Positive Results At The La Cigarra Project
VANCOUVER - Northair Silver Corp. reported positive sampling results at the La Colorada Zone ("La Colorada") on its flagship La Cigarra silver project located in Chihuahua State, Mexico.
Recent surface exploration work conducted by Northair included 15 channel and rock samples taken from veined faults traced over a distance of approximately 100 metres near the eastern margin of the La Colorada intrusive center. This work returned 125 g/t silver over a 1.5 metre channel width with 7 samples reporting values greater than 10 g/t silver. Additionally, 7 rock chip samples returned greater than 0.10 g/t gold, with 3 samples reporting over 1.0 g/t gold. The highest grade channel sample returned 6.92 g/t gold over a 2.0 metre width.
Andrea Zaradic commented, "We are very pleased with these latest sample results at the La Colorada Zone which supports our belief that additional exploration potential exists on the project in close proximity to the La Cigarra resource area. The Company will continue its field studies with the objective of defining additional targets with economic potential"
The La Colorada Zone is expressed on surface as a northwest-southeast trending silver and gold soil anomaly measuring 1,400 meters in length and 300 to 400 metres in width. The Company believes La Colorada represents a mineralized zone on the margin of the La Colorada intrusive center which is situated approximately 300 meters west of the Ram Zone and 1,200 meters west of the La Cigarra deposit.
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.