Inspiration Mining Corporation
TSX : ISM

Inspiration Mining Corporation

January 10, 2006 16:01 ET

Inspiration Intersects 4.53% Nickel Within 130 Feet (83.54 Feet True Width) of 1.12% Nickel

TORONTO, ONTARIO--(CCNMatthews - Jan. 10, 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.

Drill hole LN05-19 and LN05-20 are drilled at azimuth N300 degrees E from the same setup with collar dips of -50 degrees and -65 degrees respectively at coordinates 3229m north and 1955m east. These drill holes were designed to intersect the up dip extension of the Langmuir No. 2 - North Zone at shallow depths approximately 54m northwest of previously released drill holes LN05-10.

The assay results on Langmuir North, Holes 19 and 20 have been received, compiled and condensed to the following:



---------------------------------------------------------------------
Drill From To Core True Core True Averaged
Hole (m) (m) Length Width Length Width Ni (%)
(m) (m) (ft) (ft)
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---------------------------------------------------------------------
LN05-19 17.00 35.00 18.00 17.48 59.06 57.34 0.234
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46.00 46.56 0.56 0.51 1.84 1.66 0.725
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and
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48.66 76.27 27.61 22.98 90.58 75.40 1.239
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includes 49.47 56.62 7.15 5.95 23.46 19.53 1.512
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or 51.00 54.41 3.41 2.84 11.19 9.31 2.138
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and 51.00 51.28 0.28 0.23 0.92 0.76 1.620
----------------------------------------------------
contained 51.90 52.26 0.36 0.30 1.18 0.98 2.950
----------------------------------------------------
53.84 54.41 0.57 0.47 1.87 1.56 1.480
----------------------------------------------------
55.79 56.62 0.83 0.69 2.72 2.27 1.770
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and
includes 59.66 76.27 16.61 13.83 54.49 45.36 1.337
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or 68.48 75.50 7.02 5.84 23.03 19.17 1.716
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and
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79.03 82.50 3.47 2.89 11.38 9.48 0.914
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includes 81.23 82.50 1.27 1.06 4.17 3.47 1.921
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and
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84.35 94.62 10.27 8.55 33.69 28.05 0.310
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LN05-20 8.50 39.00 30.50 26.67 100.07 87.50 0.235
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and
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58.55 98.20 39.65 25.46 130.09 83.54 1.124
---------------------------------------------------------------------
includes 58.55 71.05 12.50 8.03 41.01 26.34 0.451
----------------------------------------------------
71.05 88.01 16.96 10.89 55.64 35.73 1.800
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and
includes 74.99 81.00 6.01 3.86 19.72 12.66 2.291
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with 77.75 77.97 0.22 0.14 0.72 0.46 4.530
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88.01 98.20 10.19 6.54 33.43 21.47 0.805
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and
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110.79 114.91 4.12 2.65 13.52 8.68 0.250
---------------------------------------------------------------------
and
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123.00 124.50 1.50 0.96 4.92 3.16 0.392
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The detail drilling on this section indicates that the eastern, central and western zones dips approximately -57 degrees, -76 degrees and -78 degrees to the southeast.

The nickel bearing sulphide mineralization, with estimations ranging from 5% to 7% fine grained disseminatations up to 25% to 30% rounded blebs, is contained within serpentenized peridotic komatiite 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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