INM:TSX Unbedingt anschauen ! ! 20% in CAN


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INM:TSX Unbedingt anschauen ! ! 20% in CAN

 
29.04.11 20:27
WKN: 862104


Northair Intersects 48.05 Metres of 140.6 g/t Silver at La Cigarra Project, Mexico
3/31/2011 8:00:14 AM - Market Wire

VANCOUVER, BRITISH COLUMBIA, Mar 31, 2011 (Marketwire via COMTEX News Network) --

International Northair Mines Ltd. (TSX VENTURE:INM) (the "Company" or "Northair") is pleased to announce assays results from four holes of the Phase II core drill program presently underway at the La Cigarra silver project, located in north central Mexico. Drill results are highlighted by:

-- 53.70 metres of 87.1 g/t silver in Hole CC-11-004 at the San Gregorio Zone; and -- 48.05 metres of 140.6 g/t silver in Hole CC-11-005 at the Las Carolinas Zone.

Drilling continues at San Gregorio with further drilling scheduled at Las Carolinas, as well as at the La Borracha Zone located 1 kilometre to the northwest of San Gregorio.

"We continue to be very pleased with the results of the drill program at La Cigarra," said Fred Hewett, President & CEO of Northair. "The recent drill holes completed at the San Gregorio Zone returned excellent silver values over significant widths and successfully extended the strike length of the zone by 100 metres. At the Las Carolinas Zone, located 1,100 metres southeast of San Gregorio, drilling has encountered similar geology to that in San Gregorio along with significant silver values. Both zones remain open along strike and down dip. The results from these two zones, along with the intervening 1.1 kilometres of untested ground provides excellent immediate upside exploration potential."

Drill Results:



                             San Gregorio Zone
--------------------------------------------------
                  From          To  Drill Intercept      Silver        Gold
Hole            (metres)    (metres)  (metres) Note3         g/t         g/t
--------------------------------------------------
CC-11-003         38.40      148.30           109.90        51.3       0.066
--------------------------------------------------
Includes          38.40       90.25            51.85        81.6       0.097
--------------------------------------------------
Includes          64.10       74.00             9.90       177.8       0.070
--------------------------------------------------
Includes         115.20      148.30            33.10        33.3       0.041
--------------------------------------------------

--------------------------------------------------
CC-11-004         17.60       24.95             7.35       148.6       0.081
--------------------------------------------------
Note 1            17.60       24.95             7.35       136.8       0.081
--------------------------------------------------
                 46.90      100.60            53.70        87.1       0.044
--------------------------------------------------
Includes          57.60       80.25            22.65       175.5       0.063
--------------------------------------------------
                140.50      166.65            26.15        23.3       0.032
--------------------------------------------------

                            Las Carolinas Zone
--------------------------------------------------
                  From          To  Drill Intercept      Silver        Gold
Hole            (metres)    (metres)  (metres) Note3         g/t         g/t
--------------------------------------------------
(i)CC-11-005       1.35        4.00             2.65        79.7       0.054
--------------------------------------------------
                 14.10       62.15            48.05       140.6       0.057
--------------------------------------------------
Note 1            14.10       62.15            48.05        95.4       0.057
--------------------------------------------------
Includes          14.10       36.20            22.10       263.0       0.090
--------------------------------------------------
Note 1            14.10       36.20            22.10       163.4       0.087
--------------------------------------------------
Includes          17.20       31.80            14.60       382.3       0.108
--------------------------------------------------
Note 1            17.20       31.80            14.60       233.5       0.108
--------------------------------------------------
                 91.10       94.85             3.75        27.4       0.044
--------------------------------------------------

--------------------------------------------------
(i)CC-11-006       0.00        5.50             5.50       51.20       0.069
--------------------------------------------------
                 21.35       53.30            31.95       79.10       0.082
--------------------------------------------------
Includes          21.35       41.70            20.35       109.2       0.115
--------------------------------------------------
Includes          23.10       34.35            11.25       173.5       0.169
--------------------------------------------------

Note 1: Intervals with silver values greater than 500 g/t reported as 500
g/t.
Note 2: Reported widths may contain intervals with values less than 10g/t
silver.
Note 3: True widths estimated +/- 80% of drill intercept.
(i) Both holes at Las Carolinas encountered significant silver grades at
their collar (396 g/t and 104 g/t) and drilling further to the east will be
necessary to ensure the full width of the zone has been tested.
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