336.1 g/t Silver Over 10.4 Metres Intersected At La Cigarra Project
VANCOUVER, BC - International Northair Mines Ltd. reported assay results from 11 core holes completed in the Las Carolinas Zone at its La Cigarra silver project, located in north central Mexico.
"Recent drilling continues to provide positive infill data and has extended the La Cigarra mineral system 100 metres to the south, increasing the known strike length of the combined San Gregorio and Las Carolinas zones to approximately 2.4 kilometres," said Fred Hewett, President and CEO. "We are very encouraged with the results of hole CC-12-104, which extended the continuity of silver mineralization down dip from holes CC-11-006 and CC-11-012. These results also suggest the discovery of a new high grade area comparable to that previously defined in the San Gregorio Zone. Further work is necessary to determine if this enriched silver zone can be traced southerly in Las Carolinas.
"As well, the results from holes CC-12-067 and CC-12-108 show that mineralization extends to the southern boundary of the original La Cigarra concessions with indications of a second parallel system. These intersections are also on trend towards the Las Venadas and La Soledad zones, located 500 and 1,200 metres respectively on the newly acquired concession."
Hole CC-12-067 returned intercepts of 15.50 metres of 20.6 g/t silver, 3.0 metres of 21.1 g/t silver and 3.00 metres of 34.3 g/t silver. Hole CC-12-067 is a step out hole positioned approximately 100 metres south of CC-12-065; Previously the most southern hole drilled within the La Carolinas Zone; Hole CC-12-104 returned an intercept of 66.80 metres of 80.2 g/t silver, including 10.40 metres of 336.1 g/t silver. This hole tested the down dip projection of hole CC-12-006;Hole CC-12-105, intercepted 25.00 metres of 48.1 g/t silver, including 9.00 metres of 90.6 g/t silver. This hole tested the up-dip projection of mineralization encountered in hole CC-12-103; Hole CC-12-108 intercepted 31.50 metres of 25.6 g/t silver including 8.85 metres of 55.2 g/t silver. This hole confirmed the strength of the mineralized system at its presently known southern end.
Northair has now released data from 111 of the 118 core holes currently completed at La Cigarra. Assays for the remaining 7 core holes (all completed in the Las Carolinas Zone) will be released once results are received and interpreted. Since the first drill program was initiated on the property in 2010, the Company has completed 133 drill holes totaling 21,953.5 meters, comprising 15 reverse circulation holes and 118 HQ sized core holes.
Core Drill Program Recommences
To follow-up recent positive results Northair has recommenced its core drilling program on the project. This will consist of at least 4,500 metres and will focus on testing the down dip projection of San Gregorio mineralization and include infill drilling at Las Carolinas. The additional drilling will provide a better understanding of the geology and related structures within the zones, all of which remain open along strike and down dip. This data will supplement the results from previous drilling and be included in the Company''s upcoming NI 43-101compliant resource estimate scheduled for Q1 2013.
All technical information for the La Cigarra exploration program is obtained and reported under a formal quality assurance and quality control (QA/QC) program. Samples are taken under the direction of qualified geologists and stored in sealed bags. Samples are delivered by the Company via courier to ALS Minerals ("ALS") in Chihuahua and Inspectorate America Corporation ("Inspectorate") in Durango City. In both cases the samples are dried, crushed and pulverized with the pulps being sent airfreight for analysis by ALS to Vancouver B.C. and by Inspectorate to Vancouver B.C. or Reno, Nevada. Systematic assaying of standards and blanks are performed for precision and accuracy. Analysis for silver, zinc, lead and copper and related trace elements was done by ICP four acid digestion, with gold analysis by 30 gram fire assay with an AA finish.
The company's address is Suite 860 - 625 Howe Street, Vancouver, BC V6C 2T6, 604.687.7545l fax: 604.689.5041, email: [email protected], www.internationalnorthair.com.