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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: 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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