Welcome!

News Feed Item

International Northair Mines Ltd. Commences Drilling at La Cigarra Silver Project, Mexico

VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 06/25/14 -- International Northair Mines Ltd. (TSX VENTURE: INM) (the "Company" or "Northair") is pleased to announce that a core drill program has commenced at the La Cigarra silver project, located in north central Mexico.

The program will total over 5,000 metres of drilling, designed to expand the current mineral resources which contains 50.4 million Measured and Indicated silver ounces grading 76 grams/tonne ("g/t") and 3.5 million silver ounces of Inferred grading 61 g/t (See INM PR#13-05 dated February 26, 2013); as well as test currently undrilled high priority targets along the main La Cigarra mineralized trend.

"We are very excited to begin our drill program that focuses on the expansion of the La Cigarra mineral resource," said Fred Hewett, President and CEO of Northair. "Drilling will begin by targeting down-dip and on strike projections of mineralization at the north end of the San Gregorio Zone and to the south of the Las Carolinas Zone. Drilling will also be conducted along trend to the south where the Las Venadas and Las Chinas targets are underlain by the same stratigraphy that hosts mineralization at the San Gregorio and the Las Carolinas zones. Successful drilling in these target areas could potentially extend the La Cigarra mineral trend an additional two (2) kilometers."

Results from the drill program will be announced as soon as the assays are received and interpreted by the Company.

La Cigarra Silver Deposit - Drilling and Expansion Potential

The La Cigarra silver project is located in the state of Chihuahua, 26 kilometres from the historic silver mining city of Parral. The project boasts nearby power, has good road access, gentle topography and established infrastructure. La Cigarra was identified and acquired in 2008 as part of the Company's generative exploration program. To-date reconnaissance, sampling and drilling confirm numerous silver occurrences traced over a 6.5 kilometre-long, north-northwest trend of mineralization.

Since the first drill program was completed by the Company in 2010 drill results have been very successful, with all but 2 of the 154 drill holes (totaling over 25,000 metres) hitting potentially economic mineralization. Of these 154 drill holes, 143 were used to calculate the initial mineral resource estimate within a potentially surface mineable area that includes the San Gregorio and Las Carolinas mineralized zones. This potentially surface mineable mineral resource is defined over 2.1 kilometres of the recognized 6.5 kilometre mineralized trend and has a down-dip extent of greater than 250 metres.

Northair's next priority at La Cigarra is to test projected mineralization adjacent to and below the current mineral resource. These targets are bracketed by earlier wider spaced drill holes that encountered strong mineralization along strike and down dip, but were excluded from the resource estimate because of low drill density that did not meet the criteria to be included into the pit shell boundary. Results of further drilling within and adjacent to the optimized pit could add silver ounces to the current mineral resource estimate and lower the estimated 3.28:1 strip ratio.

The Company also believes that considerable exploration potential exists along the 6.5 kilometre long La Cigarra mineralized system. This potential is supported by soil sampling and initial drilling at the La Borracha Zone to the north. Nine holes drilled here intercepted important silver mineralization that remains open, and is not included in the La Cigarra mineral resource. To the south sampling on surface has returned up to 233 g/t silver over 2.5 metres at the Las Venadas and La Chinas zones. On the 36,000 hectare property there are also numerous target areas such as the La Navidad and Ram zones defined on surface by a collection of historic mine workings. Soil sampling, trenching and mineralized grab samples also add good value to these target zones. Future drilling in these defined target areas could also potentially add to the current mineral resource estimate.

The scientific and technical information in this news release has been approved by Fred Hewett, the Company's President and CEO, and a Qualified Person under National Instrument 43-101.

About International Northair Mines Ltd.

International Northair Mines Ltd. is a mineral exploration company engaged in the acquisition and development of gold and silver properties in Mexico. Northair is focused on advancing its La Cigarra silver project located in the state of Chihuahua, which currently hosts a NI 43-101 Resource estimate of 50.4 million ounces of silver in the Measured & Indicated categories grading 76 g/t silver and 3.5 million ounces of silver in the Inferred category grading 61 g/t silver constrained by a Whittle pit shell at an economic cutoff grade of 30 g/t silver (assuming metallurgical recoveries of 84% silver). The La Cigarra silver deposit also contains appreciable amounts of lead, zinc and gold as referenced in the San Gregorio/Las Carolinas Resources Technical Report La Cigarra Project, Chihuahua Mexico dated effective February 26, 2013.

ON BEHALF OF THE BOARD,

INTERNATIONAL NORTHAIR MINES LTD.

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

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.

This news release may contain forward looking statements which are not historical facts, such as resource estimates, anticipated results and costs, and 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, resources estimates, future anticipated resources 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.

