El Nino Ventures Ltd

Published : February 01st, 2008

intersects 10 meters of 3.50% Cu and 5 meters of 1.90% Cu, in the Democratic Republ

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NEWS RELEASE

www.elninoventures.com


El Ni�o Ventures intersects 10 meters of 3.50% Cu and 5 meters of 1.90% Cu, in the Democratic Republic of Congo (DRC)


  • Near surface high grade Cu in their 2007 drill program.
  • Significant geophysical targets delineated to be drill tested in 2008.
  • Follow up drilling planned to start April 2008.

February 1, 2008, Vancouver, BC -- El Ni�o Ventures Inc. ("El Ni�o") (TSX.V: ELN; OTCBB: ELNOF; Frankfurt: E7Q) is very pleased to announce initial 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.

El Nino currently holds a 70 % interest in four well located Research Permits, accessible by road from the town of Lubumbashi in southern Congo. Each Permit is partially underlain by the highly prospective Roan Formation which hosts most of the important copper deposits in this area.. The accompanying map shows the general location of the licences, as well as the location of the known principal targets delineated on permit 5217 and the focus of the drilling to date. 

The Company has now received analytical results from three drill holes ANCU001, ANCU003, and ANCU004. (Values for ANCU002 are pending) completed during the 2007 drill campaign. Each of the three holes reported were drilled to a depth of 150m and inclined at -60o.

 

These results are the first received from the 2007 drill program which targeted a copper anomaly, artisanal workings and remote sensing anomalies on Permit 5217. The results published in this release specifically relate to drilling on the copper showing and results relating to drilling on the other targets will be reported when received. Significant copper intercepts in the three holes reported are as follows. (see table)

Other results vary between 30 and 895 ppm Cu. Associated Co values are generally low (less than 1000 ppm).


Jean Luc Roy, President of El Nino states, "We are very pleased with these results as they confirm the presence of near surface high grade copper zones on the Permit. Substantial follow up drilling, planned to commence in April after the rainy season, will test numerous high priority targets delineated on the Permit. The particular results reported come from our copper anomaly which is situated in the center of Permit 5217 along the southern edge of a major magnetic anomaly. Only four holes were completed in this area when drilling was stopped by the heavy rains, so we look forward to getting back to drilling off the mineralization in this area in April. Other results are expected over the next weeks and we will report these as they become available. In 2008 our drill program will test other areas within Permit 5217 and will also test geophysical targets identified on Permits 5214 and 5215."


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 Ni�o Ventures Inc.

El Ni�o 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 Ni�o 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 Ni�o 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.

On Behalf of the Board of Directors

"Jean Luc Roy"

Jean Luc Roy, President and CEO 

For further information, please call toll free 1.877.895.6466
Telephone: +1.604.683.4886


 

This email should not be construed as an offer to buy or sell securities of El Ni�o Ventures Inc.

 

This news release is available at  http://www.agoracom.com/ir/elnino

 

El Nino Ventures Ltd

EXPLORATION STAGE
CODE : ELN.V
ISIN : CA28335E3041
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El Nino Ventures is a silver and gold exploration company based in Canada.

El Nino Ventures holds various exploration projects in Canada.

Its main exploration properties are KASALA in Congo Dem. Rep. of and BATHURST and BANCROFT in Canada.

El Nino Ventures is listed in Canada and in Germany. Its market capitalisation is CA$ 3.1 millions as of today (US$ 2.5 millions, € 2.2 millions).

Its stock quote reached its highest recent level on August 15, 1997 at CA$ 9.90, and its lowest recent point on March 24, 2016 at CA$ 0.01.

El Nino Ventures has 61 610 000 shares outstanding.

