El Niño Ventures
El Niño Ventures Inc. is a junior exploration company focusing its efforts on copper exploration in the Democratic Republic of Congo (DRC) and base metals exploration in the Bathurst Mining Camp in Bathurst New Brunswick, through an option joint venture agreement with Xstrata Zinc Canada
El Nino Ventures drills 10 m @ 3.5% copper in DRC
El Niño Ventures (TSX.V: ELN / Frankfurt: E7Q) exploration ambitions in the Democratic Republic of the Congo ('DRC') appeared to get off on the right foot after the Company announced the results from the first three drill holes from a 6200 metre reverse circulation ('RC') drilling campaign on Research Permit 5217, completed in late 2007.
El Nino currently holds a 70 % interest in four well Research Permits in southern DRC.
Results from three drill holes ANCU001, ANCU003, and ANCU004, drilled to depths of 150m and inclined at -60o returned notable intersects including 10 metres @ 3.5% copper from just 12 metres below surface, and included 4 metres @ 7.24% copper. A 1 metre intersection in the drill core was still at the labs awaiting final copper grades as it was over 10%.
Jean Luc Roy, President of El Nino commented:
"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."
Other El Niño Ventures articles
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11/11/08 The Congo – A Misunderstood Mining Review
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10/10/08 El Nino Ventures Make Significant Copper and Cobalt Discovery
Other El Niño Ventures news
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16/12/08 El Niño Ventures Completes Acquisition of Phoenix Mining
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13/11/08 El Niño expects Kasala project drilling results in December and says its land position in DRC is safe
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06/05/08 El Nino starts drilling in Ireland
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14/04/08 El Nino begins 25,000 metre drill program in DRC
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03/04/08 El Nino makes board appointment
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21/02/08 El Nino Ventures confirms DRC land position is secure
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11/02/08 El Nino Ventures picks up more acreage in Ireland
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04/02/08 El Nino Ventures options additional project in the DRC
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