El Niño Ventures Inc. - 2011 Corporate & Exploration Update

TSX.V: ELN
FRANKFURT: E7Q

VANCOUVER, April 4 /CNW/ - El Niño Ventures Inc. ("ELN" and the "Company") (TSX.V: ELN; Frankfurt: E7Q)


  • $2M first tranche closed for over-subscribed $1.5M non-brokered private placement announced on March 1st, 2011 (See press release dated April 1, 2011)
  • 10,000 metre drill program to commence at Bathurst Mining Camp, Spring 2011
  • El Niño provides notice to Votorantim to enter into an option on the Murray Brook deposit, Bathurst Mining Camp, New Brunswick
  • Aggressive acquisition program in progress

About El Niño Ventures Inc.

El Niño Ventures Inc. is an exploration company, focused on exploring for Copper/Cobalt in the Democratic Republic of Congo ("DRC").  In addition the Company has entered into an Option agreement with Votorantim and Xstrata Zinc whereby Votorantim, by incurring exploration expenditures of $10 million over a period of 5 years, can earn into 50% of the project.  Votorantim may further elect to increase its interest to 70% by spending another $10 million over an additional two years. The Votorantim option is on an extensive land package in the Bathurst Mining Camp that ELN currently shares 50/50 with Xstrata Zinc Canada.

In February 2011, ELN announced that a $5 million exploration program has begun consisting of airborne and ground geophysics and will include a 10,000 metre drill program which is slated for commencement in the spring of 2011. (See press release dated February 23, 2011). In January 2011, ELN announced that it has provided notice Votorantim Metals Canada Inc. (Votorantim) to enter into an Option Agreement on the Murray Brook Polymetallic Deposit, situated in the Bathurst Mining Camp in New Brunswick, Canada. (See press release dated January 20,2011).

Management is aggressively negotiating to acquire additional projects on an international scale that meet our corporate objectives.

On Behalf of the Board of Directors,

(signed)

Harry Barr, Chairman

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 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 statements.


SOURCE El Nino Ventures Inc.

For further information:

Tel: +1 604 685 1870 Fax: +1 604 685 8045
Email: info@elninoventures.com or visit www.elninoventures.com
2303 West 41st Avenue, Vancouver, B.C., Canada, V6M 2A3

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