El Niño Ventures reports additional drilling results and updates on-going work program in the Democratic Republic of Congo (DRC)
ELN News March 14, 2008
March 14, 2008, Vancouver, BC -- El Niņo Ventures Inc. ("El Niņo")
(TSX.V: ELN; OTCBB: ELNOF; Frankfurt: E7Q) is very pleased to announce further analytical drill results from the recently completed 6200m reverse circulation drill program on its 70% owned Research Permit 5217 in the DRC Congo. Analyses were carried out by ALS
CHEMEX, Johannesburg, S.A. Quality control procedures were strictly adhered to and included taking drill chip samples directly from the drill return by the project geologist , placing them in sealed bags and sending them directly to ALS Chemex in Johannesburg by air freight, who carried out the preparation and analysis.
The Company has received additional assay results from drill hole ANCU-001 which previously reported 3.5% Cu over a ten meter interval from 12m to 22m. Assays for meter 22 to 25 are still pending but results from 25m to 50m are as follows:
25 to 30m
30 to 35m
35 to 40m
40 to 45m
45 to 50m
These latest results expand the apparent thickness of the mineralized zone to in excess of 35 meters. We anticipate that the current
mineralization, which lies at the margin of a 2.8km long geophysical anomaly, will extend along strike as this anomaly is fully drill
The Company has also received drill results from holes AN2-001, AN2-002, AN2-003, AN2-006, AN2-008 and AN2-009. These holes were drilled in an area of artisanal workings where workers were formerly mining high grade cobalt
mineralization. This zone is outside the copper zone and is south of the geophysical anomaly. Drilling completed to date in this area has not been ideal because it was done in the rainy season and wet conditions prevented us from being able to properly assess the cobalt potential of this area because of difficulties in accessing and collaring holes within the workings. Also significant sample
loss was experienced due to the extremely wet drilling conditions. ELN plans to fully test the Cobalt potential of this zone once field conditions permit.
Significant values intersected in the above holes are:
0 to 1m
0.72% Co and 0.50% Cu
35 to 51m
values ranging from 180 ppm to 0.53% Co
and 130ppm to 0.4% Cu
37 to 54m
Values up to 0.14% Co and 0.21% Cu
15 to 36m
Values from 630ppm to 0.29% Cu
10 to 23m
Values from 0.12%ppm to 0.24 Cu
Jean Luc Roy, President of El Nino stated, "I am very pleased with the additional results from hole ANCU-001 as they provide us with an indication of the substantial thicknesses of copper mineralization that may be found in this area. Based upon the interpretation of our recently completed airborne geophysical survey, we believe we may be on the edge of a mineralized system which extends for over 2.8 kms in strike length. We will drill test the extent of this anomaly starting in April. We have also identified four other geophysical anomalies on our other permits which will be tested in the forthcoming drill program.
Although the results from the initial drilling in the artisanal area are lower than expected, we will re- drill test this area in the dry season when we will be able to drill right through this artisanal zone. We were unable to do this in the initial drilling as we had to locate the drill collars further back than we had intended because of ground conditions. This zone was high graded for cobalt by artisanal workers and extends over an area 450 meters long and 60 meters wide.
At present the geochem survey results are being compiled and analysed by CCIC and our technical team and we will have a finalized exploration program for 2008 by the end of the month and anticipate our 25,000 meter drill program to start by mid-April ."
The content of this press release has been reviewed by Mr. Benoit M Violette, geo, consulting geologist and the Qualified Person under NI-43-101.
About El Niņo Ventures Inc.
El Niņo Ventures is a junior exploration company, whose corporate objective is to revisit former mining regions and apply the latest technologies to advanced stage exploration targets. El Niņo has acquired a 70% interest in over 350 square kilometers in the world renowned Copper Belt in the Democratic Republic of Congo. In addition to our copper projects in the Congo, El Niņo is currently in the middle of a 25,000 meter drill program on the Bathurst Mining Camp via an option/ joint venture agreement with Xstrata Zinc and will shortly commence a 4000m drill program for base metals, principally zinc, on its prospecting licences in the Republic of Ireland.
On Behalf of the Board of Directors,
"Jean Luc Roy" Jean Luc Roy, President & CEO
Further information: call toll free
Telephone: +1.604.683.4886 Email:
604.683.4887, or visit www.elninoventures.com
1440 - 1166 Alberni Street, Vancouver, B.C. Canada V6E 3Z3
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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 Commission. This email should not be construed as an offer to buy or sell securities of this company.