RETRANSMISSION: Inspiration Energy Applies For Drill Permit at Rottenstone North Gold Project
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 in their Ranger-01 hole.
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 recently completed two financings and plans to initiate work and marketing programs.
Inspiration Energy Corp (OTC: ISPNF) ha presentato una richiesta di permesso di perforazione al Ministero dell'Ambiente della Saskatchewan per il suo Progetto Oro 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 nel loro foro Ranger-01.
Il progetto si trova all'interno del Dominio Rottenstone, vicino alla storica miniera di Rottenstone che ha prodotto 26.057 tonnellate di minerale ad alta qualità con una media del 3,28% di Ni, 1,83% di Cu e 9,63 g/t di Pt+Pd+Au dal 1965 al 1968. La società ha recentemente completato due finanziamenti e 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 aurífero Rottenstone SW de Ramp Metals, que recientemente informó descubrimientos significativos, incluyendo 73.55 g/t Au y 19.50 g/t Ag sobre 7.5 metros en su pozo Ranger-01.
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 un contenido de 3.28% Ni, 1.83% Cu y 9.63 g/t Pt+Pd+Au entre 1965 y 1968. La compañía completó recientemente dos financiamientos y planea iniciar programas de trabajo y marketing.
Inspiration Energy Corp (OTC: ISPNF)는 사스카추완 환경부에 북부 사스카추완의 Rottenstone North 금 프로젝트에 대한 시추 허가 신청서를 제출했습니다. 이 프로젝트는 4,512헥타르에 걸쳐 있으며, 최근 Ranger-01 시추공에서 7.5미터 구간에 73.55 g/t Au와 19.50 g/t Ag가 발견된 Ramp Metals의 Rottenstone SW 금 프로젝트와 인접해 있습니다.
이 프로젝트는 Rottenstone 도메인 내에 위치하며, 1965년부터 1968년까지 3.28% Ni, 1.83% Cu, 9.63 g/t Pt+Pd+Au의 고품위 광석 26,057톤을 생산한 역사적인 Rottenstone 광산 근처에 있습니다. 회사는 최근 두 차례 자금 조달을 완료했으며 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 d'or 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 importantes, notamment 73,55 g/t Au et 19,50 g/t Ag sur 7,5 mètres dans leur trou Ranger-01.
Le projet est situé dans le domaine de Rottenstone, près de la mine historique de Rottenstone qui a produit 26 057 tonnes de minerai de haute teneur avec des grades de 3,28 % de Ni, 1,83 % de Cu et 9,63 g/t de Pt+Pd+Au entre 1965 et 1968. La société a récemment finalisé deux financements et prévoit de lancer des programmes de travail et de marketing.
Inspiration Energy Corp (OTC: ISPNF) hat einen Antrag auf Bohrgenehmigung 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 im Bohrloch Ranger-01.
Das Projekt befindet sich im Rottenstone-Gebiet, in der Nähe der historischen Rottenstone-Mine, die von 1965 bis 1968 26.057 Tonnen hochgradiges Erz mit einem Gehalt von 3,28 % Ni, 1,83 % Cu und 9,63 g/t Pt+Pd+Au förderte. Das Unternehmen hat kürzlich zwei Finanzierungsrunden abgeschlossen und plant, Arbeits- und Marketingprogramme zu starten.
- Strategic location bordering Ramp Metals' successful gold discovery site
- Project located in mining-friendly Saskatchewan region
- Recently secured funding through two completed financings
- 100% ownership of the Rottenstone North Gold Project
- Proximity to historical high-grade mine with proven production
- No proven mineralization on company's property yet
- Success depends on pending drill permit approval
- Early-stage exploration project with no guaranteed results
Vancouver, British Columbia--(Newsfile Corp. - May 12, 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
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
"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
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/11094/251573_b3a263e1b4287ae4_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/251573
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