| Development Update on the Murray Brook Zn-Cu-Pb-Ag Deposit, Bathurst Mining Camp, New Brunswick |  view PDF |
ELN May 2, 2013
- Additional metallurgical
testwork designed to optimize copper
recoveries has been completed on the
Murray Brook polymetallic massive
sulfide deposit.
- Metallurgical test work results
will be incorporated as an integral
part of a planned Preliminary
Economic Assessment slated for
completion in H1 2013.
- The Preliminary Economic
Assessment will include an amended
43-101 compliant resource estimate
which incorporates additional
diamond drilling completed
subsequent to the resource estimate
provided by EL Nino Ventures in a
news release dated February 28,
2012.
May 2, 2013, Vancouver, BC; El
Nino Ventures Inc. ("ELN" and the
Company") (TSX.V: ELN; OTCQX: ELNOF
Frankfurt: E7Q) is pleased to provide an
update on the Murray Brook polymetallic
massive sulfide deposit, Bathurst Mining
Camp (New Brunswick) during the period
December 2012 to May 2013.
Further to the announcement of January
15, 2013, the results from Phase 1
metallurgical testwork commissioned by
our partner and project operator,
Votorantim Metals Canada Inc.
(Votorantim), on samples from the Murray
Brook deposit (Figure 1), is illustrated
in Table 1. The purpose of the testwork
was to investigate flotation options for
sequential recovery of copper, lead and
zinc concentrates from Murray Brook
feed.
Table
1.Assay and Recovery Results of Locked
Cycle Tests for Murray Brook

Additional metallurgical testwork was
planned to be carried out by RPC Science
& Engineering Laboratories in early
2013. El Nino Ventures Inc. is pleased
to announce that the additional testwork
has been completed and the results will
be reported in a planned Preliminary
Economic Assessment to be completed in
H1 2013. The additional testwork focused
on optimizing copper and lead
recoveries, in part through processing
of larger samples in bigger equipment.
An expanded metallurgical test program
involving pilot plant design work is
planned to follow completion Preliminary
Economic Assessment.
Qualified Persons Statement
This news release has been reviewed and
approved for technical content by Ali
Hassanalizadeh M.Sc. P.Geo., a qualified
Person under the provisions of National
Instrument 43‐101.
About El Niño Ventures Inc. Bathurst
Projects
El Niño Ventures Inc. has two active
projects in the Bathurst Mining Camp;
1. Murray Brook Project:
The Murray Brook project is a
polymetallic, massive sulfide deposit.
The Murray Brook property is located 60
km west of Bathurst. It is supported by
excellent infrastructure, including
paved roads, grid electricity and
communities to provide goods, services
and skilled labour (Figure 1). To
date, more than 28,000 metres of
drilling has been completed with
encouraging results. In February 2012,
NI43-101 resource estimation was
announced (see
news release). The technical report
is filed on
SEDAR.com
and also available on
ELN's website. A Preliminery
Economic Assessment (PEA) is slated for
H1-2013.

Figure 1- Murray Brook and Camel Back
Location map in the Bathurst Mining Camp
2. Bathurst Mining Camp Project:
(Tri-Party Agreement)
Consists of an initial 4,712 claims (Figure
2) in the Tri‐Party Agreement with
Xstrata & VM Canada whereby VM Canada
may incur exploration expenditures of
$10 million over a period of 5 years to
earn a 50% interest. VM Canada may
further increase its interest to 70% by
spending an additional $10 million over
2 years.

Figure
2- Land tenure map showing the location
of optioned properties in the Bathurst
Mining Camp
Votorantim Metals Canada Inc.
Statement
Technical details in this news release
were provided by Votorantim whose
professional geologists conduct
operations consistent with mineral
industry best practices. Votorantim
accepts no responsibility for this news
release or any inferences made from the
technical details provided herein.
About Votorantim Metals Canada Inc.
Votorantim Metals Canada Inc. is a
subsidiary of Votorantim Metals is a
company that is part of the Votorantim
Group that was founded in Brazil in
1918. The Votorantim Group operates in
twenty countries and has over 40,000
employees. Votorantim Metais is the
largest electrolytic nickel producer in
Latin America and one of the world's
leaders in the production of zinc,
aluminum and nickel. Votorantim Canada
Metals Inc. in conjunction with Xstsrata
Zinc and El Nino Ventures is operator of
the Bathurst Option and Joint Venture
which is actively exploring for base
metal deposits within the Bathurst
Mining Camp.
About El Nino Ventures Inc.
El Niño Ventures Inc. is an
international exploration company,
focused on exploring for zinc, silver,
copper, gold and lead in New Brunswick,
Canada and copper in the Democratic
Republic of Congo ("DRC").
On Behalf of the Board of Directors
"Harry Barr"
Harry Barr Chairman & CEO El Nino Ventures Inc.
Further Information: Tel: +1 604 685
1870 Fax: +1 604 685 8045 Email: info@elninoventures.com or visit www.elninoventures.com 650-555 West 12th Avenue, City Square, West Tower, Vancouver, B.C.,
Canada, V5Z 3X7
Neither the TSX Venture Exchange
nor its Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for the
adequacy or accuracy of this release.
Cautionary Note Regarding Forward Looking Statements. 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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