Inspiration Mining Corporation
TSX : ISM
FRANKFURT : OI8

Inspiration Mining Corporation

May 31, 2006 10:30 ET

Inspiration Continues to Intersect Nickel

TORONTO, ONTARIO--(CCNMatthews - May 31, 2006) - Inspiration Mining Corporation (the "Corporation") (TSX VENTURE:ISM)(FWB:OI8) is pleased to announce the results of the continuation of their diamond drilling program on its Langmuir Project, located in Langmuir Township south of Timmins, Ontario. The Langmuir Property consists of 69 unpatented contiguous mining claim units covering approximately 1090 hectares in the north-central portion of Langmuir Township, Porcupine Mining Division, District of Cochrane, Ontario. The property is approximately 25 km southeast of Timmins, Ontario, and hosts the past producing Langmuir No.1 Mine, and majority of the past producing Langmuir No. 2 Mine.

The following assay results of drill hole L105-4 at the former Langmuir No.1 Mine have been received, compiled and condensed to the following:



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Core True Core True Weighted
Drill Zone From To Length Width Length Width Average
Hole (m) (m) (m) (m) (ft) (ft) Ni (%)
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L105-4 Z1, Z2
and Z3 115.25 169.79 54.54 38.70 178.94 126.97 0.510
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Z1 115.25 118.42 3.17 2.25 10.40 7.38 0.362
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Z2 121.21 143.33 22.12 15.70 72.57 51.49 0.455
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contains 121.21 130.75 9.54 6.77 31.30 22.21 0.616
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137.00 143.33 6.33 4.49 20.77 14.74 0.566
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or 140.56 142.60 2.04 1.45 6.69 4.75 0.703
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Z3 149.50 169.79 20.29 14.40 66.57 47.24 0.698
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which
contains
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Z3-A 149.50 154.00 4.50 3.19 14.76 10.48 0.265
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Z3-B,C
and D 157.35 169.79 12.44 8.83 40.81 28.96 1.009
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Z3-B 157.35 163.34 5.99 4.25 19.65 13.94 1.106
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or 159.75 163.34 3.59 2.55 11.78 8.36 1.374
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Z3-C 163.34 167.30 3.96 2.81 12.99 9.22 0.712
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Z3-D 167.30 169.79 2.49 1.77 8.17 5.81 1.246
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or 169.02 169.79 0.77 0.55 2.53 1.79 2.682
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1% nickel equals 22 lbs


Drill hole L105-4 was drilled on at azimuth N304 degrees E with collar dips of -54.5 degrees at coordinates 3,400ft north and 10,435ft east (mine grid coordinates) or Inspiration's grid coordinates of 12+95m north and 22+86m east and at the same location as previously released drill hole L105-3. The drill hole intersected the down dip and down plunge extension of the Langmuir No. 1 - East Zone Z3 portion, from approximately 29.4m (96.3 ft) above to 45.9m (150.6 ft) below the 315 foot underground level on Section 3400N.

L105-4 was drilled to confirm previous historical drilling in hole 30734 that indicated 0.560% Ni over 20ft (6.096m) of Zone Z2 and 0.735% Ni over 5.0 feet (1.52m) of Zone Z3; underneath historical hole 76.9 that contained 2.47% Ni over 40.5ft (12.34m) and historical hole 30727, which contained 0.943% Ni over 17.5ft (533m) and 1.735% Ni over 60.0ft (18.29m).

The nickel bearing sulphide mineralization, with estimations ranging from 5% to 7% fine grained disseminatations up to massive 100% sulphides, is contained within serpentenized komatiitic ultramaftic extrusive flows with occasional spinifex texture.

The assaying technique used is the industry standard for base metal assaying, which uses nitric and hydrochloric acids that extracts nickel only from sulphide mineralization and not from nickel silicate minerals.

The assaying of split core samples was conducted by Swastika Laboratories, and included the insertion of blanks and standards. The Qualified Person in charge of the Langmuir Project and the person who prepared the technical data in this release is Kian Jensen, B.Sc., P.Geo. (Ont).

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

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