Welcome!

News Feed Item

Inspiration to Proceed With the Dewatering of Langmuir No. 1 Mine

TORONTO, ONTARIO -- (Marketwired) -- 06/02/14 -- Inspiration Mining Corporation (the "Corporation") (TSX: ISM)(FRANKFURT: OI8)(PINKSHEETS: IRMGF) would like to announce that it intends to proceed with the dewatering of the existing ramp (the "Ramp") to the Langmuir No. 1 mine. The Corporation intends to dewater the Ramp in order to commence an advanced exploration program in the higher grade mineralization ore body which occurs in the Langmuir No. 1 mine. The dewatering process requires a permit to take water ("PTTW") application to the Ministry of the Environment. The PTTW is required to ensure safe working conditions and to supply process water for the mining operations. To support its application, the Corporation retained AMEC Earth & Environmental, a division of AMEC Americas Limited ("AMEC"), to undertake a hydrogeological study.

The Ramp was used by the property's former owner, Timmins Nickel, to extract over 100,000 tonnes of ore with an average of 2.2% nickel. Langmuir No. 1 mine is an underground mine which is only accessible through the use of the Ramp, which extends to a length of 1,650 feet. Upon the cessation of operations by Timmins Nickel, the Langmuir No. 1 mine and the Ramp were allowed to be filled with ground and rain water.

The results of the AMEC study were issued on September 3, 2008. That study was quite extensive and had to be based on a large number of factors, including surface water drainage, nature of the overburden and bedrock, groundwater chemistry, the details, underground water flow, and a multitude of environmental factors. The preparation of also required consideration not only all historical data for the area as well as the baseline environmental report by BZ Environmental. Details not otherwise available were developed through additional DDH drilling by AMEC to provide information.

In addition, a numerical 3D steady-state groundwater flow (MODFLOW) model was developed to estimate seepage into the underground workings at the Langmuir No.1 mine site and to access the zone-of-influence associated with the long-term mine dewatering operations. The model is based on the previously developed groundwater flow model for the McWatters Mine Site located at a distance of about 2 km to the south of the Langmuir No.1 Mine site.

Model simulations, conducted for the Langmuir No 1 mine site by AMEC, showed that:


--  Long-term groundwater seepage into the increased (by about 25%) existing
    underground mine workings is expected to be about 150 m,

--  Zone-of-influence, defined by the 0.3 m drawdown contour, is predicted
    to not exceed about 2 km from the mine site,

--  Reduction of the groundwater flow contribution to the unnamed creek,
    originating at a distance of about 750 m to the south-east of the mine
    site, is predicted to be 50 m, and

--  Total groundwater flow contribution to Night Hawk Lake and its
    tributaries is predicted to be reduced by about 65 m due to the
    dewatering of the Langmuir No.1 Mine.

Based on the above, AMEC concluded in its report that dewatering of the underground workings at the Langmuir No. 1 mine site may have a relatively limited impact on the nearby surface water features. However, impact on other surface water features, located further away from the mine site, is expected to be non-measurable or negligible.

"The dewatering process will represent a significant step forward in the advancement of the property," stated Randy Miller, the President of the Corporation. "The dewatering of the ramp is necessary for the Corporation to access the higher grade ore body in the Langmuir No. 1 Mine. Once access is obtained, the Corporation will be in a position to further advance the property."

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

Forward Looking Statements

This news release contains "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities legislation. Generally, these forward-looking statements can be identified by the use of forward-looking terminology such as "plans", "anticipated", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". Inspiration is subject to significant risks and uncertainties which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward looking statements contained in this release. Inspiration cannot assure investors that actual results will be consistent with these forward looking statements and Inspiration assumes no obligation to update or revise the forward looking statements contained in this release to reflect actual events or new circumstances.

Contacts:
Inspiration Mining Corporation
Randy Miller
Chief Executive Officer
416-842-9000
www.inspirationmining.com

