September 24, 2009 Northair Continues Exploration at La Cigarra Silver Project, Mexico
International Northair Mines Ltd. (TSXV: INM) (the "Company" or "Northair") is pleased to announce that a field program has commenced at the La Cigarra property, following the Mexican rainy season. The program is intended to complete geological mapping and reconnaissance sampling over the entire property position, and complete a detailed evaluation of any newly defined areas of mineralization. A soil sampling program will also be conducted over a roughly 3,300 metre long by 300 metre wide area along the prospective trend of mineralization. Three presently known zones (La Boracha, San Gregorio and Las Carolinas) have been defined within this trend (click here to view map). The field work will lead to a mechanical trenching program in preparation for an anticipated 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, which is expected shortly.
La India Project
Fresnillo PLC has officially notified Northair that it is returning the La India property to the Company. Fresnillo completed a program of surface mapping and sampling and completed 8 diamond drill holes totaling 867 metres in June 2009. The Fresnillo drill program tested two mineralized zones, the South Breccia previously outlined on surface by Northair and the North Breccia discovered by Fresnillo and located approximately 500 metres north of the South Breccia. Fresnillo's drilling encountered anomalous intervals of gold mineralization in all eight holes; however no mineralized intervals of potentially economic grades were reported. Northair is presently reviewing the Fresnillo data and considering other joint venture partners.
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.
You can view the Next News Releases item: Thu Dec 10, 2009, Great Bear Joins Northair on El Reventon Silver Project, Mexico
You can view the Previous News Releases item: Mon Aug 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
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