VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 01/15/13 -- International Northair Mines Ltd. (TSX VENTURE: INM) (the "Company" or "Northair") is pleased to announce assay results from ten recent core holes positioned in the Las Carolinas Zone of its La Cigarra silver project ("Property"), located in north central Mexico.
"We are very pleased with the results of our recent drilling, which was designed to infill and expand the La Carolinas system to the south. The program results support the continuation of a strong mineral system on trend with the Las Venadas Zone; lying 500 metres to the south," said Fred Hewett, President and CEO of Northair. "These results also confirm the discovery of a previously unknown hanging-wall structure that parallels the Las Carolinas main system. Drilling has shown this new discovery has a minimum strike length of 400 meters and is also open to the south and down dip."
Drill Highlights from the Las Carolinas Zone Infill Program:-- Drill results from holes CC-12-120 (section 6+00S) and CC-12-121 (section 3+50S) confirm that earlier holes CC-12-065 (5+00S) and CC-12- 067 (section 6+00S) intersected a newly discovered parallel hanging-wall structure located 50 metres to the east of the main La Cigarra system (the "Main System"). Drilling has traced this new structure for at least 400 metres (from section 2+00S to 6+00S), and it remains open. Hole CC- 12-120 reported 10 metres of 32.0 g/t silver and 20.4 metres of 37.5 g/t silver, extending both the Main System and the new hanging wall structure for 85 metres down dip from hole CC-12-067;-- Hole CC-12-119 returned multiple intercepts including 4 metres of 90.8 g/t silver and 4.9% lead starting from the bedrock contact; implying that the hole was collared in the zone. The upper 7 meters of the hole was logged as overburden, and retuned 52.2 g/t silver. Other intercepts from CC-12-119 include 4.40 metres of 45.6 g/t silver, 9 metres of 39.7 g/t silver and 2 metres of 41.6 g/t silver. This hole was drilled to test the up-dip continuity of both the Main System and the new hanging- wall structure 80 metres from where it was intersected in CC-12-067;-- Hole CC-12-124 intercepted 14.80 metres of 147.7 g/t silver. This hole tested the down dip projection of hole CC-11-15, which returned 5.10 metres of 98.7 g/t silver, 4.0 metres of 38.0 g/t silver and 2.85 metres of 50.3 g/t silver;-- Hole CC-12-125 intercepted 59.20 metres of 54.4 g/t, including 15.90 metres of 164.0 g/t silver. This hole tested the down dip projection of hole CC-12-060 which reported 69.65 metres of 22.5 g/t silver;-- Hole CC-12-127 intercepted 13.10 metres of 162.5 g/t silver. This hole tested the up-dip projection of CC-12-055, and confirmed good silver grades within the connecting area between Las Carolinas and San Gregorio.
To view the site plan of the Las Carolinas Zone please click on the following link: http://www.internationalnorthair.com/i/pdf/2012-01-15_Las_Carolinas_Drill_Plan_PR.pdf