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Northair Provides Exploration Update at La Cigarra Project, Mexico
Published : December 18, 2012
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Keywords :   G Mexico | Market | Mexico | Silver | Volatility |

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 18, 2012) - International Northair Mines Ltd. (News - Market indicators) (the "Company" or "Northair") is pleased to provide an update on current exploration activities underway at its La Cigarra silver project ("Property"), located in north central Mexico.

As previously announced on November 13, 2012, Northair expanded its core drill program at La Cigarra to follow up higher grade zones identified during its initial 20,000 metre drill program. Since drilling recommenced, the Company has completed approximately 3,650 meters in 20 holes with one more planned before the Christmas break. Drilling is focused on down dip projections of known silver mineralization at San Gregorio and local infill drilling at Las Carolinas. The drilling will provide important deposit information to aid in the Company's initial resource estimate scheduled for completion in Q1 2013. Results from the most recent drill holes will be announced in the New Year.

In addition to the drill program, the Company currently has several geological crews conducting geological mapping, soil, rock and stream sediment sampling on a number of target locations within the recently enlarged La Cigarra concession package. One priority is on the southern extension of the Las Carolinas Zone, where prospecting and rock sampling has extended known silver bearing quartz veining and stockwork upwards of three (3) kilometres. This trend includes the Las Venadas Zone, (situated 500 metres south of Las Carolinas). This target area has returned important silver values over an area of approximately 230 metres by 90 metres, including a rock chip sample returning 2.5 metres of 233.0 g/t silver. The Company is utilizing incoming data to define and prioritize targets for more detailed exploration work including drilling. Full results from the mapping and sampling will be published in the first quarter of 2013.

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 south east. The 32,064 hectare property position controls an emerging mineral district with permissive geology and numerous historical mine workings.

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.

International Northair Mines Ltd.
Fred Hewett
President
604-687-7545 or 1-888-338-2200
or
International Northair Mines Ltd.
Chris Curran
Manager of Corporate Communications
604-687-7545 or 1-888-338-2200
or
International Northair Mines Ltd.
Brent Levenstadt
Investor Relations Associate
604-687-7545 or 1-888-338-2200
604-689-5041 (FAX)
info@northair.com
www.northair.com/international/
Companies Mentionned : International Northair | Metals X | Southern | X-ore |
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
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International Northair is an exploration silver and gold 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.
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Annual reports of International Northair Mines
2008 Annual report
2007 Annual Report
Financings of International Northair Mines
7/10/2013Announces Proposed Private Placement and Strategic Investmen...
Project news of International Northair Mines
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10/28/2013(La Cigarra)Executes Additional Surface Access Agreement at the La Cigar...
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...
2/13/2013(La Cigarra)Provides Update on its La Cigarra Silver Project, Mexico
12/18/2012(La Cigarra)Provides Exploration Update at La Cigarra 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
3/23/2011(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...
12/6/2010(La Cigarra)Northair Commences Drilling at La Cigarra Silver Project, Me...
11/22/2010(La Cigarra)Drilling Scheduled at Northair's La Cigarra Silver Project, ...
11/22/2010(La Cigarra)Drilling Scheduled at Northair's La Cigarra Silver Project, ...
9/27/2010(La Cigarra)Assays 19.8 Metres of 0.305 g/t Gold and 87.4 g/t Silver Fro...
7/30/2008Additional High Grade Drill Results from Moly Brook, Newfoun...
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4/25/2016B.C. Supreme Court approves Kootenay - Northair Business Com...
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3/31/2016Leading Proxy Advisory Firm Recommends Northair's Shareholde...
3/29/2016Kootenay Silver Acquires NSR from Coeur Capital on La Cigarr...
3/16/2016Northair Silver Files Information Circular in Connection Wit...
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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...
11/9/2015Northair Announces Sampling Results at Nogalera Zone at La C...
9/28/2015Northair Reports Positive Mapping and Sampling Results at RA...
8/18/2015Northair Silver Corp. Earnings Q2*, 2015
6/29/2015Northair Increases Overall Silver Recoveries and Optimizes P...
6/10/2015Northair Silver Airborne Geophysical Survey Identifies New D...
5/11/2015Northair Silver Corp. Submits Application for Drilling Permi...
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 ...
7/22/2013Coeur Mining Increases Investment in International Northair ...
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...
2/26/2013(La Cigarra)Reports Maiden Resource Calculation at La Cigarra Silver Pro...
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...
5/10/2011(La Cigarra)Intersects 39.3 Metres of 205.3 g/t Silver at La Cigarra Pro...
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