VANCOUVER, BRITISH COLUMBIA–(Marketwired – June 17, 2014) –International Northair Mines Ltd. (TSX VENTURE:INM) (the “Company” or “Northair”) is pleased to provide an exploration update on its La Cigarra silver project (the “Property”), located in north central Mexico. The Company has conducted further trenching on its Ram Zone and results continue to be positive and support the potential of this new discovery.
The Ram Zone was discovered by Northair’s geologists as part of the property wide mapping and sampling program and lies 750 metres west of the main La Cigarra mineral resource. Soil sampling here has defined a 1,000 meter long north-south striking area of potential with silver soil anomaly widths varying from 50 to 250 metres. As previously reported (see INM PR#14-04 dated April 28, 2014), Ram Zone sampling results include silver values from 87.8 g/t to 2,850 g/t from historic mine workings. A hand dug trench completed by the Company to further test the area (“Trench #1”), returned a 35.45 metre interval grading 67.3 g/t silver (including 16.20 metres of 99.6 g/t silver and 4.85 metres of 141.4 g/t silver).
To follow up the prior sampling and trenching results at the Ram Zone, crews excavated two additional trenches (“Trench #2” and “Trench #3”) approximately 40 metres- and 140 metres-long, respectively, south of Trench #1. Sample results of the two trenches are as follows:
- Trench #2 – 43.03 metres @ 32.2 g/t silver including two intervals of 13.80 metres @ 23.8 g/t silver and 13.73 metres of 71.3 g/t silver.
- Trench #3 – 13.60 metres @ 13.6 g/t silver including 2.60 metres of 32.8 g/t silver and 29.70 metres grading 14.2 g/t silver including 13.69 metres of 21.4 g/t silver.
As a further test of the Ram Zone, the Company excavated nine (9) 6 metre-long sample pits approximately 150 metres south of Trench #3. These pits were positioned to expose bedrock over a 200 meter-wide zone where previous soil sampling yielded highly anomalous silver values. Sampling of the nine (9) test pits returned silver values varying from 0.7 g/t to 16.7 g/t with the average of all nine pits being 7.84 g/t.
The Company considers these recent results very encouraging as they continue to develop the potential of the Ram Zone and lends strong confirmation of previous sample results. It is becoming apparent that the Ram Zone is a large, continuous mineralized silver system, which remains open along strike to the north and south and down dip to the west. Field crews are surveying road access into this area in anticipation of follow up exploration programs.
“The Ram Zone is an exciting new discovery with the potential to significantly expand the La Cigarra silver resource and add to the economics of the Project,” said Fred Hewett, President & CEO of Northair. “Ram offers considerable exploration upside to complement the potential that already exists within the strong main La Cigarra mineralized system.”
To view a detailed map of the Ram Zone including the results of the trenching and sample pits, please click the following link: http://www.internationalnorthair.com/i/maps/2014-06-17-La_Cigarra_RAM_Zone_Trenching_PR.jpg
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. The samples are dried, crushed and pulverized with the pulps being sent airfreight for analysis by ALS in Vancouver B.C. Systematic assaying of standards is 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 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.