August 17, 2009 Northair Reports Strong Exploration Results at La Cigarra Silver Project, Mexico Additional Sample Results from Las Carolinas Zone Include 13 metres of 238.8 g/t Silver
International Northair Mines Ltd. (TSXV: INM) (the "Company" or "Northair") is pleased to announce additional encouraging results from the La Cigarra Project located in the state of Chihuahua, Mexico. A recently completed program focused on sampling of the Las Carolinas Zone, located in the southern portion of the project. Highlights of the program include results from a sample taken over 13 metres of an intensely altered rhyolite intrusive which returned 238.8 g/t silver. Las Carolinas is one of three zones currently identified within the project that occur over an approximate three kilometre trend of sliver dominant mineralization (Click here to see map). Previous sample results were announced for the San Gregorio Zone (April 29, 2009) and the La Boracha Zone (June 10, 2009).
Northair's field mapping and rock chip sampling programs indicate that the Las Carolinas zone of alteration is approximately 900 metres long by 100 metres in width. Within the envelope of alteration are numerous zones of mineralization, representing bulk tonnage as well as high grade vein targets. It is estimated that approximately 30% of the zone outcrops, with the remainder covered by a thin veneer of talus and colluvium. The Company has taken a total of 95 rock chip and 6 panel grab samples from within the zone of alteration, reporting an average grade of 123.1 g/t silver with values ranging between a low of 2.5 g/t silver and a high of 381.0 g/t silver. The average sample length of the rock chip samples is 4.4 metres. The Company took continuous chip samples in areas of larger outcrops or mine workings, summarized in the following table. It is important to note, due to the exposures, three of these continuous sample lines were oriented parallel to sub-parallel to the trend of mineralization and should not be interpreted as representing the possible width of the zone.
From altered sediments. No old workings
From altered sediments in gully. Limited outcrop and no old workings
From altered sediments exposed in small pits aligned parallel to apparent trend of mineralization
From strongly altered rhyolite intrusive. No old workings
From altered sediments exposed in small pits aligned parallel to apparent trend to mineralization
From altered sediments exposed in old workings parallel to apparent trend of mineralization
From intensely altered rhyolite intrusive
The zone of alteration at Las Carolinas contains swarms of aphanitic rhyolite dikes and small stocks intruding shale, siltstone and sandstone. Mineralization appears to be genetically and spatially associated with the intrusives. Of particular interest to the Company is locally high grade silver mineralization over significant widths within altered rhyolite, which exhibits high level silicification and hydrothermal brecciation.
The Company is currently designing a mechanical trenching program along the mineralized trend. This program will help to define geologic controls for mineralization and to establish true widths and grades at surface prior to a possible drill program.
The La Cigarra silver project consists of six concessions and is located in State of Chihuahua along the eastern fringes of the Sierra Madre Occidental in north central Mexico. The project has good access, topography and infrastructure. Grupo Northair de Mexico, S.A. de C.A., a subsidiary of Northair, can acquire a 100% ownership of the concessions by making payments over a 5 year period totaling US$445,000 with no royalties. The acquisition is subject to registration with the appropriate Mexican government authorities.
The technical information in this news release has been prepared in accordance with Canadian regulatory requirements set out in National Instrument 43-101 and reviewed by Jim Robinson, the Company's Vice President of Exploration, 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: [email protected]
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.
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