Click here to close now.


News Feed Item

Northair Intersects 765 g/t Silver over 6.5 Metres at La Cigarra Project, Mexico

High Grade Mineralization Confirmed at North End of San Gregorio Zone

VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 01/30/13 -- International Northair Mines Ltd. (TSX VENTURE:INM) (the "Company" or "Northair") is pleased to announce drill results from nine core holes at the San Gregorio Zone and two core holes at the Las Carolinas Zone completed on its La Cigarra silver project ("Property") located in north central Mexico.

"We continue to be extremely pleased with the drill results from the Property," said Fred Hewett, President and CEO of Northair. "The 765 g/t silver intersection from hole CC-12-135 in the San Gregorio Zone is the highest silver grade (over widths greater than 5 metres), reported to date. These results, combined with previous drilling, indicate that a high grade silver zone is being delineated in the northern half of San Gregorio. This higher grade zone currently has a strike of 300 metres and remains open with significant opportunity to expand with further drilling."

Drilling Discussion

San Gregorio Zone:

Four (4) holes, CC-12-131, 133, 135 and 138 were completed in the northern half of the San Gregorio Zone to test for a northern continuation of mineralization previously encountered in holes CC-11-026 and CC-12-083 on sections 0+00 and 0+50S, respectively.

--  On section 1+00N, hole CC-12-131 intersected 13.9 metres grading 83.7
    g/t silver and extended the silver mineralization down dip from CRC-01-
    010. The zone can now be traced over 320 metres below surface.
--  On section 1+50N, hole CC-12-138 intersected 24.2 metres grading 150.9
    g/t silver and extended the silver mineralization 90 meters down dip
    from CC-12-085. The zone can now be traced at least 320 metres from
--  On section 2+00N, hole CC-12-135 intersected 6.5 metres grading 765.0
    g/t silver, 13.10 metres grading 32.2 g/t silver, 8.00 metres grading
    178.0 g/t silver and extended the silver mineralization 100 metres down
    dip from CC-12-088. The zone on this section can now be traced at least
    300 metres down dip from surface.
--  On section 4+00N, hole CC-12-133 intersected 2.9 metres grading 195.9
    g/t silver and 21.2 metres grading 61.5 g/t silver and extended the
    silver mineralization 90 metres down dip from CC-11-047. The zone can
    now be traced at least 180 metres from surface.

In addition, holes CC-12-136 & CC-12-137 were positioned in the central part of the San Gregorio Zone to test the down dip continuation of the zone on sections 0+00 and 0+50S where mineralization was open to depth. Both holes intersected only narrow mineralized intervals and it now appears that the down dip continuation of the wider mineralized interval is truncated by a west dipping fault.

In the southern proportion of the San Gregorio Zone two holes were drilled on section 4+50S up dip of CC-11-044 to establish the thickness of the zone towards the surface. Hole CC-12-129 showed that mineralization extends 70 metres up dip from CC-11-044. Hole CC-12-130 failed to intersect significant mineralization and is believed to have been collared in the footwall of the zone, indicating controls to mineralization here are steeper than predicted.

To view the site plan of the San Gregorio Zone, please click on the following link:

To view a cross section of hole CC-12-135, please click on the following link:

Las Carolinas Zone:

Two holes were drilled at Las Carolinas to provide infill data.

--  On section 1+00N, hole CC-12-139 was positioned to test the down dip
    projection of a higher grade zone identified on sections 1+00N and
    1+50N. CC-12-139 intercepted 43.9 metres grading 49.6 g/t silver
    including 9.90 metres grading 173.1 g/t silver. This hole extended
    silver mineralization 80 metres down dip from CC-12-104, which reported
    66.8 metres grading 80.2 g/t silver. The silver zone here can now be
    traced at least 240 metres below surface.
--  On section 4+00N, hole CC-12-134 was designed to test the down dip
    extension of CC-12-102. CC-12-134, returned 1.0 metre grading 229.1 g/t
    silver, 1.7 metres grading 20.3 g/t silver and 30.65 metres grading 23.4
    g/t silver. These results indicate that the mineralized system here
    shows no sign of weakening at depth. 

