International Northair Mines

Published : November 09th, 2015

Northair Announces Sampling Results at Nogalera Zone at La Cigarra Project, Mexico

( 0 vote, 0/5 ) Print article
  Article Comments Comment this article Rating Follow Company  
0
Send
0
comment

Northair Announces Sampling Results at Nogalera Zone at La Cigarra Project, Mexico

Sampling at Nogalera Returns 118 g/t Silver Over 0.7 Metres and 3.08g/t Gold Over 1.5 Metres Follow-up Sampling Program to Commence


Northair Silver Corp. (TSXV: INM) (the 'Company' or 'Northair')

is pleased to announce positive sampling results at the

Nogalera Zone

('Nogalera') on its flagship La Cigarra silver project (the 'Project') located in Chihuahua State, Mexico. Nogalera is one of many zones identified within the Project that is proximal to the current NI 43-101 resource and has the potential to yield new additional resources. Subsequent to achieving several positive outcomes from its on-going exploration programs over the past year, the Company continues to be excited about the exploration upside at La Cigarra and will commence a follow-up sampling program to target further silver-bearing zones.

Work to date by Northair technical crews at Nogalera include mapping and rock sampling, which have identified a zone of vein related silver and gold. Mineralization in this zone is hosted in altered sediments along a large structure that coincides with a magnetic low as do the known resource areas on the property and within the district. Of the 36 rock samples taken within the area between now and 2013, 14 returned grades over 10 g/t silver with a high value of 118 g/t silver over 0.7 metres. In addition to anomalous silver, lead and zinc, many of the samples contain higher than usual gold including one with 3.08 g/t gold over 1.2 metres. (See table below for further highlights.) Northair plans to sample an area approximately 475 meters long by 220 meters wide with the objective of defining drill targets.

Nogalera Zone - Channel and Rock Chip Sampling Highlights > 10 g/t Silver

Sample East North Type Width Ag
ppm
Au
ppm
Pb
ppm
Zn
ppm
230739 409410 2988738 Channel 0.7 118.0 0.804 57900 564
231572 409381 2988649 Channel 1.5 85.7 0.193 79500 2110
230740 409402 2988737 Channel 0.8 83.2 0.654 34100 349
230743 409410 2988738 Channel 0.8 53.3 0.124 23800 236
230744 409402 2988737 Channel 0.8 31.1 0.149 15650 197
230217 409358 2988834 Channel 1.5 30.1 0.115 24000 920
230741 409410 2988739 Channel 0.6 27.7 0.230 15500 181
231568 409399 2988700 Channel 1.5 16.5 0.318 14500 278
231571 409395 2988695 Channel 1.5 15.9 0.125 4150 133
230747 409402 2988738 Dump N/A 14.0 0.171 4490 1915
230212 409290 2988708 Outcrop 1.5 13.7 0.551 6160 2770
230745 409402 2988750 Outcrop 1.5 13.5 0.054 8060 323
230742 409402 2988738 Dump N/A 12.3 0.151 5010 284
230206 409277 2988766 Channel 1.2 11.2 3.08 11700 7230

To view a map of the Project highlighting the Norgalera Zone as well as other areas to be targeted by the proposed work program see below or click on the following link:

http://media3.marketwire.com/docs/2015-11-09_LaCigarraGeochemAgRockTargets_PR.jpg

Discussion of Proposed Work Program to Prioritize High Grade Targets

Field work over the last several months by the Northair technical team has advanced an evolving exploration model that predicts the occurrence of robust silver zones beneath impermeable quartzite cap- rock that outcrops over areas of the property. This concept is supported on the property where high-grade silver has been identified. The current priority targets include areas where previous sampling has identified zones where anomalous to high grade silver was channeled through the cap-rock along open channel-ways created by faulting. The proposed work program is designed to prioritize these target areas where the mineralized faults project beneath the quartzite to the favorable host environment.

