Welcome To The Inspiration Mining HUB On AGORACOM

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.

Free
Message: Inspiration Mobilizes Drill To Langmuir One Extension per Micon's Report

Inspiration Mobilizes Drill To Langmuir One Extension per Micon's Report (ccnm)

TORONTO, ONTARIO--(Marketwire - July 7, 2010) - Inspiration Mining Corporation ("Inspiration" or the "Corporation") (TSX:ISM)(FRANKFURT:OI8) is pleased to announce the commencement of a new infill and detail drill program on the extension of the Langmuir One nickel deposit. The Langmuir property comprises 69 mining claims covering 1121 hectares in the Langmuir Township, 25 km southeast of Timmins, Ontario. It hosts the past nickel producing mines of Langmuir No. 1 and 2.

Exploration holes drilled in the area in 2007 and 2008 revealed various massive and disseminated sulfide mineralization zones hosted in komatiitic basalts, komatiites and ultramafic intrusives.

The first zone, exemplified by intersections in Table 1, shows high grade nickel and is stratigraphically above the Langmuir One host komatiite. It extends for at least 150 m and is open at depth. The Corporation believes that a 2000 m infill drilling program will allow it to precisely define the zone and its continuity with the already defined Langmuir One nickel deposit.

                                  Table 1                           
                                                                     
              Hole Id            Length (m)           Nickel (%)     
       -------------------- -------------------- --------------------
             IMCEX-23               11.7                 1.59        
                                    48.8                 0.56        
             IMCEX-24                 4                  0.44        
                                    34.8                  0.3        
             IMCEX-51               10.9                 1.15        
             IMCEX-52               25.4                 1.45        

The second zone is located 200 m NE of the Langmuir One deposit in identical komatiite stratigraphic level. It contains low grade nickel, as shown on Table 2, extends for 450 m and is open at depth. The Corporation believes that a 1500 m infill drilling will allow it to define the extension of the zone and its potential.

                                  Table 2                           
                                                                     
              Hole Id            Length (m)           Nickel (%)     
       -------------------- -------------------- --------------------
             IMCEX-57                70                  0.23        
             IMCEX-31                115                 0.25        
              IMCEX-1                164                 0.24        
             IMCEX-32                153                 0.24        

The third zone is located 650 m NW of the Langmuir One deposit in ultramafic intrusive startigraphically above the first high grade zone hosted in basalts. The zone contains low grade nickel as shown on Table 3, extends for at least 500 m and is open at depth. The Corporation believes that a 1500 m infill drill program will allow it to define more precisely the zone, its extension and potential.

                                  Table 3                           
                                                                     
              Hole Id            Length (m)           Nickel (%)     
       -------------------- -------------------- --------------------
              IMCEX-8                141                 0.24        
              IMCEX-7                34                  0.26        
             IMCEX-36                63                  0.23        
             IMCEX-13                42                  0.25        

Mr. Randy Miller, the President of the Corporation, stated "The additional 5,000 m infill drill program is a step forward in enabling the Corporation to identify the areas of mineralization that are believed to hold the potential to host the additional 20 to 40 million tonnes of nickel mineralization that was identified by Micon International Limited in its National Instrument 43-101 compliant resource estimate report for the Langmuir North Deposit and the Langmuir No 1 Deposit. This drill program is a significant milestone in the Corporation's efforts to maximize the full potential of the Langmuir Property."

The Qualified Person in charge of the Langmuir Property and the person who prepared the technical data in this release is Andre Ciesielski, P. Geo.

Share
New Message
Please login to post a reply