Click here to close now.

SYS-CON MEDIA Authors: Carmen Gonzalez, PagerDuty Blog, Liz McMillan, Elizabeth White, XebiaLabs Blog

News Feed Item

Northair Intersects 765 g/t Silver over 6.5 Metres at La Cigarra Project, Mexico

High Grade Mineralization Confirmed at North End of San Gregorio Zone

VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 01/30/13 -- International Northair Mines Ltd. (TSX VENTURE:INM) (the "Company" or "Northair") is pleased to announce drill results from nine core holes at the San Gregorio Zone and two core holes at the Las Carolinas Zone completed on its La Cigarra silver project ("Property") located in north central Mexico.

"We continue to be extremely pleased with the drill results from the Property," said Fred Hewett, President and CEO of Northair. "The 765 g/t silver intersection from hole CC-12-135 in the San Gregorio Zone is the highest silver grade (over widths greater than 5 metres), reported to date. These results, combined with previous drilling, indicate that a high grade silver zone is being delineated in the northern half of San Gregorio. This higher grade zone currently has a strike of 300 metres and remains open with significant opportunity to expand with further drilling."

Drilling Discussion

San Gregorio Zone:

Four (4) holes, CC-12-131, 133, 135 and 138 were completed in the northern half of the San Gregorio Zone to test for a northern continuation of mineralization previously encountered in holes CC-11-026 and CC-12-083 on sections 0+00 and 0+50S, respectively.


--  On section 1+00N, hole CC-12-131 intersected 13.9 metres grading 83.7
    g/t silver and extended the silver mineralization down dip from CRC-01-
    010. The zone can now be traced over 320 metres below surface.
      
--  On section 1+50N, hole CC-12-138 intersected 24.2 metres grading 150.9
    g/t silver and extended the silver mineralization 90 meters down dip
    from CC-12-085. The zone can now be traced at least 320 metres from
    surface.
      
--  On section 2+00N, hole CC-12-135 intersected 6.5 metres grading 765.0
    g/t silver, 13.10 metres grading 32.2 g/t silver, 8.00 metres grading
    178.0 g/t silver and extended the silver mineralization 100 metres down
    dip from CC-12-088. The zone on this section can now be traced at least
    300 metres down dip from surface.
      
--  On section 4+00N, hole CC-12-133 intersected 2.9 metres grading 195.9
    g/t silver and 21.2 metres grading 61.5 g/t silver and extended the
    silver mineralization 90 metres down dip from CC-11-047. The zone can
    now be traced at least 180 metres from surface.

In addition, holes CC-12-136 & CC-12-137 were positioned in the central part of the San Gregorio Zone to test the down dip continuation of the zone on sections 0+00 and 0+50S where mineralization was open to depth. Both holes intersected only narrow mineralized intervals and it now appears that the down dip continuation of the wider mineralized interval is truncated by a west dipping fault.

In the southern proportion of the San Gregorio Zone two holes were drilled on section 4+50S up dip of CC-11-044 to establish the thickness of the zone towards the surface. Hole CC-12-129 showed that mineralization extends 70 metres up dip from CC-11-044. Hole CC-12-130 failed to intersect significant mineralization and is believed to have been collared in the footwall of the zone, indicating controls to mineralization here are steeper than predicted.

To view the site plan of the San Gregorio Zone, please click on the following link: http://www.internationalnorthair.com//i/pdf/2013-01-30_San%20Gregorio_Drill_Plan_PR.pdf

To view a cross section of hole CC-12-135, please click on the following link: http://www.internationalnorthair.com//i/maps/2013-01-30_San%20Gregorio_Cross_Section_PR.jpg

Las Carolinas Zone:

Two holes were drilled at Las Carolinas to provide infill data.


--  On section 1+00N, hole CC-12-139 was positioned to test the down dip
    projection of a higher grade zone identified on sections 1+00N and
    1+50N. CC-12-139 intercepted 43.9 metres grading 49.6 g/t silver
    including 9.90 metres grading 173.1 g/t silver. This hole extended
    silver mineralization 80 metres down dip from CC-12-104, which reported
    66.8 metres grading 80.2 g/t silver. The silver zone here can now be
    traced at least 240 metres below surface.
      
