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Northair Intersects 765 g/t Silver over 6.5 Metres at La Cigarra Project, Mexico
Published : January 30, 2013

High Grade Mineralization Confirmed at North End of San Gregorio Zone

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VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 30, 2013) - International Northair Mines Ltd. (News - Market indicators) (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
      From To Drill Intercept Silver Gold
Hole  Dip  Zone (metres) (metres) (metres) g/t g/t
CC-12-129 -50° 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° San Gregorio No significant intervals    
               
CC-12-131 -56° San Gregorio 168.20 182.10 13.90 83.7 0.026
               
CC-12-132 -74° San Gregorio 36.40 44.00 7.60 15.5 0.038
               
CC-12-133 -52° 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° 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° 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° 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° 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° 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° 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.

International Northair Mines Ltd.
Fred Hewett
President
604-687-7545 or 1-888-338-2200
604-689-5041 (FAX)
or
International Northair Mines Ltd.
Chris Curran
Manager of Corporate Communications
604-687-7545 or 1-888-338-2200
604-689-5041 (FAX)
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/
Data and Statistics for these countries : Mexico | All
Gold and Silver Prices for these countries : Mexico | All
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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...
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
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
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
3/31/2011(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...
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...
Corporate news of International Northair Mines
8/14/2013Announces Voting Results of Annual General and Special Meeti...
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...
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...
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