Inspiration Mining Corporation
TSX : ISM
FRANKFURT : OI8

Inspiration Mining Corporation

May 06, 2008 10:30 ET

Inspiration Intersects 1.652% Ni Over 5.66m or 18.57ft Containing 3.053%Ni Over 2.66m or 8.73ft Within Zone of 0.609% Ni Over 22.08m or 72.44ft (True Width)

TORONTO, ONTARIO--(Marketwire - May 6, 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 Grid Grid Dip Azimuth Section Section Length
Hole Northing Easting (Geodetic) Northing Easting (m)
(metres) (metres) (feet) (feet)
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L108-102 1204.03 2244.76 -51.88 303.12 3099.29 10344.40 191.15
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L108-103 1203.99 2245.19 -60.88 301.28 3099.37 10345.82 203.50
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L108-104 1203.93 2245.52 -70.93 301.45 3099.36 10346.94 248.50
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L108-105 1223.28 2218.08 -48.80 302.00 3147.10 10246.61 211.33
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L108-106 1219.39 2240.33 -54.89 302.77 3046.69 10322.01 208.10
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Drill holes L1-102 to L1-104 were drill from the same set up. The nickel mineralization in hole L108-102 from 134.00 to 136.27 metres is located approximately 13.5 metres east of known underground development. The intersection of massive sulphides from 143.69 to 144.49 metres is located approximately 16.5 metres down dip from the 315 foot mine level. The high-grade nickel mineralization of 1.808% Ni over 2.52 metres (true width) from 172.16 to 175.20 metres is located 35.2 metres below the 315 foot mine level and is 8.7 metres down dip from previously released drill hole L107-41, which returned 0.399% Ni over 1.28 metres (true width).

Drill holes L108-103 and L108-104 intersected anomalous and lower-grade nickel mineralization below the southerly plunging West Zone.

Drill hole L108-105 was designed to intersect the West Zone below the 315 foot mine level. The high-grade nickel mineralization of 3.454% Ni over 2.69 metres (true width) is approximately 24 metres up dip from previously released drill hole L107-60.

Drill hole L108-106 was planned to intersect the West Zone approximately 40 metres down dip of the 315 foot level. The high-grade nickel mineralization of 1.652% Ni over 5.66 metres containing 3.053% Ni over 2.66 metres (true widths) was intersected approximately 32.5 metres down dip from the 315 foot mine level.

The following assay results for drill holes L108-102 to L108-106 at the former Langmuir No.1 Mine have been received, compiled and condensed to the following:



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Drill From To Core True Core True Weighted
Hole (m) (m) Length Width Length Width Average
(m) (m) (ft) (ft) Ni (%)
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L108-102 114.80 122.00 7.20 5.97 23.62 19.59 0.382
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and
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134.00 136.27 2.27 1.88 7.45 6.17 0.939
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or 134.85 136.27 1.42 1.18 4.66 3.86 1.263
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and
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143.69 144.49 0.80 0.66 2.62 2.17 4.500
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and
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172.16 175.20 3.04 2.52 9.97 8.27 1.808
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containing 173.33 174.36 1.03 0.85 3.38 2.79 4.802
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L108-103 anomalous values
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L108-104 84.00 89.00 5.00 2.80 16.40 9.19 0.438
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or 85.00 87.00 2.00 1.12 6.56 3.67 0.633
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L108-105 79.00 94.00 15.00 12.49 49.21 40.98 0.358
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or 85.00 92.00 7.00 5.80 22.97 19.03 0.525
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and
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99.10 129.07 29.97 24.85 98.33 81.53 0.639
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containing 125.83 129.07 3.24 2.69 10.63 8.83 3.454
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L108-106 104.00 111.00 7.00 5.52 22.97 18.11 0.492
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and
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121.00 137.56 16.56 13.05 54.33 42.81 0.376
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containing 123.00 126.00 3.00 2.36 9.84 7.74 0.780
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and
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147.52 175.54 28.02 22.08 91.93 72.44 0.609
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containing
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147.52 154.70 7.18 5.66 23.56 18.57 1.652
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or 151.32 154.70 3.38 2.66 11.09 8.73 3.053
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and 167.50 169.50 2.00 1.58 6.56 5.18 1.005
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and 173.67 175.54 1.87 1.47 6.14 4.82 0.797
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and
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189.65 202.00 12.35 9.73 40.52 31.92 0.494
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containing 190.90 194.00 3.10 2.44 10.17 8.01 0.619
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200.60 202.00 1.40 1.10 4.59 3.61 2.040
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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), who is an arm's length party retained by the Company to carry out its exploration program on the Langmuir Project.

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

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