VANCOUVER, March 11 /CNW/ - El Nino Ventures Inc. ("ELN" or the "Company") (TSX.V: ELN; FSE: E7Q) is pleased to announce the results of a 4071 sample soil geochemical sampling program from the Kasala Copper Project in the Democratic Republic of the Congo (the "DRC"). Kasala Block A was the subject of the Company's 2008 drill campaign. 35 Reverse Circulation (R.C.) drill holes totaling 3,336 meters and 15 diamond drill holes totaling 2,584 meters were completed on Kasala Block A leading to the discovery of significant copper mineralization. Although the Company has reduced the number of projects in the DRC, including the Phoenix Project, the Kasala Project continues to be the Company's main project.
The Soil geochemical sampling program was undertaken to test numerous targets south and east of the Kasala Blocks A, B and C and expand upon the area of soil geochemistry coverage on the exploration permit. Sampling had commenced in December 2009 and was completed in late January 2010; chemical analysis of the soil samples was completed by late February 2010. The sampling utilized Quality Alliance and Quality Control protocols established during previous soil geochemical sampling programs on the project.
The sampling program has identified three new copper-in-soil anomalies (Figure 1, below) which warrant additional investigation. The presence of a narrow (150 to 200 meters in width) anomalous zone exceeding 1,200 meters in length has been identified approximately 2 kilometers southeast of Kasala Block A. This copper-in-soil anomaly corresponds to a Total Count radiometric anomaly (identified during the Company's 2007 airborne geophysical program) which is believed to result from potassic alteration of rocks of the Roan Supergroup in contact with rocks of the Kundelungu Supergroup. (See Figure 1)
Figure 1: http://www.elninoventures.com/s/NewsReleases.asp?ReportID=388815
An anomaly in the northeast of the survey area is of a lower order of copper mineralization but, notably, shows a high degree of correlation with the western terminus of a strong Total Count radiometric anomaly which exceeds 3 kilometers in length, and it is felt that this radiometric anomaly may represent an important target for additional work. The recent soil sampling was limited from proceeding further to the east in this area by the presence of a marsh thus other sampling techniques are being considered for use in subsequent programs.
The third new copper-in-soil anomaly is being referred to as the Kasala Western Extension. It is immediately west and south of Kasala Block A. Kasala Western Extension is a high order copper anomaly with a known length of approximately 550 meters. As with the northeastern anomaly, soil sampling in this area could not proceed further to the west due to the presence of a marsh.
ELN is considering additional geochemical sampling programs on these three new copper anomalies. The additional programs may also include infill soil sampling, pitting, trenching, termite mound sampling and/or auger drilling (particularly in marshy areas) to better define the extent and nature of the mineralization, and allow the Company to prioritize future drill programs across these zones.
About El Nino Ventures Inc.
El Nino Ventures is a mineral exploration company, focused on copper/cobalt exploration in the DRC (see releases January 12, 2009 and February 25, 2009). The Company holds a 50% interest in an extensive base metal project located within the Bathurst mining camp in Ontario, Canada. El Nino entered into an option agreement with Votorantim Metals Canada Inc. and Xstrata Zinc Canada whereby Votorantim may earn a 50% interest in El Nino's landholdings by expending $10 million over 5 years and may further increase its interest in El Nino's landholdings to 70% by expending an additional $10 million over a further two years. Please see release dated August 6, 2009.
Allan Lines (P.Geo.) is the Qualified Person responsible for reviewing the technical results in this release.
On Behalf of the Board of Directors,
Harry Barr, Chairman and Acting CEO
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.
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