El Niño Ventures starts Operations in the (DRC) Congo and the Government of New Brunswick approves 2.5 million dollar Grant for Bathurst New Brunswick
June 11, 2007, Vancouver, BC. -- El Niņo Ventures Inc. ("El Niņo")
(TSX.V: ELN; OTCBB: ELNOF; Frankfurt: E7Q) and GCP Group are pleased to announce
the formation of a new company called Infinity Resources SPRL. This new
Congolese company is held by El Niņo, with a 70 percent interest and GCP Group
with a 30 percent interest. Our initial land position is between Lubumbashi and
Likasi right in the heart of the (DRC) Copperbelt. Our stated objective is to
identify a Copper deposit on this property and move into production.
Moving Forward in the DRC
Our work program in the Congo will commence in the next couple weeks. We will be
flying airborne geophysics MAG and EM over our property to specify targets for
El Niņo's extensive years of experience in the (DRC) will prove helpful, as
we move into the exploration phase of our work program we anticipate to begin
drilling before the next rainy season.
Bathurst Mining Camp Update
The Government of New Brunswick has approved a 2.5 million dollar grant this
week, for this year's exploration program. This brings our previous announced
exploration program from 4.5 million to 5 million dollars. We will start
drilling a minimum of 25,000 meters starting in the last week of June. El Niņo
and Xstrata Zinc are thankful to the Provincial Government of New Brunswick, for
their support in our efforts on the Bathurst Mining Camp.
About El Niņo Ventures Inc.
El Niņo's growth strategy is to develop our existing projects and continue an
aggressive acquisition program to acquire new projects and place them into
production. Our first new base metal acquisition in the DRC compliments our
aggressive zinc exploration plan for the Bathurst Mining Camp with our partner
Xstrata Zinc. In June 2007, our company begins a fully funded $4.5 million
dollar exploration program which includes a 25,000 meter drill program which
will use a minimum of three drill rigs drilling 24 hours a day for up to nine
months. EL Niņo is also the owner and operator of the Bancroft Uranium
projects. El Niņo is currently in its most aggressive acquisition phase of the
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This news release contains certain "Forward-Looking Statements"
within the meaning of Section 21E of the United States Securities Exchange Act
of 1934, as amended. All statements, other than statements of historical fact,
included herein are forward-looking statements that involve various risks and
uncertainties. There can be no assurance that such statements will prove to be
accurate, and actual results and future events could differ materially from
those anticipated in such statements. Important factors that could cause actual
results to differ materially from the Company's expectations are disclosed in
the Company's documents filed from time to time with the British Columbia
Securities Commission and the United States Securities & Exchange
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