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International Northair Mines

Publié le 17 décembre 2015

Northair Reports Follow-up Sampling at Nogalera Zone, La Cigarra Project, Mexico

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Mots clés associés :   Copper | G Mexico | Zinc |

Northair Reports Follow-up Sampling at Nogalera Zone, La Cigarra Project, Mexico

Northair Silver Corp. (TSXV: INM) (the 'Company' or 'Northair') is pleased to announce additional positive sampling results at the Nogalera Zone ('Nogalera') on its flagship La Cigarra silver project (the 'Project') located in Chihuahua State, Mexico.

Andrea Zaradic, (President & CEO of Northair) commented, 'We are very excited about the recent field results from the mapping and sampling program completed by the Company within the Nogalera area. These results further support the possibility of a mineralized body on the western flank of the La Cigarra resource area (the 'West Flank'), which displays similar structural geometry as identified at Las Carolinas. Fieldwork will progress at Nogalera as the Company continues to gather additional information on this important target.'

To follow-up a previous exploration program reported on November 9, 2015 (see INM PR#15-10), the Company continued its work at the Nogalera Zone located southwest from the La Cigarra silver deposit. The West Flank target is hosted within the southwest flanks of a district geologic feature called the La Cigarra Anticline. Here, two sub-parallel mineralized structures occur and can be traced for upwards of 700 meters. Rock samples taken along the more westerly splay of the West Flank target consistently returned high grade gold and lead values with appreciable silver and zinc anomalies. The Company completed a series of 15 channel samples here that support continuous mineralization along strike. Further structures sampled in this area can be projected on trend with exposures where previous sampling had identified similar gold lead silver and zinc mineralization. The eastern segment of the West Flank target is not as well defined, but is exposed in a shallow shaft where two samples averaged 100 g/t silver and 0.7 g/t gold.

Please click on the following link to view a map showing the results of the gold in rock samples and the location of the mineralized structures found within the Nogalera Zone:
http://www.northairsilver.com/i/misc/2015-12-17_LaCigarraTargetNogaleraAu20151216.jpg

Highlights of Recent Samples at Nogalera Zone

Of the 64 rock samples taken during the recent follow up program, one grab sample returned a high value of 10.85 g/t gold and 179 g/t silver. In total 12 samples reported grades exceeding 10 g/t silver (see table below for further highlights).

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

Sample East North Type Width Silver
(g/t)
Gold
(g/t)
Pb
ppm
Zn
ppm
232221 409367 2988407 Dump N/A 179.0 10.85 77800 13200
232216 409392 2988376 Dump N/A 176.0 4.11 21600 3310
232220 409370 2988405 Dump N/A 159.0 4.590 46000 2720
232223 409362 2988413 Channel 1.5 141.0 0.781 50800 3320
232226 409361 2988420 Channel 0.6 80.6 4.240 43000 27400
232224 409360 2988416 Channel 1.5 41.0 0.762 7320 4550
232230 409356 2988436 Channel 1.6 35.2 0.851 9570 1250
232228 409351 2988423 Channel 1.5 25.0 0.487 6950 1920
232229 409353 2988425 Channel 1.5 20.5 0.901 3880 2060
232215 409392 2988376 Channel 1.5 16.4 0.791 7550 159
232236 409328 2988435 Dump N/A 12.8 1.270 6570 913
232222 409360 2988408 Channel 1.8 11.5 0.183 4570 12150

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.

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International Northair Mines

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International Northair est une société d’exploration minière d'argent et d'or basée au Canada.

International Northair détient divers projets d'exploration au Mexique.

Ses principaux projets en exploration sont SIERRA ROSARIO, LA CIGARRA, LA INDIA, EL TESORO et EL REVENTON au Mexique.

International Northair est cotée au Canada. Sa capitalisation boursière aujourd'hui est 24,0 millions CA$ (19,0 millions US$, 16,8 millions €).

La valeur de son action a atteint son plus haut niveau récent le 31 janvier 1997 à 1,54 CA$, et son plus bas niveau récent le 19 décembre 2008 à 0,02 CA$.

International Northair possède 150 140 000 actions en circulation.

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