Contacts:
International Northair Mines Ltd.
Fred Hewett
President & CEO
604-687-7545 or 1-888-338-2200

International Northair Mines Ltd.
Chris Curran
Manager, Corporate Communications
604-687-7545 or 1-888-338-2200
info@northair.com
www.internationalnorthair.com

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
Information technology (IT) advances are transforming the way we innovate in business, thereby disrupting the old guard and their predictable status-quo. It’s creating global market turbulence. Industries are converging, and new opportunities and threats are emerging, like never before. So, how are savvy chief information officers (CIOs) leading this transition? Back in 2015, the IBM Institute for Business Value conducted a market study that included the findings from over 1,800 CIO interviews ...
With the proliferation of both SQL and NoSQL databases, organizations can now target specific fit-for-purpose database tools for their different application needs regarding scalability, ease of use, ACID support, etc. Platform as a Service offerings make this even easier now, enabling developers to roll out their own database infrastructure in minutes with minimal management overhead. However, this same amount of flexibility also comes with the challenges of picking the right tool, on the right ...
“We're a global managed hosting provider. Our core customer set is a U.S.-based customer that is looking to go global,” explained Adam Rogers, Managing Director at ANEXIA, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
In today's uber-connected, consumer-centric, cloud-enabled, insights-driven, multi-device, global world, the focus of solutions has shifted from the product that is sold to the person who is buying the product or service. Enterprises have rebranded their business around the consumers of their products. The buyer is the person and the focus is not on the offering. The person is connected through multiple devices, wearables, at home, on the road, and in multiple locations, sometimes simultaneously...
Security, data privacy, reliability and regulatory compliance are critical factors when evaluating whether to move business applications from in-house client hosted environments to a cloud platform. In her session at 18th Cloud Expo, Vandana Viswanathan, Associate Director at Cognizant, In this session, will provide an orientation to the five stages required to implement a cloud hosted solution validation strategy.
"We host and fully manage cloud data services, whether we store, the data, move the data, or run analytics on the data," stated Kamal Shannak, Senior Development Manager, Cloud Data Services, IBM, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
China Unicom exhibit at the 19th International Cloud Expo, which took place at the Santa Clara Convention Center in Santa Clara, CA, in November 2016. China United Network Communications Group Co. Ltd ("China Unicom") was officially established in 2009 on the basis of the merger of former China Netcom and former China Unicom. China Unicom mainly operates a full range of telecommunications services including mobile broadband (GSM, WCDMA, LTE FDD, TD-LTE), fixed-line broadband, ICT, data communica...
All organizations that did not originate this moment have a pre-existing culture as well as legacy technology and processes that can be more or less amenable to DevOps implementation. That organizational culture is influenced by the personalities and management styles of Executive Management, the wider culture in which the organization is situated, and the personalities of key team members at all levels of the organization. This culture and entrenched interests usually throw a wrench in the work...
Zerto exhibited at SYS-CON's 18th International Cloud Expo®, which took place at the Javits Center in New York City, NY, in June 2016. Zerto is committed to keeping enterprise and cloud IT running 24/7 by providing innovative, simple, reliable and scalable business continuity software solutions. Through the Zerto Cloud Continuity Platform™, organizations can seamlessly move and protect virtualized workloads between public, private and hybrid clouds. The company’s flagship product, Zerto Virtual...
As businesses adopt functionalities in cloud computing, it’s imperative that IT operations consistently ensure cloud systems work correctly – all of the time, and to their best capabilities. In his session at @BigDataExpo, Bernd Harzog, CEO and founder of OpsDataStore, will present an industry answer to the common question, “Are you running IT operations as efficiently and as cost effectively as you need to?” He will expound on the industry issues he frequently came up against as an analyst, and...
WebRTC is about the data channel as much as about video and audio conferencing. However, basically all commercial WebRTC applications have been built with a focus on audio and video. The handling of “data” has been limited to text chat and file download – all other data sharing seems to end with screensharing. What is holding back a more intensive use of peer-to-peer data? In her session at @ThingsExpo, Dr Silvia Pfeiffer, WebRTC Applications Team Lead at National ICT Australia, looked at differ...
With major technology companies and startups seriously embracing IoT strategies, now is the perfect time to attend @ThingsExpo 2016 in New York. Learn what is going on, contribute to the discussions, and ensure that your enterprise is as "IoT-Ready" as it can be! Internet of @ThingsExpo, taking place June 6-8, 2017, at the Javits Center in New York City, New York, is co-located with 20th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry p...
IoT offers a value of almost $4 trillion to the manufacturing industry through platforms that can improve margins, optimize operations & drive high performance work teams. By using IoT technologies as a foundation, manufacturing customers are integrating worker safety with manufacturing systems, driving deep collaboration and utilizing analytics to exponentially increased per-unit margins. However, as Benoit Lheureux, the VP for Research at Gartner points out, “IoT project implementers often un...
SYS-CON Events announced today that Technologic Systems Inc., an embedded systems solutions company, will exhibit at SYS-CON's @ThingsExpo, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Technologic Systems is an embedded systems company with headquarters in Fountain Hills, Arizona. They have been in business for 32 years, helping more than 8,000 OEM customers and building over a hundred COTS products that have never been discontinued. Technologic Systems’ pr...
SYS-CON Events announced today that IoT Now has been named “Media Sponsor” of SYS-CON's 20th International Cloud Expo, which will take place on June 6–8, 2017, at the Javits Center in New York City, NY. IoT Now explores the evolving opportunities and challenges facing CSPs, and it passes on some lessons learned from those who have taken the first steps in next-gen IoT services.