Inspiration Mining Corporation (ISM.TO)

Posted: Tue Nov 18, 2008 2:56 pm

Inspiration Mining Corporation, a junior mining company, owns the rights to 100% interest in 28 unpatented contiguous claims containing 69 units, covering approximately 1090 hectares in Langmuir Township, Porcupine Mining Division, Ontario, Canada. The company also has the rights to 100% interest (less a 5% Net Smelter Return less mining, concentration, etc. expenses) in 31 contiguous lode claims covering 246 ha located approximately 35 km southwest of Salt Lake City, Utah.

In addition, Inspiration Mining has the rights to 100% interest in 82 mineral claim units on Vancouver Island near the Pacific Coast in western Canada. Those claims, collectively known as the Jasper Property, cover 2050 hectares lying west of Lake Cowichan in west-central Vancouver Island in British Columbia. The company optioned the Jasper Property in 1995 and acquired a 100% interest in December of 1996.

Inspiration Mining is focused on exploring for polymetallic, massive sulphide deposits on its Jasper property on Vancouver Island, British Columbia, gold-copper on the Barton Syndicate Dry Fork property in Utah, and nickel deposits on its Langmuir property near Timmins, Ontario. The company is led by a team of experienced executives who believe the properties have excellent potential and are focused on strategically extracting their resources.