vwd group

20.10.2017 - 18:53

DGAP-News: Inspiration to Test for Cobalt

DGAP-News: Inspiration Mining Corporation / Key word(s): Miscellaneous

Inspiration to Test for Cobalt

20.10.2017 / 18:53

The issuer is solely responsible for the content of this announcement.

Toronto, Ontario--(Newsfile Corp. - October 20, 2017) - Inspiration Mining Corporation (CSE: ISM) ('Inspiration' or the 'Corporation') is pleased to announce that it will be examining its past assays for Cobalt. Over the past 10 years, the Corporation has tested and catalogued over 8,000 assay samples from its 100% owned Langmuir Property, which is known for high grade Nickel sulphide production, the focus of these past assays have always been nickel. The Corporation will now focus its efforts in re testing theses assays for Cobalt.

Cobalt, which has been seen as a byproduct of nickel and copper mines in the past, is now a key element in lithium ion battery production which, in combination of nickel and sulfides possess a higher electronic conductivity and results in a faster charge transfer than other alternatives. It is the resource now used in phones, computers, electric and hybrid vehicles and solar power storage systems. The increased demand for cobalt has resulted in its price rising sharply over the last few years.

'Given that nickel prices are on the rebound and the increased prices of Cobalt, the Corporation will be exploring the possibility of locating Cobalt on its Langmuir Property,' stated Randy Miller, the President of the Corporation, 'Given the substantial resources that the Corporation has expended in its various drill programs on its property, the Corporation believes that it has enough assay samples to properly test for Cobalt presence on the Langmuir Property.'

For further information, please contact Randy Miller, Chief Executive Officer of the Corporation, at tel: 416-842-9000, www.inspirationmining.com

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

This press release contains forward-looking statements based on assumptions, uncertainties and management's best estimates of future events. Actual results may differ materially from those currently anticipated. Investors are cautioned that such forward-looking statements involve risks and uncertainties. Important factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements are detailed from time to time in the Corporation's periodic reports filed with the Ontario Securities Commission and other regulatory authorities. The Corporation has no intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.


Click on, or paste the following link into your web browser, to view
the associated documents


20.10.2017 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de

Language: English
Company: Inspiration Mining Corporation

ISIN: CA45772J2083

End of News DGAP News Service

621087  20.10.2017 


DGAP Corporate News

Zeit Meldung
12:06 DGAP-News: InVision AG veröffentlicht Halbjahresbe
11:26 DGAP-News: MidCapMonitor von GCA Altium: Die DebtF
10:37 DGAP-News: GOVECS übernimmt ELMOTO
10:16 DGAP-News: FCR-Anleihe erhält beim KFM-Barometer 3
10:01 Personalsuche einfach gemacht: Medihead - Neue Onl
09:30 DGAP-News: Bayern Kapital beteiligt sich am Münche
09:10 DGAP-News: Ve-RI Equities Europe: Anteil französis
09:10 DGAP-News: STEICO SE Halbjahresergebnis: Rekord-Pr
09:00 Helvetica Property Investors AG: Helvetica Propert
09:00 Bade-Check: In diesen europäischen Ländern gibt es

DGAP Corporate News (english)

Zeit Meldung
13:00 DGAP-News: New Age Farm is Pleased to Announce it'
12:22 DGAP-News: EnerDynamic Hybrid Technologies and Map
12:06 DGAP-News: InVision AG Releases Financial Report f
12:00 DGAP-News: Steinhoff International Holdings N.V. :
11:26 DGAP-News: MidCapMonitor by GCA Altium: The debt f
10:37 DGAP-News: GOVECS takes over ELMOTO
09:50 EQS-News: Nordea Half-year Report 2018
09:10 DGAP-News: STEICO SE half year figures: Record-bre
09:00 Helvetica Property Investors AG: Helvetica Propert
09:00 DGAP-News: Scout24 AG succeeds in early refinancin

Mehr Marktdaten und Kurse finden Sie auf www.finanztreff.de