Intl Northair Mines Ltd INNHF

My Ag Oz targets (mid-term, very long-term)

[production05]

Hey Pointguard, firstly, a few quick thoughts on Ram Zone. The recent exploration results continue to be encouraging. They have now expanded the Ram Zone from 750m to 1000m through continued soil sampling activities, with the zone still open to the north and south, and at depth (Ram Zone dips down to the west, a bit different from the main La Cigarra body which I believe dips down to the east). In my view, there is at least one high grade area at the Ram Zone (based on the April 28th published info). The April 28th NR showed high grade results in both the trending tests at the surface and the underground tests accessed through the mine adit. Mining adit accesses are typically located at the side/bottom of mountains, thus this Ram high grade area described on the initial (April 28th) NR likely has pretty good depth to it. Other areas along the 1000m Ram Zone length appears to be mineralized as well - at the surface. We will have to wait for the drill rig to identify the veins, to see how strong the mineralization is below surface for areas outside of the high grade zone. As a side note, soil grades at surface (and also grades of loose rocks exposed on surface) is typically substantially lower than grades found in unexposed bedrock below surface. This is due to grade dilution (over time) from items exposed on surface to weather (i.e. rain). With regards to ounces, my thoughts are similar to the estimates I posted back in April. La Cigarra currently has 54 million silver ounces classified as 43-101 compliant. I think we have a good chance to one day get to 100 million silver ounces for the core La Cigarra area (the 6.5 km body + La Navidad (east parallel body) + Ram Zone (west parallel body). If all goes extremely well, we might be able to achieve stretch targets are various points between 100 million and 130 Ag ounces for the main La Cigarra area. With regards to long-term, I believe we have good potential also with areas outside of the main La Cigarra zones. I am especially interested in seeing what is in the ground at the La Bandera Zone. Early indications is that it has similar characteristics to the core La Cigarra body. I`m hoping La Bandera is another La Cigarra. The San Antonio and the San Cristobal areas also have potential. I would like to see these combined La Cigarra, La Bandera, San Antonio and San Cristobal property push us over the 200 million silver ounce area. First thing is first though. We have our hands full with targets in the main La Cigarra area.