International Northair Acquires Silver Property

VANCOUVER, BC - International Northair Mines Ltd. Reported that it has entered into an option to acquire a 100% interest in the "La Cigarra Project" located in the State of Chihuahua, Mexico. The La Cigarra concessions cover numerous silver occurrences over a currently traced 4 kilometre trend of mineralization that appears to have significant potential for both high grade vein as well as surface minable deposits. The Company's wholly-owned subsidiary, Grupo Northair de Mexico, S.A. de C.V. has signed a Letter of Intent with the concession owners and has commenced its due diligence.  La Cigarra is located along the eastern fringes of the Sierra Madre Occidental in north central Mexico with excellent access, topography and infrastructure. Although there are dozens of small to medium sized old workings within the project area, there is no evidence of any modern exploration. Epithermal low-sulfidation silver dominant mineralization occurs within altered rhyolite intrusives and sediments along the 4 kilometre mineralized trend. The project lies within a prospective geological belt approximately 350 kilometres in length that includes the districts and projects of Parral, Santa Barbara, Santa Maria de Oro, Inde, Guanacevi, La Pitarilla, Avino and La Preciosa. This belt has been the focus of Northair's recent generative exploration programs and the potential significance of the property was identified during a number of field examinations.  La Cigarra consists of 7 privately held concessions, totaling approximately 335 hectares, effectively controlling an entire district. Grupo Northair can acquire a 100% ownership in the concessions by making payments over a 5 year period totaling US$445,000. A payment of US$5,000 is due upon signing the formal option agreement. Signing of the formal agreement will be subject to further technical and legal due diligence by Grupo Northair, as well as approval by the Company's Board of Directors and the TSXV Exchange, and registration with the appropriate Mexican government authorities.
The company’s address is Suite 860 - 625 Howe Street, Vancouver BC V6C 2T6, 604. 687.7545, fax: 604.689.5041.