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El Nino Joins InvestorIntel
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ELN News August 13 2014

August 13, 2014. Vancouver, BC - El Niņo Ventures Inc. ("ELN") (TSX.V: ELN OTC Pink: ELNOF FRANKFURT: E7Q), announces that it has retained the services of InvestorIntel (InvestorIntel Website) to provide media and industry coverage by widening El Nino's audience and providing client care that includes social media support, account management and private Intel in an inclusive annual membership.

InvestorIntel will provide financial market insight that is second to none through accurate media and industry coverage for El Nino by writing and producing great content. Articles, videos and audio are offered through InvestorIntel's membership package. In exchange for this one year membership, the Company will pay InvestorIntel $15,000 plus HST, by issuing 240,000 shares at a deemed value of $0.07 per share, subject to regulatory acceptance. All securities issued shall be subject to a four month and a day hold period commencing on the date of issuance.

About InvestorIntel

InvestorIntel is a leading global investment intelligence source created for the innovative and entrepreneurial minded that represents over 50 publicly listed companies globally that are listed on InvestorIntel.com. headed by Tracy Weslosky who is the Publisher and Editor-in-Chief.

About El Niņo Ventures Inc.

El Niņo Ventures Inc. is an international exploration company, focused on exploring for lead, zinc, copper, gold and silver in New Brunswick, Canada and copper in the Democratic Republic of Congo ("DRC"). El Nino has entered into Option and Joint Venture Agreements with three major companies, Glencore Canada Corporation Canada Inc. (BOJV), Votorantim Metals Canada Inc. (Murry Brook), MMG Africa Investments Limited (Kasala) (see below).

Kasala copper/cobalt project, (DRC)

ELN entered into an Option Agreement with MMG Africa Investments Limited to acquire 100% of ELN's 70% interest in Infinity Resources Sprl, the joint venture company that owns the Kasala permits.

The total consideration is USD$6,000,000.00; consisting of an initial payment of $250,000 on the Satisfaction Date; Three annual payments of $916,666.00 for a total of USD$3,000,000 and an additional USD$3,000,000.00 to exercise the option to acquire 100% of ELN's 70% interest.

Over the three year period, MMG must incur a total of USD$15,000,000 in exploration expenditures to maintain the option.

One of the newest copper discoveries in the Central African Copperbelt, El Niņo Ventures' Kasala prospect is located approximately 70 kilometers northwest of Lubumbashi, Democratic Republic of Congo's second largest city and the center of the country's massive copper/cobalt mining industry. The Central African Copperbelt contains over 10% of the world's copper and 34% of the world's cobalt. The Kasala project permits are located close to the Kinsevere Mine, which is expected to produce 24,000 tonnes (52 million pounds) of copper annually for the next 20 years.

Kasala Prospect mineralization zone is open to expansion by drilling to the north, south and west, and to depth. As drilled, the Kasala Prospect oxide zone measures ~600m long x 400m wide x 30m thick. It is very important to note that many 2008 drill holes ended in copper oxide mineralization and to note that adjacent blocks are under-explored. (see news release).

BATHURST PROJECTS - MURRAY BROOK AND BOJV PROJECTS

Murray Brook massive sulphide Project (ELN-Votorantim Metals Canada)

The Murray Brook Project is located 60 km west of Bathurst, in the northwest part of the Bathurst Mining Camp (Figure 1). The Murray Brook deposit is a zinc-lead-copper-silver massive sulphide which is the subject of a recently completed Preliminary Economic Assessment. The project is supported by excellent infrastructure including paved roads, grid electricity and communities to provide goods, services and skilled labour. ELN and VMC currently own 100% of the Murray Brook Project with VMC as the operator. VMC controls 65% and ELN controls 35%.

To date, more than 28,000 metres of drilling has been completed on the Murray Brook Project. The first NI43-101 mineral resource estimation and the first metallurgical results were published in press releases dated February 2012 and January 2013, respectively. On June 5, 2013 a positive Preliminary Economic Assessment was announced (see news release). The results of the PEA demonstrate the potential technical and economic viability of establishing a new mine and mill complex on the Murray Brook property. The projected cash flows indicate an after-tax NPV at a 5% discount rate of $96.4 million, an IRR of 11.4%, and a payback period of 5.4 years (see news release). The NI43-101 Technical Report is filed on SEDAR and also available on the ELN website (http://www.elninoventures.com).

Bathurst Mining Camp zinc Project: (ELN-GLENCORE BOJV)

The BOJV Project is a Joint Venture between El Nino Ventures Inc. and Glencore Canada Corporation Canada Inc. The project covers much of the area of the Bathurst Mining Camp in northeastern New Brunswick. Recent exploration expenditures by Votorantim Metals Canada Inc., under a tri-party Joint Venture Agreement now terminated, totaled approximately $6.8 million.


 


Figure 1- Land tenure map showing the location of properties in the Bathurst Option Joint Venture Project
as of April 22, 2014


On Behalf of the Board of Directors


"Harry Barr"

Harry Barr
Chairman & CEO
El Nino Ventures Inc.


Further Information: Tel: +1 604 685 1870 Fax: +1 604 685 8045
Email: info@elninoventures.com or visit www.elninoventures.com
650-555 West 12th Avenue, City Square, West Tower, Vancouver, B.C., Canada, V5Z 3X7


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Note Regarding Forward Looking Statements. Note: This release contains forward-looking statements that involve risks and uncertainties. These statements may differ materially from actual future events or results and are based on current expectations or beliefs. For this purpose, statements of historical fact may be deemed to be forward-looking statements. In addition, forward-looking statements include statements in which the Company uses words such as "continue", "efforts", "expect", "believe", "anticipate", "confident", "intend", "strategy", "plan", "will", "estimate", "project", "goal", "target", "prospects", "optimistic" or similar expressions. These statements by their nature involve risks and uncertainties, and actual results may differ materially depending on a variety of important factors, including, among others, the Company's ability and continuation of efforts to timely and completely make available adequate current public information, additional or different regulatory and legal requirements and restrictions that may be imposed, and other factors as may be discussed in the documents filed by the Company on SEDAR (www.sedar.com), including the most recent reports that identify important risk factors that could cause actual results to differ from those contained in the forward-looking statements. The Company does not undertake any obligation to review or confirm analysts' expectations or estimates or to release publicly any revisions to any forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. Investors should not place undue reliance on forward-looking statements.

 
 

You can view the Next News Releases item: Tue Sep 23, 2014, El Nino Seeks Joint Venture Partner for Zinc-Lead Exploration Properties in Bathurst Mining Camp, New Brunswick

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