An important target structure that will see additional evaluation is the La Soledad Fault. Here mineralization occurs over a strike length of 1.0 kilometre with silver values up to 277 g/t. The Company believes that this mineralization represents leakage along open fractures through the normally impermeable quartzite unit. Further, the model predicts that the cap-rock tends to confine the mineral system at the base of the quartzite.

Other known areas of mineralization that will be re-evaluated include the canyon area (the 'Canyon'), which lies between the high grade silver target located at RAM and the Las Carolinas Zone where fault zones cutting the quartzite are strongly quartz-veined. Previous sampling taken here in 2011 identified up to 8.0 meters of 96.3 g/t silver. Detailed mapping and sampling will also be carried out over areas of favorable alteration peripheral to the Las Carolinas resource area and in the La Navidad Zone.

This work is designed to better prioritize targets for a planned drilling program expected to commence once permits are in hand. The program will include a preliminary drill test of the high-grade silver RAM target that is exposed through an erosional window below the quartzite cap-rock. This occurrence strongly supports the Company's current exploration model.

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. The samples are dried, crushed and pulverized with the pulps being sent airfreight for analysis by ALS in Vancouver B.C. Systematic assaying of standards is 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.

Qualified Persons

Mr. David Ernst, a professional geologist and VP Exploration of Northair is a Qualified Person as defined by NI 43-101. Mr. Ernst has reviewed the technical information in this news release and approves the disclosure herein.

About Northair Silver Corp.

Northair is focused on advancing its flagship La Cigarra silver project located in the state of Chihuahua, Mexico, 26 kilometres from the historic silver mining city of Parral. The property boasts nearby power, good road access, gentle topography, established infrastructure and currently hosts a NI 43-101 Resource estimate of 51.47 million ounces of silver in the Measured & Indicated categories grading 86.3 g/t silver and 11.46 million ounces of silver in the Inferred category grading 80 g/t silver. The mineralized system at La Cigarra has been traced over 6.5 kilometres and is defined at surface as a silver soil anomaly and by numerous historic mine workings. The La Cigarra silver deposit is open along strike and at depth and is approximately 25km north, and along strike of Grupo Mexico's Santa Barbara mine and Minera Frisco's San Francisco del Oro mine.

ON BEHALF OF THE BOARD,
NORTHAIR SILVER CORP.

'Andrea Zaradic'
______________________________
Andrea Zaradic, P. Eng.
President & CEO


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.

Caution Concerning Forward-Looking Statements

This news release may contain forward looking statements which are statements that are not statements of historical fact, such as statements regarding the mineral resource estimates, results of the sensitivity analysis, anticipated production or results, sales, revenues, costs, or discussions of goals and exploration results, and involve 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, mineral 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.

Cautionary Note Concerning Estimates of Measured, Indicated and Inferred Mineral Resources

This news release uses the terms 'Measured and Indicated Resources' and 'Inferred Resources', which have a great amount of uncertainty as to their existence, and great uncertainty as to their economic feasibility. It cannot be assumed that all or any part of a Measured and Indicated and/or Inferred Mineral Resource will ever be upgraded to a higher category. Under Canadian rules, estimates of Inferred Resources may not form the basis of feasibility or other economic studies. Northair advises U.S. investors that while this term is recognized and required by Canadian regulations, the U.S. Securities and Exchange Commission does not recognize it. U.S. investors are cautioned not to assume that part or all of a Measured, Indicated and Inferred resource exists, or is economically or legally minable.

Read the rest of the article at www.noodls.com
Data and Statistics for these countries : Mexico | All
Gold and Silver Prices for these countries : Mexico | All

International Northair Mines

EXPLORATION STAGE
CODE : INM.V
Follow and Invest
Add to watch list Add to your portfolio Add or edit a note
Add Alert Add to Watchlists Add to Portfolio Add Note
ProfileMarket
Indicators
VALUE :
Projects & res.
Press
releases
Annual
report
RISK :
Asset profile
Contact Cpy

International Northair is a silver and gold exploration company based in Canada.

