Additional metallurgical testwork designed to optimize copper recoveries
has been completed on the Murray Brook polymetallic massive sulfide
Metallurgical test work results will be incorporated as an integral part
of a planned Preliminary Economic Assessment slated for completion in
The Preliminary Economic Assessment will include an amended 43-101
compliant resource estimate which incorporates additional diamond
drilling completed subsequent to the resource estimate provided by EL
Nino Ventures in a news release dated February 28, 2012.
VANCOUVER, May 2, 2013 /CNW/ - El Nino Ventures Inc. ("ELN" and the
"Company") (TSX.V: ELN; OTCQX: ELNOF Frankfurt: E7Q) is pleased to
provide an update on the Murray Brook polymetallic massive sulfide
deposit, Bathurst Mining Camp (New Brunswick) during the period
December 2012 to May 2013.
Further to the announcement of January 15, 2013, the results from Phase
1 metallurgical testwork commissioned by our partner and project
operator, Votorantim Metals Canada Inc. (Votorantim), on samples from
the Murray Brook deposit (Figure 1), is illustrated in Table 1. The
purpose of the testwork was to investigate flotation options for
sequential recovery of copper, lead and zinc concentrates from Murray
Table 1.Assay and Recovery Results of Locked Cycle Tests for Murray Brook
blend of 3 holes
Additional metallurgical testwork was planned to be carried out by RPC
Science & Engineering Laboratories in early 2013. El Nino Ventures Inc.
is pleased to announce that the additional testwork has been completed
and the results will be reported in a planned Preliminary Economic
Assessment to be completed in H1 2013. The additional testwork focused
on optimizing copper and lead recoveries, in part through processing of
larger samples in bigger equipment. An expanded metallurgical test
program involving pilot plant design work is planned to follow
completion Preliminary Economic Assessment.
Qualified Persons Statement
This news release has been reviewed and approved for technical content
by Ali Hassanalizadeh M.Sc. P.Geo., a qualified Person under the
provisions of National Instrument 43‐101.
About El Niño Ventures Inc. Bathurst Projects
El Niño Ventures Inc. has two active projects in the Bathurst Mining
1. Murray Brook Project:
The Murray Brook project is a polymetallic, massive sulfide deposit. The
Murray Brook property is located 60 km west of Bathurst. It is
supported by excellent infrastructure, including paved roads, grid
electricity and communities to provide goods, services and skilled
labour (Figure 1). To date, more than 28,000 metres of drilling has been completed with
encouraging results. In February 2012, NI43-101 resource estimation
was announced (see news release). The technical report is filed on SEDAR.com and also available on ELN's website.
A Preliminery Economic Assessment (PEA) is slated for H1-2013.
Figure 1 - Murray Brook and Camel Back Location map in the Bathurst
Mining Camp (http://www.elninoventures.com/s/NewsReleases.asp?ReportID=583085)
2. Bathurst Mining Camp Project :( Tri-Party Agreement)
Consists of an initial 4,712 claims (Figure 2) in the Tri‐Party Agreement with Xstrata & VM Canada whereby VM Canada
may incur exploration expenditures of $10 million over a period of 5
years to earn a 50% interest. VM Canada may further increase its
interest to 70% by spending an additional $10 million over 2 years.
Figure 2 - Land tenure map showing the location of optioned properties
in the Bathurst Mining Camp (http://www.elninoventures.com/s/NewsReleases.asp?ReportID=583085)
Votorantim Metals Canada Inc. Statement
Technical details in this news release were provided by Votorantim whose
professional geologists conduct operations consistent with mineral
industry best practices. Votorantim accepts no responsibility for this
news release or any inferences made from the technical details provided
About Votorantim Metals Canada Inc.
Votorantim Metals Canada Inc. is a subsidiary of Votorantim Metals is a
company that is part of the Votorantim Group that was founded in Brazil
in 1918. The Votorantim Group operates in twenty countries and has over
40,000 employees. Votorantim Metais is the largest electrolytic nickel
producer in Latin America and one of the world's leaders in the
production of zinc, aluminum and nickel. Votorantim Canada Metals
Inc. in conjunction with Xstsrata Zinc and El Nino Ventures is operator
of the Bathurst Option and Joint Venture which is actively exploring
for base metal deposits within the Bathurst Mining Camp.
About El Nino Ventures Inc.
El Niño Ventures Inc. is an international exploration company, focused
on exploring for zinc, silver, copper, gold and lead in New Brunswick,
Canada and copper in the Democratic Republic of Congo ("DRC").
On Behalf of the Board of Directors
Chairman & CEO
El Niño Ventures Inc.
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.
Cautionary Note Regarding Forward Looking Statements. 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 Company's 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
SOURCE: El Nino Ventures Inc.
For further information:
Tel: +1 604 685 1870 Fax: +1 604 685 8045
Email: email@example.com or visit www.elninoventures.com
650-555 West 12th Avenue, City Square, West Tower, Vancouver, B.C., Canada, V5Z 3X7