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TORONTO, ONTARIO, Feb 12, 2008 (MARKET WIRE via COMTEX News Network) -- 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, 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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L107-86 1236.17 2322.54 -65.12 303.42 3244.11 10579.48 287.00
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L107-87 1236.13 2322.74 -70.02 298.52 3244.10 10580.17 317.55
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L107-88 1236.12 2322.87 -73.76 298.48 3244.14 10580.57 365.50
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L107-89 1326.80 2337.86 -59.83 303.77 3545.67 10581.64 259.90
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L107-90 1326.76 2338.00 -63.68 304.35 3545.62 10582.11 287.68
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Drill holes L107-86 to L107-88, which were drilled from the same set-up, are located approximately 30 metres or 100 feet east of previously released drill holes L107-74 and L107-75 and are approximately 115 feet, 200 feet and 300 feet down dip respectively from L107-75. It appears that this sequence of drill holes intersected narrow and weak nickel mineralization underneath the plunge of the main nickel mineralization on the southern end of the zones.
Drill holes L107-89 and L107-90, which were drilled from the same set-up, are located approximately 130 feet east of previously released drill holes L107-51 and L107-52 and are approximately 110 feet and 220 feet down dip respectively from L107-52. These holes were designed to define the nickel mineralization up-dip and down-dip from previously released drill holes L107-64 and L107-65, which are located approximately 50 feet north and south and approximately 320 feet east, respectively from L107-89 and L107-90.
The following assay results for drill holes L107-86 to L107-90 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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L107-86 238.36 242.90 4.54 2.92 14.90 9.58 0.314
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and
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251.40 253.80 2.40 1.54 7.87 5.05 0.344
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L107-87 256.50 259.50 3.00 1.72 9.84 5.64 0.307
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L107-88 348.90 351.60 2.70 1.39 8.86 4.56 0.382
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L107-89 138.00 151.00 13.00 9.35 42.65 30.68 0.510
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with 141.00 143.00 2.00 1.44 6.56 4.72 1.005
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and
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160.00 173.00 13.00 9.35 42.65 30.68 0.249
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and
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198.00 200.00 2.00 1.44 6.56 4.72 0.446
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and
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207.00 217.00 10.00 7.19 32.81 23.59 0.433
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containing 207.00 207.88 0.88 0.63 2.89 2.07 1.115
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and 211.00 212.00 1.00 0.72 3.28 2.36 1.100
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and
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227.80 230.30 2.50 1.80 8.20 5.91 1.842
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with 228.67 229.42 0.75 0.54 2.46 1.77 5.000
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L107-90 160.65 165.00 4.35 2.91 14.27 9.56 0.393
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and
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168.00 171.00 3.00 2.01 9.84 6.59 0.420
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and
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182.40 192.00 9.60 6.42 31.50 21.06 0.527
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with 189.00 191.00 2.00 1.34 6.56 4.40 0.893
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and
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194.00 207.00 13.00 8.70 42.65 28.54 0.333
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with 203.00 206.00 3.00 2.01 9.84 6.59 0.638
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containing 205.00 206.00 1.00 0.67 3.28 2.20 1.120
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and
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211.00 213.84 2.84 1.90 9.32 6.23 0.742
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with 212.90 213.84 0.94 0.63 3.08 2.07 1.295
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and
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228.00 238.80 10.80 7.23 35.43 23.72 0.414
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with 228.00 230.00 2.00 1.34 6.56 4.40 0.765
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containing 237.15 238.80 1.65 1.10 5.41 3.61 0.587
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and
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246.17 246.71 0.54 0.36 1.77 1.18 1.460
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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.
Contacts: Inspiration Mining Corporation Randy Miller President (905) 853-7400 Website: www.inspirationmining.com For Investor Relations call: Gale Capital Corporation (604) 221-7604 (604) 221-7606 (FAX) Email: galecapital@shaw.ca
SOURCE: Inspiration Mining Corporation
http://www.inspirationmining.com mailto:galecapital@shaw.ca Copyright 2008 Market Wire, All rights reserved.
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