El Nino Ventures Reports High Grade Drill Results On The Kasala Project In The DRC
ELN News Jan 12, 2009
ñ Numerous intercepts with widths from
50 metres to 91 metres of mineralization
ñ High grade intercepts: 7 metres @ 7.07% Cu (Hole
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)
ñ IP program indicates extension of Kasala Main Zone to the
January 12, 2009 Vancouver, BC -- El Niño 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.
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 capital."
The content of this press release has been reviewed by Mr. Benoit M.
Violette, P. Geo., consulting geologist and the Qualified Person
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 Niño Ventures
El Niño Ventures is a junior exploration company, focused on
exploring for Copper/Cobalt in the DRC. El Niño has an option to
acquire a 70% interest in over 350 square kilometers in the world
renowned copper belt in the Democratic Republic of Congo ("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
On Behalf of the Board of Directors,
"Jean Luc Roy" Jean Luc Roy, President & CEO
Further information: call toll free
Telephone: +1.604.683.4886 Email:
604.683.4887, or visit www.elninoventures.com
1440 - 1166 Alberni Street, Vancouver, B.C. Canada V6E 3Z3
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.
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