🕐30.08.11 - 16:54 Uhr
SIGNIFICANT DRILL RESULTS CONTINUE TO BE INTERSECTED IN THE MURRAY BROOK DEPOSIT
, THE FIFTH LARGEST MASSIVE SULFIDE DEPOSIT IN THE BATHURST MINING CAMP
=======================================================================
Re: News Releases - Tuesday, August 30, 2011
Significant drill results continue to be intersected in the
Murray Brook deposit, the fifth largest massive sulfide deposit
in the Bathurst Mining Camp
=======================================================================
- Significant drill results; including:
- 4.65 % zinc, 1.90% lead, 1 gpt gold and 69.86 gpt silver over 36
meters in MB-2011-10
- 3.87 % zinc, 0.78% lead, 0.66 gpt gold and 35.5 gpt silver over
64.5 meters in MB-2011-14
- 3.84 % zinc, 1.43% lead, 0.36 gpt gold and 59.37 gpt silver over
75.1 meters in MB-2011-09
- Drill results confirm higher silver, gold, zinc and lead content
than historically reported.
- Phase I, 15 drill holes completed for a total of 3,132.5 meters
- $1 Million Phase II drilling program including 6650 meters drilling
initiated
- Massive-sulfide body approaches the surface to the south in the pit
area and plunges to the north
- Out of a total of 1,034 samples obtained from the massive sulfide
body, 12% returned assays of greater than 10% lead and zinc combined
and 24% returned values of greater than 1 g/t gold.
- The deposit remains open and there is good potential to increase
grade with additional drilling.
August 30th, 2011, Vancouver, Canada.
-- El Nio Ventures Inc.
("ELN"
and the "Company") (TSX.V: ELN; Frankfurt: E7Q) is pleased to announce
significant diamond drill results of the 2011, 15 hole drill program on
the Murray Brook Massive-Sulfide Deposit located in the Bathurst Mining
camp, New Brunswick, Canada.
Votorantim Metals Canada Inc (VM Canada)
is operator of the program.
A total of 15 holes have been completed to date on the Murray Brook
project.
Table 1 below illustrates significant drill results from Phase
I, 3132.5 meters, drill program, included massive sulphide
intersections.
Phase I drilling campaign focused on three objectives;
1.
Infill drilling; Drill holes are located between historical,
collar locations; where there are up to 100 meters between reported
intercepts in historical holes, compiled from work reports of earlier
drill programs.
2.
Step-out drilling; to expand the size of the massive-sulfide body.
3.
Due Diligent drilling; Votorantim, as operator, conducted a 595.2
meters diamond drilling program to confirm results reported from
previous drilling programs on the Murray Brook mining lease.
The program incorporated recommendations by P&E Consulting to ensure
the database is compliant with protocols required for a NI 43-101
resource calculation.
A total of 1,034 samples were analysed at TSL
Laboratories Inc.
(TSL) in Saskatoon, Saskatchewan.
Please click on the hyperlink to view the entire news release:
http://www.elninoventures.com/s/NewsReleases.asp?ReportID=475917
On Behalf of the Board of Directors,
"Harry Barr"
Harry Barr, Chairman and Acting CEO
For further information, please contact Investor Relations at Toll Free
1.800.667.1870 or by email at
To unsubscribe to our Email list, please click:
MAILTO:?subject=UNSUBSCRIBE-ELN_News
Neither the TSX Venture Exchange nor its Regulation Services Provider
(as that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.
Note: this release contains forward-looking statements that involve
risks and uncertainties.
These statements may differ materially from
actual future events or results and are based on current expectations
or beliefs.
For this purpose, statements of historical fact may be
deemed to be forward-looking statements.
In addition, forward-looking
statements include statements in which the Company uses words such as
"continue", "efforts", "expect", "believe", "anticipate", "confident",
"intend", "strategy", "plan", "will", "estimate", "project", "goal",
"target", "prospects", "optimistic" or similar expressions.
These
statements by their nature involve risks and uncertainties, and actual
results may differ materially depending on a variety of important
factors, including, among others, the Companys ability and
continuation of efforts to timely and completely make available
adequate current public information, additional or different regulatory
and legal requirements and restrictions that may be imposed, and other
factors as may be discussed in the documents filed by the Company on
SEDAR (www.sedar.com), including the most recent reports that identify
important risk factors that could cause actual results to differ from
those contained in the forward-looking statements.
The Company does not
undertake any obligation to review or confirm analysts expectations or
estimates or to release publicly any revisions to any forward-looking
statements to reflect events or circumstances after the date hereof or
to reflect the occurrence of unanticipated events.
Investors should not
place undue reliance on forward-looking statements.
This email should not be construed as an offer to buy or sell
securities of El Nio Ventures Inc.
=======================================================================
Copyright (c) 2011 EL NINO VENTURES INC.
(ELN) All rights reserved.
For more information visit our website at
http://www.elninoventures.com/ or send mailto:
Message sent on Tue Aug 30, 2011 at 6:00:33 AM Pacific Time
=======================================================================