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International Northair Mines Ltd
Symbol INM
Shares Issued 150,137,069
Close 2014-10-20 C$ 0.10
Market Cap C$ 15,013,707
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Int'l Northair Mines identifies Ag-Au zone at Cigarra

2014-10-21 10:21 ET - News Release

Ms. Andrea Zaradic reports

NORTHAIR IDENTIFIES LA COLORADA SILVER/GOLD ZONE AT LA CIGARRA SILVER PROJECT, MEXICO

International Northair Mines Ltd.'s exploration at its La Cigarra silver project, located in the Parral silver district of Chihuahua state, Mexico, has identified a potentially significant silver and gold occurrence known as La Colorada.

La Colorada is in part defined by a northwest-southeast-trending silver and gold soil anomaly measuring 1,400 metres long and 300 to 400 metres wide. Sampling of this area included a 50 by 50 m soil grid and 143 rock-chip samples of which 16 returned greater than 10 grams per tonne silver. This work returned a high silver value of 231 g/t. Additionally, 38 rock samples returned greater than 0.10 g/t gold, with four samples reporting over one g/t gold. The highest rock-chip sample returned 21.3 g/t gold. The anomalous silver and gold mineralization is found in quartz-calcite veined middle Jurassic sedimentary rocks and Tertiary dacite porphyry intrusives.

"The La Colorada zone represents an exciting discovery with the potential to expand the current La Cigarra silver resource and is part of our strategy to define and test new target areas within our large land package," said Andrea Zaradic, president and chief executive officer of Northair. "La Colorada offers considerable exploration upside to complement the potential that already exists within the main La Cigarra mineralized system."

The La Colorada zone was discovered as part of the company's geological mapping and sampling programs being carried out on its 32,000-hectare La Cigarra land package. This zone may represent a newly defined parallel mineral trend situated approximately 300 m west of the Ram zone target (see news release dated March 25, 2014) and 1,200 m west of the La Cigarra deposit, which currently hosts a measured and indicated mineral resource of 50.5 million ounces of silver grading 76 g/t. To view a detailed map of the La Colorada zone, please visit the company's website.

Northair is currently conducting further studies at La Colorada and on additional areas of potential that have been identified through the company's continuing exploration efforts. The program's objective is to define and prioritize these targets for follow-up exploration and possible drilling.

La Cigarra drill update

In addition to the continuing La Cigarra exploration program, as previously announced on June 25, 2014, Northair is also carrying out a 5,700 m core drilling program to target downdip and on-strike projections of mineralization at the north end of the San Gregorio zone and to the south of the Las Carolinas zone. Drilling is also being conducted along trend to the south where the Las Venadas and Las Chinas targets are underlain by the same favourable stratigraphy that hosts mineralization at San Gregorio and Las Carolinas. To date, the company has completed just over half of the budgeted program and results will be announced when received and interpreted.

Sampling and quality assurance/quality control

All technical information for the La Cigarra 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 via courier to ALS Minerals 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.

Qualified persons

David Ernst, a professional geologist and vice-president of exploration of Northair, is a qualified person as defined by National Instrument 43-101. Mr. Ernst has reviewed the technical information in this news release and approves the disclosure herein.

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