Inspiration Mining Corporation
TSX : ISM
FRANKFURT : OI8

Inspiration Mining Corporation

November 29, 2006 10:46 ET

Inspiration Intersects 0.767% Ni Over 11.97m or 39.27ft Including 1.052% Ni Over 6.45m or 21.16ft 'True Width'

TORONTO, ONTARIO--(CCNMatthews - Nov. 29, 2006) - Inspiration Mining Corporation (the "Corporation") (TSX VENTURE: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 has commenced drilling 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 these drill holes:

--------------------------------------------------------------------------
Drill Hole Grid Grid Dip Azimuth Section Section Length
Northing Easting (ast) Northing Easting (m)
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L106-9 1285 2318 -69.91 304 3400 10525 290.37
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The following assay results of drill hole L106-9 at the former Langmuir
No.1 Mine have been received, compiled and condensed to the following:


---------------------------------------------------------------------------
Drill Hole From To Core True Core True Weighted
(m) (m) Length Width Length Width Average
(m) (m) (ft) (ft) Ni
(%)
---------------------------------------------------------------------------
L106-9 251.10 274.35 23.25 11.97 76.28 39.27 0.767
------------------------------------------------------------------------
and contains
------------------------------------------------------------------------
251.10 264.00 12.90 6.45 42.32 21.16 1.052
------------------------------------------------------------------------
with 251.10 256.00 4.90 2.52 16.08 8.27 0.715
------------------------------------------------------------------------
and 256.00 264.00 8.00 4.00 26.25 13.12 1.259
------------------------------------------------------------------------
or 259.00 264.00 5.00 2.57 16.40 8.43 1.621
------------------------------------------------------------------------
and contains
------------------------------------------------------------------------
264.00 274.35 10.35 5.33 33.96 17.49 0.412
---------------------------------------------------------------------------


Drill Hole L106-9 was drilled from the same location as previously released drill holes L106-7 and L106-8. L106-9 intersected the nickel mineralization approximately 535 feet or 163 metres down dip from the 315 foot mine level and approximately 127 feet or 39 metres down dip from hole L106-8. The intersection is approximately 805 feet or 245 metres vertically below surface.

The azimuth of drill hole L106-9 changed by 5.26 degrees southwards from the collar and may have intersected near the side of the paleo-channel resulting in a narrow intersect and lower nickel mineralization with respect to L106-8.

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

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