Inspiration to Expand Drilling Program
TORONTO, ONTARIO -- (Marketwire) -- 06/28/10 -- Inspiration Mining Corporation ('Inspiration' or the 'Corporation') (TSX: ISM)(FRANKFURT: OI8) is pleased to announce that it will commence a drill program in the mineralization zone located 2 km NW 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.
NW-trending exploration holes drilled in the Allerston and KCC areas in 2008 revealed nickel mineralization in ultramafic intrusives stratigraphically above the Langmuir One deposit. The zone shows mostly low grade nickel sulfides, shown on Table 1, extends to the NE for at least 700 m and is open at depth.
Table 1
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Hole Id Length (m) Nickel (%)
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KCC1 163 0.24
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KCC4 108 0.24
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IMCEX-45 157 0.23
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ICMEX-44 140 0.24
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IMCEX-41 121 0.22
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A 2,000 m infill parallel drill program is being prepared to precisely characterize the geometry of the zone and measure it's extention and nickel potential.
The Qualified Person in charge of the Cleaver property and the person who prepared the technical data in this release is Andre Ciesielski, P. Geo.
Forward Looking Statements
This news release contains 'forward-looking statements' within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities legislation. Generally, these forward-looking statements can be identified by the use of forward-looking terminology such as 'plans', 'anticipated', 'expects' or 'does not expect', 'is expected', 'budget', 'scheduled', 'estimates', 'forecasts', 'intends', 'anticipates' or 'does not anticipate', or 'believes', or variations of such words and phrases or state that certain actions, events or results 'may', 'could', 'would', 'might' or 'will be taken', 'occur' or 'be achieved'. Inspiration is subject to significant risks and uncertainties which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward looking statements contained in this release. Inspiration cannot assure investors that actual results will be consistent with these forward looking statements and Inspiration assumes no obligation to update or revise the forward looking statements contained in this release to reflect actual events or new circumstances.
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
416.842.9000
www.inspirationmining.com
For Investor Relations call:
Gale Capital Corporation
604.221.7604
604.221.7606 (FAX)
galecapital@shaw.ca