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El Nino Ventures Begins Work on Copper Mountain Project In Democratic Republic of Congo (DRC)
El Nino Ventures Begins Work on Copper Mountain Project In Democratic Republic of Congo (DRC).
About this update from Metalquest Mining Inc
[{"type":"text","content":"\n\n\n\n-------------------------------------------------------------------------\n- ELN joins Anvil Mining and Tiger Resources in hunt for new copper\n deposits.\n- ELN has acquired an initial 70 percent interest, on over 350 Square\n kilometers\n- ELN land position is on same trend as Anvil Mining\n (10.9% Cu/21 meters) and Tiger Resources (7.31% Cu/122 meters)\n- El Nino's President and management have extensive experience in the\n DRC.\n- El Nino is aggressively acquiring base metal projects throughout the\n DRC.\n-------------------------------------------------------------------------\n\nELN: TSX.V\nELNOF: OTCBB\nGermany: E7Q\n\n\nVANCOUVER, June 14 /CNW/ - El Nino Ventures Inc. ("El Nino") (TSX.V: ELN;\nOTCBB: ELNOF; Frankfurt: E7Q) is pleased to update our shareholders that our\nexploration program is underway on Research Permits No. 5214, 5215, 5216 and\n5217 (Copper Mountain Project). These permits were granted by the Cadastre\nMiner of the DRC and cover over 350 square kilometers. Our Copper Mountain\nproject is located just 3 kilometers west of Anvil Mining's (TSX-AVM)\n(www.anvilmining.com) new discovery where they have reported 10.9% Cu over\n21 meters, 8.9% Cu over 36 meters, 8.6% Cu over 31 meters and 8.6% Cu over\n21 meters. Our project is also only 4 kilometers west of Tiger Resources'\n(ASX-TGS) (www.tigerez.com) Kipoi project where they intersected 122 meters of\nover 7.31% Cu.\n\n\nJean Luc Roy, President of El Nino states: Our Copper Mountain Project in\nthe DRC is located in the middle of two new discoveries by Anvil Mining and\nTiger Resources. The geological trend of these two new discoveries runs right\nthrough our Copper Mountain project and we are fast tracking our efforts to\noutline a new copper deposit by flying airborne geophysics and our first\ndrilling campaign is slated for the fall 2007. El Nino Ventures joins these\ncompanies in the DRC for what is considered by most experts in the industry as\nthe new era for copper in the DRC.\n\n\nAbout the DRC\n\n\nThe DRC Copperbelt hosts multiple world class deposits and the\nexploration potential is considered one of the best in the world. In late 2006\nthe DRC had its first free election in 48 years and previous to that it\nestablished a new mining code in 2003. These events have created a renewed\nconfidence for investors in the DRC. Major ...