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Last updated on April 18, 2014 at 17:24 EDT

Inspiration Intersects 0.654% Ni Over 4.46 M or 14.63 Ft Including 1.290% Ni Over 0.59 M or 1.94 Ft (True Width)

July 9, 2008

TORONTO, ONTARIO–(Marketwire – July 9, 2008) – Inspiration Mining Corporation (the “Corporation”)(TSX:ISM)(FRANKFURT:OI8) 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.1 Mine. The detail fill-in drill program is designed to complete the definition of the nickel bearing mineralization below the 300-foot mine level to a vertical depth of approximately 900 feet below surface.

The following table indicates the drill information for the Langmuir No. 1 Mine drill holes:

——————————————————————– ——- ——————————————————————– ——- Drill Hole____ Grid____ Grid____ Dip__ Azimuth__ Section__ Section__Length __________ Northing__Easting________ (Geodetic) Northing__ Easting______(m) ____________(metres) (metres)______________________(feet)____(feet) ——————————————————————– ——- ——————————————————————– ——- L108-111____1171.70__2251.61__-60.91____305.05__ 2998.15__10383.53__308.70 ——————————————————————– ——- L108-112____1140.86__2249.59__-50.08____305.77__ 2897.23__10393.16__302.80 ——————————————————————– ——- L108-113____1111.11__2244.70__-49.77____303.12__ 2798.29__10392.89__302.88 ——————————————————————– ——- L108-114____1382.46__2371.88__-60.32____305.28__ 3743.75__10662.66__254.23 ——————————————————————– ——- L108-115____1382.36__2372.09__-67.42____306.43__ 3743.55__10663.38__290.03 ——————————————————————– ——- L108-116____1382.40__2372.34__-72.46____301.18__ 3743.81__10664.19__344.53 ——————————————————————– ——- ——————————————————————– ——-

Drill holes L108-111 to L108-113 were completed 100 feet, 200 feet and 300 feet, respectively, south of previously released drill holes L108-102 to L108-104 located on mine section 3100 North. Drill holes L108-111 and L108-112 yielded background nickel anomalous values only. These drill holes were exploring the nickel potential south of the known nickel mineralized zones.

Drill hole L108-114 to L108-116 were completed from the same setup approximately 110 feet east (mine grid) of previously released drill holes L107-54 and L107-55. A felsic intrusive dyke terminated the upper portion of the nickel mineralization in L108-115 from 241.86m to 249.10m. Both L108-115 and L108-116 encountered a felsic intrusive dyke at the lower contact of the ultramafic komatiite flow.

The following assay results for drill holes L108-113 to L108-116 at the former Langmuir No.1 Mine have been received, compiled and condensed to the following:

——————————————————————– ——– Drill Hole__________ From (m)__To (m)__ Core__ True____Core__ True Weighted

_______________________________Length__Width__Length__Width__Average __________________________________________(m)____(m)____(ft)__ (ft)____Ni(%) ——————————————————————– ——– ——————————————————————– ——– L108-113______________124.30__125.30____1.00__ 0.82____3.28__ 2.69____0.580 ——————————————————————– ——– ——————————————————————– ——– L108-114______________110.70__111.70____1.00__ 0.71____3.28__ 2.33____0.640 ——————————————————————– ——– ——————————————————————– ——– L108-115______________207.00__209.00____2.00__ 1.23____6.56__ 4.04____0.387 __________———————————————————- ——– __________and __________———————————————————- ——– ______________________241.86__249.10____7.24__ 4.46__ 23.75__14.63____0.654 __________———————————————————- ——– __________containing __________———————————————————- ——– ______________________241.86__247.30____5.44__ 3.35__ 17.85__10.99____0.726 __________———————————————————- ——– ______________________241.86__242.82____0.96__ 0.59____3.15__ 1.94____1.290 __________———————————————————- ——– __________and __________———————————————————- ——– ______________________253.00__254.00____1.00__ 0.62____3.28__ 2.03____0.513 ——————————————————————– ——– ——————————————————————– ——– L108-116______________252.00__254.00____2.00__ 1.09____6.56__ 3.58____0.434 __________———————————————————- ——– __________and __________———————————————————- ——– ______________________264.00__266.00____2.00__ 1.09____6.56__ 3.58____0.382 __________———————————————————- ——– __________and __________———————————————————- ——– ______________________269.00__273.00____4.00__ 2.18__ 13.12__ 7.15____0.707 __________———————————————————- ——– __________and __________———————————————————- ——– ______________________269.00__270.00____1.00__ 0.54____3.28__ 1.77____1.610 ——————————————————————– ——–

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. (Ont).

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