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The company is exploring for nickel deposits on its Langmuir property near Timmins, Ontario; for nickel-gold-copper on its Cleaver and Douglas properties; and for molybdenum and rare earth elements at recently acquired Desrosiers property.

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Message: ISM Drill results...News today

ISM Drill results...News today

posted on Aug 19, 2008 07:08AM

Inspiration Intersects 0.319% Ni Over 13.96m or 45.80ft and 0.259% Ni Over 21.93m or 71.95ft (True Width)

Inspiration is continuing the drilling at the Langmuir Project - Langmuir No.2 Mine - North Zone. The detail fill-in drill program is designed to complete the definition of the nickel bearing mineralization below the 100 metre level.

The following table indicates the drill information for the North Zone drill holes:

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Drill Hole     Grid     Grid     Dip   Azimuth   Section   Section  Length
           Northing  Easting         (Geodetic) Northing   Easting      (m)
            (metres) (metres)                    (metres)  (metres)
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LN08-111    3065.35  1939.11   -59.4  6 300.78   3624.22    146.64   181.86
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LN08-112    3065.19  1939.36  -66.57    300.65   3624.20    146.94   235.90
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LN08-113    3050.99  1962.99  -64.75    300.15   3623.73    174.51   248.03
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LN08-114    3050.87  1963.20  -71.71    298.43   3623.72    174.74   281.02
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Drill holes LN08-111 to LN08-114 inclusively were completed on the same drill section in the southern portion of the North Zone and were designed to follow the down plunge nickel mineralization from previously release drill holes.

Drill holes LN08-111 and LN08-112 were located approximately 27.9 metres east of previously released drill holes LN07-68 and LN07-69 with the mineralization intersected approximately 26.24 metres and 58.48 metres, respectively, down dip from hole LN07-69.

Drill holes LN08-113 and LN08-114 were located approximately 27.86 metres further east of LN08-111 and LN08-112 and intersected nickel mineralization beneath the plunge of the zone. Drill hole LN08-114 intersected a wide zone of nickel mineralization that was dyked out in previously released drill hole LN08-110. The nickel mineralization ranging from 242.80 m to 270.00 m (core length) is approximately 227 metres to 247 metres vertically below surface.

The following assay results for drill holes LN08-107 to LN08-110 at the Langmuir No.2 Mine - North Zone 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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LN08-111             101.30  120.09   18.79  13.96   61.65  45.80    0.319
           ----------------------------------------------------------------
           and 
           contains
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                     101.30  105.79    4.49   3.34   14.73  10.96    0.494
           ----------------------------------------------------------------
                     107.70  120.09   12.39   9.21   40.65  30.22    0.276
           ----------------------------------------------------------------
           and
           ----------------------------------------------------------------
                     131.00  137.00    6.00   4.46   19.69  14.63    0.210
           ----------------------------------------------------------------
           and
           ----------------------------------------------------------------
                     140.00  144.63    4.63   3.44   15.19  11.29    0.207
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LN08-112             111.90  116.40    4.50   2.77   14.76   9.09    0.288
           ----------------------------------------------------------------
           and
           ----------------------------------------------------------------
                     118.30  153.14   34.84  21.93  114.30  71.95    0.259
           ----------------------------------------------------------------
           with      129.30  133.30    4.00   2.52   13.12   8.27    0.415
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LN08-113             157.80  166.60    8.80   5.89   28.87  19.32    0.220
           ----------------------------------------------------------------
           and
           ----------------------------------------------------------------
                     171.50  173.50    2.00   1.34    6.56   4.40    0.216
           ----------------------------------------------------------------
           and
           ----------------------------------------------------------------
                     176.60  178.30    1.70   1.14    5.58   3.74    0.316
           ----------------------------------------------------------------
           and
           ----------------------------------------------------------------
                     223.80  226.00    2.20   1.47    7.22   4.82    0.534
---------------------------------------------------------------------------

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LN08-114             181.00  185.00    4.00   2.29   13.12   7.51    0.273
           ----------------------------------------------------------------
           and
           ----------------------------------------------------------------
                     208.00  210.00    2.00   1.15    6.56   3.77    0.302
           ----------------------------------------------------------------
           and
           ----------------------------------------------------------------
                     214.00  216.00    2.00   1.15    6.56   3.77    0.388
           ----------------------------------------------------------------
           and
           ----------------------------------------------------------------
                     218.00  220.00    2.00   1.15    6.56   3.77    0.257
           ----------------------------------------------------------------
           and
           ----------------------------------------------------------------
                     242.80  270.00   27.20  15.60   89.24  51.18    0.263
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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 Corporation to carry out its exploration program on the Langmuir Project.

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