Thursday 8th December 2016

Resource Clips


Posts tagged ‘International Northair Mines Ltd (INM)’

Intl Northair reports Mex Silver Assays up to 105.7 g/t over 56m, 288.8 g/t over 14.5m

July 23rd, 2012

Resource Clips - essential news on junior gold mining and junior silver miningInternational Northair Mines Ltd TSXV:INM announced results from the San Gregorio Zone of La Cigarra Silver Project in north-central Mexico. Results include

55.4 grams per tonne silver, 0.051 g/t gold over 12.3 metres
167 g/t silver, 0.007 g/t gold over 52.25 metres
(including 241.2 g/t silver, 0.085 g/t gold over 34.75 metres)
30.3 g/t silver, 0.058 g/t gold over 10.6 metres
105.7 g/t silver, 0.045 g/t gold over 56 metres
(including 241 g/t silver, 0.063 g/t gold over 20.9 metres)
84.3 g/t silver, 0.011 g/t gold over 6.2 metres
52.1 g/t silver, 0.059 g/t gold over 39.9 metres
288.8 g/t silver, 0.069 g/t gold over 14.5 metres

President/CEO Fred Hewett commented, “We continue to be very pleased with the exploration success at La Cigarra. Holes CC-12-080 and 83 are among the deepest drilled to date on the property with the results confirming that significant silver mineralization exists upwards of 300 metres below surface. This area within the San Gregorio Zone remains open along strike and down-dip to the northeast where it extends beneath a large alteration zone mapped on surface.”

View Company Profile

Fred Hewett
President/CEO
604.687.7545
888.338.2200

or Chris Curran
Corporate Communications Manager
604.687.7545
888.338.2200

or Brent Levenstadt
IR Associate
604.687.7545
888.338.2200

Read an interview with President/CEO Fred Hewett

by Kevin Michael Grace

Int’l Northair CEO Fred Hewett on Mexico silver assays of 84.9 g/t over 23m

May 2nd, 2012

Resource Clips - essential news on junior gold mining and junior silver miningInternational Northair Mines Ltd TSXV:INM announced assay results from its La Cigarra Silver Project in north-central Mexico. Highlights include

26.2 g/t silver over 15.5 metres
84.9 g/t over 23 metres
40.9 g/t over 5.8 metres
47.7 g/t over 18.4 metres
69.4 g/t over 50.2 metres
34.9 g/t over 70.3 metres

President/CEO Fred Hewett tells ResourceClips.com, “It’s a project that we’ve had on the books for two years. We’re the company that, to the best of our knowledge, has done the first modern exploration on it, and we put in the first drill holes. Since that time we’ve announced about 75 holes over a three-kilometre-long favourable horizon. The latest results have absolutely demonstrated that we have a continuous, at least 2,000-metre-long structure, that’s mineralized throughout and has significant upside potential. It also has the potential to have a significant open-pittable silver resource.

Assuming everything is positive, next year will be a very aggressive program which will include the prefeasibility, feasibility and—with any luck—a construction decision by the end of 2013—Fred Hewett

“We want to get a resource estimate out at the start of 3Q of this year. If that is positive, and I’m confident that it will be, then we will start our preliminary economic analysis and hope to have all that done this year. Again, assuming everything is positive, next year will be a very aggressive program which will include the prefeasibility, feasibility and—with any luck—a construction decision by the end of 2013.

“We’re open to the best way to advance the project and get the best return for our shareholders,” Hewett continues. “We’ve put mines into production before, so we have the capability, absolutely. We will advance the project the best way we can, and we’ll see what happens. Whatever is best for our shareholders is what we’ll look at.

“The infrastructure where we are is absolutely excellent. We’ve worked in Mexico for 15 years, and this is the best project we’ve ever had in terms of infrastructure. We don’t even have a camp onsite; we work out of the city of Parral, which is about a 45-minute drive away. It’s a city of about 200,000 people, so facilities are perfect. Of course, if we go to the construction phase we’ll have a camp onsite, but right now we drive back and forth. As with anywhere in Mexico you have to be cognizant of the drug problem, but we’re very sensible and cautious in that regard.”

Hewett notes that the company currently has about $3 million in the treasury. “Certainly adequate to keep us going for the next little while. But we are embarking on a very aggressive program, and obviously we’re going to need to raise funds in the future.”

