Inspiration Mining Corporation (TSX:ISM)(FRANKFURT:OI8) has announced results of recent infill and detail drilling conducted at the Langmuir One Nickel Deposit.
The Langmuir Open Pit Deposit comprises 69 mining claims covering 1121 hectares in the Langmuir Township, 25 km southeast of Timmins, Ontario.
The 2010 exploration program currently in progress aims at three different NI sulphide-bearing zones in the extension of the Langmuir 1 deposit in a much similar and favourable geological and sulfide mineralization context.
Within the first zone, exemplified by intersections, the Corporation drilled infill exploration holes located immediately to the northeast in the extension of the Langmuir 1 planned open pit mine with the following intersections:
The drill results for the L1-10-01 and the L1-10-02 will be included in the present extension database and used to produce a new upgraded NI resource calculation for the Langmuir 1 deposit. As set out in a National Instrument 43-101 compliant resource estimate report, prepared by Micon International Limited, the deposit is currently measured at 1.733 Mt @ 0.51% Ni.
Within the second zone, L1-10-05 and L1-10-06 are part of a nearby but distinct zone located stratigraphically immediately above the Langmuir 1 deposit zone for which a parallel exploration program is being carried out and for which new Ni resources will be produced.
Within zone 3 similar to the present exploration program, holes will be drilled in a nearby Ni sulfide bearing zone located stratigraphically below the Langmuir 1 deposit and for which resource calculations will also be carried out.
Chief Executive Officer, Mr. Randy Miller states: "We continue to be encouraged by the significant progress being in the field in identifying meaningful additional tonnage of nickel mineralization at our Langmuir property and look forward to providing an updated 43-101 by Q1 2011."
The Qualified person in charge of the Langmuir Property and the person who prepared the technical data in this release is Andre Ciesielski P.Geo.
Source: Inspiration Mining Corporation