El Nino Ventures to drill Irish Licences
Last Update: 2/11/2008 8:04:29 AM
VANCOUVER, Feb. 11, 2008 (Canada NewsWire via COMTEX) -- El Nino Ventures Inc. ("El Nino") (ELNOF) is pleased to report that it has recently been granted two additional Prospecting Licences within the Republic of Ireland. The Company now holds a total of thirteen Prospecting Licences overlying more than 450 square kilometres of the Central Carboniferous Limestone Basin.
Ireland's Lower Carboniferous limestones host important, very good grade, zinc and lead mineralization including the three mines currently in operation. These mines contribute a substantial proportion of Western Europe's zinc and lead concentrate requirements.
El Nino has recently received a report from CSA Group Ltd, the Company's Irish geological consultants, recommending an initial 4400m diamond drill program targeting coincident stratigraphic/structural targets on several of the licences.
The Company is now in the process of finalizing drill collar locations and is negotiating a drill contract with the objective of commencing drilling on or before May.
El Nino President Jean Luc Roy said "We are pleased with our landholding position in this highly prospective base metal area and look forward to our initial drill program, designed to test very specific targets on these licences".
About El Nino Ventures Inc.
El Nino Ventures is a junior exploration company, whose corporate objective is to revisit former mining regions and apply the latest technologies to advanced stage exploration targets. El Nino has acquired a 70% interest in over 350 square kilometers in the world renowned copper belt in the Democratic Republic of Congo. In addition to our copper project in the Congo, El Nino is currently in the middle of a 25,000 meter drill program on the Bathurst Mining Camp via an option/ joint venture agreement with Xstrata Zinc.
On Behalf of the Board of Directors
(signed)
Jean Luc Roy, President and CEO
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