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Inspiration Energy Applies for Drill Permit at Rottenstone North Gold Project

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Inspiration Energy Corp (OTC: ISPNF) has submitted a drill permit application to the Saskatchewan Ministry of Environment for its Rottenstone North Gold Project in Northern Saskatchewan. The project, covering 4,512 hectares, borders Ramp Metals' Rottenstone SW gold project, which recently reported significant discoveries including 73.55 g/t Au and 19.50 g/t Ag over 7.5 metres.

The project is located within the Rottenstone Domain, near the historical Rottenstone mine which produced 26,057 tonnes of high-grade ore grading 3.28% Ni, 1.83% Cu and 9.63 g/t Pt+Pd+Au from 1965-1968. The company's property borders Ramp Metals' newly discovered Rush target zone. Having recently secured two financings, Inspiration plans to initiate work and marketing programs.

Inspiration Energy Corp (OTC: ISPNF) ha presentato una domanda di permesso di perforazione al Ministero dell'Ambiente della Saskatchewan per il suo progetto aurifero Rottenstone North nel nord della Saskatchewan. Il progetto, che copre 4.512 ettari, confina con il progetto aurifero Rottenstone SW di Ramp Metals, che ha recentemente riportato scoperte significative, tra cui 73,55 g/t Au e 19,50 g/t Ag su 7,5 metri.

Il progetto si trova all'interno del Dominio Rottenstone, vicino alla storica miniera di Rottenstone che ha prodotto 26.057 tonnellate di minerale ad alto tenore con una gradazione del 3,28% di Ni, 1,83% di Cu e 9,63 g/t di Pt+Pd+Au dal 1965 al 1968. La proprietà dell'azienda confina con la nuova zona obiettivo Rush recentemente scoperta da Ramp Metals. Dopo aver ottenuto due finanziamenti, Inspiration prevede di avviare programmi di lavoro e marketing.

Inspiration Energy Corp (OTC: ISPNF) ha presentado una solicitud de permiso de perforación al Ministerio de Medio Ambiente de Saskatchewan para su Proyecto de Oro Rottenstone North en el norte de Saskatchewan. El proyecto, que abarca 4,512 hectáreas, limita con el proyecto de oro Rottenstone SW de Ramp Metals, que recientemente informó descubrimientos significativos, incluyendo 73.55 g/t Au y 19.50 g/t Ag en 7.5 metros.

El proyecto está ubicado dentro del Dominio Rottenstone, cerca de la histórica mina Rottenstone, que produjo 26,057 toneladas de mineral de alta ley con una ley de 3.28% Ni, 1.83% Cu y 9.63 g/t Pt+Pd+Au entre 1965 y 1968. La propiedad de la compañía limita con la nueva zona objetivo Rush descubierta recientemente por Ramp Metals. Tras asegurar dos financiamientos, Inspiration planea iniciar programas de trabajo y marketing.

Inspiration Energy Corp (OTC: ISPNF)는 사스카추완 환경부에 북부 사스카추완에 위치한 Rottenstone North 금 프로젝트에 대한 시추 허가 신청서를 제출했습니다. 이 프로젝트는 4,512헥타르의 면적을 포함하며, 최근 7.5미터 구간에서 73.55 g/t Au와 19.50 g/t Ag의 유의미한 발견을 보고한 Ramp Metals의 Rottenstone SW 금 프로젝트와 인접해 있습니다.

이 프로젝트는 Rottenstone 도메인 내에 위치하며, 1965년부터 1968년까지 3.28% Ni, 1.83% Cu 및 9.63 g/t Pt+Pd+Au의 고급 광석 26,057톤을 생산한 역사적인 Rottenstone 광산 근처에 있습니다. 회사의 부지는 Ramp Metals가 최근 발견한 Rush 목표 지역과 인접해 있습니다. 최근 두 차례의 자금 조달을 확보한 Inspiration은 작업 및 마케팅 프로그램을 시작할 계획입니다.