International Northair holds various exploration projects in Mexico.

Its main exploration properties are SIERRA ROSARIO, LA CIGARRA, LA INDIA, EL TESORO and EL REVENTON in Mexico.

International Northair is listed in Canada. Its market capitalisation is CA$ 24.0 millions as of today (US$ 19.0 millions, € 16.8 millions).

Its stock quote reached its highest recent level on January 31, 1997 at CA$ 1.54, and its lowest recent point on December 19, 2008 at CA$ 0.02.

International Northair has 150 140 000 shares outstanding.

Your feedback is appreciated, please leave a comment or rate this article.
Rate : Average note :0 (0 vote) View Top rated
 
Annual reports of International Northair Mines
2007 Annual Report
Financings of International Northair Mines
7/10/2013Announces Proposed Private Placement and Strategic Investmen...
3/17/2011Completes Oversubscribed Private Placement for + $5 Million
3/1/2011Announces $4,000,000 Private Placement
Nominations of International Northair Mines
7/6/2011Appoints Thomas Burkhart to the Board of Directors
Project news of International Northair Mines
3/31/2015(La Cigarra)Silver to Conduct Airborne Geophysical Program at La Cigarra...
10/28/2013(La Cigarra)Executes Additional Surface Access Agreement at the La Cigar...
9/16/2013(El Reventon)Focus Ventures Returns El Reventon Project
9/11/2013(La Cigarra)Completes Surface Access and Rights Agreements at the La Cig...
6/26/2013(La Cigarra)Confirms Parallel Mineralized Silver Zone at La Cigarra Proj...
6/26/2013(La Cigarra)Confirms Parallel Mineralized Silver Zone at La Cigarra Proj...
5/2/2013(El Reventon)Reports that Focus Commences Drilling at El Reventon Project...
2/13/2013(La Cigarra)Provides Update on its La Cigarra Silver Project, Mexico
10/16/2012(La Cigarra)Reports Positive Metallurgical Results for La Cigarra Silver...
10/3/2012(La Cigarra)Significantly Increases Land Position at La Cigarra Silver P...
9/25/2012(El Reventon)and Focus Sign Definitive Agreement for El Reventon Property...
4/14/2011(La Cigarra)s Drilling at La Cigarra Silver Project, Mexico
3/31/2011(La Cigarra)Intersects 48.05 Metres of 140.6 g/t Silver at La Cigarra Pr...
3/23/2011(La Cigarra)Expands Drilling at La Cigarra Silver Project, Mexico
2/24/2011(La Cigarra)Intersects 80.45 Metres of 123.5 g/t Silver at La Cigarra Si...
7/30/2008Additional High Grade Drill Results from Moly Brook, Newfoun...
Corporate news of International Northair Mines
4/25/2016B.C. Supreme Court approves Kootenay - Northair Business Com...
4/25/2016Kootenay Silver Completes Business Combination with Northair...
4/25/2016Northair Silver Securityholders Approve Business Combination...
4/21/2016Kootenay Silver completes business combination with Northair...
4/19/2016B.C. Supreme Court approves Kootenay - Northair Business Com...
4/14/2016Northair Silver Securityholders Approve Business Combination...
4/7/2016Northair Silver Reminds Shareholders to Vote for the Merger ...
3/31/2016Leading Proxy Advisory Firm Recommends Northair's Shareholde...
3/29/2016Kootenay Silver Acquires NSR from Coeur Capital on La Cigarr...
1/14/2016Kootenay and Northair To Host Live Conference Call & Audio W...
1/13/2016Kootenay and Northair Announce Transaction to Create Leading...
