Gold American Mining Corp. Changes Name to Inception Mining Inc., Begins Trading Under New Ticker Symbol: IMII
Inception Mining Inc., formerly Gold American Mining Corp., today announced a new corporate identity and also announced that its common stock has begun trading under a new ticker symbol on the over-the-counter bulletin board. On February 25, 2013, the Company acquired certain real property and the associated mineral rights commonly known as the U.P. and Burlington Gold Mine in Lemhi County, ID. UP & Burlington’s two gold mining claims were brought to patent in 1900, which covers the Mine’s 40 acres. Subsequently, in 1989, a U.S. Forest Survey was performed on the UP & Burlington site confirming that the patented claims cover an area which is six hundred feet by three thousand feet (600’x300′). The Mine’s patented claims remove the challenges associated when working on U.S. Forest lands, Bureau of Land Management, state or other property types. With the purchase of UP & Burlington, the company has the benefit or working on private land.