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Posts tagged ‘El Niño Ventures Inc (ELN)’

El Niño reports NB Assays of 56.1 g/t Silver, 0.63 g/t Gold, 0.59% Copper over 146m

January 16th, 2012

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

56.1 g/t silver, 0.63 g/t gold, 0.59% copper, 1.4% lead and 3.85% zinc over 146 metres
49.2 g/t silver, 0.45 g/t gold, 0.16% copper, 1.33% lead and 3.83% zinc over 146 metres
41.6 g/t silver, 0.38 g/t gold, 0.28% copper, 1.12% lead and 3.62% zinc over 168.1 metres
65.7 g/t silver, 0.51 g/t gold, 0.11% copper, 1.81% lead and 5.45% zinc over 103.1 metres
56.5 g/t silver, 0.36 g/t gold, 0.16% copper, 1.71% lead and 4.65% zinc over 100.5 metres
37.8 g/t silver, 0.94 g/t gold, 0.89% copper, 0.73% lead and 1.58% zinc over 122 metres

El Niño has an agreement with Xstrata and VM Canada on the Bathurst Mining Camp Project, in which VM Canada may spend $10 million over five years to earn a 50% interest. VM Canada may increase its interest to 70% by spending an additional $10 million over two years. El Niño has given notice to Votorantim Metals Canada Inc to enter into a participation agreement on the Murray Brook Deposit. Votorantim has an option and joint venture agreement on the deposit with two privately held companies, Murray Brook Minerals and Murray Brook Resources.

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El Niño Ventures Inc

by Greg Klein