Inspiration Mining Corporation
TSX : ISM
FRANKFURT : OI8

Inspiration Mining Corporation

November 20, 2007 10:00 ET

Inspiration Intersects 1.196% Ni Over 10.04m or 32.94ft, 1.101% Ni Over 17.71m or 58.10ft, and 1.335% Ni Over 7.94m or 26.05ft (True Width) in Three Drill Holes

TORONTO, ONTARIO--(Marketwire - Nov. 20, 2007) - Inspiration Mining Corporation (the "Corporation") (TSX:ISM)(FRANKFURT: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, and 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 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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L107-71 1265.56 2332.25 -57.00 302.58 3344.39 10595.54 257.40
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L107-72 1265.55 2332.42 -60.61 301.35 3344.43 10596.09 285.03
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L107-73 1265.53 2332.58 -65.00 300.57 3344.46 10596.62 301.92
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Drill holes L107-71 to L107-73 were completed from the same drill setup. These holes were planned to continue the zone at depth below previously released drill holes L107-35 and L107-36 on Section 3350 North. Drill holes L107-72 and L107-73 deviated slightly from Section 3350 North southwards to Section 3300 North and outlined a wider high grade nickel mineralization than previously located between and north of L107-22 and L107-23.

Drill hole L107-71 is located approximately 91 feet down dip from previously released drill hole L107-36 or approximately 368 feet down dip from the 315 foot mine level.

Drill hole L107-72 is located approximately 58 feet down dip from drill hole L107-71 and approximately 51 feet down dip and 17 feet north of previously released drill hole L107-22. The zone is located approximately 415 feet down dip of the 315 foot mine level.

Drill hole L107-73 is located approximately 116 feet down dip from drill hole L107-71 and approximately 107 feet down dip and 26 feet north from previously released drill hole L107-22 and approximately 39 feet up dip and 16 feet north from previously released drill hole L107-23. The zone is located approximately 476 feet down dip of the 315 foot mine level.

The following assay results for drill holes L107-71 to L107-73 at the former Langmuir No.1 Mine have been received, compiled and condensed to the following:



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Drill Hole From (m) To (m) Core True Core True Weighted
Length Width Length Width Average
(m) (m) (ft) (ft) Ni(%)
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L107-71 204.10 248.00 43.90 29.37 144.03 96.36 0.671
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and
contains
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209.10 221.00 11.90 7.96 39.04 26.12 0.623
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with 212.30 216.45 4.15 2.78 13.62 9.11 0.803
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218.00 220.00 2.00 1.34 6.56 4.39 0.908
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and 225.00 240.00 15.00 10.04 49.21 32.94 1.196
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with 226.00 228.84 2.84 1.90 9.32 6.24 1.814
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or 226.88 228.37 1.49 1.00 4.89 3.27 2.454
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and 232.00 238.00 6.00 4.02 19.69 13.18 1.502
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or 232.00 235.00 3.00 2.01 9.84 6.59 1.820
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L107-72 224.30 251.30 27.00 17.71 88.58 58.10 1.101
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and
contains
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226.30 233.30 7.00 4.59 22.97 15.07 0.590
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233.30 242.03 8.73 5.73 28.64 18.80 1.704
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234.30 235.30 1.00 0.66 3.28 2.15 2.380
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239.30 240.20 0.90 0.59 2.95 1.94 2.900
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242.03 248.90 6.87 4.51 22.54 14.80 1.358
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242.90 243.80 0.90 0.59 2.95 1.94 2.460
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L107-73 243.00 255.90 12.90 7.94 42.32 26.05 1.335
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and
contains
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243.00 248.35 5.35 3.29 17.55 10.79 2.207
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245.10 246.20 1.10 0.68 3.61 2.22 3.045
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250.92 255.90 4.98 3.07 16.34 10.07 1.033
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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 of the Company
    (905) 853-7400
    Website: www.inspirationmining.com
    or
    For Investor Relations call:
    Gale Capital Corporation
    (604) 221-7604
    (604) 221-7606 (FAX)
    Email: galecapital@shaw.ca