He concludes, “I’ve been in the business a long time, and this project, so far, is one of the best. We’ve reported 60 of the 75 holes we’ve drilled, and we have not had a miss yet. Now, as we drill the margins of the potential resource, we know we’re going to have misses, but so far we’re [hitting] 100%. Which does not happen. We keep watching for red flags to pop up—which they will—but so far the metallurgy looks good; access looks good; the local people are absolutely supportive; drill results are excellent. We couldn’t ask for a better project so far. We’re very excited going forward.”

View Company Profile

Contact:
Fred Hewett
President/CEO
604.687.7545

or Chris Curran
Manager, Investor Relations
604.687.7545

by Ted Niles

International Northair reports Mexico Silver Assays as high as 69.4 g/t over 50.2m

May 1st, 2012

Resource Clips - essential news on junior gold mining and junior silver miningInternational Northair Mines Ltd TSXV:INM announced assay results from its La Cigarra Silver Project in north-central Mexico. Highlights include

26.2 g/t silver over 15.5 metres
84.9 g/t over 23 metres
40.9 g/t over 5.8 metres
47.7 g/t over 18.4 metres
69.4 g/t over 50.2 metres
34.9 g/t over 70.3 metres

President/CEO Fred Hewett tells ResourceClips.com, “It’s a project that we’ve had on the books for two years. We’re the company that, to the best of our knowledge, has done the first modern exploration on it, and we put in the first drill holes. Since that time we’ve announced about 75 holes over a three-kilometre-long favourable horizon. The latest results have absolutely demonstrated that we have a continuous, at least 2,000-metre-long structure, that’s mineralized throughout and has significant upside potential. It also has the potential to have a significant open-pittable silver resource.

Assuming everything is positive, next year will be a very aggressive program which will include the prefeasibility, feasibility and—with any luck—a construction decision by the end of 2013—Fred Hewett

“We want to get a resource estimate out at the start of 3Q of this year. If that is positive, and I’m confident that it will be, then we will start our preliminary economic analysis and hope to have all that done this year. Again, assuming everything is positive, next year will be a very aggressive program which will include the prefeasibility, feasibility and—with any luck—a construction decision by the end of 2013.

“We’re open to the best way to advance the project and get the best return for our shareholders,” Hewett continues. “We’ve put mines into production before, so we have the capability, absolutely. We will advance the project the best way we can, and we’ll see what happens. Whatever is best for our shareholders is what we’ll look at.

“The infrastructure where we are is absolutely excellent. We’ve worked in Mexico for 15 years, and this is the best project we’ve ever had in terms of infrastructure. We don’t even have a camp onsite; we work out of the city of Parral, which is about a 45-minute drive away. It’s a city of about 200,000 people, so facilities are perfect. Of course, if we go to the construction phase we’ll have a camp onsite, but right now we drive back and forth. As with anywhere in Mexico you have to be cognizant of the drug problem, but we’re very sensible and cautious in that regard.”

Hewett notes that the company currently has about $3 million in the treasury. “Certainly adequate to keep us going for the next little while. But we are embarking on a very aggressive program, and obviously we’re going to need to raise funds in the future.”

He concludes, “I’ve been in the business a long time, and this project, so far, is one of the best. We’ve reported 60 of the 75 holes we’ve drilled, and we have not had a miss yet. Now, as we drill the margins of the potential resource, we know we’re going to have misses, but so far we’re [hitting] 100%. Which does not happen. We keep watching for red flags to pop up—which they will—but so far the metallurgy looks good; access looks good; the local people are absolutely supportive; drill results are excellent. We couldn’t ask for a better project so far. We’re very excited going forward.”

