Inspiration Mining Corporation
TSX : ISM
FRANKFURT : OI8

Inspiration Mining Corporation

March 05, 2007 11:00 ET

Inspiration Intersects 3.596% Ni Over 7.07m or 23.20ft With 10.220% Ni Over 0.71m or 2.33ft (True Width)

TORONTO, ONTARIO--(CCNMatthews - March 5, 2007) - 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 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 assay results for drill hole LS07-2 located on Inspiration's mining claim 1213717 south of the former Langmuir No.2 Mine have been received, compiled and condensed to the following:




----------------------------------------------------------------------
Drill Hole From To (m) Core True Core True Weighted
(m) Length Width (m) Length Width Average
(m) (ft) (ft) Ni (%)
----------------------------------------------------------------------
LS07-2 313.75 378.05 64.30 41.33 210.96 135.60 0.820
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and
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313.75 354.00 40.25 25.87 132.05 84.88 0.224
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and
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354.00 366.00 12.00 7.71 39.37 25.30 0.328
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and
366.00 377.00 11.00 7.07 36.09 23.20 3.596
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and contains
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366.95 372.40 5.45 3.50 17.88 11.48 6.453
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with 366.95 368.00 1.05 0.67 3.44 2.20 4.380
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368.00 369.10 1.10 0.71 3.61 2.33 3.865
----------------------------------------------------------
369.10 370.20 1.10 0.71 3.61 2.33 4.635
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370.20 371.30 1.10 0.71 3.61 2.33 9.070
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371.30 372.40 1.10 0.71 3.61 2.33 10.220
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and contains
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372.40 373.20 0.80 0.51 2.62 1.67 1.085
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and
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373.20 373.90 0.70 0.45 2.30 1.48 1.995
----------------------------------------------------------

Inspiration retained Talbot Surveys Ltd. of Timmins to complete a boundary survey and to survey the company's diamond drill holes on a continuous basis. The results of the survey in NAD 83 -- Zone 17 is as follows and illustrated in the figure below:



------------------------------------------------------------
Drill Hole UTM UTM Dip Azimuth Length
Northing Easting (Geodetic) (m)
------------------------------------------------------------
LS07-2 5353698.57 499775.84 -76.14 318.97 500.25
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To view a location map of Inspiration's Langmuir South Zone Drill Hole LS07, please click here: http://www.ccnmatthews.com/docs/ism_graph.pdf

Location Map of Inspiration's Langmuir South Zone Drill Hole LS07-2


The nickel bearing sulphide mineralization, with estimations ranging from 1% to 20% fine-grained dissemination 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.

Contact Information

  • Gale Capital Corporation
    Randy Miller
    President
    (905) 853-7400
    or
    Gale Capital Corporation
    Investor Relations
    (604)-221-7604
    (604) 221-7606 (FAX)
    Website: galecapital@shaw.ca