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Inspiration Intersects 0.319% Ni Over 13.96m or 45.80ft and 0.259% Ni Over 21.93m or 71.95ft (True Width)

August 19, 2008

TORONTO, ONTARIO–(Marketwire – Aug. 19, 2008) – Inspiration Mining Corporation (TSX:ISM)(FRANKFURT:OI8) (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 below the 100 metre level.

The following table indicates the drill information for the North Zone drill holes:

——————————————————————– ——- ——————————————————————– ——- Drill Hole____ Grid____ Grid____ Dip__ Azimuth__ Section__ Section__Length __________ Northing__Easting________ (Geodetic) Northing__ Easting______(m) ____________(metres) (metres)____________________(metres)__(metres) ——————————————————————– ——- ——————————————————————– ——- LN08-111____3065.35__1939.11__ -59.4__6 300.78__ 3624.22____146.64__ 181.86 ——————————————————————– ——- LN08-112____3065.19__1939.36__-66.57____300.65__ 3624.20____146.94__ 235.90 ——————————————————————– ——- LN08-113____3050.99__1962.99__-64.75____300.15__ 3623.73____174.51__ 248.03 ——————————————————————– ——- LN08-114____3050.87__1963.20__-71.71____298.43__ 3623.72____174.74__ 281.02 ——————————————————————– ——- ——————————————————————– ——-

Drill holes LN08-111 to LN08-114 inclusively were completed on the same drill section in the southern portion of the North Zone and were designed to follow the down plunge nickel mineralization from previously release drill holes.

Drill holes LN08-111 and LN08-112 were located approximately 27.9 metres east of previously released drill holes LN07-68 and LN07-69 with the mineralization intersected approximately 26.24 metres and 58.48 metres, respectively, down dip from hole LN07-69.

Drill holes LN08-113 and LN08-114 were located approximately 27.86 metres further east of LN08-111 and LN08-112 and intersected nickel mineralization beneath the plunge of the zone. Drill hole LN08-114 intersected a wide zone of nickel mineralization that was dyked out in previously released drill hole LN08-110. The nickel mineralization ranging from 242.80 m to 270.00 m (core length) is approximately 227 metres to 247 metres vertically below surface.

The following assay results for drill holes LN08-107 to LN08-110 at the Langmuir No.2 Mine – North Zone 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(%) ——————————————————————– ——- ——————————————————————– ——- LN08-111____________ 101.30__120.09__ 18.79__13.96__ 61.65__45.80____0.319 __________ ——————————————————— ——- __________ and __________ contains __________ ——————————————————— ——- ____________________ 101.30__105.79____4.49__ 3.34__ 14.73__10.96____0.494 __________ ——————————————————— ——- ____________________ 107.70__120.09__ 12.39__ 9.21__ 40.65__30.22____0.276 __________ ——————————————————— ——- __________ and __________ ——————————————————— ——- ____________________ 131.00__137.00____6.00__ 4.46__ 19.69__14.63____0.210 __________ ——————————————————— ——- __________ and __________ ——————————————————— ——- ____________________ 140.00__144.63____4.63__ 3.44__ 15.19__11.29____0.207 ——————————————————————– ——- ——————————————————————– ——- LN08-112____________ 111.90__116.40____4.50__ 2.77__ 14.76__ 9.09____0.288 __________ ——————————————————— ——- __________ and __________ ——————————————————— ——- ____________________ 118.30__153.14__ 34.84__21.93__114.30__71.95____0.259 __________ ——————————————————— ——- __________ with______129.30__133.30____4.00__ 2.52__ 13.12__ 8.27____0.415 ——————————————————————– ——- ——————————————————————– ——- LN08-113____________ 157.80__166.60____8.80__ 5.89__ 28.87__19.32____0.220 __________ ——————————————————— ——- __________ and __________ ——————————————————— ——- ____________________ 171.50__173.50____2.00__ 1.34____6.56__ 4.40____0.216 __________ ——————————————————— ——- __________ and __________ ——————————————————— ——- ____________________ 176.60__178.30____1.70__ 1.14____5.58__ 3.74____0.316 __________ ——————————————————— ——- __________ and __________ ——————————————————— ——- ____________________ 223.80__226.00____2.20__ 1.47____7.22__ 4.82____0.534 ——————————————————————– ——- ——————————————————————– ——- LN08-114____________ 181.00__185.00____4.00__ 2.29__ 13.12__ 7.51____0.273 __________ ——————————————————— ——- __________ and __________ ——————————————————— ——- ____________________ 208.00__210.00____2.00__ 1.15____6.56__ 3.77____0.302 __________ ——————————————————— ——- __________ and __________ ——————————————————— ——- ____________________ 214.00__216.00____2.00__ 1.15____6.56__ 3.77____0.388 __________ ——————————————————— ——- __________ and __________ ——————————————————— ——- ____________________ 218.00__220.00____2.00__ 1.15____6.56__ 3.77____0.257 __________ ——————————————————— ——- __________ and __________ ——————————————————— ——- ____________________ 242.80__270.00__ 27.20__15.60__ 89.24__51.18____0.263 ——————————————————————– ——-

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), who is an arm’s length party retained by the Corporation to carry out its exploration program on the Langmuir Project.

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