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Drill Results
FOR IMMEDIATE RELEASE
| February, 10 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, and 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) |
|
LN08-131 |
3099.24 |
1976.50 |
-50.63 |
298.85 |
3672.27 |
162.08 |
199.47 |
|
LN08-132 |
3099.04 |
1976.79 |
-58.73 |
298.32 |
3672.24 |
162.43 |
261.75 |
|
LN08-133 |
3082.06 |
2005.66 |
-56.80 |
299.78 |
3671.97 |
195.92 |
323.25 |
|
LN08-134 |
3082.01 |
2005.74 |
-60.35 |
300.10 |
3671.97 |
196.02 |
340.36 |
|
LN08-135 |
3081.94 |
2005.94 |
-65.62 |
297.82 |
3672.00 |
196.22 |
434.67 |
Drill holes LN08-131 to LN08-135, respectively, were completed on Section 3675 North. Drill hole LN08-131 is approximately 13.65m down-dip from previously released drill hole LN06-60. The series of drill holes were designed to follow up the down dip extension of the wide nickel mineralization and to locate the upper portion of the high-grade nickel mineralization intersected in previously released drill hole LN08-108. Drill hole LN08-135 is approximately 79.7 metres up-dip from drill hole LN08-108.
Drill hole LN08-108 deviated northwards onto Section 3675 North and is located approximately 243 metres down dip from previously released drill hole LN06-60. The nickel mineralization averaged 0.917% Ni over a true width of 17.75 m or 58.23 feet and is approximately 310 metres to 335 metres vertically below surface.
The following revised assay results for drill holes LN08-131 to LN08-135, 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 (%) |
|
LN08-131 |
|
88.00 |
180.53 |
92.53 |
77.60 |
303.58 |
254.59 |
0.268 |
|
and contains | ||||||||
|
|
90.00 |
110.00 |
20.00 |
16.77 |
65.62 |
55.02 |
0.324 | |
|
|
153.00 |
161.00 |
8.00 |
6.78 |
26.25 |
22.24 |
0.306 | |
|
|
168.84 |
170.79 |
1.95 |
1.65 |
6.40 |
5.41 |
0.644 | |
|
|
176.69 |
180.53 |
3.84 |
3.26 |
12.60 |
10.70 |
0.409 | |
|
LN08-132 |
|
104.00 |
185.60 |
81.60 |
62.51 |
267.72 |
205.09 |
0.350 |
|
and contains | ||||||||
|
|
172.00 |
178.80 |
6.80 |
5.28 |
22.31 |
17.32 |
0.581 | |
|
with |
173.00 |
174.00 |
1.00 |
0.78 |
3.28 |
2.56 |
1.090 | |
|
|
182.90 |
185.60 |
2.70 |
2.10 |
8.86 |
6.89 |
0.476 | |
|
and | ||||||||
|
|
194.40 |
195.40 |
1.00 |
0.78 |
3.28 |
2.56 |
0.454 | |
|
|
207.00 |
207.70 |
0.70 |
0.54 |
2.30 |
1.77 |
0.545 | |
|
|
209.50 |
210.40 |
0.90 |
0.70 |
2.95 |
2.30 |
0.620 | |
|
LN08-133 |
|
138.00 |
276.55 |
138.55 |
107.67 |
454.56 |
353.25 |
0.333 |
|
and contains | ||||||||
|
|
163.00 |
165.00 |
2.00 |
1.55 |
6.56 |
5.09 |
0.532 | |
|
|
179.00 |
185.96 |
6.96 |
5.41 |
22.83 |
17.75 |
0.466 | |
|
|
204.00 |
217.00 |
13.00 |
10.10 |
42.65 |
33.14 |
0.921 | |
|
with |
205.00 |
210.00 |
5.00 |
3.94 |
16.40 |
12.93 |
1.147 | |
|
and |
213.00 |
215.00 |
2.00 |
1.55 |
6.56 |
5.09 |
1.043 | |
|
|
248.84 |
253.50 |
4.66 |
3.67 |
15.29 |
12.04 |
0.767 | |
|
with |
248.84 |
249.44 |
0.60 |
0.47 |
1.97 |
1.54 |
1.505 | |
|
and |
252.50 |
253.50 |
1.00 |
0.79 |
3.28 |
2.59 |
1.130 | |
|
LN08-134 |
|
162.00 |
263.05 |
101.05 |
73.90 |
331.53 |
242.45 |
0.398 |
|
and contains | ||||||||
|
|
198.00 |
212.00 |
14.00 |
10.24 |
45.93 |
33.60 |
0.895 | |
|
with |
204.00 |
209.25 |
5.25 |
3.84 |
17.22 |
12.60 |
1.671 | |
|
or |
205.95 |
208.25 |
2.30 |
1.68 |
7.55 |
5.51 |
2.384 | |
|
|
217.00 |
230.00 |
13.00 |
9.51 |
42.65 |
31.20 |
0.507 | |
|
with |
217.00 |
218.00 |
1.00 |
0.74 |
3.28 |
2.43 |
0.910 | |
|
and |
222.00 |
225.00 |
3.00 |
2.19 |
9.84 |
7.19 |
0.813 | |
|
|
234.00 |
244.00 |
10.00 |
7.31 |
32.81 |
23.98 |
0.449 | |
|
Drill Hole |
From (m) |
To (m) |
Core Length (m) |
True Width (m) |
Core Length (ft) |
True Width (ft) |
Weighted Average Ni (%) |
|
LN08-135 |
|
178.00 |
202.10 |
24.10 |
16.74 |
79.07 |
54.92 |
0.243 |
|
and | ||||||||
|
|
221.00 |
222.00 |
1.00 |
0.69 |
3.28 |
2.26 |
0.610 | |
|
and | ||||||||
|
|
226.17 |
299.73 |
73.56 |
51.10 |
241.34 |
167.65 |
0.490 | |
|
or |
256.00 |
299.73 |
43.73 |
30.38 |
143.47 |
99.67 |
0.660 | |
|
with |
277.00 |
288.68 |
11.68 |
8.11 |
38.32 |
26.61 |
1.104 | |
|
and |
290.50 |
299.73 |
9.23 |
6.41 |
30.28 |
21.03 |
0.936 | |
|
or |
291.50 |
296.50 |
5.00 |
3.47 |
16.40 |
11.38 |
1.080 | |
|
and | ||||||||
|
|
314.40 |
318.40 |
4.00 |
2.83 |
13.12 |
9.28 |
0.578 | |
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.