--  On section 4+00N, hole CC-12-134 was designed to test the down dip
    extension of CC-12-102. CC-12-134, returned 1.0 metre grading 229.1 g/t
    silver, 1.7 metres grading 20.3 g/t silver and 30.65 metres grading 23.4
    g/t silver. These results indicate that the mineralized system here
    shows no sign of weakening at depth. 

To view the site plan of the La Carolinas Zone, please click on the following link:

http://www.internationalnorthair.com//i/pdf/2013-01-30_Las_Carolinas_Drill_Plan_PR.pdf


Drill Results                                                               
----------------------------------------------------------------------------
                                                          Drill             
                                        From       To Intercept Silver  Gold
Hole              Dip          Zone (metres) (metres)  (metres)    g/t   g/t
----------------------------------------------------------------------------
CC-12-129  -50 degrees San Gregorio    39.80    64.50     24.70   39.4 0.046
----------------------------------------------------------------------------
Includes                               47.30    55.50      8.20   87.6 0.090
----------------------------------------------------------------------------
                                                                            
----------------------------------------------------------------------------
CC-12-130  -50 degrees San Gregorio  No significant intervals               
----------------------------------------------------------------------------
                                                                            
----------------------------------------------------------------------------
CC-12-131  -56 degrees San Gregorio   168.20   182.10     13.90   83.7 0.026
----------------------------------------------------------------------------
                                                                            
----------------------------------------------------------------------------
CC-12-132  -74 degrees San Gregorio    36.40    44.00      7.60   15.5 0.038
----------------------------------------------------------------------------
                                                                            
----------------------------------------------------------------------------
CC-12-133  -52 degrees San Gregorio   129.00   132.00      3.00   61.8 0.031
----------------------------------------------------------------------------
                                      139.80   142.70      2.90  195.9 0.012
----------------------------------------------------------------------------
                                      177.00   198.20     21.20   61.5 0.034
----------------------------------------------------------------------------
Note 1                                                    21.20   57.1      
----------------------------------------------------------------------------
                                                                            
----------------------------------------------------------------------------
CC-12-134  -70 degrees Las Carolinas  177.60   178.60      1.00  229.1 0.087
----------------------------------------------------------------------------
                                      183.00   184.70      1.70   20.3 0.042
----------------------------------------------------------------------------
                                      193.50   224.15     30.65   23.4 0.036
----------------------------------------------------------------------------
                                                                            
----------------------------------------------------------------------------
CC-12-135  -71 degrees San Gregorio   139.50   146.00      6.50  765.0 0.087
----------------------------------------------------------------------------
Note 1                                                     6.50  265.8      
----------------------------------------------------------------------------
                                      175.70   188.80     13.10   32.2 0.040
----------------------------------------------------------------------------
                                      197.00   205.00      8.00  178.0 0.027
----------------------------------------------------------------------------
                                                                            
----------------------------------------------------------------------------
CC-12-136  -69 degrees San Gregorio   190.00   196.00      6.00   26.4 0.024
----------------------------------------------------------------------------
                                      204.00   207.40      3.40   23.7 0.020
----------------------------------------------------------------------------
                                      219.20   221.50      2.30   17.8 0.009
----------------------------------------------------------------------------
                                      236.00   239.80      3.80   48.3 0.020
----------------------------------------------------------------------------
                                      247.00   248.25      1.25  185.0 0.023
----------------------------------------------------------------------------
                                                                            
----------------------------------------------------------------------------
CC-12-137  -71 degrees San Gregorio   169.60   172.40      2.80  241.0 0.044
----------------------------------------------------------------------------
Note 1                                                     2.80  146.8      
----------------------------------------------------------------------------
                                      183.30   186.10      2.80   23.5 0.027
----------------------------------------------------------------------------
                                      201.40   203.50      2.10   19.3 0.026
----------------------------------------------------------------------------
                                      224.00   226.30      2.30   29.3 0.024
----------------------------------------------------------------------------
                                      236.80   238.50      1.70  117.1 0.040
----------------------------------------------------------------------------
                                                                            
----------------------------------------------------------------------------
CC-12-138  -69 degrees San Gregorio   170.00   194.20     24.20  150.9 0.037
----------------------------------------------------------------------------
Note 1                                                    24.20  114.9      
----------------------------------------------------------------------------
Includes                              170.00   180.50     10.50  317.9 0.050
----------------------------------------------------------------------------
                                                          10.50  234.9      
----------------------------------------------------------------------------
                                      250.70   255.00      4.30   31.7 0.051
----------------------------------------------------------------------------
                                                                            