View Company Profile

Contact:
Fred Hewett
President/CEO
604.687.7545

or Chris Curran
Manager, Investor Relations
604.687.7545

by Ted Niles

Int’l Northair reports Mexico Silver Assays as high as 44 g/t over 58.9m

April 13th, 2012

Resource Clips - essential news on junior gold mining and junior silver miningInternational Northair Mines Ltd TSXV:INM announced results from the San Gregorio and Las Carolinas zones of its La Cigarra silver project in north-central Mexico. Assays include

143.7 g/t silver over 4.8 metres
37.7 g/t over 28.2 metres (including 74.3 g/t over 9.1 metres)
72.6 g/t over 14.6 metres (including 91.8 g/t over 9.5 metres)
44 g/t over 58.9 metres (including 94.4 g/t over 17.1 metres)
18.5 g/t over 25.4 metres (including 35 g/t over 5.6 metres)
44.6 g/t over 26.9 metres (including 68.1 g/t over 13.8 metres)

President Fred Hewett stated, “Drilling continues to expand the potentially surface-mineable mineralized system on the property. The San Gregorio and Las Carolinas zones have now been drilled over a total strike length of two kilometres. Both zones remain open along strike and down dip with only 200 metres of untested ground between the mineralized areas, providing the company with an excellent prospect to achieve a significant resource calculation scheduled in 2012.”

View Company Profile

Contact:
Fred Hewett
President
604.687.7545

or Chris Curran
Manager, Investor Relations
604.687.7545

by Ted Niles

International Northair reports Mexico Results of 127.4 g/t Silver over 16.5m

February 28th, 2012

Resource Clips - essential news on junior gold mining and junior silver miningInternational Northair Mines Ltd TSXV:INM announced assays from the San Gregorio Zone of La Cigarra Project in Chihuahua State, Mexico. Highlights include

127.4 g/t silver and 0.07 g/t gold over 16.5 metres
(including 230 g/t silver and 0.1 g/t gold over 7.6 metres)
56 g/t silver and 0.04 g/t gold over 26.9 metres
59.5 g/t silver and 0.06 g/t gold over 24.8 metres
(including 62.6 g/t silver and 0.06 g/t gold over 15.7 metres)
39.3 g/t silver and 0.06 g/t gold over 26.5 metres
(including 65.3 g/t silver and 0.05 g/t gold over 8.3 metres)

President/CEO Fred Hewett commented, “We are very pleased with our drilling as results continue to expand the potentially surface-minable mineralized system on the property. The San Gregorio and Las Carolinas zones have now been drilled over a strike length totaling 1.9 kilometres. Exploration upside of this mineralized system remains excellent as both zones remain open along strike and down dip, providing the company with significant potential to expand the mineralization for the upcoming resource calculation scheduled to be released in 2012.”

View Company Profile

Contact:
Fred Hewett
President/CEO
or Chris Curran
IR Manager
604.687.7545
888.338.2200

by Greg Klein

Int’l Northair reports Mexico Silver Assays up to 87.1 g/t over 53.7m

March 31st, 2011

International Northair Mines Ltd TSXV:INM announced results from its La Cigarra Silver Project in north central Mexico. Assays include 51.3 g/t silver over 109.9 metres (including 177.8 g/t over 9.9 metres), 148.6 g/t over 7.4 metres, 87.1 g/t over 53.7 metres (including 175.5 g/t over 22.7 metres), 23.3 g/t over 26.2 metres, 140.6 g/t over 48.1 metres (including 263 g/t over 22.1 metres) and 79.1 g/t over 32 metres (including 109.2 g/t over 20.4 metres).

President/CEO Fred Hewett commented, “We continue to be very pleased with the results of the drill program at La Cigarra. 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.”

View Company Profile

Contact:
Fred Hewett
President/CEO
604.687.7545

or Chris Curran
Investor Relations
604.687.7545

by Ted Niles

Int’l Northair reports Mexico Silver Assays up to 123.5 g/t over 80.5m

February 24th, 2011

International Northair Mines Ltd TSXV:INM announced assays from its La Cigarra Silver Project in north-central Mexico. Highlights include 30.8 g/t silver over 11 metres, 81.6 g/t over 2 metres, 76.6 g/t over 2.1 metres, 54.6 g/t over 18 metres (including 100.3 g/t over 2.7 metres), 204.8 g/t over 2 metres, 123.5 g/t over 80.5 metres, 126.9 g/t over 8 metres, 559.7 g/t over 4.9 metres and 44.2 g/t over 19.8 metres.

President/CEO Fred Hewett commented, “We are very pleased with these initial core drill results. 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.”

View Company Profile

Contact:
Fred Hewett
President/CEO
604.687.7545

or Chris Curran
Investor Relations
604.687.7545

by Ted Niles