Inspiration Mining Corporation

Inspiration Mining Corporation

November 23, 2007 15:00 ET

Inspiration Purchases NSR

TORONTO, ONTARIO--(Marketwire - Nov. 23, 2007) - Inspiration Mining Corporation (the "Corporation") (TSX:ISM)(FRANKFURT:OI8) is pleased to announce that the Corporation has exercised its option to purchase 2% net smelter return ("NSR") interest on the Langmuir project for an aggregate purchase price of $2 million USD. Of this amount, Adrea Capital Corp., a British Columbia private company owned and controlled by an officer and director of the Corporation, received an aggregate $666,667 for its 0.67% NSR interest. After the purchase of the 2% NSR, the Langmuir project is subject to a 1% NSR interest. The Company feels that the return of this asset to the shareholders dramatically enhances shareholder value. The decision to purchase the 2% NSR interest was made due to the strength of the Canadian dollar as compared to its American counterpart.

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

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