Business
El Nino Ventures Inc. - Update on exploration projects in the Democratic Republic of Congo
VANCOUVER, Nov. 12 /CNW/ - El Nino Ventures Inc. ("El Nino" or the "Company") (TSX.V: ELN; Frankf...
About this update from Metalquest Mining Inc
[{"type":"text","content":"\n\n\n\nVANCOUVER, Nov. 12 /CNW/ - El Nino Ventures Inc. ("El Nino" or the\n"Company") (TSX.V: ELN; Frankfurt: E7Q) is pleased to give an update on its\nDemocratic Republic of Congo ("DRC") exploration projects.\n\n\nJean Luc Roy, President and CEO states, "I have just returned from a very\nproductive trip to the DRC. It is therefore my privilege to report first hand\nto our shareholders and investors on our work program and timeline on the\nfuture news from our Kasala project and what to look forward to in the\nfuture."\n\n\nEl Nino's Sample Preparation Laboratory, Core Storage & Camp Office\nFacilities at Kasala Project can be viewed by visiting:\n\n\nhttp://www.elninoventures.com/i/news_images/misc/press1.jpg\n\n\nhttp://www.elninoventures.com/i/news_images/misc/press2.jpg\n\n\nOur drilling on the Kasala project stopped over a month ago. All reverse\ncirculation ("RC") samples are now at the ALS Chemex laboratory in\nJohannesburg, South Africa. Our discovery hole results were published in the\nOctober 6, 2008 press release as follows: (29 meters at 2.82% Cu and 0.34% Co)\nand we anticipate results from our other RC drilling to be published in the\ncoming weeks as we have requested ALS Chemex perform priority analysis of\nthese samples.\n\n\nAll samples from our diamond drill program on the Kasala project have all\nbeen prepared using our preparation laboratory facility and 80 percent of the\nsamples have now been received by ALS Chemex in South Africa. The final small\nexpedition of samples is now on its way to ALS Chemex, South Africa. The\nresults from our diamond drill program should be available for publication in\nearly December.\n\n\nAt present the only work being finalised in the field is our Induced\nPolarisation ("IP") Geophysics Survey to determine the extension of the Kasala\nproject discovery. Results from this program are anticipated to be available\nat the end of December.\n\n\nReview of Mining Contracts in the DRC\n\n\nThe review of mining contracts in the DRC is following its course and has\ncreated some uncertainties in the marketplace with regards to its possible\noutcome for some mining projects in the DRC. I want to again point out that El\nNino's land position in the DRC is not under review and has never been under\nreview. Our land position ...