- Numerous intercepts with widths from 50 metres to 91 metres of
- High grade intercepts: 7 metres @ 7.07% Cu (Hole MDB-DD-019)
10 metres @ 6.07% Cu (Hole MDB-DD-011B)
11 metres @ 3.68% Cu (Hole MDB-027)
21 metres @ 2.42% Cu (Hole MDB-026)
- IP program indicates extension of Kasala Main Zone to the south east
VANCOUVER, Jan. 12 /CNW/ - El Nino Ventures Inc. ("ELN" and the
"Company") (TSX.V: ELN; Frankfurt: E7Q) is pleased to announce the drilling
results from its Kasala Project (P.R. 5214) in the Democratic Republic of
Congo ("DRC"). These results confirm the presence of significant
mineralization within the Kasala Main Zone with the potential for expansion
based on our recently completed Induced Polarization ("IP") Survey. The
Company has a 70 percent interest in this project with an option to earn up to
90 percent on terms to be negotiated and the Company holds title to this
property through one of its Congolese subsidiaries.
The Company completed 56 Reverse Circulation ("RC") drill holes (totaling
5883 metres) and 20 Diamond Drill ("DD") drill holes (totaling 3583.6 metres)
across the P.R. 5214 permit. Of these holes, 35 RC holes (totaling 3336
metres) and 15 DD holes (totaling 2458.6 metres) were completed within the
Kasala Main Zone area (Figure 1).
Allan Lines, exploration manager for El Nino Ventures Inc., reports that
"with the latest assay results we have confirmed that copper mineralization in
the Kasala area has a minimum strike length of approximately 800 metres and a
width of approximately 250 metres. Intersections in some of the drill holes
completed in 2008 indicate thicknesses of as much as 91 metres. The Kasala
Main Zone is still open in all directions and at depth.
The copper mineralization at Kasala is hosted in a series of pervasively
fractured (due to the intersection of two, and possibly three, faults)
dolomitic shales and breccias of the Mwashya Group. The Mwashya is the
upper-most unit of the Roan Supergroup which hosts the majority of large
copper and cobalt deposits in the Congolese Copper Belt.
Figure 1. - Kasala Main Zone Area
Three distinct types of copper mineralization have been noted at Kasala:
firstly, oxide copper mineralization (malachite) as fracture coatings and
small agglomerations in the fractured shales and breccias; secondly, mixed
oxide (malachite) and sulphide (chalcocite) copper mineralization in iron-rich
mudstones in which the oxide mineralization is found as veinlets and fracture
coatings and the sulphide mineralization occurs as disseminated grains; and,
thirdly, sulphide (chalcopyrite) mineralization as stockwork veinlets and
disseminated grains in a graphitic shale which was discovered in a faulted
contact with overlying breccias in MDB-DD-019.
The oxide copper mineralization in the fractured shales and breccias is
typically lower-grade but often presents as a very thick sequence, resulting
in drill intercepts of as much as 90 plus metres. The mixed oxide/sulphide
copper mineralization is typically high grade material (3% to 6% Cu) found to
be between 5 and 10 metres in thickness. The sulphide copper mineralization as
found in the graphitic shales can be high grade (between 3% and 7% Cu), with a
thickness in some instances greater than 20 metres.
Another important indication of the potential of the Kasala area comes
from RC Hole MDB-016, which returned an intercept of low grade copper
mineralization over a width of 12 metres (between 57 and 69 metres), with a
one metre intersection (59 to 60 metres) within this zone delivering grades of
1.22% lead and 1.51% zinc, providing the first positive indication of
polymetallic mineralization in the Kasala area. The area of MDB-016, which is
located approximately 100 metres south of the Kasala Main Zone, will be the
target of additional investigations to gauge the extent of lead and zinc
mineralization in this area.
An IP survey has now been completed across the Kasala area and an
additional area to the northwest of the Kasala Main Zone which is being
referred to as Kasala Nord. The IP program over the Kasala Main Zone has
delineated an extension of the zone to the southeast of the area of the 2008
drilling campaign, this has identified a number of additional drill targets
which will be tested during the 2009 drill program. The IP program over the
Kasala Nord area has also generated several targets for additional testing - a
detailed soil sampling program is planned for this area, the results of which,
in conjunction with the IP data will be used to plan a scope drilling program
over the Kasala Nord area.
The 2009 field campaign is planned to include additional detailed soil
sampling on the Kasala Main Zone and Kasala Nord, an extension of the IP grid
on the Kasala Main Zone towards to the south east, and 7,500 metres of DD to
test newly determined targets on the Kasala Main Zone."
Jean Luc Roy President & CEO of ELN states: "These results confirm that
our 2008 drilling campaign has proven to be very successful. The Kasala
project will be the primary focus for the Company's 2009 advanced exploration
program. This project, combined with our other highly prospective research
permits in the DRC, position El Nino to grow and succeed in its goal of
confirming a mineable deposit in the DRC.
The Kasala project has returned for the Company very consistent and
significant results which the Company will build upon in 2009. An extension of
the Main Zone has been identified by the IP program that was completed in
December 2008. The Company has a 70 percent interest in the Project and has an
option to earn up to 90 percent on terms to be negotiated. This project is not
subject to the Mining Review being carried out by the Government of the
Democratic Republic of Congo and title on this property is held by a Congolese
Subsidiary controlled by the Company, with a 70 percent interest in the share
The content of this press release has been reviewed by Mr. Benoit M.
Violette, P. Geo., consulting geologist and the Qualified Person under
All samples from the drilling program were collected following strict
quality controls and were then dispatched to ALS Chemex Laboratories in
Johannesburg, South Africa for assay.
About El Nino Ventures
El Nino Ventures is a junior exploration company, focused on exploring
for Copper/Cobalt in the DRC. El Nino has an option to acquire a 70% interest
in over 350 square kilometers in the world renowned copper belt in the DRC. In
addition to our copper and cobalt projects in the DRC, the Company has zinc
properties in Ireland and holds a 50 percent interest on an extensive land
package in the Bathurst Mining Camp of Xstrata Zinc Canada.
On Behalf of the Board of Directors
Jean Luc Roy, President and CEO
Table 1: Drilling Highlights - Kasala Project
The TSX Venture Exchange has not reviewed and does not accept
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.
For further information:
For further information: Kris Begic, Tel: (604) 683-4886, Toll Free:
1-877-895-6466, Fax: (604) 683-4887, Email: firstname.lastname@example.org