Inspiration Mining Corporation
TSX : ISM
FRANKFURT : OI8

Inspiration Mining Corporation

July 09, 2008 12:42 ET

Inspiration Intersects 0.654% Ni Over 4.46 m or 14.63 ft Including 1.290% Ni Over 0.59 m or 1.94 ft (True Width)

TORONTO, ONTARIO--(Marketwire - July 9, 2008) - 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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L108-111 1171.70 2251.61 -60.91 305.05 2998.15 10383.53 308.70
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L108-112 1140.86 2249.59 -50.08 305.77 2897.23 10393.16 302.80
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L108-113 1111.11 2244.70 -49.77 303.12 2798.29 10392.89 302.88
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L108-114 1382.46 2371.88 -60.32 305.28 3743.75 10662.66 254.23
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L108-115 1382.36 2372.09 -67.42 306.43 3743.55 10663.38 290.03
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L108-116 1382.40 2372.34 -72.46 301.18 3743.81 10664.19 344.53
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Drill holes L108-111 to L108-113 were completed 100 feet, 200 feet and 300 feet, respectively, south of previously released drill holes L108-102 to L108-104 located on mine section 3100 North. Drill holes L108-111 and L108-112 yielded background nickel anomalous values only. These drill holes were exploring the nickel potential south of the known nickel mineralized zones.

Drill hole L108-114 to L108-116 were completed from the same setup approximately 110 feet east (mine grid) of previously released drill holes L107-54 and L107-55. A felsic intrusive dyke terminated the upper portion of the nickel mineralization in L108-115 from 241.86m to 249.10m. Both L108-115 and L108-116 encountered a felsic intrusive dyke at the lower contact of the ultramafic komatiite flow.

The following assay results for drill holes L108-113 to L108-116 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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L108-113 124.30 125.30 1.00 0.82 3.28 2.69 0.580
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L108-114 110.70 111.70 1.00 0.71 3.28 2.33 0.640
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L108-115 207.00 209.00 2.00 1.23 6.56 4.04 0.387
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and
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241.86 249.10 7.24 4.46 23.75 14.63 0.654
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containing
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241.86 247.30 5.44 3.35 17.85 10.99 0.726
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241.86 242.82 0.96 0.59 3.15 1.94 1.290
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and
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253.00 254.00 1.00 0.62 3.28 2.03 0.513
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L108-116 252.00 254.00 2.00 1.09 6.56 3.58 0.434
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and
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264.00 266.00 2.00 1.09 6.56 3.58 0.382
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and
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269.00 273.00 4.00 2.18 13.12 7.15 0.707
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and
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269.00 270.00 1.00 0.54 3.28 1.77 1.610
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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.

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