Northair Trench Sampling of Ram Zone Yields 16.20 Metres of 99.6 g/t Silver at La Cigarra Silver Project, Mexico
28 Abril 2014 - 9:00AM
Marketwired Canada
International Northair Mines Ltd. (TSX VENTURE:INM) (the "Company" or
"Northair") is pleased to announce encouraging results from the ongoing
exploration program at its La Cigarra silver project (the "Property"), located
in north central Mexico.
The program, as outlined in the March 25, 2014 press release (see INM PR#14-03),
continues to produce positive results. Recent mapping, rock and soil sampling on
the Company's Ram Zone target has identified potentially important silver
mineralization approximately 750 metres to the west of the main La Cigarra
resource. The Ram Zone may represent an important parallel zone of silver
mineralization that could significantly add to the economics of the La Cigarra
project.
The Ram Zone is defined by a strong silver in soil anomaly that has been traced
for 900 meters over a north-south trending strike length with a width varying
from 50 to 300 metres. The area hosts previously unknown mine workings developed
along quartz veining and stockwork in west dipping rocks with similarities to
the east dipping main La Cigarra trend. Sampling of quartz veining and stockwork
exposed in an underground adit, contained within and parallel to the north-south
striking Ram Zone, returned an average silver grade of 554.8 g/t along 33.50
metres; with grades varying from 87.8 g/t silver to 2,850 g/t silver. True
width of the structure is estimated at a minimum of 1.2 metres. To better
determine the width of mineralization, an 84 metre long trench ("Trench #1") was
excavated perpendicular to and above the sampled adit and within the Ram Zone
anomaly. Results from Trench #1 identified quartz veining and stockwork that
returned 35.45 metres of 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). The Ram Zone remains open along
strike to the north and south and down dip to the west.
As a follow-up to these encouraging results, Northair crews are excavating three
additional trenches and eight sample pits along the strike to expose bedrock in
areas where previous soil sampling yielded highly anomalous silver values. This
work is designed to determine the extent of the targets strike extension in both
directions from Trench #1. The Company will provide updates of this work program
as results become available.
To view a map of the Ram Zone in relation to its position to the La Cigarra
Mineralized Trend, please click the following link:
http://www.internationalnorthair.com/i/maps/2014-04-28-La_Cigarra&RAM_Soils_Anomaly_PR.jpg
To view a detailed map of the Ram Zone including the results of Trench #1,
please click the following link:
http://www.internationalnorthair.com/i/maps/2014-04-28-RAM_Zone_Soil_Anomaly_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.
FOR FURTHER INFORMATION PLEASE CONTACT:
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
Altius Minerals (TSX:ALS)
Gráfico Histórico do Ativo
De Out 2024 até Nov 2024
Altius Minerals (TSX:ALS)
Gráfico Histórico do Ativo
De Nov 2023 até Nov 2024