----------------------------------------------------------------------------
CC-12-139  -69 degrees Las Carolinas  169.10   213.00     43.90   49.6 0.052
----------------------------------------------------------------------------
Note 1                                                            30.7      
----------------------------------------------------------------------------
Includes                              169.10   179.00      9.90  173.1 0.096
----------------------------------------------------------------------------
Note 1                                                     9.90   90.0      
----------------------------------------------------------------------------
                                                                            
Note 1: Intervals with silver values greater than 500 g/t reported as 500   
g/t.                                                                        
Note 2: Reported widths may contain intervals with values less than 10g/t   
silver.                                                                     
Note 3: Intervals also contain lead and zinc values.                        

To view the comprehensive results of all the drill holes completed to date on the La Cigarra Project, please click the link: http://media3.marketwire.com/docs/inm130ta.pdf

2012 Drilling Notes

Data collected from all drill campaigns within the Las Carolinas and San Gregorio area has defined a mineralized system measuring 2.4 kilometres in length and open. This data will be used to calculate the Property's initial NI 43-101 compliant resource estimate due in Q1 2013.

To date, Northair has released the results of all 139 core holes completed on the Property. Since the first drill program was initiated on the property in 2010, the Company has completed 23,876 meters of drilling in 15 reverse circulation holes and 139 HQ sized core holes.

Additional drilling is anticipated in Q2 2013 to further explore the La Cigarra Resource area, which remains open in all directions; and to test district targets recently generated from the Company's ongoing field programs.

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 Minerals ("ALS") in Chihuahua and Inspectorate America Corporation ("Inspectorate") in Durango City. In both cases the samples are dried, crushed and pulverized with the pulps being sent airfreight for analysis by ALS to Vancouver B.C. and by Inspectorate to Vancouver B.C. or Reno, Nevada. 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 the 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 southeast. The 32,064 hectare property position controls an emerging mineral district with permissive geology and numerous historical mine workings. Of potential economic significance is the San Gregorio/Las Carolinas area, currently defined by drilling over a strike length measuring 2.4 kilometres. Over the short term the Company's objectives include the completion of its initial resource study and the definition of additional drill targets for testing in the upcoming field season.

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, P.Eng., President & CEO

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.

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.

Contacts:
International Northair Mines Ltd.
Fred Hewett
President
604-687-7545 or 1-888-338-2200
604-689-5041 (FAX)

International Northair Mines Ltd.
Chris Curran
Manager of Corporate Communications
604-687-7545 or 1-888-338-2200
604-689-5041 (FAX)

International Northair Mines Ltd.
Brent Levenstadt
Investor Relations Associate
604-687-7545 or 1-888-338-2200
604-689-5041 (FAX)
[email protected]
www.northair.com/international/