1/13/2016IIROC Trading Resumption - INM
1/13/2016IIROC Trading Halt - INM
12/17/2015Northair Reports Follow-up Sampling at Nogalera Zone, La Cig...
9/28/2015Northair Reports Positive Mapping and Sampling Results at RA...
6/29/2015Northair Increases Overall Silver Recoveries and Optimizes P...
3/31/2015Northair Silver to Conduct Airborne Geophysical Program at L...
3/26/2015Northair Silver Corp. Reports Positive Results of Mapping an...
3/26/2015Silver Corp. Reports Positive Results of Mapping and Sampli...
3/2/2015Northair Silver Corp. Files NI 43-101 Technical Report on SE...
1/26/2015Northair Silver Corp. Plans Further Metallurgical Testing fo...
1/14/2015Northair Reports Updated Mineral Resource Estimate at La Cig...
12/22/2014Northair Silver Corp. Acquires Los Cuates Gold Project, Mexi...
12/22/2014Northair Silver Corp. Acquires Los Cuates Gold Project, Mexi...
12/18/2014Northair Silver Corp. Grants Stock Options
12/15/2014Northair Silver Corp. Releases Results of 2014 Drilling Prog...
12/8/2014Northair Silver Corp. Announces new CFO and Director
11/21/2014International Northair Mines Ltd. Changes Name to Northair S...
10/21/2014Northair Identifies La Colorada Silver/Gold Zone at La Cigar...
10/21/2014Northair Identifies La Colorada Silver/Gold Zone at La Cigar...
10/6/2014International Northair Mines Ltd. Acquires 100% Interest in ...
9/8/2014International Northair Mines Completes Non-Brokered Private ...
8/7/2014IIROC Trading Resumption - INM
8/7/2014IIROC Trading Halt - INM
7/14/2014International Northair Mines Ltd. Exercises Option to Acquir...
6/25/2014International Northair Mines Ltd. Commences Drilling at La C...
6/17/2014International Northair Mines Ltd.: Trenching of Ram Zone Yie...
6/3/2014International Northair Mines Ltd. Schedules Drill Program fo...
5/27/2014International Northair Mines Ltd. Closes US$4.0 Million Roya...
5/21/2014International Northair Mines Ltd. Raises US$4.0 Million on R...
4/28/2014Northair Trench Sampling of Ram Zone Yields 16.20 Metres of ...
8/14/2013Announces Voting Results of Annual General and Special Meeti...
4/11/2013(La Cigarra)Files NI 43-101 Technical Report on SEDAR for Maiden Resourc...
3/26/2013Reports Continued Exploration Success along the Southern Ext...
1/30/2013(La Cigarra)Intersects 765 g/t Silver over 6.5 Metres at La Cigarra Proj...
1/15/2013(La Cigarra)Intersects 164 g/t Silver Over 15.9 Metres at La Cigarra Pro...
1/15/2013(La Cigarra)Intersects 164 g/t Silver Over 15.9 Metres at La Cigarra Pro...
11/13/2012(La Cigarra)Intersects 95.5 g/t Silver Over 11 Metres at La Cigarra Proj...
10/23/2012(La Cigarra)Intersects 336.1 g/t Silver Over 10.4 Metres at La Cigarra P...
9/18/2012(La Cigarra)Intersects 170.4 g/t Silver Over 17.9 Metres at La Cigarra P...
7/12/2011(La Cigarra)Intersects 92.95 Metres of 25.8 g/t Silver at La Cigarra Pro...
6/16/2011(La Cigarra)Intersects 21.85 Metres of 185.8 g/t Silver at La Cigarra Pr...
5/30/2011Announces Exercise of Warrants for Proceeds of Over $2.2 Mil...
5/25/2011(La Cigarra)Intersects 9.35 Metres of 628.7 g/t Silver at La Cigarra Pro...
5/10/2011(La Cigarra)Intersects 39.3 Metres of 205.3 g/t Silver at La Cigarra Pro...
Comments closed
 
