NEWS
NEWS
Current News | Archives
INSPIRATION INTERSECTS 0.465% NI OVER 89.21M OR 292.68FT CONTAINING 1.112% NI OVER 7.47M OR 24.51FT (TRUE WIDTH)
FOR IMMEDIATE RELEASE
| January, 21 2009 | TSX - ISM Frankfurt- OI8 |
Toronto, Ontario - Inspiration Mining Corporation (the “Corporation”) is pleased to announce the results of the continuation of their diamond drilling program on its Langmuir Project, located in Langmuir Township south of Timmins, Ontario. The Langmuir Property consists of 69 unpatented contiguous mining claim units covering approximately 1090 hectares in the north-central portion of Langmuir Township, Porcupine Mining Division, District of Cochrane, Ontario. The property is approximately 25 km southeast of Timmins, Ontario, and hosts the past producing Langmuir No.1 Mine, and majority of the past producing Langmuir No. 2 Mine.
Inspiration is continuing the drilling at the Langmuir Project – Langmuir No.2 Mine – North Zone. The detail fill-in drill program is designed to complete the definition of the nickel bearing mineralization. Several drill holes were terminated in nickel bearing mineralization and these drill holes have been extended.
The following table indicates the drill information for the North Zone drill holes:
|
Drill Hole |
Grid Northing (metres) |
Grid Easting (metres) |
Dip |
Azimuth (Geodetic) |
Section Northing (metres) |
Section Easting (metres) |
Length (m) |
|
LN08-127 |
3106.87 |
2018.15 |
-55.11 |
304.05 |
3699.71 |
194.33 |
256.71 |
|
LN08-128 |
3106.98 |
2018.18 |
-59.30 |
297.90 |
3699.82 |
194.31 |
277.67 |
|
LN08-129 |
3106.86 |
2018.31 |
-64.97 |
299.48 |
3699.78 |
194.48 |
377.46 |
|
LN08-130 |
3106.76 |
2018.47 |
-69.48 |
303.00 |
3699.77 |
194.67 |
454.69 |
Drill holes LN08-127 to LN08-130, respectively, were completed on Section 3700 North and below previously released drill hole LN05-2 to follow up the down dip extension of higher grade nickel mineralization. The intersections range from 113.61m to 186.69m in drill hole LN08-127 to 252.21m to 294.13m in drill hole LN08-130 vertically below surface. Felsic dykes terminated the bottom of the nickel mineralization in drill hole LN08-127.
The above drill holes continue to confirm the presence of a higher-grade nickel bearing mineralization within the northern portion of the Langmuir No.2 North Zone.
The following revised assay results for drill holes LN08-127 to LN08-130, inclusively at the Langmuir No.2 Mine – North Zone have been received, compiled and condensed to the following:
|
Drill Hole |
From (m) |
To (m) |
Core Length (m) |
True Width (m) |
Core Length (ft) |
True Width (ft) |
Weighted Average Ni (%) |
|
LN08-127 |
|
139.92 |
237.25 |
97.33 |
78.74 |
319.32 |
258.33 |
0.390 |
|
or |
162.57 |
235.30 |
72.73 |
58.84 |
238.62 |
193.04 |
0.431 | |
|
and contains | ||||||||
|
|
186.47 |
190.50 |
4.03 |
3.22 |
13.22 |
10.56 |
0.932 | |
|
|
198.50 |
208.30 |
9.80 |
7.93 |
32.15 |
26.02 |
0.504 | |
|
|
213.75 |
219.34 |
5.59 |
4.58 |
18.34 |
15.03 |
0.509 | |
|
|
223.76 |
227.00 | ||||||
|
LN08-128 |
|
143.00 |
261.20 |
118.20 |
89.21 |
387.80 |
292.68 |
