- Drill assay results should start coming in by end of January 2008.
- Soil sampling program being carried out.
- Planning is underway to define 2008 exploration and drilling campaign.
VANCOUVER, Jan. 18 /CNW/ - El Nino Ventures Inc. ("El Nino") (TSX.V: ELN;
OTCBB: ELNOF; Frankfurt: E7Q) announces that the results of the 2007 drill
campaign should start coming in by the end of January 2008.
The company has started a soil sampling program to cover the research
permits owned by the company. This soil sampling program will focus on new
areas of interest identified on the research permits and the results will be
incorporated into the 2008 exploration program.
Jean Luc Roy, President of El Nino states, "As of today we have not
received any assay results from our 2007 drill campaign but we have received
confirmation from ALS Chemex of Johannesburg that our results will start
coming in by the end of January 2008. The backlog at the laboratory combined
with the slowdown over the holiday period has delayed our results well beyond
our expectations. We will publish our results as they are received from ALS
Chemex for the benefit of our valued shareholders."
About El Nino Ventures Inc.
El Nino Ventures is a junior exploration company, whose corporate
objective is to revisit former mining regions and apply the latest
technologies to advanced stage exploration targets. El Nino has acquired a 70%
interest in over 350 square kilometers in the world renowned copper belt in
the Democratic Republic of Congo. In addition to our copper project in the
Congo, El Nino is currently in the middle of a 25,000 meter drill program on
the Bathurst Mining Camp via an option/ joint venture agreement with Xstrata
On Behalf of the Board of Directors
Jean Luc Roy, President and CEO
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release.
This news release contains certain "Forward-Looking Statements" within
the meaning of Section 21E of the United States Securities Exchange Act of
1934, as amended. All statements, other than statements of historical fact,
included herein are forward-looking statements that involve various risks and
uncertainties. There can be no assurance that such statements will prove to be
accurate, and actual results and future events could differ materially from
those anticipated in such statements. Important factors that could cause
actual results to differ materially from the Company's expectations are
disclosed in the Company's documents filed from time to time with the British
Columbia Securities Commission and the United States Securities & Exchange
Commission. This email should not be construed as an offer to buy or sell
securities of this company.
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