To view the site plan of the La Carolinas Zone, please click on the following link:

Drill Results                                                               
                                        From       To Intercept Silver  Gold
Hole              Dip          Zone (metres) (metres)  (metres)    g/t   g/t
CC-12-129  -50 degrees San Gregorio    39.80    64.50     24.70   39.4 0.046
Includes                               47.30    55.50      8.20   87.6 0.090
CC-12-130  -50 degrees San Gregorio  No significant intervals               
CC-12-131  -56 degrees San Gregorio   168.20   182.10     13.90   83.7 0.026
CC-12-132  -74 degrees San Gregorio    36.40    44.00      7.60   15.5 0.038
CC-12-133  -52 degrees San Gregorio   129.00   132.00      3.00   61.8 0.031
                                      139.80   142.70      2.90  195.9 0.012
                                      177.00   198.20     21.20   61.5 0.034
Note 1                                                    21.20   57.1      
CC-12-134  -70 degrees Las Carolinas  177.60   178.60      1.00  229.1 0.087
                                      183.00   184.70      1.70   20.3 0.042
                                      193.50   224.15     30.65   23.4 0.036
CC-12-135  -71 degrees San Gregorio   139.50   146.00      6.50  765.0 0.087
Note 1                                                     6.50  265.8      
                                      175.70   188.80     13.10   32.2 0.040
                                      197.00   205.00      8.00  178.0 0.027
CC-12-136  -69 degrees San Gregorio   190.00   196.00      6.00   26.4 0.024
                                      204.00   207.40      3.40   23.7 0.020
                                      219.20   221.50      2.30   17.8 0.009
                                      236.00   239.80      3.80   48.3 0.020
                                      247.00   248.25      1.25  185.0 0.023
CC-12-137  -71 degrees San Gregorio   169.60   172.40      2.80  241.0 0.044
Note 1                                                     2.80  146.8      
                                      183.30   186.10      2.80   23.5 0.027
                                      201.40   203.50      2.10   19.3 0.026
                                      224.00   226.30      2.30   29.3 0.024
                                      236.80   238.50      1.70  117.1 0.040
CC-12-138  -69 degrees San Gregorio   170.00   194.20     24.20  150.9 0.037
Note 1                                                    24.20  114.9      
Includes                              170.00   180.50     10.50  317.9 0.050
                                                          10.50  234.9      
                                      250.70   255.00      4.30   31.7 0.051
CC-12-139  -69 degrees Las Carolinas  169.10   213.00     43.90   49.6 0.052
Note 1                                                            30.7      
Includes                              169.10   179.00      9.90  173.1 0.096
Note 1                                                     9.90   90.0      
Note 1: Intervals with silver values greater than 500 g/t reported as 500   
Note 2: Reported widths may contain intervals with values less than 10g/t   
Note 3: Intervals also contain lead and zinc values.                        

To view the comprehensive results of all the drill holes completed to date on the La Cigarra Project, please click the link:

2012 Drilling Notes

Data collected from all drill campaigns within the Las Carolinas and San Gregorio area has defined a mineralized system measuring 2.4 kilometres in length and open. This data will be used to calculate the Property's initial NI 43-101 compliant resource estimate due in Q1 2013.

To date, Northair has released the results of all 139 core holes completed on the Property. Since the first drill program was initiated on the property in 2010, the Company has completed 23,876 meters of drilling in 15 reverse circulation holes and 139 HQ sized core holes.

Additional drilling is anticipated in Q2 2013 to further explore the La Cigarra Resource area, which remains open in all directions; and to test district targets recently generated from the Company's ongoing field programs.

Sampling and QA/QC

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.

About the La Cigarra Silver Project

The La Cigarra Project is located in the 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 southeast. The 32,064 hectare property position controls an emerging mineral district with permissive geology and numerous historical mine workings. Of potential economic significance is the San Gregorio/Las Carolinas area, currently defined by drilling over a strike length measuring 2.4 kilometres. Over the short term the Company's objectives include the completion of its initial resource study and the definition of additional drill targets for testing in the upcoming field season.

This news release has been prepared in accordance with Canadian regulatory requirements set out in National Instrument 43-101 and approved by Fred Hewett the Company's President and CEO, and a Qualified Person under NI 43-101.



Fred G. Hewett, P.Eng., President & CEO

This news release may contain forward looking statements which are not historical facts, such as ore reserve estimates, anticipated production or results, sales, revenues, costs, or discussions of goals and exploration results, and involves a number of risks and uncertainties that could cause actual results to differ materially from those projected. These risks and uncertainties include, but are not limited to, metal price volatility, volatility of metals production, project development, ore reserve estimates, future anticipated reserves and cost engineering estimate risks, geological factors and exploration results. See Northair's filings for a more detailed discussion of factors that may impact expected results.