Latest comment posted for this article
Be the first to comment
Add your comment
TSX-V (INM.V)
0.160+0.00%
TSX-V
CA$ 0.160
04/20 15:46 -
0%
Prev close Open
0.160 0.160
Low High
0.160 0.170
Year l/h YTD var.
 -  -
52 week l/h 52 week var.
- -  0.160 -%
Volume 1 month var.
246,213 -%
24hGold TrendPower© : 44
Produces
Develops
Explores for Gold - Lead - Silver - Zinc
 
 
 
Analyse
Interactive chart Add to compare
Interactive
chart
Print Compare Export
Last updated on : 2/25/2010
You must be logged in to use the porfolio and watchlists (free)
Top Newsreleases
MOST READ
Annual variation
DateVariationHighLow
 
5 years chart
 
3 months chart
 
3 months volume chart
 
 
Mining Company News
Plymouth Minerals LTDPLH.AX
Plymouth Minerals Intersects Further High Grade Potash in Drilling at Banio Potash Project - Plannin
AU$ 0.12-8.00%Trend Power :
Santos(Ngas-Oil)STO.AX
announces expected non-cash impairment
AU$ 7.75+0.52%Trend Power :
Oceana Gold(Au)OGC.AX
RELEASES NEW TECHNICAL REPORT FOR THE HAILE GOLD MINE
AU$ 2.20+0.00%Trend Power :
Western Areas NL(Au-Ni-Pl)WSA.AX
Advance Notice - Full Year Results Conference Call
AU$ 3.86+0.00%Trend Power :
Canadian Zinc(Ag-Au-Cu)CZN.TO
Reports Financial Results for Q2 and Provides Project Updates
CA$ 0.12+4.55%Trend Power :
Stornoway Diamond(Gems-Au-Ur)SWY.TO
Second Quarter Results
CA$ 0.02+100.00%Trend Power :
McEwen Mining(Cu-Le-Zn)MUX
TO ACQUIRE BLACK FOX FROM PRIMERO=C2=A0
US$ 11.11+2.21%Trend Power :
Rentech(Coal-Ngas)RTK
Rentech Announces Results for Second Quarter 2017
US$ 0.20-12.28%Trend Power :
KEFIKEFI.L
Reduced Funding Requirement
GBX 0.55+0.18%Trend Power :
Lupaka Gold Corp.LPK.V
Lupaka Gold Receives First Tranche Under Amended Invicta Financing Agreement
CA$ 0.06-8.33%Trend Power :
Imperial(Ag-Au-Cu)III.TO
Closes Bridge Loan Financing
CA$ 2.47+3.78%Trend Power :
Guyana Goldfields(Cu-Zn-Pa)GUY.TO
Reports Second Quarter 2017 Results and Maintains Production Guidance
CA$ 1.84+0.00%Trend Power :
Lundin Mining(Ag-Au-Cu)LUN.TO
d Share Capital and Voting Rights for Lundin Mining
CA$ 15.25-3.42%Trend Power :
Canarc Res.(Au)CCM.TO
Canarc Reports High Grade Gold in Surface Rock Samples at Fondaway Canyon, Nevada
CA$ 0.24+0.00%Trend Power :
Havilah(Cu-Le-Zn)HAV.AX
Q A April 2017 Quarterly Report
AU$ 0.19+0.00%Trend Power :
Uranium Res.(Ur)URRE
Commences Lithium Exploration Drilling at the Columbus Basin Project
US$ 6.80-2.86%Trend Power :
Platinum Group Metals(Au-Cu-Gems)PTM.TO
Platinum Group Metals Ltd. Operational and Strategic Process ...
CA$ 1.79-3.76%Trend Power :
Devon Energy(Ngas-Oil)DVN
Announces $340 Million of Non-Core Asset Sales
US$ 52.57+0.84%Trend Power :
Precision Drilling(Oil)PD-UN.TO
Announces 2017Second Quarter Financial Results
CA$ 8.66-0.35%Trend Power :
Terramin(Ag-Au-Cu)TZN.AX
2nd Quarter Report
AU$ 0.04+0.00%Trend Power :