Northair Receives Encouragement from the La Cigarra Silver Project, Mexico La Boracha Zone Sample Results Include 25.3 metres of 362.7 g/t Silver
International Northair Mines Ltd. (TSXV: INM) (the "Company" or "Northair") announces that further encouraging assays have been received from the La Cigarra Project located in the state of Chihuahua, Mexico. Sampling of the La Boracha Zone, situated in the most northern portion of the property, continues to demonstrate that the project has the potential to contain both high grade vein as well as bulk tonnage surface minable silver deposits. La Borcha is one of three zones currently identified with the project. Results of the Company's initial sampling of the San Gregorio Zone were announced April 29, 2009 (see INM Press Release #09-05).
Northair has completed the first phase of geologic mapping and rock chip sampling within the La Boracha Zone and has identified three significant areas of mineralization. In the centre of the zone, where numerous prospects and small mine workings exist, the Company has sampled vein and stockwork mineralization that occurs within a large elbow shaped area known as El Codo. The El Codo area measures approximately 450 metres in length by 50 to 75 metres in width and contains mineralization that occurs in moderately dipping shale and siltstone locally intruded by altered rhyolite dikes and sills. To date, the Company has taken 51 rock chip samples (ranging in widths from 2.5 to 10 metres, with an average width of 4.8 metres) from outcrops and old mine workings within the area. The 51 samples reported an average grade of 82 g/t silver, including a low of 7 g/t silver over 4.5 metres and a high of 348 g/t silver over 3 metres. Included were two separate sets of continuous sampling in both limbs of the area, including 32 metres of 75.7 g/t silver, with a low of 43.2 g/t silver and a high of 98 g/t silver; and 15 metres of 185 g/t silver, with a low of 108 g/t silver and a high of 336 g/t silver.
Reconnaissance to the northwest of the El Codo area has discovered a second area of mineralization, where continuous sampling over 25.3 metres reported an average grade of 362.7 g/t silver, with a low of 10.6 g/t silver, and a high of 1940 g/t silver. Although additional field work is required, it is possible that this second area may extend approximately 100 metres to the southeast and connect with the El Codo area.
The third area of mineralization, southeast of El Codo, contains a northwesterly striking, moderately northeasterly dipping classic vein system that shows evidence of minor historic development. The vein has been traced on surface and underground workings for approximately 250 metres. High grade mineralization within the vein occurs in shoots, which appear to average between 1 to 2 metres in width. Grades are erratic, with sample results ranging from a low of 12.5 g/t silver over 5 metres to a high of 1,030 g/t silver over 1 metre.
The La Cigarra silver project consists of seven concessions and is located in State of Chihuahua along the eastern fringes of the Sierra Madre Occidental in north central Mexico. The project has good access, topography and infrastructure. Grupo Northair de Mexico, S.A. de C.A., a subsidiary of Northair, can acquire a 100% ownership of the concessions by making payments over a 5 year period totaling US$445,000 with no royalties. The acquisition is subject to final technical and legal due diligence by Grupo Northair, as well as approval by the Company's Board of Directors and the TSX Exchange, and registration with the appropriate Mexican government authorities.
The technical information in this news release has been prepared in accordance with Canadian regulatory requirements set out in National Instrument 43-101 and reviewed by Jim Robinson, the Company's Vice President of Exploration, 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: firstname.lastname@example.org
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.