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April 2013
Inspiration Increases Interest in Potash Dragon
TORONTO, ONTARIO--(April 8, 2013) - Further to its press release of June 25, 2012, Inspiration Mining Corporation ("Inspiration" or the "Company") (TSX:ISM)(FRANKFURT:OI8) is pleased to announce that it exercised an aggregate of 2,187,500 warrants at an exercise price of $0.80 per share, increasing its interest in Potash Dragon Inc. ("Potash Dragon") from 1,250,000 common shares to 3,437,500 common shares (or from 20% to 41% of the issued and outstanding securities of Potash Dragon). An aggregate of 1,562,500 warrants remain outstanding and the Corporation intends to exercise such warrants prior to their expiry date of May 15, 2013. Upon the exercise of the remaining warrants, the Corporation will own 50% of the issued and outstanding securities in the capital of Potash Dragon.
Inspiration Provides Corporate Update
TORONTO, ONTARIO- Inspiration Mining Corporation ("Inspiration" or the "Corporation") (TSX:ISM)(FRANKFURT:OI8) pleased to provide a corporate update.
February 2013
Inspiration Mining Corporation Welcomes PDAC 2013 Delegates to Toronto
Inspiration Mining Corporation Welcomes PDAC 2013 Delegates to Toronto; Inspiration Mining Corporation (TSX: ISM) is pleased to welcome the international mining community to Toronto for the Prospectors and Developers Association of Canada's (PDAC) International Convention, which is being held from March 3rd to March 6th, 2013.
September 2012
INSPIRATION REPORTS ON PROGRESS WITH POTASH PROPERTY
Inspiration Reports on Progress With Potash Property - Inspiration Mining Corporation ("Inspiration" or the "Company") (TSX:ISM)(FRANKFURT:OI8) is pleased to announce that Potash Dragon Inc. ("Potash Dragon") has completed the Transient Electromagnetic Survey ("TEM"), as reported in its press release of August 14, 2012, at its Llamara project located in the Atacama Desert, Chile.
August 2012
Inspiration Commences With Transient Electromagnetic Survey Over Potash Property
Inspiration Commences With Transient Electromagnetic Survey Over Potash Property Inspiration Mining Corporation (TSX:ISM)(FRANKFURT:OI8) is pleased to announce that Potash Dragon Inc. has commenced work on the Transient Electromagnetic Survey ("TEM") at its Llamara project located in the Atacama Desert, Chile, on Monday July 23, 2012. The project area comprises the western Llamara Project as well as the eastern Solida Project. A total of 289 individual setups will be carried out which will result in a total of 133 line-km of TEM survey. The data collection and processing will take about 8 weeks to complete and the results will be included in a technical report, which is scheduled for completion at the end of November 2012.
July 2012
Inspiration Commences Strategic Review Process for Its Langmuir Nickel Property
Inspiration Commences Strategic Review Process for Its Langmuir Nickel Property - Inspiration Mining Corporation ("Inspiration" or the "Corporation") (TSX:ISM)(FRANKFURT:OI8) is pleased to announce that it has initiated a strategic review process to consider and evaluate a range of strategic alternatives for the Langmuir nickel property that have presented themselves to the Corporation, with a view to enhancing shareholder value. Strategic alternatives that the Board of Directors will consider may include, but are not limited to, the sale of all or a portion of the Langmuir nickel property, a nickel asset merger or other nickel business combination transaction involving a third party, a joint venture, and an optimization study of the Corporation's existing mine development plan, or any combination thereof.
June 2012
Inspiration Acquires Interest in Potash Property
Inspiration Acquires Interest in Potash Property - Inspiration Mining Corporation (the "Company") (TSX:ISM)(FRANKFURT:OI8) is pleased to announce that it has acquired 1,250,000 common shares ("Potash Shares") (or 20% of the issued and outstanding securities) in the capital of Potash Dragon Inc. ("Potash Dragon"). In addition, the Company was issued an aggregate of 3,750,000 common share purchase warrants (the "Warrants"). Each Warrant entitles the Company to acquire an additional Potash Share at an exercise price of $0.80 per share at any time prior to 5:00 p.m. (Toronto time) on the earlier of the date that is: (a) September 22, 2013, and (b) 45 days from the date that Potash Dragon receives an executed geological report (the "43-101 Report") prepared in compliance with National Instrument 43-101 with respect to Potash Dragon's brine resource in Chile. In the event that the Company exercises all of the Warrants, the Company shall exercise control over 50% of the issued and outstanding securities in the capital of Potash Dragon.
September 2011
Inspiration Appoints New Director
August 2011
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
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.
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 of the Langmuir Property Shaw Dome Area Nts 42n/06 in Langmuir Township Porcupine Mining Division District of Cochrane Ontario, Canada.
September 2009
Inspiration Continues Work on its Desrosiers Property
August 2009
May 2009
April 2009
March 2009
February 2009
January 2009
Inspiration Intersects 0.674% ni over 24.44m
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
November 2008
October 2008
Inspiration Mining Corporation to Launch Normal Course Issuer Bid
Inspiration Intersects 1.553% ni over 16.93m
September 2008
Inspiration Intersects 0.311% ni over 97.61m
Inspiration Intersects 0.691% NI over 9.39M
August 2008
Inspiration Intersects 0.276% NI over 33.30M
July 2008
Inspiration Intersects 0.654% NI over 4.46M
June 2008
Geotech Commisioned For VTEM Survery
Inspiration Intersects 1.042% NI over 9.95M or 32.64FT
Key Milestone Achieved - Inspiration Mining Initiates Scoping
May 2008
Micon International Commissioned for NI 43-101 Report
Inspiration Mining Corporation: Corporate Update
April 2008
Inspiration Intersects Wide Nickel Mineralization
March 2008
Inspiration Retains Launchpad Capital as Strategic Advisory Firm