a depth of 50 meters, through which crews drilled to find a heavily oxidized andesitic tuff which hosts a web of iron-, quartz-, and adularia-filled fractures and veins. These fractures and veins are the gold-bearing aspect of the rock. The average grade for the entire hole is 1.55 grams per ton, with the area between meters 6 and 22.5 averaging 2.08 grams per ton. The table below highlights the grade findings resulting from the CMCS-12 exploration. The rock in this section is more oxidized, especially with limonite, and hosts more significant veining than previous drill holes. These fractures and oxides will allow for easier and faster crushing and leaching through our on-site cyanide leach pad.
This hole indicates that Clavo Rico mine has the potential for a sizable extension to its current open pit, located approximately 20 meters due east of CMCS-12.
| Clavo Rico 2016 Assay Details | ||||
| Hole | From (m) | To (m) | Length | Grade (g/t) |
| CMCS-12 | 0 | 50 | 50 | 1.55 |
| Including | 6 | 22.5 | 16.5 | 2.08 |
| Within which | 12 | 22.5 | 10.5 | 2.25 |
| Within which | 16.5 | 19.5 | 3 | 2.54 |
About Inception Mining Inc.
We are a producing 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.
(OTC QB:IMII) 5330 South 900 East, Suite 280 Salt Lake City, Utah 84117 Trent D’Ambrosio - CEO (801) 312-8113 Ext. 101


TSMC Eyes 3nm Chip Production in Japan with $17 Billion Kumamoto Investment
FDA Targets Hims & Hers Over $49 Weight-Loss Pill, Raising Legal and Safety Concerns
Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch
Tencent Shares Slide After WeChat Restricts YuanBao AI Promotional Links
Nvidia Nears $20 Billion OpenAI Investment as AI Funding Race Intensifies
Prudential Financial Reports Higher Q4 Profit on Strong Underwriting and Investment Gains
Rio Tinto Shares Hit Record High After Ending Glencore Merger Talks
Anthropic Eyes $350 Billion Valuation as AI Funding and Share Sale Accelerate
Uber Ordered to Pay $8.5 Million in Bellwether Sexual Assault Lawsuit
Australian Scandium Project Backed by Richard Friedland Poised to Support U.S. Critical Minerals Stockpile
Once Upon a Farm Raises Nearly $198 Million in IPO, Valued at Over $724 Million
OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering
Ford and Geely Explore Strategic Manufacturing Partnership in Europe
Baidu Approves $5 Billion Share Buyback and Plans First-Ever Dividend in 2026
Nintendo Shares Slide After Earnings Miss Raises Switch 2 Margin Concerns
SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off
SpaceX Pushes for Early Stock Index Inclusion Ahead of Potential Record-Breaking IPO 



