Northair Intersects 39.3 Metres of 205.3 g/t Silve
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Announces the Creation of an Advisory Board to Advance La Cigarra Project
Jul. 6, 2011 (Marketwire Canada) --
VANCOUVER, BRITISH COLUMBIA -- International Northair Mines Ltd. (TSX VENTURE:INM) (the "Company" or "Northair") is pleased to announce the appointment of Mr. Thomas Burkhart to the Company's Board of Directors.
Mr. Burkhart is currently the Vice President of Exploration for Argonaut Gold Inc, a mid–tier gold producer with mineral properties located in Mexico. He possesses over 30 years of exploration and project management experience in Mexico, South and Central America, Canada, Alaska, Australia and the Western US. Mr. Burkhart graduated with a B.Sc. in Geology in 1979 from the University of Nevada.
"Northair is very pleased to have Tom join its Board," said Fred Hewett, President & CEO of Northair. "His broad geological experience world-wide and particularly his extensive knowledge of Mexico makes him a valuable addition to the Company. We welcome Mr. Burkhart and look forward to his valued input as the newest member of the Board."
Newly Created Advisory Board
Due to the success of the La Cigarra silver project, Northair has created an Advisory Board to assist in advancing the property. Bruce McLeod, who is stepping down as a director of Northair to devote more time to his new role as President and CEO of Mercator Minerals Ltd., has agreed to serve on the Advisory Board along with Mr. Jeff Stibbard, the Founder and President of JDS Energy & Mining Inc.
Mr. Stibbard is a Mining Engineer with expertise in mine design, construction and operations. His firm, JDS Energy & Mining Inc., currently provides a range of engineering services to mining companies world-wide. Mr. Stibbard has served or continues to serve as a Technical Advisor to numerous mining companies including: Capstone Mining Corp. (formerly Sherwood Copper Corp.), Stornoway Diamond Corp., Creston Moly Corp. and Mega Moly Inc. His extensive experience includes: Mining Manager at the BHP Ekati Diamond Mine and General Manager of Mining, Albian Sands Energy Inc., where he was accountable for leading the design, construction and operation of the 450,000 tpd Muskeg River Oilsand Mine and Tailings Dyke. Prior to Albian Sands, he was an original founding member of Western Oil Sands Inc., and a partner in the development of the Shell Muskeg River Mine. Mr. Stibbard graduated with a B.Sc. in Mining Engineering, from the Montana School of Mines in 1987.
Bruce McLeod is a Mining Engineer with 25 years experience in the mining exploration and development business. Mr. McLeod primarily focuses on project development, strategic planning and financing activities. He has recently led the combination of Mercator Minerals Ltd. and Creston Moly Corp. creating a strong intermediate base metals company with a producing copper mine in Arizona and significant copper and molybdenum projects in Mexico. Mr. McLeod has served the Northair Board since 1992 and the Company greatly appreciates his contributions over the years and looks forward to his further valuable input.
"Northair is very fortunate to have both Bruce and Jeff serve on its Advisory Board," said Fred Hewett. "Their combined experience in project development makes them very valuable additions as Northair advances its La Cigarra silver project."
ON BEHALF OF THE BOARD,
INTERNATIONAL NORTHAIR MINES LTD.
Fred G. Hewett, P.Eng., President & CEO
waren eher enttäuschend.
tmx.quotemedia.com/article.php
Der Wert verliert zur Zeit 15 %.
vom 28.3.2012:
Analyst Michael Fowler of Loewen Ondaatje McCutcheon is forecasting that shares in International Northair Mines Ltd. will surge 300 per cent over the next 12 months. He believes the company should be able to outline an inaugural 70-million-ounce silver resource at its La Cigarra property in Mexico when it releases a resource estimate in the second quarter.
Upside: Mr. Fowler initiated coverage with a "speculative buy" rating and $1 target.
Quelle:
https://secure.globeadvisor.com/servlet/...gam/20120328/GIEYES0328ATL
Würde mich ja interessieren, wie er als Außenstehender so eine Resource schätzen kann, aber hört sich zumindest gut an
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International Northair Mines Ltd
Symbol C : INM
Shares Issued 91,343,313
Close 2012-08-29 C$ 0.24
Int'l Northair drills 7.5 m of 179 g/t Ag in Mexico
2012-08-30 08:08 ET - News Release
ANFANG ZITAT:
"Mr. Fred Hewett reports
NORTHAIR INTERSECTS 7.5 METRES OF 179.3 G/T SILVER AT SIERRA ROSARIO PROJECT, MEXICO
International Northair Mines Ltd. is releasing assay results from six core holes completed in the San Rafael zone at its Sierra Rosario silver-gold project, located in Sinaloa state, Mexico.
