|By Marketwired .||
|June 25, 2014 08:01 AM EDT||
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.
UpGuard has become a member of the Center for Internet Security (CIS), and will continue to help businesses expand visibility into their cyber risk by providing hardening benchmarks to all customers. By incorporating these benchmarks, UpGuard's CSTAR solution builds on its lead in providing the most complete assessment of both internal and external cyber risk. CIS benchmarks are a widely accepted set of hardening guidelines that have been publicly available for years. Numerous solutions exist t...
Jul. 25, 2016 06:15 PM EDT Reads: 394
A critical component of any IoT project is what to do with all the data being generated. This data needs to be captured, processed, structured, and stored in a way to facilitate different kinds of queries. Traditional data warehouse and analytical systems are mature technologies that can be used to handle certain kinds of queries, but they are not always well suited to many problems, particularly when there is a need for real-time insights.
Jul. 25, 2016 06:15 PM EDT Reads: 1,713
We're entering the post-smartphone era, where wearable gadgets from watches and fitness bands to glasses and health aids will power the next technological revolution. With mass adoption of wearable devices comes a new data ecosystem that must be protected. Wearables open new pathways that facilitate the tracking, sharing and storing of consumers’ personal health, location and daily activity data. Consumers have some idea of the data these devices capture, but most don’t realize how revealing and...
Jul. 25, 2016 06:00 PM EDT Reads: 2,070
"Software-defined storage is a big problem in this industry because so many people have different definitions as they see fit to use it," stated Peter McCallum, VP of Datacenter Solutions at FalconStor Software, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Jul. 25, 2016 06:00 PM EDT Reads: 1,407
Unless your company can spend a lot of money on new technology, re-engineering your environment and hiring a comprehensive cybersecurity team, you will most likely move to the cloud or seek external service partnerships. In his session at 18th Cloud Expo, Darren Guccione, CEO of Keeper Security, revealed what you need to know when it comes to encryption in the cloud.
Jul. 25, 2016 06:00 PM EDT Reads: 2,392
Actian Corporation has announced the latest version of the Actian Vector in Hadoop (VectorH) database, generally available at the end of July. VectorH is based on the same query engine that powers Actian Vector, which recently doubled the TPC-H benchmark record for non-clustered systems at the 3000GB scale factor (see tpc.org/3323). The ability to easily ingest information from different data sources and rapidly develop queries to make better business decisions is becoming increasingly importan...
Jul. 25, 2016 05:30 PM EDT Reads: 736
StackIQ has announced the release of Stacki 3.2. Stacki is an easy-to-use Linux server provisioning tool. Stacki 3.2 delivers new capabilities that simplify the automation and integration of site-specific requirements. StackIQ is the commercial entity behind this open source bare metal provisioning tool. Since the release of Stacki in June of 2015, the Stacki core team has been focused on making the Community Edition meet the needs of members of the community, adding features and value, while ...
Jul. 25, 2016 04:38 PM EDT Reads: 156
Using new techniques of information modeling, indexing, and processing, new cloud-based systems can support cloud-based workloads previously not possible for high-throughput insurance, banking, and case-based applications. In his session at 18th Cloud Expo, John Newton, CTO, Founder and Chairman of Alfresco, described how to scale cloud-based content management repositories to store, manage, and retrieve billions of documents and related information with fast and linear scalability. He addres...
Jul. 25, 2016 04:00 PM EDT Reads: 993
You think you know what’s in your data. But do you? Most organizations are now aware of the business intelligence represented by their data. Data science stands to take this to a level you never thought of – literally. The techniques of data science, when used with the capabilities of Big Data technologies, can make connections you had not yet imagined, helping you discover new insights and ask new questions of your data. In his session at @ThingsExpo, Sarbjit Sarkaria, data science team lead ...
Jul. 25, 2016 03:45 PM EDT Reads: 943
Extracting business value from Internet of Things (IoT) data doesn’t happen overnight. There are several requirements that must be satisfied, including IoT device enablement, data analysis, real-time detection of complex events and automated orchestration of actions. Unfortunately, too many companies fall short in achieving their business goals by implementing incomplete solutions or not focusing on tangible use cases. In his general session at @ThingsExpo, Dave McCarthy, Director of Products...
Jul. 25, 2016 03:30 PM EDT Reads: 1,684
Ixia (Nasdaq: XXIA) has announced that NoviFlow Inc.has deployed IxNetwork® to validate the company’s designs and accelerate the delivery of its proven, reliable products. Based in Montréal, NoviFlow Inc. supports network carriers, hyperscale data center operators, and enterprises seeking greater network control and flexibility, network scalability, and the capacity to handle extremely large numbers of flows, while maintaining maximum network performance. To meet these requirements, NoviFlow in...
Jul. 25, 2016 03:15 PM EDT Reads: 417
"delaPlex is a software development company. We do team-based outsourcing development," explained Mark Rivers, COO and Co-founder of delaPlex Software, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Jul. 25, 2016 03:00 PM EDT Reads: 1,969
WebRTC is bringing significant change to the communications landscape that will bridge the worlds of web and telephony, making the Internet the new standard for communications. Cloud9 took the road less traveled and used WebRTC to create a downloadable enterprise-grade communications platform that is changing the communication dynamic in the financial sector. In his session at @ThingsExpo, Leo Papadopoulos, CTO of Cloud9, discussed the importance of WebRTC and how it enables companies to focus...
Jul. 25, 2016 02:45 PM EDT Reads: 859
The competitive landscape of the global cloud computing market in the healthcare industry is crowded due to the presence of a large number of players. The large number of participants has led to the fragmented nature of the market. Some of the major players operating in the global cloud computing market in the healthcare industry are Cisco Systems Inc., Carestream Health Inc., Carecloud Corp., AGFA Healthcare, IBM Corp., Cleardata Networks, Merge Healthcare Inc., Microsoft Corp., Intel Corp., an...
Jul. 25, 2016 02:30 PM EDT Reads: 866
Is your aging software platform suffering from technical debt while the market changes and demands new solutions at a faster clip? It’s a bold move, but you might consider walking away from your core platform and starting fresh. ReadyTalk did exactly that. In his General Session at 19th Cloud Expo, Michael Chambliss, Head of Engineering at ReadyTalk, will discuss why and how ReadyTalk diverted from healthy revenue and over a decade of audio conferencing product development to start an innovati...
Jul. 25, 2016 02:00 PM EDT Reads: 956