This news release does not constitute an offer to sell or solicitation of an offer to sell any securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
SYS-CON Events announced today that G2G3 will exhibit at SYS-CON's @DevOpsSummit Silicon Valley, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Based on a collective appreciation for user experience, design, and technology, G2G3 is uniquely qualified and motivated to redefine how organizations and people engage in an increasingly digital world.
Recently announced Azure Data Lake addresses the big data 3V challenges; volume, velocity and variety. It is one more storage feature in addition to blobs and SQL Azure database. Azure Data Lake (should have been Azure Data Ocean IMHO) is really omnipotent. Just look at the key capabilities of Azure Data Lake:
SYS-CON Events announced today that IBM Cloud Data Services has been named “Bronze Sponsor” of SYS-CON's 17th Cloud Expo, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. IBM Cloud Data Services offers a portfolio of integrated, best-of-breed cloud data services for developers focused on mobile computing and analytics use cases.
In his session at @ThingsExpo, Tony Shan, Chief Architect at CTS, will explore the synergy of Big Data and IoT. First he will take a closer look at the Internet of Things and Big Data individually, in terms of what, which, why, where, when, who, how and how much. Then he will explore the relationship between IoT and Big Data. Specifically, he will drill down to how the 4Vs aspects intersect with IoT: Volume, Variety, Velocity and Value. In turn, Tony will analyze how the key components of IoT ...
When it comes to IoT in the enterprise, namely the commercial building and hospitality markets, a benefit not getting the attention it deserves is energy efficiency, and IoT’s direct impact on a cleaner, greener environment when installed in smart buildings. Until now clean technology was offered piecemeal and led with point solutions that require significant systems integration to orchestrate and deploy. There didn't exist a 'top down' approach that can manage and monitor the way a Smart Buildi...
SYS-CON Events announced today that Cloud Raxak has been named “Media & Session Sponsor” of SYS-CON's 17th Cloud Expo, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Raxak Protect automates security compliance across private and public clouds. Using the SaaS tool or managed service, developers can deploy cloud apps quickly, cost-effectively, and without error.
As-a-service models offer huge opportunities, but also complicate security. It may seem that the easiest way to migrate to a new architectural model is to let others, experts in their field, do the work. This has given rise to many as-a-service models throughout the industry and across the entire technology stack, from software to infrastructure. While this has unlocked huge opportunities to accelerate the deployment of new capabilities or increase economic efficiencies within an organization, i...
“All our customers are looking at the cloud ecosystem as an important part of their overall product strategy. Some see it evolve as a multi-cloud / hybrid cloud strategy, while others are embracing all forms of cloud offerings like PaaS, IaaS and SaaS in their solutions,” noted Suhas Joshi, Vice President – Technology, at Harbinger Group, in this exclusive Q&A with Cloud Expo Conference Chair Roger Strukhoff.
Scott Guthrie's keynote presentation "Journey to the intelligent cloud" is a must view video. This is from AzureCon 2015, September 29, 2015 I have reproduced some screen shots in case you are unable to view this long video for one reason or another. One of the highlights is 3 datacenters coming on line in India.
“The Internet of Things transforms the way organizations leverage machine data and gain insights from it,” noted Splunk’s CTO Snehal Antani, as Splunk announced accelerated momentum in Industrial Data and the IoT. The trend is driven by Splunk’s continued investment in its products and partner ecosystem as well as the creativity of customers and the flexibility to deploy Splunk IoT solutions as software, cloud services or in a hybrid environment. Customers are using Splunk® solutions to collect ...
SYS-CON Events announced today that ProfitBricks, the provider of painless cloud infrastructure, will exhibit at SYS-CON's 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. ProfitBricks is the IaaS provider that offers a painless cloud experience for all IT users, with no learning curve. ProfitBricks boasts flexible cloud servers and networking, an integrated Data Center Designer tool for visual control over the...
You have your devices and your data, but what about the rest of your Internet of Things story? Two popular classes of technologies that nicely handle the Big Data analytics for Internet of Things are Apache Hadoop and NoSQL. Hadoop is designed for parallelizing analytical work across many servers and is ideal for the massive data volumes you create with IoT devices. NoSQL databases such as Apache HBase are ideal for storing and retrieving IoT data as “time series data.”
Clearly the way forward is to move to cloud be it bare metal, VMs or containers. One aspect of the current public clouds that is slowing this cloud migration is cloud lock-in. Every cloud vendor is trying to make it very difficult to move out once a customer has chosen their cloud. In his session at 17th Cloud Expo, Naveen Nimmu, CEO of Clouber, Inc., will advocate that making the inter-cloud migration as simple as changing airlines would help the entire industry to quickly adopt the cloud wit...
As the world moves towards more DevOps and microservices, application deployment to the cloud ought to become a lot simpler. The microservices architecture, which is the basis of many new age distributed systems such as OpenStack, NetFlix and so on, is at the heart of Cloud Foundry - a complete developer-oriented Platform as a Service (PaaS) that is IaaS agnostic and supports vCloud, OpenStack and AWS. In his session at 17th Cloud Expo, Raghavan "Rags" Srinivas, an Architect/Developer Evangeli...
Organizations already struggle with the simple collection of data resulting from the proliferation of IoT, lacking the right infrastructure to manage it. They can't only rely on the cloud to collect and utilize this data because many applications still require dedicated infrastructure for security, redundancy, performance, etc. In his session at 17th Cloud Expo, Emil Sayegh, CEO of Codero Hosting, will discuss how in order to resolve the inherent issues, companies need to combine dedicated a...