During the month of June, six diamond drill holes, totalling 1,392.15 metres, were drilled in the northwestern section of a coincident induced-polarization geophysical anomaly and silver/gold geochemical soil anomaly. The holes were designed to test only 30 per cent of the anomalies as well as a small portion of the area which had returned encouraging silver and gold values from trench sampling.
The most significant drill results were obtained in hole SR-003, where a 7.5-metre interval returned 179.3 grams per tonne silver and 0.287 gram per tonne gold, and a 4.9-metre interval assayed 66.7 grams per tonne silver and 0.614 gram per tonne gold. In hole SR-005, located approximately 400 metres to the southeast of hole SR-003, a 3.35-metre interval returned 84.1 grams per tonne silver, 0.102 gram per tonne gold and 1.59 per cent lead.
DRILL RESULTS
From To Length Ag Au Pb Zn Cu
Hole (m) (m) (m) (g/t) (g/t) (%) (%) (%)
SR-12-001 129.30 130.50 1.20 3.8 0.188 0.415 3.49 0.032
SR-12-002 166.50 190.50 24.00 1.0 0.225 0.004 0.020 0.003
231.10 235.70 4.60 10.8 0.030 0.154 0.437 0.007
SR-12-003 36.00 40.90 4.90 66.7 0.614 0.012 0.042 0.153
66.00 73.50 7.50 179.3 0.287 0.082 0.033 0.110
SR-12-004 216.00 220.00 4.00 0.5 0.294 0.001 0.009 0.007
SR-12-005 15.15 18.50 3.35 84.1 0.102 1.590 0.622 0.061
31.00 33.50 2.50 19.5 0.019 0.056 0.084 0.007
136.50 139.50 3.00 32.1 0.130 0.020 0.040 0.264
SR-12-006 No significant intervals
Concurrent with the drill program, a follow-up soil-sampling program was completed which was designed to extend the existing soil sampling grid to the south and to the northeast. This open-ended silver/gold soil anomaly currently measures 1,400 metres in length and 1,300 metres wide. Three lines added to the southeast reported no significant results, but sampling to the northeast saw an expansion in this still-open direction. The company and its joint-venture partner are presently evaluating the results of the recent program in anticipation of completing further follow-up work on the property.
Sampling and quality assurance/quality control
All technical information for the Sierra Rosario exploration program is obtained and reported under a formal quality assurance and quality control program. Samples are taken under the direction of qualified geologists and stored in sealed bags. Samples are delivered by the company by courier to ALS Minerals in Chihuahua. The samples are dried, crushed and pulverized, with the pulps being sent air freight for analysis by ALS to Vancouver, B.C. Systematic assaying of standards and blanks are 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.
We seek Safe Harbor."ZITAT ENDE
Quelle:http://www.stockwatch.com/News/...1992869&symbol=INM®ion=C
Shares Issued 91,343,313
Fully Diluted Shares 108,557,685
*Working Capital $1,887,226 (May 31, 2012)
*Does not include $6.1M raised in July, 2012
Options Outstanding 120,000 @ $0.21 to Jan 4/13
10,000 @ $0.22 to Feb 28/13
80,000 @ $0.15 to Jun 13/13
280,000 @ $0.15 to Feb 9/14
15,000 @ $0.15 to Oct 30/14
150,000 @ $0.15 to Mar 11/15
150,000 @ $0.15 to Apr 21/15
1,150,000 @ $0.71 to May 16/16
750,000 @ $0.495 to Jul 18/16
50,000 @ $0.305 to Sep 20/16
175,000 @ $0.25 to Sep 28/16
280,000 @ $0.24 to Dec 15/16
2,765,000 @ $0.28 to Jun 13/17
5,975,000 from Jan 4/12 to Jun 13/17
Warrants Outstanding 10,892,172 @ $0.40 to Dec 28/13
347,200 @ $0.40 to Dec 28/13
Quelle:http://www.internationalnorthair.com/s/Home.asp