VANCOUVER, Oct. 30 /CNW/ - El Nino Ventures Inc. ("El Nino") (TSX.V: ELN;
OTCBB: ELNOF; Frankfurt: E7Q) is pleased to announce the first drill results
on the western extension of the Camel Back Pb-Zn-Cu deposit discovered in
1996. It is a small VMS deposit occurring in the Tetagouche Group in the
central part of the Bathurst Mining Camp (less than or equal to 200,000 tonnes
at 5-7% Zn+Pb, not 43-101 compliant).
The stratiform part of the deposit contains massive sulphides underlain
by tuffaceous sedimentary rock that locally contains chalcopyrite veins.
Interesting zinc and lead mineralization was encountered at the bottom portion
of the 7.20 metre massive sulphide horizon intersected which returned
2.2 metres at 4.93% Zn and 0.71% Pb including 1.3 metres at 7.48% Zn and
1.02% Pb. Drill Hole ELN-06-095 was drilled at a step out of 75 metres west
from the last historical hole drilled along the Camel Back Deposit Horizon.
This year's $5 million program over the Bathurst Mining Camp will include
23,500 metres of drilling to be completed by March 2007.
<<
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From - m To - m Length - m % Pb % Zn % Cu % Ag
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18.00 19.00 1.00 0.09 0.53 0.04 4.46
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19.00 20.00 1.00 0.20 1.27 0.15 12.69
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20.00 21.00 1.00 0.04 0.13 0.11 7.89
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21.00 22.00 1.00 0.03 0.07 0.09 6.86
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22.00 23.00 1.00 0.08 0.42 0.09 7.20
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23.00 23.90 0.90 0.27 1.24 0.14 13.71
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23.90 24.60 0.70 1.59 8.63 0.18 26.06
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24.60 25.20 0.60 0.36 6.14 0.08 17.49
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Combined Assay Results
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23.00 25.20 2.20 0.71 4.93 0.14 18.67
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Including
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23.90 25.20 1.30 1.02 7.48 0.13 22.10
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>>
Jean Luc Roy, President of El Nino states: "It is very encouraging to
have positive results to report so early in our drill program. Follow-up work
will determine the importance of these results but this positive news confirms
that the new technology used by our exploration team is working very well and
we look forward to communicating a steady flow of news to our shareholders in
the months ahead."
Quality Control
Drill core is logged at the Brunswick No. 12 minesite exploration core
shack and mineralized interval samples are taken from drill core (NQ size)
sawed in half with one half sent to the Brunswick No. 12 laboratory and other
half retained for future reference. A strict QA/QC program is followed which
includes mineralization standards, blanks and field duplicates for each batch
of samples. The Bathurst Mining Camp Exploration Program is being carried out
under the direction of Xstrata Zinc Canada exploration manager Normand Dupras,
P. Geo., a qualified person as defined by National 43-101 guidelines. The
information in this release was prepared under the direction of Doug Clark,
P. Geo., Geologist for El Nino Ventures Inc., a qualified person as defined by
National Instrument 43-101.
About El Nino Ventures Inc.
---------------------------
El Nino is an exploration stage company whose corporate objective is to
revisit former mining regions and apply the latest technologies to advanced
stage exploration targets. El Nino Ventures has entered into an Option / Joint
Venture Agreement with Xstrata Zinc Canada to explore the world class Bathurst
Zinc / Base Metals Mining Camp in New Brunswick, Canada. In addition to the
Bathurst Mining Camp, El Nino Ventures continues to focus on advanced stage
properties throughout Canada, Alaska and Europe.
On Behalf of the Board of Directors
(signed)
Jean Luc Roy, President and COO
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The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release
This news release contains certain "Forward-Looking Statements" within
the meaning of Section 21E of the United States Securities Exchange Act
of 1934, as amended. All statements, other than statements of historical
fact, included herein are forward-looking statements that involve various
risks and uncertainties. There can be no assurance that such statements
will prove to be accurate, and actual results and future events could
differ materially from those anticipated in such statements. Important
factors that could cause actual results to differ materially from the
Company's expectations are disclosed in the Company's documents filed
from time to time with the British Columbia Securities Commission and the
United States Securities & Exchange Commission. This email should not be
construed as an offer to buy or sell securities of this company.
