SALT LAKE CITY, UTAH - September 16, 2013 (Investorideas.com Mining stocks newswire) Inception Mining Inc. (OTCQB: IMII) announced today that it has entered into an agreement in principal (the "Agreement") with Crawford Cattle Company ("Crawford") to acquire over 16,000 net acres of mineral rights in Humboldt and Elko Counties, Nevada, approximately 70 miles north of Winnemucca, Nevada. The acreage lies in or is adjacent to the historic Getchell Trend which is part of the property now under contract to be purchased. Assuming the due diligence and other covenants are satisfied, the acquisition is expected to close no later than the second quarter 2014 of which there is no guarantee.
- Published: 15 September 2013
- Written by Investor Ideas