Inspiration Energy Corp (OTC : ISPNF) a soumis une demande de permis de forage au ministère de l'Environnement de la Saskatchewan pour son projet aurifère Rottenstone North dans le nord de la Saskatchewan. Le projet, qui couvre 4 512 hectares, est adjacent au projet aurifère Rottenstone SW de Ramp Metals, qui a récemment annoncé des découvertes significatives, notamment 73,55 g/t Au et 19,50 g/t Ag sur 7,5 mètres.

Le projet est situé dans le domaine de Rottenstone, près de la mine historique de Rottenstone, qui a produit 26 057 tonnes de minerai à haute teneur avec des teneurs de 3,28 % Ni, 1,83 % Cu et 9,63 g/t Pt+Pd+Au entre 1965 et 1968. La propriété de la société jouxte la nouvelle zone cible Rush récemment découverte par Ramp Metals. Après avoir obtenu deux financements, Inspiration prévoit de lancer des programmes de travail et de marketing.

Inspiration Energy Corp (OTC: ISPNF) hat einen Bohrgenehmigungsantrag beim Umweltministerium von Saskatchewan für sein Rottenstone North Gold Projekt im Norden von Saskatchewan eingereicht. Das Projekt erstreckt sich über 4.512 Hektar und grenzt an das Rottenstone SW Goldprojekt von Ramp Metals, das kürzlich bedeutende Entdeckungen meldete, darunter 73,55 g/t Au und 19,50 g/t Ag über 7,5 Meter.

Das Projekt befindet sich im Rottenstone-Domain, in der Nähe der historischen Rottenstone-Mine, die zwischen 1965 und 1968 26.057 Tonnen hochwertiges Erz mit einem Gehalt von 3,28 % Ni, 1,83 % Cu und 9,63 g/t Pt+Pd+Au förderte. Das Grundstück des Unternehmens grenzt an die neu entdeckte Rush-Zielzone von Ramp Metals. Nach der kürzlichen Sicherung von zwei Finanzierungen plant Inspiration, Arbeits- und Marketingprogramme zu starten.

Positive
  • Strategic location adjacent to Ramp Metals' significant gold discovery (73.55 g/t Au)
  • Project is in mining-friendly Saskatchewan jurisdiction
  • Company has secured financing for upcoming work programs
  • 100% ownership of the project
Negative
  • No drilling or exploration results yet on the property
  • Success depends on pending drill permit approval
  • Historical mine results nearby may not indicate similar mineralization on company's property

Vancouver, British Columbia--(Newsfile Corp. - May 9, 2025) - Inspiration Energy Corp. (CSE: ISP) (WKN: A40GPX) (OTC Pink: ISPNF) ("Inspiration" or the "Company") is pleased to announce that it has submitted a drill permit application to the Saskatchewan Ministry of Environment for its 100% owned Rottenstone North Gold Project (the "Project"), located in Northern Saskatchewan, Canada, approximately 115 kilometers North of La Ronge, Saskatchewan. The Project consists of 1 mineral claim covering approximately 4,512 hectares.

Inspiration's Project is directly northwest and borders Ramp Metals Inc.'s (TSX-V: RAMP) Rottenstone SW gold project (Figure 1) which reported multiple gold zones from discovery hole Ranger-01 that included 73.55 g/t Au and 19.50 g/t Ag over 7.5 metres from 227 m, including 182 g/t Au and 60.8 g/t Ag over 1.5 m from 230.0 metres (Ramp Metals news release dated June 17, 2024). In December 2024, Ramp Metals Inc. also announced very encouraging news, stating they had discovered new target zones on their discovery. One of these new zones, the Rush target, is directly bordering Inspiration's Project. Inspiration management cautions that past results or discoveries on properties in proximity to Inspiration may not necessarily be indicative of the presence of similar mineralization on the Company's properties.

The Project is located within the Rottenstone Domain, a regional northeast-southwest geological corridor, that includes the past producing Rottenstone nickel-copper-platinum group elements-gold mine (Ni-Cu-PGE-Au), which from 1965-1968 produced some 26,057 tonnes of high-grade grading 3.28% Ni, 1.83% Cu and 9.63 g/t Pt+Pd+Au (Saskatchewan Mineral Deposits Index #09587).

