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Northair Intersects 58.40 Metres of 82.6 g/t Silver at La Cigarra, Mexico
International Northair Mines Ltd. (TSXV: INM) (the "Company" or "Northair") is pleased to announce assay results from three diamond drill holes recently completed in the San Gregorio Zone at its La Cigarra silver project, located in north central Mexico.
Drill Highlights at the San Gregorio Zone:
- Hole CC-11-026 returning 82.85 metres of 62.8 g/t silver, includes 58.40 metres of 82.6 g/t silver and 12.85 metres of 190.3 g/t silver;
- Hole CC-11-025 returning 11.55 metres of 80.2 g/t silver, and 10.50 metres of 32.5 g/t silver and 0.189 g/t gold.
- Hole CC-11-024 returning 82.95 metres of 37.4 g/t silver, includes 6.10 metres of 121.3 g/t silver and 31.55 metres of 44.7 g/t silver.
"We continue to be encouraged by our drilling at La Cigarra," said Fred Hewett, President & CEO of Northair. "Hole CC-11-026 is one of the deepest drilled to date on the property and encountered good silver values 200 metres below the surface. The current drill program will continue to aggressively expand the San Gregorio and Las Carolinas zones; as well as conduct the first diamond drill test of the La Borracha Zone."
The drill rig has been moved 1,000 metres northwest of the San Gregorio Zone to conduct the first core drilling of the La Borracha Zone. Four initial holes are planned at La Borracha and then the drill rig will be moved back to San Gregorio to begin testing the northwest strike extension of the zone.
|(metres)||(metres)||(metres) Note 3||g/t||g/t|
Note 2: Reported widths may contain intervals with values less than 10g/t silver.
Note 3: Some sections of mineralization carry appreciable lead and zinc values.
Holes CC-11-024, CC-11-025 and CC-026 are the first three (3) drill holes designed to test the San Gregorio Zone at depth.
Hole CC-11-026 was drilled on section 0+00, approximately 95 metres down-dip of hole CC-11-009. The hole encountered thinly bedded siltstones, underlain by sandstone and intruded by sills of granodiorite to quartz diorite. Calcite stockwork accompanied by increased silicification and druzy quartz veining and stockwork occur within a significant mineralized system. The thick mineralized interval in this hole, when combined with other holes on the section, defines a zone that extends from surface, averages more than 100 meters in thickness and dips at -48° to the northeast.
Hole CC-11-025 was drilled on section 1+00S, approximately 105 meters down-dip of CC-11-011. Similar stratigraphy to up-dip holes CC-11-004 and CC-11-011 was encountered with strong calcite and moderate to locally strong druzy quartz veining and stockwork. Significant silver values were restricted to narrower intervals then intersected up-dip; however, these intercepts carry significant gold values. Holes CC-11-004, CC-11-011 and CC-11-025 now define a silver-bearing zone that extends from surface, averages approximately 130 meters in thickness, and dips 54° to the northeast.
Hole CC-11-024 was drilled on section 1+50S, approximately 50 meters down-dip of CC-11-007. Strong calcite stockwork with lesser druzy quartz veins to stockwork zones were encountered in a thick mineralized sequence of thinly bedded siltstones underlain by more massive sandstone; intruded by granodiorite to quartz diorite sills. The mineralized interval is similar in width to that in CC-11-007, but of a lower grade. Holes CC-11-007 and CC-11-024 now define a silver-bearing zone that extends from surface, averages 75 meters in thickness, and dips 59°to the northeast.
The San Gregorio Zone remains open down dip and along strike in both directions. Significant exploration potential exists.
To view a plan and section please click on the following links:
Plan View of the San Gregorio Zone:
San Gregorio Zone Vertical Section 0+00S (CC-11-026):
Sampling and QA/QC
All technical information for the La Cigarra exploration program is obtained and reported under a formal quality assurance and quality control (QA/QC) program. Samples are taken under the direction of qualified geologists and stored in sealed bags. Samples are delivered by the Company via courier to ALS Chemex Labs in Chihuahua for drying, crushing and pulverizing; with the pulps sent airfreight by ALS Chemex to Vancouver B.C. for analysis. Systematic assaying of standards and blanks are performed for precision and accuracy. Analysis for silver, zinc, lead and copper and related trace elements was done by ICP four acid digestion, with gold analysis by 30 gram fire assay with an AA finish.
About the La Cigarra Silver Project
The La Cigarra Project is located in State of Chihuahua along the eastern fringes of the Sierra Madre Occidental in Mexico. Local topography is gentle with good road access to the major city of Parral, located 26 kilometres to the south east. The La Cigarra Project hosts a silver-rich, epithermal mineral system with three identified zones along a three kilometre trend.
This news release has been prepared in accordance with Canadian regulatory requirements set out in National Instrument 43-101 and reviewed by Fred Hewett the Company's President and CEO, and a Qualified Person under NI 43-101.
ON BEHALF OF THE BOARD,
INTERNATIONAL NORTHAIR MINES LTD.
"Fred G. Hewett"
Fred G. Hewett, P.Eng.
President & CEO
For further information please contact Fred Hewett, President or Chris Curran, Investor Relations
at 604-687-7545 or 1-888-338-2200
Website: www.northair.com/international/ Email: email@example.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
This news release may contain forward looking statements which are not historical facts, such as ore reserve estimates, anticipated production or results, sales, revenues, costs, or discussions of goals and exploration results, and involves a number of risks and uncertainties that could cause actual results to differ materially from those projected. These risks and uncertainties include, but are not limited to, metal price volatility, volatility of metals production, project development, ore reserve estimates, future anticipated reserves and cost engineering estimate risks, geological factors and exploration results. See Northair's filings for a more detailed discussion of factors that may impact expected results.
This news release does not constitute an offer to sell or solicitation of an offer to sell any securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.