Business
El Nino Ventures reports additional drilling results and updates on-going work program in the Democratic Republic of Congo (DRC)
TSX.V: ELN OTCBB: ELNOF Frankfurt: E7Q
About this update from Metalquest Mining Inc
[{"type":"text","content":"\n\n\n\nTSX.V: ELN\n\n\nOTCBB: ELNOF\n\n\nFrankfurt: E7Q\n\n\n-------------------------------------------------------------------------\n- 25 meter expansion of Copper zone in hole ANCU-001.\n- Significant Cobalt values intersected in drilling within artisanal\n workings\n- Follow up drilling planned to start April 2008.\n-------------------------------------------------------------------------\n\n\nVANCOUVER, March 14 /CNW/ - El Nino Ventures Inc. ("El Nino") (TSX.V:\nELN; OTCBB: ELNOF; Frankfurt: E7Q) is very pleased to announce further\nanalytical drill results from the recently completed 6200m reverse circulation\ndrill program on its 70% owned Research Permit 5217 in the DRC Congo. Analyses\nwere carried out by ALS CHEMEX, Johannesburg, S.A. Quality control procedures\nwere strictly adhered to and included taking drill chip samples directly from\nthe drill return by the project geologist, placing them in sealed bags and\nsending them directly to ALS Chemex in Johannesburg by air freight, who\ncarried out the preparation and analysis.\n\n\nThe Company has received additional assay results from drill hole\nANCU-001 which previously reported 3.5% Cu over a ten meter interval from 12m\nto 22m. Assays for meter 22 to 25 are still pending but results from 25m to\n50m are as follows:\n\n\n25 to 30m 0.24% Cu These latest results expand the apparent\n30 to 35m 0.36% Cu thickness of the mineralized zone to in excess\n35 to 40m 0.50% Cu of 35 meters. We anticipate that the current\n40 to 45m 0.43% Cu mineralization, which lies at the margin of a\n45 to 50m 0.35% Cu 2.8km long geophysical anomaly, will extend\n along strike as this anomaly is fully drill\n tested.\n\n\nThe Company has also received drill results from holes AN2-001, AN2-002,\nAN2-003, AN2-006, AN2-008 and AN2-009. These holes were drilled in an area of\nartisanal workings where workers were formerly mining high grade cobalt\nmineralization. This zone is outside the copper zone and is south of the\ngeophysical anomaly. Drilling completed to date in this area has not been\nideal because it was done in the rainy season and wet conditions prevented us\nfrom being able to properly assess the cobalt potential of this area because\nof difficulties in accessing and collaring holes within the workings. Also\nsignificant sample loss was experienced due to the extremely ...