Drilling Scheduled at Northair's
La Cigarra Silver Project, Mexico
International Northair Mines Ltd. (TSXV: INM)
(the "Company" or "Northair") is pleased to
announce that it has awarded the contract to commence a 1,500 metre Phase II core drill program at the La Cigarra silver project, located in north central
Mexico.
The Phase II drill program is expected to begin by the end of November
and will include step out and deeper drilling to follow up the highly
successful Phase I reverse circulation drill program completed by the Company
earlier in the year. Northair is also presently
completing a soil survey between the Las Carolinas and San Gregorio zones to
develop possible targets for additional drilling. Results of the soils
survey will be released once received by the Company.
La Cigarra Phase I Drill Results
The Phase I drill program was successful in testing three known
mineralized targets on the property and intercepted significant widths of
altered and mineralized sediments and volcanics.
Drill highlights include 32 metres of 132.4 g/t
silver in Hole CRC-10-06 and 21.3 metres of
101.6 g/t silver in Hole CRC-10-11 at the San Gregorio Zone, 10.7 metres of 172.5 g/t silver in Hole CRC-10-01 at the Las
Carolinas Zone and a near surface intercept of 7.3 metres of 68 g/t silver in Hole CRC-10-13 at the La Boracha Zone. All intercepts returned anomalous and
locally significant zinc with lead and copper.
The Company also conducted assaying for gold on certain select holes
from the program. Highlights from the San Gregorio Zone include 19.8 metres of 0.305 g/t gold including 1.5 metres
of 1.18 g/t gold in Hole CRC-10-11, 15.2 metres
of 0.087 g/t of gold in Hole CRC-10-05 and 32 metres
of 0.068 g/t gold including 6.1 of 0.142 g/t gold in Hole CRC-10-06.
Highlights from the La Carolinas Zone include: 12.2 metres
of 0.116 g/t gold including 6.1 metres of
0.132 g/t gold in Hole CRC-10-02.
To view a complete summary of the Company's drill results to date click
on the following link:
http://www.internationalnorthair.com/i/imagegallery/lacigarra/2010-10-14_La_Cigarra_Website_Chart.pdf
To view a plan of the Phase I drilling, click on the following
link:
http://www.internationalnorthair.com/i/imagegallery/lacigarra/2010-07-19_La_Cigarra_Drillholes.jpg
Project Summary
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 that is controlled by a northwest
striking fault system that has localized silver (lead, zinc, copper and gold)
mineralization hosted in sediments and related to rhyolite
dikes and flows. Grupo Northair
de Mexico, S.A. de C.A., a subsidiary of Northair,
can acquire a 100% property ownership by making payments over a 5 year period
totaling US$445,000 with no royalties.
Sampling and QA/QC
All technical information for the La Cigarra
property 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 picked up on site by
ALS Chemex Labs and taken to Chihuahua for drying,
crushing and pulverizing; with the pulps sent by airfreight to ALS Chemex in Vancouver BC for analysis. Systematic
assaying of standards and blanks during drilling are performed for precision
and accuracy. Analysis for silver, zinc, lead and copper was done by ICP
four acid digestion, with gold analysis by 30 gram
fire assay with an AA finish. Certain pulp and reject samples are routinely
analyzed by a second independent laboratory.
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: info@northair.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.