Northair Commences Field Program at Sierra Rosario Project, Mexico
International Northair Mines Ltd. (TSXV: INM) (the "Company" or "Northair") is pleased to report that two geologists and support personnel have commenced an extensive exploration program at its 50% owned Sierra Rosario silver and gold project, located in Sinaloa State, Mexico.
Northair, as Operator and with the support of its 50% partner, American Consolidated Minerals Ltd. will focus exploration efforts on the San Rafael Zone target and several other silver and gold prospects that have been identified on the property. Field work will include geological mapping, sampling and trenching. In addition a grid will be established as part of an IP geophysics program that will start within the next week. These programs are designed to provide additional geological information to prioritize target areas and plan follow-up evaluations, including drilling.
Sierra Rosario Property:
The Sierra Rosario Property was originally staked by Northair to cover the outcropping San Rafael gossan zone and a significant number of placer gold occurrences situated in drainages over the northern portion of the project area. Initial sampling of the San Rafael Gosson returned an average value of 181 g/t silver and 0.32 g/t gold from 23 chip channel samples. These samples averaged five metres in length and were taken mainly from quartz stockwork veining hosted within outcrops of rhyolite porphyry. Click the following link to view a map of the Property:
Initial exploration on the project by a previous joint venture partner was focused on the southern area of the concession, with later construction of an access road to the San Rafael Zone. Road sampling through the San Rafael Zone identified two continuous mineralized areas measuring 34.8 meters and 27 meters in length with average silver grades of 192 g/t and 91.8 g/t, respectively. These favorable results support the bulk minable potential of this priority target area.
The Company's land position also covers several historical underground mines. These mainly occur over the eastern portion of the concession and include manto styleskarns that carry both base and precious metal mineralization. On one such occurrence, called Dulces Nombres, 35 underground 1.5 to 3 meter wide chip samples averaged 0.71g/t gold, 263 g/t silver and 0.35% copper. At the La Descubriadora target, 19 chip samples of similar length, averaged 0.40 g/t gold and 83.7 g/t silver. These discoveries, combined with the priority San Rafael Zone target, provide significant upside exploration potential at Sierra Rosario.
About International Northair Mines Ltd.
Northair is a mineral exploration company engaged in the acquisition and development of gold and silver properties in Mexico. The Company has successfully staked and acquired a number of early stage gold and silver projects that offer opportunities for significant discoveries. Northair is currently conducting an aggressive core drill program at its La Cigarra silver project in the state of Chihuahua as well as the initial exploration program at Sierra Rosario. A third silver project, El Reventon, is available for joint venture.
This news release has been prepared in accordance with Canadian regulatory requirements set out in National Instrument 43-101 and approved 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 Manager, 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.