Dec 7 2010
International Northair Mines Ltd. (TSX VENTURE:INM) has announced that a Phase II diamond drill program has commenced at the La Cigarra silver project, located in north central Mexico.
The program will total approximately 1,500 metres in a minimum of 6 drill holes and is designed to target the Las Carolinas and San Gregorio zones. This Phase II drill program will focus on step out and deeper drilling to follow up the highly successful Phase I reverse circulation drill program completed by the Company earlier in the year.
"I am very pleased that we have commenced this second phase of drilling at La Cigarra," said Fred Hewett, President & CEO of Northair. "In conjunction with the current soil survey, we hope that results will lead to a significantly expanded follow up drill program."
La Cigarra Phase I Drill Results
The Phase I drill program was successful in testing three known mineralized targets on the property and intercepted significant widths of altered and mineralized sediments and volcanics. Drill highlights include 32 metres of 132.4 g/t silver in Hole CRC-10-06 and 21.3 metres of 101.6 g/t silver in Hole CRC-10-11 at the San Gregorio Zone, 10.7 metres of 172.5 g/t silver in Hole CRC-10-01 at the Las Carolinas Zone and a near surface intercept of 7.3 metres of 68 g/t silver in Hole CRC-10-13 at the La Boracha Zone. All intercepts returned anomalous and locally significant zinc with lead and copper.
The Company also conducted assaying for gold on certain select holes from the program. Highlights from the San Gregorio Zone include 19.8 metres of 0.305 g/t gold including 1.5 metres of 1.18 g/t gold in Hole CRC-10-11, 15.2 metres of 0.087 g/t of gold in Hole CRC-10-05 and 32 metres of 0.068 g/t gold including 6.1 of 0.142 g/t gold in Hole CRC-10-06. Highlights from the La Carolinas Zone include: 12.2 metres of 0.116 g/t gold including 6.1 metres of 0.132 g/t gold in Hole CRC-10-02.
Project Summary
The La Cigarra Project is located in State of Chihuahua along the eastern fringes of the Sierra Madre Occidental in Mexico. Local topography is gentle with good road access to the major city of Parral, located 26 kilometres to the south east. The La Cigarra Project hosts a silver-rich, epithermal mineral system that is controlled by a northwest striking fault system that has localized silver (lead, zinc, copper and gold) mineralization hosted in sediments and related to rhyolite dikes and flows. Grupo Northair de Mexico, S.A. de C.A., a subsidiary of Northair, can acquire a 100% property ownership by making payments over a 5 year period totaling US$445,000 with no royalties.
This news release has been prepared in accordance with Canadian regulatory requirements set out in National Instrument 43-101 and reviewed by Fred Hewett the Company's President and CEO, and a Qualified Person under NI 43-101.
Source:
International Northair Mines Ltd.