"This is a significant step for Inspiration and a signal of renewed focus on the growth of the Company," stated Charles Desjardins, CEO of Inspiration. "New targets uncovered by Ramp Metals right up against our Project potentially bode well for our upcoming drill programs, upon approval of our drill permit applications. This Gold Project is at the right address in Saskatchewan, which is one of the most business and mining friendly regions in the world. We look forward to getting drill equipment and boots on the ground, especially in light of this new discovery right at our border. Now that we have closed two financings, the Company is going to embark on work and marketing programs starting this month. These are very exciting times for Inspiration."

Rottenstone North Gold Project

Cannot view this image? Visit: https://images.newsfilecorp.com/files/11094/251428_3d23a4a6f4a1cb62_001.jpg

Figure 1. Location of Inspiration's Rottenstone North Gold Project relative to Ramp Metals Inc.'s discovery drill hole (Ranger-01) and the historical Rottenstone Ni-Cu-PGE-Au Mine, Saskatchewan.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11094/251428_3d23a4a6f4a1cb62_001full.jpg

National Instrument 43-101 disclosure

Dr. Scott Jobin-Bevans, P.Geo. (#0183), and Independent Advisor to the Company, is a Qualified Person as defined by NI 43-101, Standards of Disclosure for Mineral Projects. Dr. Jobin-Bevans has reviewed and approved the technical content in this news release.

References

Certain contents of this release were obtained from the on-line mineral assessment file system in Saskatchewan, which provides access to non-confidential mineral assessment files, allowing users to search and explore valuable information related to mineral exploration and mining.

About Inspiration Energy Corp.

Inspiration Energy Corp. is engaged in the business of mineral exploration and the acquisition of mineral property assets in Canada. Its objective is to locate and develop properties of merit and to conduct exploration on the Company's properties. For more information, please refer to the Company's information available on SEDAR+ (www.sedarplus.ca).

On Behalf of the Board of Directors
Charles Desjardins
CEO, President and Director
Phone: 604-808-3156
Email: info@inspiration.energy

Neither the Canadian Stock Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this news release.

FORWARD LOOKING STATEMENTS: This news release contains forward-looking statements, which relate to future events or future performance and reflect management's current expectations and assumptions. Such forward-looking statements reflect management's current beliefs and are based on assumptions made by and information currently available to the Company. Investors are cautioned that these forward-looking statements are neither promises nor guarantees and are subject to risks and uncertainties that may cause future results to differ materially from those expected. These forward-looking statements are made as of the date hereof and, except as required under applicable securities legislation, the Company does not assume any obligation to update or revise them to reflect new events or circumstances. All of the forward-looking statements made in this press release are qualified by these cautionary statements and by those made in our filings with SEDAR+ in Canada (available at www.sedarplus.ca).

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/251428

FAQ

What are the recent gold discoveries near Inspiration Energy's (ISPNF) Rottenstone North Project?

Neighboring Ramp Metals reported discoveries including 73.55 g/t Au and 19.50 g/t Ag over 7.5 metres, with a high-grade section of 182 g/t Au and 60.8 g/t Ag over 1.5m. They also discovered the Rush target zone directly bordering Inspiration's property.

What is the size and location of Inspiration Energy's (ISPNF) Rottenstone North Gold Project?

The project consists of one mineral claim covering 4,512 hectares, located in Northern Saskatchewan, approximately 115 kilometers North of La Ronge, Saskatchewan.

What historical mining production occurred near Inspiration Energy's (ISPNF) property?

The nearby historical Rottenstone mine produced 26,057 tonnes of high-grade ore grading 3.28% Ni, 1.83% Cu and 9.63 g/t Pt+Pd+Au from 1965-1968.

What are Inspiration Energy's (ISPNF) next steps for the Rottenstone North Project?

The company has submitted a drill permit application and plans to initiate work and marketing programs following recent financing completions, pending permit approval.
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