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El Nino Ventures Inc. Announces Additional High Grade Zinc, Lead and Silver Over Broad Intervals at the Murray Brook Deposit, Bathurst Mining Camp
Significant drill results; including: 7.23% zinc, 2.77% lead, 0.61 gpt gold and 10...
About this update from Metalquest Mining Inc
[{"type":"text","content":"\n\n\n\n\n\nSignificant drill results; including:\n\n\n7.23% zinc, 2.77% lead, 0.61 gpt gold and 103.3 gpt silver over 87.7\n metres in MB-2011-57\n\n5.61% zinc, 2.33% lead, 0.71 gpt gold and 77.7 gpt silver over 72.2\n metres in MB-2011-52\n\n4.98% zinc, 1.89% lead, 0.91 gpt gold and 79.9 gpt silver over 71.6\n metres in MB-2011-63\n\nThe Murray Brook deposit remains open to the northwest and there is\n excellent potential to add additional resources with continued drilling.\n\nAn NI43-101 mineral resource estimate is slated for completion in the\n first quarter of 2012\n\n$ 3.0 million budgeted in 2012 for drilling and exploration\n\n\nVANCOUVER, Jan. 23, 2012 /CNW/ - El Niño Ventures Inc. (\"ELN\" and the\n \"Company\") (TSX.V: ELN; OTCQX:ELNOF Frankfurt: E7Q) is pleased to\n announce significant diamond drill results of the 2011 drill program on\n the Murray Brook massive-sulfide deposit located in the Bathurst Mining\n Camp in New Brunswick, Canada. Votorantim Metals Canada Inc (VM Canada)\n is the operator of the program.\n\n\nThe entire 2011 program consisted of 60 vertical drill holes, totalling\n 10,327.5 metres with the ultimate objective of updating the mineral resources at Murray\n Brook. Data from the 2011 drilling program has been delivered to P&E\n Mining Consultants Inc. (Brampton) Engineering for an NI43-101 mineral\n resource update in Q1 2012. Table 1 below illustrates significant\n composite drill intercepts from the 2011 spring-summer drilling\n program.\n\n\nOn the basis of work completed to date, several important observations\n and conclusions can be made:\n\n\nThe program was successful in confirming the strike and dip of the\n massive sulfide mineralization and associated stratigraphy at the\n Murray Brook deposit;\n\nResults of the 2011 drilling program have been successful in confirming\n the nature of the mineralization, with the majority of holes returning\n higher than anticipated metal grades; and\n\nThe deposit remains open to the northwest and there is good potential to\n add additional resources with continued drilling.\n\n\nA $3.0 million budget has been approved for 2012-2013 exploration\n program that includes $2.5 million budgeted for drilling measured\n resources at the Murray Brook deposit and $500,000 exploration program\n on Murray Brook and Camel Back exploration claims define...