Location
Overview
Work Performed
Planned Exploration
Geology

Location

The La India Project has excellent access and infrastructure. It is located in the Sierra San Francisco, approximately 30 kilometres east of the small city of Santiago Papasquiaro, and approximately 140 kilometres north of the capital city of Durango.

Overview 

La India was identified as an attractive acquisition target by exploration staff in June 2006, as part of the Company�s generative exploration program.  Initial sampling reported encouraging gold mineralization within an intrusive breccia, leading to land acquisition.  Regional reconnaissance completed to date, indicates that the exploration potential distal to the known mineralization is excellent. Two small gambusino workings have been found within the project area, but there is no evidence that the property has been examined by other modern exploration companies.   INM recently acquired concessions covering approximately 1800 hectares through staking and the option to purchase a 300 hectare privately held concession.  Northair can acquire a 100% interest in the optioned concession by paying US$171,000 over a four-year period.

Work Performed

During its initial field evaluation in June 2006, the Company took a total of 16 reconnaissance samples. The average value of these samples was 1.486 g/t gold, with a high of 10.8 g/t and a low value of 0.02 g/t.  Samples consisted of panel grabs as well as continuous chips taken over intervals ranging from 2 to 10 metres.  During the months of August and September, the Company conducted regional and detailed mapping and sampling, and stream sediment sampling.  Assay results were received from 43 additional samples taken within the main zone. Included within the samples were two lines of continuous sampling over limited outcrop. These samples were primarily five metre continuous chips. Line one reported 32 metres @ 2.31 g/t gold and line two reported 48 metres @ 1.08 g/t gold, essentially perpendicular to each other. 

37 additional samples have been taken which include 2.42 g/t gold over a 15 metre interval, with the remainder of the samples mainly 5 metre chips taken from outcrops within the mineralized system. Of the 37 samples taken, 15 returned values exceeding 0.5 g/t gold, and four reported 2.10, 2.61, 2.55 and 2.11 g/t gold over 5 metres.  Geological mapping was concentrated within the currently defined zone of mineralization and alteration, which was mapped over a strike length of approximately 300 metres with widths locally exceeding 70 metres.

Planned Exploration

The Company is currently engaged in a regional geological reconnaissance program within the roughly 1850 hectare property position. The program includes geological mapping and rock chip and stream sediment sampling. Regional exploration potential is considered good, with several other areas of intrusives and alteration indicated.

Geology

La India is an iron oxide low sulfidation gold system with significant tonnage potential. Mineralization occurs in an intrusive rhyolite breccia that is currently estimated to be at least 50 by 200 meters in surface exposure. The mineralized breccia zone contains hydrothermal and explosive fragments of rhyolite porphyry, cemented by a matrix of siliceous iron oxide. High density (<1 cm wide) stockworking quartz veinlets cut both the matrix and fragments of the breccia, which intrudes rhyolite volcanics. The area is also cut by several large regional extensional faults. The higher elevations within the property are covered by post-mineral welded ash and ignimbrite. All units are tentatively identified as belonging to the Superior Super Group. Mineralization is postulated to be genetically associated with rhyolite porphyries.