I liked the story about the three rigs, that's encouraging as we certainly seemed to have the money to do so. We also have flow-through committments as well don't we that we must fulfill.
WRT the Nickel............... here's what we do know.
1)NI-43-101 commissioned and announced May 16
2)Metallurgy commissioned and announced June 04
3)VTEM survey commissioned and announced June 26
Key Milestone Achieved-Inspiration Mining Initiates Scoping Metallurgical Testing at Langmuir Project, Ontario
11:00 EDT Wednesday, June 04, 2008
TORONTO, ONTARIO--(Marketwire - June 4, 2008) - Inspiration Mining Corp. (the "Corporation") (TSX:ISM)(FRANKFURT:OI8) is pleased to announce that SGS Minerals Services (SGS), the world's preeminent global supplier of metallurgical services, has been retained to conduct the metallurgical investigations required for the Langmuir deposit with work to commence immediately. Located in Langmuir Township south of Timmins, Ontario, the property consists of 69 unpatented contiguous mining claim units approximately 25 km southeast of Timmins, Ontario. It hosts the past producing Langmuir No.1 Mine, and majority of the past producing Langmuir No. 2 Mine. The project work will be done in Lakefield where SGS has a comprehensive team of professionals with significant expertise with nickel deposits, having completed several similar large projects.
The project will cover the grindability of the mineralization, chemical and mineralogical characterization, flotation testing, geotechnical and environmental testwork (including humidity cell and ageing studies) on a selection of samples from the project. The study will identify and evaluate metallurgical options and provide guidelines for potential future development. The testwork will be phased, with the initial work focusing on assessing the extractive metallurgy and the variability of the ore. A second phase of testwork will follow to optimize the proposed flowsheet, predict metal recoveries and map variability throughout the project. The metallurgical response of the Langmuir mineralization will be evaluated with respect to flowsheets typical of other producing nickel mines in Canada.
Inspiration President and CEO, Randy Miller, remarked "The initiation of this scoping metallurgical testwork at Langmuir marks another key milestone for Inspiration. With SGS engaged, this advanced-stage project has advanced another milestone in its development."
