International Northair Mines Ltd. (TSXV:INM) (Northair) has elected, due to significant option payments, to terminate its agreement with four underlying vendors at its El Tesoro Project, Durango, Mexico. The Company continues to maintain its wholly owned concessions comprising nearly 3000 hectares, which surround the returned claims. Northair�s 100% owned concessions cover the G Zone where no drilling has been conducted, but surface trenching has returned values of 18.86 g/t gold and 13.09 g/t silver over 12 metres; as well as the possible connection between the A and E Zones and the postulated eastern extension of the D Zone. In addition, significant gold and silver stream sediment anomalies which lie on the Company�s claims to the north, south and east of known mineralization provide further exploration potential on the property.

Also in Durango, exploration has re-commenced at the Company�s Las Moras Project. A program of property wide stream sediment sampling and geological mapping will be conducted in conjunction with more detailed work at the La Ventana gold zone. The La Ventana Zone, where previous sampling by the Company has returned significant gold values (10.6 metres of 43.26 g/t) from rhyolite volcanics, (see news release July 12, 2004), will be covered by an expanded soil survey grid. This soil survey, with selected pit excavations, is designed to expand the present 75 x 150 metre strongly anomalous soil area and provide a basis for further exploration.

At the Company�s Sierra Rosario Project in Sinaloa, under option to Sparton Resources Inc., exploration continues with the objective of defining drill targets (see news release February 28, 2005). Of particular interest is the San Rafael Zone where surface sampling by the Company returned an average of 181 g/t silver and 0.321 g/t gold from continuous channel sampling over appreciable widths.

In addition to work on the Company�s attractive exploration projects, Northair continues with its successful generative exploration program designed to add significant properties to its portfolio. All Northair�s exploration programs are conducted under the supervision of Mr. James R. Robinson, Vice President Exploration who is a Qualified Person under National Instrument 43-101.

The Company has, pursuant to its Stock Option Plan, granted options to an employee to purchase an aggregate of 50,000 common shares. The options are exercisable on or before March 15, 2010 at an exercise price of $ 0.35.