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
SYS-CON Events announced today that Hitrons Solutions will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Hitrons Solutions Inc. is distributor in the North American market for unique products and services of small and medium-size businesses, including cloud services and solutions, SEO marketing platforms, and mobile applications.
SYS-CON Events announced today that eCube Systems, a leading provider of middleware modernization, integration, and management solutions, will exhibit at @DevOpsSummit at 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. eCube Systems offers a family of middleware evolution products and services that maximize return on technology investment by leveraging existing technical equity to meet evolving business needs. ...
SYS-CON Events announced today Telecom Reseller has been named “Media Sponsor” of SYS-CON's 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Telecom Reseller reports on Unified Communications, UCaaS, BPaaS for enterprise and SMBs. They report extensively on both customer premises based solutions such as IP-PBX as well as cloud based and hosted platforms.
Pulzze Systems was happy to participate in such a premier event and thankful to be receiving the winning investment and global network support from G-Startup Worldwide. It is an exciting time for Pulzze to showcase the effectiveness of innovative technologies and enable them to make the world smarter and better. The reputable contest is held to identify promising startups around the globe that are assured to change the world through their innovative products and disruptive technologies. There w...
SYS-CON Events announced today that Isomorphic Software will exhibit at DevOps Summit at 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Isomorphic Software provides the SmartClient HTML5/AJAX platform, the most advanced technology for building rich, cutting-edge enterprise web applications for desktop and mobile. SmartClient combines the productivity and performance of traditional desktop software with the simp...
Extreme Computing is the ability to leverage highly performant infrastructure and software to accelerate Big Data, machine learning, HPC, and Enterprise applications. High IOPS Storage, low-latency networks, in-memory databases, GPUs and other parallel accelerators are being used to achieve faster results and help businesses make better decisions. In his session at 18th Cloud Expo, Michael O'Neill, Strategic Business Development at NVIDIA, focused on some of the unique ways extreme computing is...
With so much going on in this space you could be forgiven for thinking you were always working with yesterday’s technologies. So much change, so quickly. What do you do if you have to build a solution from the ground up that is expected to live in the field for at least 5-10 years? This is the challenge we faced when we looked to refresh our existing 10-year-old custom hardware stack to measure the fullness of trash cans and compactors.
The emerging Internet of Everything creates tremendous new opportunities for customer engagement and business model innovation. However, enterprises must overcome a number of critical challenges to bring these new solutions to market. In his session at @ThingsExpo, Michael Martin, CTO/CIO at nfrastructure, outlined these key challenges and recommended approaches for overcoming them to achieve speed and agility in the design, development and implementation of Internet of Everything solutions wi...
Cloud computing is being adopted in one form or another by 94% of enterprises today. Tens of billions of new devices are being connected to The Internet of Things. And Big Data is driving this bus. An exponential increase is expected in the amount of information being processed, managed, analyzed, and acted upon by enterprise IT. This amazing is not part of some distant future - it is happening today. One report shows a 650% increase in enterprise data by 2020. Other estimates are even higher....
With over 720 million Internet users and 40–50% CAGR, the Chinese Cloud Computing market has been booming. When talking about cloud computing, what are the Chinese users of cloud thinking about? What is the most powerful force that can push them to make the buying decision? How to tap into them? In his session at 18th Cloud Expo, Yu Hao, CEO and co-founder of SpeedyCloud, answered these questions and discussed the results of SpeedyCloud’s survey.
Today we can collect lots and lots of performance data. We build beautiful dashboards and even have fancy query languages to access and transform the data. Still performance data is a secret language only a couple of people understand. The more business becomes digital the more stakeholders are interested in this data including how it relates to business. Some of these people have never used a monitoring tool before. They have a question on their mind like “How is my application doing” but no id...
Actian Corporation has announced the latest version of the Actian Vector in Hadoop (VectorH) database, generally available at the end of July. VectorH is based on the same query engine that powers Actian Vector, which recently doubled the TPC-H benchmark record for non-clustered systems at the 3000GB scale factor (see tpc.org/3323). The ability to easily ingest information from different data sources and rapidly develop queries to make better business decisions is becoming increasingly importan...
The 19th International Cloud Expo has announced that its Call for Papers is open. Cloud Expo, to be held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, brings together Cloud Computing, Big Data, Internet of Things, DevOps, Digital Transformation, Microservices and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding business opportuni...
Qosmos has announced new milestones in the detection of encrypted traffic and in protocol signature coverage. Qosmos latest software can accurately classify traffic encrypted with SSL/TLS (e.g., Google, Facebook, WhatsApp), P2P traffic (e.g., BitTorrent, MuTorrent, Vuze), and Skype, while preserving the privacy of communication content. These new classification techniques mean that traffic optimization, policy enforcement, and user experience are largely unaffected by encryption. In respect wit...
Deploying applications in hybrid cloud environments is hard work. Your team spends most of the time maintaining your infrastructure, configuring dev/test and production environments, and deploying applications across environments – which can be both time consuming and error prone. But what if you could automate provisioning and deployment to deliver error free environments faster? What could you do with your free time?