Tuesday, April 27, 2004 12:26:39 PM
INTERNATIONAL NORTHAIR MINES LTD.
April 27, 2004
Suite 860 - 625 Howe Street, Vancouver, B.C. V6C 2T6 CANADA
Telephone: (604) 687-7545 Facsimile: (604) 689-5041 #04-07_______________
NORTHAIR STAKES LA JOYA GOLD PROJECT: DURANGO, MEXICO
International Northair Mines Ltd. (TSXV:INM) has acquired an additional precious metals property located in the state of
Durango, Mexico. The “La Joya” Project is located along the western flanks of the Sierra Madre Occidental province,
approximately 110 kilometers southwest of the city of Durango. La Joya was identified and staked by Company geologists as
a result of Northair’s ongoing generative exploration program. This acquisition has expanded Northair’s current portfolio of
early stage, gold and silver projects in Mexico to four, including the highly prospective El Tesoro Project, where an expanded
exploration program continues.
The wholly owned concession covers 800 hectares, and lies in a geologic setting similar to the Company’s Las Moras and El
Tesoro properties. La Joya has the potential to contain both high grade vein as well as bulk tonnage gold - silver deposits.
Within the property position, geologists have identified a possible rhyolite dome with outlying rhyolite dykes. Two zones of
alteration and mineralization have been identified to date. The A Zone contains a rhyolite dyke, ranging from 5 – 20 meters in
width, which has been traced over a strike length of 130 meters, and is open in both directions. Within the dyke are numerous
low sulfidation quartz veins ranging from 1 – 1.5 meters in width. Eleven grab samples taken from the A Zone have returned
gold values ranging from anomalous to 1.57 g/t.
The B Zone lies about 300 metres west of the A Zone, and has been traced by intermittent outcrops over a strike length of 250
metres, and remains open in both directions. Average widths of the structure range from approximately 3 to over 50 meters. A
total of 15 representative panel reconnaissance and continuous chip samples have been taken from the B Zone, with very
encouraging gold and silver results. Six samples exceeding 1 g/t gold are listed below:
Sample Au g/t Ag g/t
LBR-10 4.58 36.3
LBR-11 1.40 50.4
LBR-12 1.71 52.0
SP-4 4.58 66.3
SP-5 2.12 231.0
SP-6 4.01 60.5
The Company is encouraged by these initial results and has commenced a detailed geological mapping and sampling program.
The exploration program is under the direction of Mr. Jim Robinson, Vice President of the Company, who is a Qualified
Person as defined by NI 43-101.
Northair’s Mexican generative exploration program has been highly successful in acquiring and joint venturing six quality
projects over the past five years, including drilling of some of these projects by major mining companies. The Company has an
annual generative exploration budget exceeding $300,000CDN to maintain its first-mover advantage.
ON BEHALF OF THE BOARD,
INTERNATIONAL NORTHAIR MINES LTD.
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