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Market: TSX
Sector: General Mining
Epic: ELN
News: Latest news
Web Site: El Niño Ventures
Other Articles: 06-08-200905-05-200917-02-2009

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El Niño Ventures

El Niño Ventures

El Nino Ventures Inc. is a junior exploration company focusing its efforts on copper exploration in the Democratic Republic of Congo and base metals exploration in the Bathurst Mining Camp in Bathurst, New Brunswick and Ireland. The Company is engaged in the acquisition, exploration and development of mineral properties.

Monday, January 12, 2009

El Nino Ventures reports spectacular grades at Kasala Copper Project

by Ian Mclelland company news image

Shares in El Nino Ventures were halted in trading moments before the company released an update on drilling at the Kasala Copper Project in the Democratic Republic of Congo ('DRC').  Highlights from drilling included an impressive 7 metres at 7% copper, 10 metres at 6% copper, 11 metres at 3.7% copper and 21 metres at 2.4% copper.


El Nino has a 70% interest in Kasala, with an option to earn up to 90% on terms to be negotiated.

Allan Lines, exploration manager for El Nino Ventures, said: "With the latest assay results we have confirmed that copper mineralization in the Kasala area has a minimum strike length of approximately 800 metres and a width of approximately 250 metres. Intersections in some of the drill holes completed in 2008 indicate thicknesses of as much as 91 metres."

El Nino went on to report that it had thus far indentified three different types of mineralization at Kasala: oxide copper, mixed oxide and sulphide copper and sulphide copper.  Drilling to date suggested the oxide blanket is the lower grade mineralization, but with the thickest sequence.  The oxide-sulphide copper is higher grade (3-6%) and 5-10 metres thick, while the sulphide copper is also high grade (3-7%) and as thick as 20 metres.

Another drill hole, MDB-016, also reported a one metre section grading 1.22% lead and 1.51% zinc, suggesting the potential for polymetallic mineralization at Kasala. The lead and zinc zone was drilled only 100 metres south of the Kasala Main Zone.

El Nino plans to complete a further 7,500 metres of diamond drilling at the Kasala Main Zone in 2009 to test other anomalies.

Jean Luc Roy President & CEO of El Nino said that the company's 2008 drilling campaign had been a successful one: "These results confirm that our 2008 drilling campaign has proven to be very successful. The Kasala project will be the primary focus for the Company's 2009 advanced exploration program. This project, combined with our other highly prospective research permits in the DRC, position El Nino to grow and succeed in its goal of confirming a mineable deposit in the DRC.

The Kasala project has returned for the Company very consistent and significant results which the Company will build upon in 2009. An extension of the Main Zone has been identified by the IP program that was completed in December 2008. The Company has a 70 percent interest in the Project and has an option to earn up to 90 percent on terms to be negotiated. This project is not subject to the Mining Review being carried out by the Government of the Democratic Republic of Congo and title on this property is held by a Congolese Subsidiary controlled by the Company, with a 70 percent interest in the share capital."

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