Thursday 22nd June 2017

Resource Clips

El Niño reports NB Assays up to 55.5 g/t Silver, 1.14 g/t Gold, 2.42% Zinc over 89.1m

Resource Clips - essential news on junior gold mining and junior silver miningEl Niño Ventures Inc TSXV:ELN announced results from the Murray Brook Deposit in the Bathurst Mining Camp in New Brunswick. Results include

46.5 grams per tonne silver, 0.324 g/t gold, 0.53% copper, 0.98% lead and 3.45% zinc over 79.5 metres
49.2 g/t silver, 0.45 g/t gold, 0.16% copper, 1.33% lead and 3.83% zinc over 146 metres
51.9 g/t silver, 0.525 g/t gold, 0.1% copper, 1.63% lead and 4.12% zinc over 15.5 metres
22.4 g/t silver, 0.211 g/t gold, 0.59% copper, 0.24% lead and 1.55% zinc over 52 metres
42.8 g/t silver, 0.906 g/t gold, 0.35% copper, 0.81% lead and 1.63% zinc over 66.6 metres
69.8 g/t silver, 0.521 g/t gold, 0.15% copper, 1.82% lead and 4.62% zinc over 84.6 metres
(including 126 g/t silver, 1.396 g/t gold, 0.29% copper, 4.11% lead and 10.34% zinc over 13 metres)
12 g/t silver, 0.115 g/t gold, 4.11% copper, 0.03% lead and 0.12 % zinc over 19 metres
18.5 g/t silver, 0.122 g/t gold, 3.4% copper, 0.08% lead and 0.51% zinc over 15 metres
55.5 g/t silver, 1.141 g/t gold, 0.43% copper, 1.12% lead and 2.42% zinc over 89.1 metres

Votorantim Metals Canada Inc is the operator of the Murray Brook Project. Under Votorantim’s option and joint-venture agreement with Murray Brook Minerals and Murray Brook Resources, both privately held companies, Votorantim would earn a 50% interest in the properties by funding $2,250,000 in exploration expenditures and making payments totalling $300,000 over a three-year period that commenced November 1, 2010. Votorantim can earn an additional 20% interest in the properties by funding an additional $2,250,000 in exploration expenditures over an additional two-year period. El Niño has elected to enter into a participation agreement wherein it can earn 50% of Votorantim’s interest by paying 50% of the costs incurred by Votorantim in the option and joint-venture agreement. On May 10, 2012 El Niño announced that Murray Brook Minerals Inc has been given formal notice by El Niño and Votorantim of a 50% earned interest in the Murray Brook Project. Murray Brook Minerals has also been provided with a valid notice that El Niño and Votorantim are exercising their option to acquire and become owner of an additional 20% (for a total of 70%) interest in the Murray Brook claims.

View Company Profile

El Niño Ventures Inc

by Kevin Michael Grace

Share |

View All: News Stories