International Northair Mines Ltd.: Trenching of Ram Zone Yields 13.73 Metres of 71.3 g/t Silver at La Cigarra Silver Project,...
2014年6月17日 - 9:00PM
Marketwired
International Northair Mines Ltd.: Trenching of Ram Zone Yields
13.73 Metres of 71.3 g/t Silver at La Cigarra Silver Project,
Mexico
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jun 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.
International Northair Mines Ltd.Fred HewettPresident &
CEO604-687-7545 or 1-888-338-2200International Northair Mines
Ltd.Chris CurranManager, Corporate Communications604-687-7545 or
1-888-338-2200info@northair.comwww.northair.com/international/
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