Inspiration Announces Allen Mann as Director of Operations
Inspiration Mining Corporation (the "Corporation") (TSX: ISM)(FRANKFURT: OI8) is pleased to announce that Allen Mann has joined the Executive Management team of the Corporation. Mr. Mann will be responsible for the expansion and development of operations at its Langmuir property near Timmins, Ontario
as well as its expanded exploration activity at the recently acquired Cleaver and Douglas properties.
Allen Mann is Chairman and one of the principal owners of TriDimension Energy, a substantial Dallas-based oil and gas company. He is also a principal owner, Director and/or President of various other entities with resource investments, including timber, oil, gas, and mining assets. Mr. Mann is a licensed attorney and Certified Public Accountant in the State of Texas since the early 1980s. He received both his undergraduate and law degree from SMU.
The Corporation is a public junior mining company exploring for nickel deposits on its Langmuir property near Timmins, Ontario, as well as gold-copper on the Barton Syndicate Dry Fork property in Utah.
Three Months Three Months Nine Months Nine Months Cumulative
Ended Ended Ended Ended from date of
June 30, June 30, June 30, June 30, inception
2008 2007 2008 2007 of project
Cleaver Property, Ontario, Canada
Balance, beginning of period $ 475,495$ - $ 98,000 $ - $ -
Acquisition costs 90,000 - 150,000 - 188,000
Core cutting and maintenance 54,000 - 269,235 - 269,235
Mapping and surveying 9,000 - 167,885 - 167,885
Travel - - 3,375 - 3,375
Advance - - (60,000) - -
Total expenditures during the period 153,000 - 530,495 - 628,495
Balance, end of period $ 628,495$ - $ 628,495 $ - $ 628,495
Douglas Property, Ontario, Canada
Balance, beginning of period $ 50,228$ - $ 50,228 $ - $ -
Acquisition costs - - - - 10,000
Core cutting and maintenance - - - - 21,420
Mapping and surveying - - - - 18,808
Total expenditures during the period - - - - 50,228
Balance, end of period $ 50,228$ - $ 50,228 $ - $ 50,228