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Financings of El Nino Ventures Ltd
10/4/2013Niño Ventures Inc. Announces Closing of Private Placement an...
9/11/2013and Private Placement - El Nino Ventures
4/8/2011Closes Non Brokered Private Placement
12/2/2009Closes $1.5 Million Non-Brokered Private Placement; Update o...
8/26/2009First Tranche Closing Non-brokered Private Placement
7/27/2009Ammends Terms of Non-Brokered Private Placement
Nominations of El Nino Ventures Ltd
9/25/2009Appoints Mr. Harry Barr as Chairman and Acting CEO
3/27/2008appoints senior geologist to head its exploration program in...
10/12/2007Announces Appointment of New Directors and Chief Executive O...
Project news of El Nino Ventures Ltd
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9/10/2013(Bathurst)$2 Million Exploration Program Approved for Bathurst Option ...
5/2/2013(Bathurst)Development Update on the Murray Brook Zn-Cu-Pb-Ag Deposit, ...
1/16/2013(Bathurst)Releases Phase 1 Metallurgical Results for the Murray Brook ...
10/23/2012(Bathurst)Exploration Update on the Bathurst Option JV Base Metals Pro...
9/18/2012EXPANDS ITS PROJECT INTEREST WITH BRAZIL'S SECOND LARGEST MI...
9/7/2012Announces completion of its 35% Earn-In, Receives Notice of ...
8/28/2012announces a 122 metre thick mineralized interval of massive ...
7/17/2012(Bathurst)Drills 9.23 % Zinc, 108.7 gpt Silver, 0.18 % Copper, 0.336 g...
4/24/2012(Bathurst)Exploration Update on the Bathurst Mining Camp (BMC) Base Me...
3/27/20122012 Exploration Program on the Murray Brook Polymetallic Ba...
3/4/2012Northern Miner article: El Nino Ventures posts new resource ...
2/23/2011(Bathurst)2011 Exploration Program on the Bathurst Mining Camp, New Br...
3/11/2010(Kasala)Reports Soil Geochemistry Sampling Results on the Kasala Cop...
7/24/2009(Bathurst)Options Bathurst Project to VotorantimMetals Canada Inc.
2/25/2009(Kasala)Identifies Additional Targets On The Company's Kasala Projec...
2/1/2008intersects 10 meters of 3.50% Cu and 5 meters of 1.90% Cu, i...
10/17/2007Acquires Significant Land Position in Ireland
Corporate news of El Nino Ventures Ltd
6/20/2016EL NINO CLOSES PRIVATE PLACEMENT AND ISSUES EARLY WARNING RE...
6/20/2016Early Warning Report
6/16/2016El Nino announces extension of private placement and issues ...
4/22/2016El Nino Announces Private Placement of up to $500,000; Negot...
7/10/2015Democratic Republic of the Congo (DRC) Corporate Update
4/9/2015MMG Limited Terminates Option Agreement with El Nino
10/27/2014El Nino Receives DRC Supreme Court Approval for All Arbitrat...
10/27/2014El Nino Receives DRC Supreme Court Approval for All Arbitrat...
9/23/2014El Nino Seeks Joint Venture Partner for Zinc-Lead Exploratio...
5/20/2014El Nino Options the Kasala Project to MMG Limited
4/2/2014El Nino Ventures Wins Final Award on all Costs of the Intern...
3/20/2014El Nino Ventures Inc. Grants Options
1/6/2014Wins International Commercial Arbitration Against George Kav...
7/23/2013(Bathurst)Positive Preliminary Economic Assessment for Murray Brook Zn...
6/5/2013(Bathurst)Positive Preliminary Economic Assessment for Murray Brook Zn...
11/13/2012Update from the Chairman
10/31/2012(Bathurst)Developing Bathurst's Largest NI 43-101 Polymetallic Deposit
10/2/2012Ni=F1o Ventures Inc. announces a 45.4 metre drill intersecti...
9/26/2012Niño Ventures retains Renmark Financial Communications
8/14/2012announces a 4.3% Zinc, 1.4% Lead and 54 g/t Silver over 81 M...
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6/5/2012(Bathurst)Announces High Grade Zinc, Gold and Silver intersections ove...
5/17/2012(Bathurst)Announces High Grade Zinc, Lead and Silver on Phase II 18,00...
5/11/2012(Bathurst)Ni=F1o Announces Initial 50% Earn-In for Murray Brook Projec...
4/17/2012Ni=F1o Ventures Inc. Announces SEDAR Filing of NI 43-101 Min...
2/28/2012(Bathurst)Announces an Initial NI 43-101 Mineral Resource Estimate for...
1/23/2012(Bathurst)Announces Additional High Grade Zinc, Lead and Silver Over B...
1/16/2012(Bathurst)Continues to Intersect High Grade Zinc, Lead and Silver Over...
11/28/2011(Bathurst)Reports High Grade Zinc, Lead and Silver over Broad intercep...
9/16/2011Joins OTCQX -- "ELNOF"
8/30/2011(Bathurst)Significant drill results continue to be intersected in the ...
7/12/2011Ni=F1o Ventures Announces $1=2C000=2C000=2C 6650 MeterDrill ...
5/24/2011amends press release of April 26, 2011
5/11/2011Up to 27 Metres (88.6 ft) of 9.56% Zinc; 122.1 g/t (3.56 opt...
4/25/2011An Interview of Harry Barr, Chairman and Acting CEO of El Ni...
4/11/2011DEMOCRATIC REPUBLIC OF CONGO (DRC) COURT RULES IN FAVOUR OF ...
3/7/2011Increases Private Placement to $2,000,000
3/4/2011Ni=F1o Ventures Appoints Colin Bird to Advisory Board
1/5/2011Hearing Update Regarding Claims Against George Kavvadias and...
6/24/2010Litigation in the DRC Dismissed; El Nino Files $850,000 Coun...
5/4/2010Votorantim Metals Canada Inc. finalizes Option/Joint Venture...
12/10/2009joins Agoracom and launches Online IR and Marketing Program
2/18/2009Joins the "Agoracom 100" and Launches Online IR and Marketin...
12/16/2008Completes Acquisition in the DRC
9/3/2008 at the Las Vegas Hard Assets Investment Conference
7/21/2008makes new Acquisition in the DRC
6/26/2008DRC Exploration Program Review and Update
5/13/2008DRC Exploration Program Update
5/5/2008Commences Irish Drill Program
4/14/200825,000 meter drill program underway in the Democratic Republ...
2/21/2008Update on Democratic Republic of Congo Projects
2/11/2008to Drill Irish Licences
2/4/2008acquires new Copper Project in the Democratic Republic of Co...
1/21/2008Update on Exploration Program in the Democratic Republic of ...
12/10/2007Update on Exploration program Project in the Democratic Repu...
11/28/2007 Completes 7,000 Meter Drill Program on Copper Project in th...
11/13/2007update on their drill program in the Democratic Republic of ...
11/6/2007New Office
10/25/2007expands drill program to 7,000 meters using a second drill r...
10/9/2007 5,000 meter drilling program in the Democratic Republic of ...
9/20/2007Identifies New Copper Mineralized Zone on Properties in the ...
8/20/2007to start 5,000 Meter Drill Program on their Democratic Repub...
8/2/2007to Commence Airborne Geophysics, Followed by Initial Drill P...
6/25/2007& Xstrata Zinc to Commence 25,000 m Drill Program on Bathurs...
6/22/2007Mining expertise helps El Nino Ventures find success
6/14/2007Begins Work on Copper Mountain Project in Democratic Republi...
6/11/2007Starts Operations in the (DRC) Congo and the Government of N...
4/20/2007Outlook for 2007 -2008 Work Program and Report on the Bathur...
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