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
Plutora provides enterprise release management and test environment SaaS solutions to clients in North America, Europe and Asia Pacific. Leading companies across a variety of industries, including financial services, telecommunications, retail, pharmaceutical and media, rely on Plutora's SaaS solutions to orchestrate releases and environments faster and with integrity. Products include Plutora Release Manager, Plutora Test Environment Manager and Plutora Deployment Manager.
SYS-CON Events announced today the DevOps Foundation Certification Course, being held June ?, 2015, in conjunction with DevOps Summit and 16th Cloud Expo at the Javits Center in New York City, NY. This sixteen (16) hour course provides an introduction to DevOps – the cultural and professional movement that stresses communication, collaboration, integration and automation in order to improve the flow of work between software developers and IT operations professionals. Improved workflows will res...
When it comes to building applications, one database definitely does not fit all. Traditional SQL databases are great for storing highly structured, normalized data and performing analytics and reporting. NoSQL has attracted developers with its awesome flexibility, and JSON-centric document stores like Cloudant make web developers incredibly productive by offering a JavaScript environment from end-to-end. Recent Big Data challenges have driven the need for a distributed approach to analytics e...
Containers and microservices have become topics of intense interest throughout the cloud developer and enterprise IT communities. Accordingly, attendees at the upcoming 16th Cloud Expo at the Javits Center in New York June 9-11 will find fresh new content in a new track called PaaS | Containers & Microservices Containers are not being considered for the first time by the cloud community, but a current era of re-consideration has pushed them to the top of the cloud agenda. With the launch ...
The WebRTC Summit 2014 New York, to be held June 9-11, 2015, at the Javits Center in New York, NY, announces that its Call for Papers is open. Topics include all aspects of improving IT delivery by eliminating waste through automated business models leveraging cloud technologies. WebRTC Summit is co-located with 16th International Cloud Expo, @ThingsExpo, Big Data Expo, and DevOps Summit.
Modern Systems announced completion of a successful project with its new Rapid Program Modernization (eavRPMa"c) software. The eavRPMa"c technology architecturally transforms legacy applications, enabling faster feature development and reducing time-to-market for critical software updates. Working with Modern Systems, the University of California at Santa Barbara (UCSB) leveraged eavRPMa"c to transform its Student Information System from Software AG's Natural syntax to a modern application lev...
SOA Software has changed its name to Akana. With roots in Web Services and SOA Governance, Akana has established itself as a leader in API Management and is expanding into cloud integration as an alternative to the traditional heavyweight enterprise service bus (ESB). The company recently announced that it achieved more than 90% year-over-year growth. As Akana, the company now addresses the evolution and diversification of SOA, unifying security, management, and DevOps across SOA, APIs, microser...
Even though it’s now Microservices Journal, long-time fans of SOA World Magazine can take comfort in the fact that the URL – soa.sys-con.com – remains unchanged. And that’s no mistake, as microservices are really nothing more than a new and improved take on the Service-Oriented Architecture (SOA) best practices we struggled to hammer out over the last decade. Skeptics, however, might say that this change is nothing more than an exercise in buzzword-hopping. SOA is passé, and now that people are ...
The webinar, hosted by XebiaLabs, will feature 4 experts including Special Host Gene Kim, author of The Phoenix Project, along with IT thought leaders Gary Gruver, Randy Shoup and XebiaLabs' Andrew Phillips. The panel brings more than 30 years of collective experience surrounding microservices transformations at major companies including Google, eBay and Tripwire. "The story around microservices and containers is pretty compelling and the attraction of more flexibility is obviously alluring,"...
SYS-CON Events announced today that Creative Business Solutions will exhibit at SYS-CON's 16th International Cloud Expo®, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. Creative Business Solutions is the top stocking authorized HP Renew Distributor in the U.S. Based out of Long Island, NY, Creative Business Solutions offers a one-stop shop for a diverse range of products including Proliant, Blade and Industry Standard Servers, Networking, Server Options and...
WHOA.com has announced the newest addition to its data center footprint with the expansion into Equinix's newest state-of-the-art facility: DC-11 Washington, DC IBX+. Located in Ashburn, VA, this data center expands Whoa.com's presence to meet rapidly expanding customer demand for secure cloud solutions. Equinix, Inc. operates International Business Exchange™ (IBX®) data centers in 32 markets across 15 countries in the Americas, EMEA, and Asia-Pacific. Equinix is committed to operating faciliti...
SYS-CON Events announced today that FierceDevOps will exhibit at SYS-CON's 16th International Cloud Expo®, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. FierceDevOps keeps software developers and IT operations personnel updated on the latest news and trends around the rapidly evolving role of the traditional IT worker.
The Open Compute Project is a collective effort by Facebook and a number of players in the datacenter industry to bring lessons learned from the social media giant's giant IT deployment to the rest of the world. Datacenters account for 3% of global electricity consumption – about the same as all of Switzerland or the Czech Republic -- according to people I met at the recent Open Compute Summit in San Jose. With increasing mobility at the edge of the cloud and vast new dataflows being pre...
GENBAND has announced that SageNet is leveraging the Nuvia platform to deliver Unified Communications as a Service (UCaaS) to its large base of retail and enterprise customers. Nuvia’s cloud-based solution provides SageNet’s customers with a full suite of business communications and collaboration tools. Two large national SageNet retail customers have recently signed up to deploy the Nuvia platform and the company will continue to sell the service to new and existing customers. Nuvia’s capabili...
SYS-CON Events announced today that Cisco, the worldwide leader in IT that transforms how people connect, communicate and collaborate, has been named “Gold Sponsor” of SYS-CON's 16th International Cloud Expo®, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. Cisco makes amazing things happen by connecting the unconnected. Cisco has shaped the future of the Internet by becoming the worldwide leader in transforming how people connect, communicate and collaborat...