Apr 2 2015
Northair Silver Corp. (the "Company" or "Northair") is pleased to announce that it has contracted MPX Geophysics Ltd. ("MPX") to complete an airborne geophysical program (the "Program") on the Company's La Cigarra silver project located in Chihuahua State, Mexico.
"We are excited to begin this geophysical phase of exploration on our project that will assist our team in prioritizing drill targets within and adjacent to our known zones of mineralization," said Andrea Zaradic, President and CEO of Northair. "We expect the results of the Program to considerably improve our geologic understanding of the project as we prepare for our next phase of exploration drilling."
The airborne survey (the "Survey") is scheduled to commence in early April with the flight pattern designed around known mineral orientations and the Company's interpretations of important structural controls at La Cigarra. The Primary Survey area (see map for details) which totals 262 line-kilometers will be flown then evaluated prior to flying the Secondary, or total survey area. The total proposed area will consist of 1,059 line-kilometers covering an area of approximately 95 square kilometers. The high sensitivity aeromagnetic survey should detect major structures and/or underlying intrusions potentially associated with silver mineralization on the project. The Program will include radiometrics to aid in the identification and distribution of alteration and the survey will also provide important geologic detail to help target more deep seated mineralization. The large, long-lived silver mines of Santa Barbara and San Francisco del Oro are on strike 25 kilometers SSE of La Cigarra and Northair believes that high-grade vein systems, similar to Santa Barbara and San Francisco del Oro, may underlie the stockwork-vein hosted silver deposits at La Cigarra.
Northair expects the Survey to take approximately two weeks with processed and interpreted data likely available in early May. The results from the Program will be combined with results of exploration work already completed on the project with the objective of detecting additional drill targets over the La Cigarra project area. The continuing exploration objective of the Company is to increase the current NI 43-101 resource estimate toward our internal goal of +100Moz silver.
Please click on the following link to view a map of the area being surveyed at the La Cigarra Project: http://www.internationalnorthair.com/i/maps/2015-03-31_LC_Geophysical_Survey.pdf.
Qualified Persons
Mr. David Ernst, a professional geologist and VP Exploration of Northair is a Qualified Person as defined by NI 43-101. Mr. Ernst has reviewed the technical information in this news release and approves the disclosure herein.
Source: http://www.northairsilver.com/