ISM News

NEWS

News

Current News | Archives

September 2011

TORONTO, ONTARIO (Inspiration Mining Corporation (the "Company")(TSX:ISM)(FRANKFURT:OI8) would like to announce that George Heard has been appointed to the board of directors of the Company.

August 2011

INSPIRATION ADVANCES LANGMUIR PROJECT AND ENGAGES NORDPRO TO PROVIDE ENGINEERING AND GEOLOGICAL SERVICES

Toronto, Ontario, August 15, 2011 – Inspiration Mining Corporation (“Inspiration” or the “Corporation”) is pleased to announce the engagement of NordPro Mine and Project Management Services Ltd. of Thunder Bay, Ontario to provide engineering and geological services on the company’s Langmuir Property. In addition, the Company is pleased to announce results from its ongoing infill and detail drilling program at the Langmuir Open Pit Nickel Deposit.

July 2011

Inspiration Mining Corporation to Launch Normal Course Issuer Bid

TORONTO, ONTARIO -- Inspiration Mining Corporation (the "Corporation") (TSX:ISM)(FRANKFURT:OI8) announced today that it has received regulatory approval from the Toronto Stock Exchange ("TSX") to launch a normal course issuer bid (the "Bid"), pursuant to the terms set out in the notice of intention to make a normal course issuer bid (the "Notice") filed with the TSX. The market price of the Corporation's common shares may be undervalued and not reflective of the underlying value of the Corporation's assets, and that, accordingly, the purchase of its common shares under the Bid is appropriate and in the best interests of the Corporation and its stakeholders.

April 2011

INSPIRATION ANNOUNCES RETIREMENT OF CHIEF FINANCIAL OFFICER JAMES DAVIS AND APPOINTS PETER ANDERSON AS SUCCESSOR
Toronto, Ontario – Inspiration Mining Corporation (“Inspiration” or the “Corporation”) today announced that James Davis, its Chief Financial Officer (CFO), is retiring from the company.

March 2011

Inspiration Drills 167M of 0.26% NI Including 1 M OF 1% Ni Providing Definition to a Fourth Mineralized Zone at Langmuir

Toronto, Ontario, March 22, 2011 – Inspiration Mining Corporation (“Inspiration” or the “Corporation”) is pleased to announce results from its ongoing infill and detail drilling program at the Langmuir Open Pit Nickel Deposit.

Inspiration Provides Revision to Its Press Release Dated February 3rd, 2011

Mar. 16, 2011 (Marketwire Canada) -- TORONTO, ONTARIO -- As a result of a review by the Ontario Securities Commission, Inspiration Mining Corporation ("Inspiration" or the "Corporation") (TSX:ISM)(FRANKFURT:OI8) is issuing the following press release to clarify its disclosure in its press release of February 3, 2011.

February 2011

Inspiration Mining Identifies Additional Mineralized Zones at Its Langmuir Open Pit Nickel Deposit With 202 Metres of .24% Ni
TORONTO, ONTARIO, Feb. 3, 2011 (Marketwire) -- Inspiration Mining Corporation (TSX:ISM)(FRANKFURT:OI8) ("Inspiration" or the "Corporation") is pleased to announce results from its ongoing infill and detail drilling program at the Langmuir Open Pit Nickel Deposit.

November 2010

INSPIRATION ANNOUNCES PLANNED WORK PROGRAM AT ITS 600 ACRE DRY FORK, UTAH GOLD AND COPPER PROPERTY
TORONTO, ONTARIO, November 17, 2010 – Inspiration Mining Corporation (“Inspiration” or the “Corporation”) is pleased to announce that it intends to proceed with a geophysical exploration program in Q2 2011 that will address both gold and base metal targets.

INSPIRATION CONTINUES TO EXPAND LANGMUIR OPEN PIT NICKEL DEPOSIT
Toronto, Ontario – Inspiration Mining Corporation ("Inspiration" or the "Corporation") is pleased to announce results of recent infill and detail drilling conducted at the Langmuir One Nickel Deposit . The Langmuir Open Pit Deposit comprises 69 mining claims covering 1121 hectares in the Langmuir Township, 25 km southeast of Timmins, Ontario.

October 2010

Ian Stewart Appointed As President And Chief Operating Officer Of Inspiration Mining Corporation

Inspiration Mining Corporation ("Inspiration" or the "Corporation") is pleased to announce the appointment of Ian Stewart as the President and Chief Operating Officer of the Corporation. Randy Miller, will continue with the company as the Chairman of the Board, and Chief Executive Officer of the Corporation.

September 2010

Inspiration Distributes Shares of Nitinat Minerals Corporation
TORONTO, ONTARIO -- Further to its press release dated April 7, 2010, Inspiration Mining Corporation (the "Company") (TSX:ISM)(FRANKFURT:OI8) is pleased to announce that it has received regulatory approval for the distribution of the 2,673,581 common shares (the "Shares") of Nitinat Minerals Corporation ("Nitinat").

August 2010

INSPIRATION APPOINTS VICTOR CANTORE TO THE BOARD OF DIRECTORS
Inspiration Mining Corporation (the "Corporation") is pleased to announce that Mr. Victor Cantore has been appointed to the board of director of the Corporation.

