Inspiration Mining Corporation
TSX : ISM
FRANKFURT : OI8

Inspiration Mining Corporation

December 03, 2007 11:41 ET

Inspiration Intersects 1.021% Ni Over 7.43m or 24.38ft and 2.374% Ni Over 2.38m or 7.81ft Containing 5.765% Ni Over 0.54m or 1.76ft (True Width)

TORONTO, ONTARIO--(Marketwire - Dec. 3, 2007) - Inspiration Mining Corporation (the "Corporation") (TSX:ISM)(FRANKFURT:0I8) 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.

Inspiration is continuing the drilling at the Langmuir Project - Langmuir No.1 Mine. The detail fill-in drill program is designed to complete the definition of the nickel bearing mineralization below the 300-foot mine level to a vertical depth of approximately 900 feet below surface.

The following assay results for drill holes L107-76 to L107-78 at the former Langmuir No.1 Mine have been received, compiled and condensed to the following:



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Drill From To (m) Core True Core True Weighted
Hole (m) Length Width Length Width Average
(m) (m) (ft) (ft) Ni (%)
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L107-76 158.50 161.30 2.80 1.84 9.19 6.04 0.247
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and
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220.67 232.00 11.33 7.43 37.17 24.38 1.021
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and contains
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221.60 225.50 3.90 2.56 12.80 8.40 1.392
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226.38 228.80 2.42 1.59 7.94 5.22 1.439
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L107-77 34.00 35.90 1.90 1.46 6.23 4.79 0.282
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and
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85.70 86.70 1.00 0.77 3.28 2.53 0.444
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and
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131.00 132.08 1.08 0.84 3.54 2.76 0.690
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L107-78 121.00 131.00 10.00 6.69 32.81 21.95 0.549
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and contains
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125.00 131.00 6.00 4.01 19.69 13.16 0.784
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with 128.00 130.00 2.00 1.34 6.56 4.40 1.558
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and
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145.57 149.12 3.55 2.38 11.65 7.81 2.374
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with 147.65 148.32 0.67 0.45 2.20 1.47 2.875
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148.32 149.12 0.80 0.54 2.62 1.76 5.765
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The following table indicates the drill information for the Langmuir No. 1
Mine drill holes:

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Drill Hole Grid Grid Dip Azimuth Section Section Length
Northing Easting (Geodetic) Northing Easting (m)
(metres) (metres) (feet) (feet)
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L107-76 1353.93 2363.14 -64.90 303.60 3646.78 10649.30 287.94
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L107-77 1349.31 2299.89 -55.50 304.40 3598.68 10446.85 188.00
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L107-78 1349.24 2300.28 -63.57 303.45 3598.67 10448.15 170.00
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Drill hole L107-76 was drilled underneath previously released drill holes L107-56 and L107-57 and is approximately 205 feet down dip of drill hole L107-57. The higher grade nickel mineralization from 220.67m to 232.00m is located at the contact between the mafic to felsic calc alkali metavolcanics and komatiitic ultramafic metavolcanics.

Drill holes L107-77 and L107-78 were located at the same setup approximately 50 feet south and 200 feet west of L107-76 and are between previously released drill holes L106-15 and L106-16. Hole L107-77 was approximated 71 feet down dip and parallel to L106-15 and has indicated the approximate boundary of nickel mineralization above the 200 foot level in the northern portion of the mine area.

Drill hole L107-78 inserted a low-grade nickel mineralization on the 200 foot level. The remaining zones of nickel mineralization are approximately 30 feet down dip from previously released drill hole L106-16 and approximately 58 feet up dip from previously released drill hole L107-24. The high grade nickel mineralization from 145.57m to 149.12m is located at the contact between the mafic to felsic calc alkali metavolcanics and komatiitic ultramafic metavolcanics.

The nickel bearing sulphide mineralization, with estimations ranging from 1% to 20% 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 has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Contact Information

  • Inspiration Mining Corporation
    Randy Miller
    President
    (905) 853-7400
    Website: www.inspirationmining.com
    or
    Gale Capital Corporation
    Investor Relations
    (604) 221-7604
    (604) 221-7606 (FAX)