Silver Intersects At La Cigarra Project
VANCOUVER, BC - International Northair Mines Ltd. reported assay results from the first two holes of the current Phase II core drill program at the La Cigarra silver project located in north central Mexico. Drill highlights of the program to date include 80.45 meters of 123.5 g/t silver in Hole CC-11-002 at the San Gregorio Zone.
"We are very pleased with these initial core drill results," said Fred Hewett, President and CEO of Northair. "Although very early in the program, the results continue to reinforce our belief that La Cigarra warrants extensive exploration and has the potential to host a significant silver deposit."
The current Phase II core drilling is designed to confirm the results from the Phase I reverse circulation drilling and provide the basis for an expanded drill program on the property. Core drilling will provide the Company with a much better understanding of the geology and related structures within the zones, all of which remain open along strike and down dip. Drill holes were laid out to intersect the zone at close to an optimum angle, but reported mineralized intercepts are considered less than true widths. Drill results for two additional holes completed in the San Gregorio Zone and along strike to the south of CC-11-002 are pending, along with two holes from the Las Carolinas Zone.
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 with three identified zones along a three kilometre trend. Mineralization 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.
The company's address is Suite 860 - 625 Howe Street, Vancouver BC V6C 2T6, 604.687.7545, fax: 604.689.5041 .