The Mining Stock Report

ISM issues clarification regarding the information contained in a news article dated May 15, 2008 entitled "Defamation Suit Chills Would-be Partners" as reported by the Globe and Mail.

TORONTO, ONTARIO, May 15, 2008 (MARKET WIRE via COMTEX News Network)—Inspiration (TSX: ISM)(FRANKFURT: OI8) would like to clarify the information contained in a news article dated May 15, 2008 entitled “Defamation Suit Chills Would-be Partners” as reported by the Globe and Mail.

Contrary to the information contained in the article, Inspiration is not involved in any discussions or negotiations pertaining to a joint venture with any third party.

With respect to the lawsuit, Inspiration has commenced legal proceedings against several individuals with respect to comments made by such individuals on an electronic bulletin board. Inspiration decided to commence legal proceedings in order to protect shareholder value and prevent the dissemination of information that was made solely to harm the reputation of the Company and its Langmuir property and it’s CEO.

The TSX has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Contacts: Inspiration Mining Corporation Randy Miller President (905) 853–7400 Website: www.inspirationmining.com For Investor Relations call: Gale Capital Corporation (604) 221–7604 (604) 221–7606 (FAX) Email: galecapital@shaw.ca

SOURCE: Inspiration Mining Corporation

http://www.inspirationmining.com
galecapital@shaw.ca