El Nino Provides Update on the BOJV Zinc-Lead-Silver Project, New Brunswick
view PDF
ELN News May 23 2014

May 23, 2014. Vancouver, BC - El Niño Ventures Inc. ("ELN") (TSX.V: ELN OTC Pink: ELNOF FRANKFURT: E7Q), announces that Votorantim Metals Canada Inc. has relinquished its option to earn up to a 50% interest in the Bathurst Option Joint Venture zinc-lead-silver project (BOJV), northeastern New Brunswick. The BOJV Project is centred on the world-class Bathurst Mining Camp and is owned 50:50 by ELN and Glencore Canada Corporation (formerly Xstrata Canada Corporation) (Figure 1).

Figure 1- Land tenure map showing the location of properties in the Bathurst Option Joint Venture Project
as of April 22, 2014

Since July 2009, the BOJV Project has benefitted from Votorantim Metals Canada Inc.'s financial support and exploration efforts, which have advanced our geological understanding of the BOJV Project area. Exploration programs completed include airborne geophysics, targeting by DIAGNOS Inc., and diamond drilling, all completed without any dilution to ELN share capital.

Despite application of some innovative thinking and cutting-edge exploration techniques and the use of Advanced Exploration Funds provided by the New Brunswick government, Votorantim Metals Canada Inc. decided to withdraw from the BOJV Project and focus their efforts elsewhere. ELN and Glencore Canada Corporation retain full ownership (50% ELN:50% GCC) of the project claims and are in the process of compiling the data generated by Votorantim Metals Canada Inc. for the next steps in exploration of the BOJV.

About Bathurst Option Joint Venture Zinc Project (BOJV)

The BOJV project consists of 4712 claims owned 50% ELN and 50% Glencore Canada Corporation and 2907 claims owned 100% by Glencore Canada Corporation, together with an Area of Interest in which ELN and Glencore Canada Corporation hold equal interest, covering much of the Bathurst VMS Mining Camp in northeastern New Brusnwick, Canada. Due to the Area of Interest, the BOJV generates new projects for ELN at no initial cost. An example of such project generation for ELN is the Murray Brook Project.

About El Nino Ventures Inc.

El Nino Ventures Inc. is an international exploration company, focused on exploring for lead, zinc, copper, gold and silver in New Brunswick, Canada and copper in the Democratic Republic of Congo ("DRC"). ELN is based in Vancouver and has a regional office in Toronto.

Qualified Persons Statement

This news release has been reviewed and approved for technical contents by William Stone, Ph.D., P.Geo. and a Qualified Person under the provisions of National Instrument 43-101.

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: or visit
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 (, 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.


You can view the Next News Releases item: Wed Jun 18, 2014, El Nino Reprices Non-Brokered Private Placement

You can view the Previous News Releases item: Wed May 21, 2014, El Niño Announces $1.0 Million Non-Brokered Private Placement

You can return to the main News Releases page, or press the Back button on your browser.