0.465 |
|
or | ||||||||
|
|
168.00 |
252.95 |
84.95 |
64.11 |
278.71 |
210.33 |
0.545 | |
|
and contains | ||||||||
|
|
184.30 |
203.10 |
18.80 |
14.19 |
61.68 |
46.56 |
0.915 | |
|
|
184.30 |
185.82 |
1.52 |
1.15 |
4.99 |
3.77 |
1.188 | |
|
|
187.50 |
189.10 |
1.60 |
1.21 |
5.25 |
3.97 |
1.306 | |
|
|
193.20 |
203.10 |
9.90 |
7.47 |
32.48 |
24.51 |
1.112 | |
|
|
213.60 |
216.57 |
2.97 |
2.24 |
9.74 |
7.35 |
0.576 | |
|
|
234.60 |
252.95 |
18.35 |
14.06 |
60.20 |
46.13 |
0.700 | |
|
or |
244.20 |
252.95 |
8.75 |
6.70 |
28.71 |
21.98 |
0.926 | |
|
and | ||||||||
|
|
267.20 |
276.05 |
8.85 |
6.68 |
29.04 |
21.92 |
0.268 | |
|
or |
271.52 |
276.05 |
4.53 |
3.43 |
14.86 |
11.25 |
0.319 | |
|
LN08-129 |
|
196.00 |
326.59 |
130.59 |
90.72 |
428.44 |
297.64 |
0.338 |
|
and contains | ||||||||
|
|
219.50 |
225.30 |
5.80 |
4.03 |
19.03 |
13.22 |
0.352 | |
|
|
287.50 |
293.00 |
5.50 |
3.82 |
18.04 |
12.53 |
0.413 | |
|
|
301.42 |
317.69 |
16.27 |
11.30 |
53.38 |
37.07 |
0.629 | |
|
with |
304.50 |
314.91 |
10.41 |
7.23 |
34.15 |
23.72 |
0.818 | |
|
or |
306.15 |
310.49 |
4.34 |
3.01 |
14.24 |
9.88 |
1.062 | |
|
or |
306.75 |
308.30 |
1.55 |
1.08 |
5.09 |
3.54 |
1.399 | |
|
|
319.95 |
326.12 |
6.17 |
4.29 |
20.24 |
14.07 |
0.895 | |
|
with |
319.95 |
321.85 |
1.90 |
1.32 |
6.23 |
4.33 |
1.103 | |
|
and | ||||||||
|
|
329.47 |
334.70 |
5.23 |
3.63 |
17.16 |
11.91 |
0.469 | |
|
LN08-130 |
|
226.00 |
332.04 |
106.04 |
66.73 |
347.90 |
218.93 |
0.324 |
|
and contains | ||||||||
|
|
226.00 |
277.00 |
51.00 |
32.10 |
167.32 |
105.31 |
0.244 | |
|
|
277.00 |
290.00 |
13.00 |
8.18 |
42.65 |
26.84 |
0.700 | |
|
with |
285.23 |
287.12 |
1.89 |
1.19 |
6.20 |
3.90 |
1.568 | |
|
|
290.00 |
316.80 |
26.80 |
16.87 |
87.93 |
55.35 |
0.276 | |
|
|
316.80 |
321.78 |
4.98 |
3.13 |
16.34 |
10.27 |
0.759 | |
|
with |
319.35 |
321.78 |
2.43 |
1.53 |
7.97 |
5.02 |
1.116 | |
|
and | ||||||||
|
|
338.10 |
345.00 |
6.90 |
4.34 |
22.64 |
14.24 |
0.204 | |
The nickel bearing sulphide mineralization, with estimations ranging from 1% to 20% fine-grained disseminatations up to massive 100% sulphides, is contained within serpentenized komatiitic ultramaftic extrusive flows with occasional spinifex texture.
The assaying technique used is the industry standard for base metal assaying, which uses nitric and hydrochloric acids that extracts nickel only from sulphide mineralization and not from nickel silicate minerals.
The assaying of split core samples was conducted by Swastika Laboratories, and included the insertion of
blanks and standards. The Qualified Person in charge of the Langmuir Project and the person who prepared the
technical data in this release is Kian Jensen, B.Sc., P.Geo. (On), who is an arm's length party retained by the
Company to carry out its exploration program on the Langmuir Project.
For further information, please contact Randy Miller, President of the Company, at tel: 416-842-9000, www.inspirationmining.com
For Investor Relations call:
Gale Capital Corporation
Ph. 604.221.7604
Fax 604.221.7606
galecapital@shaw.ca
The TSX has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.