ISM NEWS! Dewatering
posted on
May 12, 2009 07:26AM
The company is exploring for nickel deposits on its Langmuir property near Timmins, Ontario; for nickel-gold-copper on its Cleaver and Douglas properties; and for molybdenum and rare earth elements at recently acquired Desrosiers property.
TORONTO, ONTARIO--(Marketwire - May 12, 2009) - Inspiration Mining Corporation (the "Corporation") (TSX:ISM)(FRANKFURT:OI8) would like to provide an update on the status of its Langmuir #1 property (the "Property"). The Corporation engaged Blue Heron Solutions for Environmental Management Inc. ("Blue Heron") to initiate the necessary environmental permitting initiatives in order for the Corporation to obtain the necessary approvals for the dewatering of the Property. The dewatering process is a necessary first step in the Corporation's preparation of advanced exploration activities on the Property. In order to obtain the necessary approvals, the Corporation has: (i) initiated a baseline collection program to ensure that the dewatering process will cause any unnecessary damage to the surrounding area's water flow; (ii) identified the required ministerial, environmental and local approvals to commence the dewatering process; and (iii) completed conceptual engineering related to the dewatering process. These activities are required in order for the Corporation to submit the necessary permit applications for the dewatering of the Langmuir #1 Project. In addition, the Corporation is currently identifying all interested parties in order to commence the necessary consultations with the appropriate stakeholders and aboriginal parties in order to ensure that all future exploration activities on the Langmuir #1 Project is done in an efficient and responsible manner. The dewatering process and advances exploration activities were reviewed by third party independent consultants and, based on their findings, it is predicted that the dewatering process does not trigger any environmental assessment under the Canadian Environmental Assessment Act. Randy Miller, the President of the Corporation, states "The work done on the Langmuir #1 Property by Blue Heron (www.blueheronenv.com) has and continues to assist the Corporation in its goal of dewatering Langmuir #1 and continuing its exploration activities underground. The dewatering process signifies a significant step in the advancement of Langmuir #1 and the identification of the mineral deposit on the property." About the Corporation The Corporation is a public junior mining company exploring for nickel deposits on its Langmuir property near Timmins, Ontario, as well as gold-copper on the Barton Syndicate Dry Fork property in Utah. For further information, please contact Randy Miller, President of the Corporation, at tel: 905.853.7400, www.inspirationmining.com FOR FURTHER INFORMATION PLEASE CONTACT: For Investor Relations call: Gale Capital Corporation 604.221.7604 604.221.7606 (FAX) galecapital@shaw.ca The TSX has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. |