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El Nino Ventures Inc. Continues to Intersect High Grade Zinc, Lead and Silver Over Broad Intercepts at the Murray Brook Deposit, in the Bathurst Mining Camp
Significant drill results; including: 5.45% zinc, 1.81% lead, 0.51 gpt gold a...
About this update from Metalquest Mining Inc
[{"type":"text","content":"\n\n\n\n\n\n\n\n\nSignificant drill results; including: \n\n\n5.45% zinc, 1.81% lead, 0.51 gpt gold and 65.7 gpt silver over 103.1\n metres in MB-2011-39 \n\n\n4.65% zinc, 1.71% lead, 0.36 gpt gold and 56.5 gpt silver over 100.5\n metres in MB-2011-48 \n\n\n3.85% zinc, 1.40% lead, 0.63 gpt gold and 56.1 gpt silver over 146.0\n metres in MB-2011-49 \n\n\nNI43-101 resource calculation slated for first quarter of 2012 \n\n\nThe deposit remains open and there is good potential to increase grade\n with additional denser drilling \n\n\n$2.5 million budgeted in 2012 for drilling measured resources at the\n Murray Brook deposit \n\n\n$500,000 for exploration of the Murray Brook Property \n\n\nPreliminary metallurgical studies slated for 2012\n\n\nVANCOUVER, Jan. 16, 2012 /CNW/ - El Niño Ventures Inc. (\"ELN\" and the\n \"Company\") (TSXV: ELN) (OTCX: 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 m. Results of 18 drill holes were announced on November 24, 2011 (please\n see Press Release dated November 24th 2011) and the results of 15 holes are included in this announcement.\n Table 1 below illustrates significant drill results from the\n spring-summer drilling program. All drill holes included in this\n announcement intersected massive sulfides.\n\n\nThe 2011 drill program was successful in defining the deposit in areas\n of low drill-density, confirming higher-grade intercepts in historic\n drilling, and delineating the margins of the massive sulfide body. Data\n from the 2011 drilling program has been provided to to P&E Mining\n Consultants Inc. (Brampton) who will complete a NI 43-101 mineral\n resource update within the first quarter of 2012.\n\n\nDiscussion:\n\n\nThe 2011 drill program was designed to start on the south, near-surface,\n portion of the deposit where thick, massive sulfide intercepts of\n high-grade zinc were recorded in historic drilling. The drill program\n then moved to the north, to systematically test deeper portions of the\n massive sulfide body. Figure 2 below shows the ...