June 26, 2008
Inspiration Mining Corporation: Geotech Commissioned for VTEM Survey
Inspiration Mining Corporation (the "Corporation") (TSX: ISM)(FRANKFURT: OI8) is pleased to announce it has commissioned Geotech Ltd. ("Geotech") of Aurora, Ontario, Canada to conduct a helicopter-borne geophysical survey of the Langmuir Property using Geotech's Versatile Time-Domain Electromagnetic ("VTEM") geophysical system.
The VTEM is the most innovative and successful airborne electromagnetic system to be introduced in more than 30 years. It is excellent for locating discrete conductive anomalies as well as mapping lateral and vertical variations in resistivity. The VTEM system has a high sensitivity cesium magnetometer for mapping geologic structure and lithology and a cesium magnetometer base station for diurnal correction.
"The VTEM survey represents a significant step towards the development of the Langmuir project," said Randy Miller, President of the Corporation. "The survey will provide valuable information as to the mineral potential of the property and will enable the Corporation to fully develop the potential of the property."
Geotech provides full service contract airborne geophysical surveys with their proprietary, large dipole moment, VTEM system. Geotech operates nine VTEM systems in Canada of the world-wide total of 22. Their clients are mainly from the mineral and petroleum exploration industries. Its proprietary VTEM system, in the five years since its first commercial survey, has become the airborne system of choice by the exploration community. A number of exploration successes have been attributed to VTEM surveys by the exploration companies.
Forward Looking Statements
This update 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.
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Contacts: Inspiration Mining Corporation Randy Miller President (905) 853-7400 Website: www.inspirationmining.com For Investor Relations call: Gale Capital Corporation (604) 221-7604 (604) 221-7606 (FAX) Email: [email protected]
SOURCE: Inspiration Mining Corporation