Int'l Northair commences first phase at El Tesoro
2004-03-08 08:29 ET - News Release
Mr. Fred Hewett reports
DRILL PROGRAM COMMENCES AT EL TESORO PROJECT
International Northair Mines has commenced a first phase initial drill program at the El Tesoro project, Durango state, Mexico. At El Tesoro, Northair controls a contiguous land package of approximately 1,000 hectares, with seven currently known gold-bearing zones occurring along a strike length of over 2.5 kilometres.
An approximate 2,000-metre, initial drill program is currently under way to test five of the seven known gold-bearing zones. A reverse circulation rig will complete approximately 15 holes distributed across the zones. The greatest focus during this phase will be on the A, B and E zones, with additional selective drill testing of the C and D zones. Results from this first program are expected within six weeks. In conjunction with the drill program, the company is continuing with an aggressive property exploration program which includes mapping, sampling and trenching of the lesser explored portions of the property; and completion of road access to the G zone.
Northair has taken more than 750 samples on the project to date, 190 of these taken from trenches. Highlights of hand trenching include three metres of 18.89 grams per tonne gold from the A zone and 10 metres of 9.00 g/t gold from the B zone. A recently completed mechanical trenching program successfully extended previously known zones of mineralization, exposing apparent full widths, and providing additional outcrops for geologic mapping band sampling. Examples of mechanical trenching results include six metres of 27.04 g/t gold and 702.2 g/t silver from the A zone, and three metres of 22.42 g/t gold and 72.0 g/t silver from the E zone. The current drill program is designed to establish the mineralized zones down dip continuity.
The exploration program is under the direction of Jim Robinson, vice-president of the company, who is a qualified person as defined by NI 43-101. Assaying to date has been performed by ALS Chemex Laboratories in Vancouver, B.C., with sample preparation at its facilities in Hermosillo, Mexico. Gold assays are performed on a 50-gram fire assay using an atomic AAS or gravimetric finish. The company maintains a quality control program in the preparation, shipping and checking of all samples from the property.
WARNING: The company relies upon litigation protection for "forward-looking" statements.
