Inspiration Mining Corporation
TSX : ISM

Inspiration Mining Corporation

November 27, 2006 15:45 ET

Inspiration Continues to Open Pit Potential

TORONTO, ONTARIO--(CCNMatthews - Nov. 27, 2006) - Inspiration Mining Corporation (the "Corporation") (TSX VENTURE:ISM) 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 continues drilling the Langmuir Project -- Langmuir No.2 Mine North Zone, which is located from approximately 80m to 536m northeast of the mine shaft. The detail fill-in drill program is designed to complete the definition of the nickel bearing mineralization from sub-surface to a vertical depth of approximately 100 metres.



The following table indicates the drill information for these drill holes:

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Drill Hole Grid Grid Dip Surveyed Section Section Length
Northing Easting Azimuth Northing Easting (m)
(ast)
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LN06-46 3048.01 1918.68 -50.58 299.40 3598.99 137.62 119.20
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LN06-47 3058.39 1900.38 -50.37 299.08 3598.83 116.58 95.30
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LN06-48 3067.41 1884.43 -51.06 298.60 3598.67 98.26 71.30
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LN06-49 3028.73 1899.84 -50.99 301.72 3572.88 130.94 115.97
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LN06-50 3037.49 1886.84 -50.00 303.93 3573.96 115.31 87.15
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LN06-51 3049.22 1869.89 -50.60 307.25 3575.65 94.76 65.05
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Drill holes LN06-46 to 48 inclusively, were completed on Section 3600 North and approximately 21.04m and 18.32m apart respectively. Drill hole LN06-46 is approximately 21.19m from previously released drill holes LN06-44 and LN06-45.

Drill holes LN06-49 to 51 inclusively, were drilled on Section 3575 North and approximately 15.68m and 20.61m apart respectively. Drill hole LN06-49 is approximately 12.03m north and 39.66m west (astronomic distances) of previously released drill holes LN05-6, located between Sections 3575 North and 3600 North, that contained 0.551% Ni over 41.00m (core length) or 36.20m (True Width).

Inspiration have been received, compiled and condensed the assay results for LN06-46 to LN06-51 with additional notations as following:



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Drill Hole Core True Core True Weighted
From To Length Width Length Width Average
(m) (m) (m) (m) (ft) (ft) Ni (%)
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LN06-46 63.00 115.40 52.40 44.44 171.92 145.80 0.293
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and contains
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63.00 77.90 14.90 12.50 48.88 41.01 0.289
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includes 71.00 77.00 6.00 5.09 19.69 16.70 0.403
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and
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85.00 100.00 15.00 12.72 49.21 41.73 0.508
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includes 92.00 99.00 7.00 5.94 22.97 19.49 0.642
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and
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108.84 115.40 6.56 5.59 21.52 18.34 0.384
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includes 108.84 112.60 3.76 3.19 12.34 10.47 0.479
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or 109.80 112.60 2.80 2.37 9.19 7.78 0.539
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Drill Hole LN06-46 intersected a felsic dyke from 100.92m to 108.84m.

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LN06-47 40.00 51.90 11.90 9.75 39.04 31.99 0.196
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and
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67.78 89.00 21.22 17.38 69.62 57.02 0.244
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and contains
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67.78 78.80 11.02 9.03 36.15 29.63 0.330
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includes 67.78 70.00 2.22 1.82 7.28 5.97 0.415
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and 74.87 78.80 3.93 3.22 12.89 10.56 0.577
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and
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85.95 89.00 3.05 2.50 10.01 8.20 0.402
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Drill Hole LN06-47 intersected several felsic dykes from 53.80m to 65.35m,
72.93m to 74.87m and 78.80m to 85.95m, which explains the smaller nickel
mineralization intersections.

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LN06-48 25.00 31.00 6.00 4.91 19.69 16.11 0.213
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Drill Hole LN06-48 intersected several felsic dykes from 40.30m to 58.65m,
which explains the smaller nickel mineralization intersections.

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LN06-49 44.00 58.50 14.50 12.02 47.57 39.44 0.247
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and contains
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52.00 55.00 3.00 2.52 9.84 8.27 0.430
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Numerous feldspar porphyry and felsic dykes intruded the massive talcose
serpentinized komatiite flow from 60.42m to 106.80m (core length) that
replaced to projected nickel mineralization.

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Drill Hole Core True Core True Weighted
From To Length Width Length Width Average
(m) (m) (m) (m) (ft) (ft) Ni (%)
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LN06-50 28.50 44.60 16.10 13.35 52.82 43.80 0.273
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and contains
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28.50 32.50 4.00 3.32 13.12 10.89 0.219
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and 36.50 42.40 5.90 4.89 19.36 16.04 0.427
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Numerous feldspar porphyry and felsic dykes intruded the projected nickel mineralized zone from 45.33m to 87.15m (core length).

LN06-51 intersected feldspar porphyry and felsic dykes from the end of the casing to 65.05m (core length), which was the end of the drill hole. The dykes replaced the entire project nickel mineralized zone.

The nickel bearing sulphide mineralization, with estimations ranging from 1% to 20% fine grained disseminations and sulphide blebs up to several centimetres in size, is contained within serpentenized to talcose 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 sawn 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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