July 2010

INSPIRATION MOBILIZES DRILL TO LANGMUIR ONE EXTENSION PER MICON’S REPORT

Toronto, Ontario - Inspiration Mining Corporation ("Inspiration" or the "Corporation") 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.

June 2010

INSPIRATION TO EXPAND DRILLING PROGRAM

Toronto, Ontario - Inspiration Mining Corporation ("Inspiration" or the "Corporation") 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.

Cleaver Property Update

Toronto, Ontario - Inspiration Mining Corporation ("Inspiration" or the "Corporation") would like to announce the results of the completed drilling program on the Cleaver property. The Cleaver property comprises 30 mining claims covering 30.3 square km in the Fallon and Cleaver Townships, 43 km SE of Timmins, Ontario.

April 2010

TSX Requests That Record Date for Proposed Spin-Out Be Amended

Toronto, Ontario – Further to its press releases of March 22, 29 and 30, 2010, Inspiration Mining Corporation (the "Company"), at the request of the TSX, is amending the record date to be used with respect to the proposed spin-out of its wholly owned subsidiary, Metal Mines, Inc. ("Metal Mines").

Inspiration Appoints New Director

TORONTO, ONTARIO -- Inspiration Mining Corporation (the "Company") would like to announce that Albert Louis van der Horst has been appointed to the board of directors of the Company.

Inspiration to Distribute Shares of Nitinat Minerals Corporation
Toronto, Ontario – Inspiration Mining Corporation (the "Company") is pleased to announce that, subject to the receipt of applicable regulatory approvals, it will distribute approximately 2,673,581 common shares (the "Shares") of Nitinat Minerals Corporation ("Nitinat") that it currently owns.

Inspiration Intersects 1.15% Over 10.9 M and 1.455% NI over 25.4 M NNE of the Langmuir No. 1 Deposit Area
Toronto, Ontario - Inspiration Mining Corporation (the “Corporation”) is pleased to announce the results of exploration hole 51 and 52 in the Langmuir 1 Deposit area.

March 2010

Inspiration Amends Record Date of Proposed Spin-Out
Further to its press releases of March 22 and 29, 2010, Inspiration Mining Corporation (the "Company") would like to announce that it has revised the record date from April 6 to April 16, 2010. Due to the Easter weekend holidays, the Company felt it was in the interest of its shareholders to change the record date to April 16, 2010.

Inspiration Provides Additional Information on Proposed Spin-Out
Inspiration Mining Corporation (the "Company") would like to provide additional information regarding its proposed spin-out of the Company's wholly owned subsidiary Metal Mines, Inc. ("Metal Mines") as set out in the Company's press release of March 22, 2010.

Inspiration Announces Action to Increase Shareholder Value
Toronto, Ontario - Inspiration Mining Corporation (the "Company") would like to announce that it intends to divest itself of the Company's wholly owned subsidiary Metal Mines, Inc. ("Metal Mines") to the shareholders of the Company.

Inspiration Mining Corporation to Launch Normal Course Issuer Bid

Toronto, Ontario – Inspiration Mining Corporation (the "Corporation") announced today that it has received regulatory approval from the Toronto Stock Exchange ("TSX") to launch a normal course issuer bid (the "Bid"),pursuant to the terms set out in the notice of intention to make a normal course issuer bid (the "Notice") filed with the TSX.

February 2010

Inspiration To Proceed With The Continued Exploration Of Its Langmuir, Gold And Moly/ Ree Properties
Toronto, Ontario – Inspiration Mining Corporation (the "Corporation") is pleased to announce that it is proceeding with the exploration of its Langmuir Nickel, Cleaver gold and Desrosiers rare earth properties.

January 2010

Langmuir Project Yields Two Open-Pit Nickel Resources And Potential For 20-40 Million Tonnes In Additional Exploration Targets
Toronto, Ontario - Inspiration Mining Corporation (the "Corporation") is pleased to announce that Micon International Limited ("Micon") has completed the National Instrument 43-101 compliant resource estimate report (the "Micon Report") for the Langmuir North Deposit and the Langmuir No 1 Deposit. A copy of the Micon Report can be viewed under the Corporation's profile on the SEDAR website (www.sedar.com).

Technical Report On The Initial Mineral Resource Estimate For The Langmuir North And Langmuir #1 Nickel Deposits, Langmuir Township, Ontario, Canada
A downloadable (PDF) version of this report.

November 2009

Exploration Commences for Moly & Rare Earths on Desrosiers Property -- Drilling Begins

Exploration Commences for Moly & Rare Earths on Desrosiers Property.

Update On The 43-101 Resource Estimate Report Amendment To Warrant Exercise Price

Inspiration Completes Its Jasper Property Spin-Off

October 2009

Inspiration Retains Clarus Securities as Financial Advisor

Technical report (NI 43-101)

Technical Report of the Langmuir Property Shaw Dome Area Nts 42n/06 in Langmuir Township Porcupine Mining Division District of Cochrane Ontario, Canada.

December 2008

MD&A for FY Ending September 30 of 2008
The following Management Discussion and Analysis, prepared as of December 10, 2008, should be read together with the Company’s audited Consolidated Financial Statements for the fiscal year ended September 30 of 2008, and related notes attached thereto, which are prepared in accordance with Canadian generally accepted accounting principles. All amounts are stated in Canadian dollars unless otherwise indicated.

Financial Statement for FY Ending September 30, 2008