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Company website: http://www.elninoventures.com/index.php?pg=1&parent=0
President & Chief Operating Officer's message: http://www.elninoventures.com/index.php?pg=43&parent=2
52 WEEK RANGE $0.39 – 0.95
ISSUED & OUTSTANDING 20.9 MIL
FULLY DILUTED 31.3 MIL
About El Niño Ventures
El Niño is an exploration stage company in the midst of a 23,500 meter drill program that commenced on October 2006 in the Bathurst Zinc/Base Metals Mining Camp, via an Option/Joint Venture Agreement with Xstrata Zinc Canada. (formerly Falconbridge Ltd.) This first phase of drilling will continue on through until March 2007 with the second program running until March 2008. In total, there will be $ 10 million spent on a 50,000 meter drill program near the worlds largest zinc mine, the Brunswick Number 12.
Option / Joint Venture Agreement with Xstrata Zinc Canada
* El Niño has the option to earn 50% of Xstrata’s exploration projects in the Bathurst Mining Camp
* El Niño must spend $ 5 million to earn this 50% over two years upon vesting
* Access to Billion dollar infrastructure already in place
New Brunswick Government to commit up to $5,000,000 over the next two years
About The Bathurst Mining Camp
The Bathurst Mining Camp is a world class mining district with full mining, milling and smelter infrastructure, containing numerous copper, zinc, lead and silver volcanogenic massive sulphide deposits of different sizes, ranging up to the Brunswick # 12 deposit which contained more than 300 million tonnes of massive sulphide. The Brunswick # 12 zinc, lead, copper, silver mine, owned by Xstrata Zinc Canada, currently operates at approximately 10,000 tonnes per day.
About the Bancroft Uranium Projects
On November 2, 2006, El Niño optioned its Bancroft Uranium properties to Boulder Creek Explorations Inc. This agreement will finance the Bancroft properties through the next stages of exploration. Under the terms of this agreement, El Niño will receive 275,000 shares of Boulder, and cash payments totaling CDN $125,000. Boulder can earn in a 60 percent interest by committing CDN $1,000,000 over the next two years and could earn up to 80 percent of the project by issuing a further 300,000 shares and spending an additional CDN $1,500,000.
El Nino Ventures Inc. Projects
Article from www.businessedge.ca
Mining expertise helps El Nino Ventures find success
Emerging junior offers terrific opportunity for investors
El Nino Ventures joins Phelps Dodge, BHP Billiton and First Quantum Minerals in
Africa, setting up shop alongside the big boys in the unbelievably rich copper belt of the Democratic Republic of Congo (DRC)
. It’s a young Canadian company known as El Nino Ventures Inc., which is quickly maturing into a world-class operation under the steady hand of President/COO Jean Luc Roy, a mining professional with 20 years experience in African exploration and development.
As a former DRC managing director for First Quantum, Roy is the proud owner of a star-studded CV. And El Nino Ventures, with a market cap of $10 million, is attracting national attention as a golden investment opportunity at less than 60 cents a share (TSX.V-ELN). “We’re an emerging junior that offers a terrific opportunity for investors to get in on the ground floor of an exciting exploration program,” explains Roy. “I strongly believe that base metals remain an outstanding long-term investment. Demand for these metals remains extremely strong out of Southeast Asia and that’s not about to change,” he adds.
In fact, Roy remains convinced that metals prices are currently in the third or fourth year of a 10-year megacycle. He thinks they will continue to ride high. But let’s back up a bit and continue with the introductions. Although a relatively new player, El Nino Ventures has already established a strong foothold in two of the world’s most mineral-rich regions.
Comments noted are "Forward-Looking Statements" within the meaning of Section 21E of the United States Securities Exchange Act of 1934, as amended. All statements, other than statements of historical fact, included herein are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations are disclosed in the Company's documents filed from time to time with the British Columbia Securities Commission and the United States Securities & Exchange Commission. This board should not be construed as an offer to buy or sell securities of this company.