|Clavo Rico 2016 Assay Details|
|Hole||From (m)||To (m)||Length||Grade (g/t)|
SALT LAKE CITY, Nov. 17, 2016 (GLOBE NEWSWIRE) -- Inception Mining Inc. (OTC QB:IMII) is pleased to report that a recently-completed drill program has demonstrated evidence that a gold-bearing oxide-sulfide transition zone underlying the currently-in-production oxide zone is a viable new source for investigation. This program consisted of 12 drill holes comprising 492.2 meters (1614.83 feet) located in Southern Honduras, on the 200 hectare Clavo Rico concession owned by Inception Mining. A portion of the results of the program are summarized in the "Clavo Rico 2016 Assay Details" table included here. Hole CMCS-09 was able to return an assay value averaging 1.99 g/t within a 19.50 meter section. Notably within this unit are 1mm - 2cm iron veinlets and fractures occurring frequently throughout the unit. The vein system has seen results upwards of 108 g/t in previous drill programs (03-CR-05, @ 72m - 74Am).
Another example of these fractures can be found in the oxidized material found on CMCS-03, from 1.3m - 5.8m. This 4.5m section has a grade of 2.02 g/t.