El Nino Ventures Inc fka ELN

[Ed Monton]

El Nino drills 2.82% Cu over 29 m at Kasala project


2008-10-06 09:53 ET - News Release

Mr. Jean Luc Roy reports

EL NINO VENTURES INC. MAKES SIGNIFICANT COPPER/COBALT DISCOVERY (29 METERS AT 2.82% CU AND 0.34% CO) IN THE DEMOCRATIC REPUBLIC OF CONGO

El Nino Ventures Inc. has made a significant copper/cobalt discovery on its research permit PR 5214, located in southeastern Katanga province in the Democratic Republic of Congo. This area has now been dubbed the Kasala project.

The discovery was made during the course of the company's 10,000-metre reverse circulation (RC) drilling program, when an RC drill hole, MDB-023, was completed in the central northern area of PR 5214.

Company geologists reported the presence of malachite mineralization over a wide interval in the drill cuttings from this hole. MDB-023 (minus-45 degrees) ended at 97 m due to difficult ground conditions.

Samples from MDB-023 were collected using strict quality controls and were then dispatched to ALS Chemex Laboratories in Johannesburg, South Africa, for sample preparation and assay. Analytical results received from ALS Chemex indicate a 29 m intersection grading 2.82 per cent Cu between 17 and 46 m, which includes an intersection of 4.11 per cent Cu and 0.50 per cent Co between 21 and 26 m.

Drill highlights of hole MDB-023 can be found at the company's website.

Since the completion of hole MDB-023, an additional 47 holes have been drilled in the Kasala area, 19 diamond drill holes (DDH) and 29 reverse circulation holes (RC). Company geologists report visible malachite mineralization (ranging from weak to very strong over varying thicknesses) in 31 of the 48 holes drilled in this area. The strike length of this discovery stands at approximately 800 m at present. Drilling has been halted for the time being in order for the company to compile and analyze the substantial assay data which are expected to be received over the next four to six weeks.

An induced polarization (IP) ground geophysical survey is now under way in the Kasala area to trace possible extensions of the mineralized zone. All information gathered over the next six to eight weeks will be compiled and analyzed by the company's technical team to plan additional drilling in this area. Remaining samples from the other mineralized drill holes completed in this area are being shipped to the ALS Chemex facilities in Johannesburg where they will be analyzed. The company has requested that ALS Chemex perform priority analysis of these samples.

Research permits 5215 and 5217

Two other target areas on PR 5215 and PR 5217, respectively, were tested during the company's 10,000 m RC scope drilling program without significant results. Thirty RC holes totalling 3,215 m were drilled on PR 5217 and 23 RC holes totalling 1,995 m were drilled on PR 5215. Analytical results have been received from ALS Chemex for 21 of the 32 holes drilled on PR 5127 and for five of the 23 holes drilled on PR 5215 with no significant results reported. Analytical results are awaited for the remaining 29 drill holes. No further drilling is currently planned for on these two research permits. The company will compile all results from this year's campaign and plans further geochemical and geophysical surveys to generate new targets on these two permits.

Jean Luc Roy, president and chief executive officer of El Nino, states: "This discovery on our Kasala project is very significant and we feel that when all assay results are returned the company will have a substantial project to work on, over the next drill season. The grades and thicknesses on our findings are very encouraging and we look forward to sharing results from other drill holes on the Kasala project, over the next four to six weeks."

The content of this press release has been reviewed by Benoit M. Violette, Geo, consulting geologist and the qualified person under NI 43-101.



DRILLING SUMMARY -- KASALA PROJECT

Hole Id Depth (m) From (m) To (m) Interval (m) Copper (Cu) Cobalt (Co)

 
 MDB-DD-006   150.0                         Assays pending 
 MDB-DD-007   195.7                         Assays pending 
 MDB-DD-008   122.3                         Assays pending 
 MDB-DD-009   128.0                         Assays pending 
 MDB-DD-010   150.7                         Assays pending 
 MDB-DD-011A  109.0                         Assays pending 
 MDB-DD-011B  144.8                         Assays pending 
 MDB-DD-012   146.8                         Assays pending 
 MDB-DD-013   150.0                         Assays pending 
 MDB-DD-014   150.0                         Assays pending 
 MDB-DD-015   250.0                         Assays pending 
 MDB-DD-016   187.3                         Assays pending 
 MDB-DD-017   161.3                         Assays pending 
 MDB-DD-018   167.3                         Assays pending 
 MDB-DD-019   213.0                         Assays pending 
 MDB-023       97.0        17      97      80           1.42%      0.13% 
 including                 17      46      29           2.82%      0.34% 
 including                 21      26       5           4.11%      0.50% 
 MDB-024       53.0                         Assays pending 
 MDB-025      100.0                         Assays pending 
 MDB-026       47.0                         Assays pending 
 MDB-027      100.0                         Assays pending 
 MDB-028      100.0                         Assays pending 
 MDB-029       89.0                         Assays pending 
 MDB-030      100.0                         Assays pending 
 MDB-031       56.0                         Assays pending 
 MDB-032       96.0                         Assays pending 
 MDB-033      100.0                         Assays pending 
 MDB-034      100.0                         Assays pending 
 MDB-035      100.0                         Assays pending 
 MDB-036       45.0                         Assays pending 
 MDB-037       61.0                         Assays pending 
 MDB-038      100.0                         Assays pending 
 MDB-039       73.0                         Assays pending 
 MDB-040      100.0                         Assays pending 
 MDB-041      100.0                         Assays pending 
 MDB-042      100.0                         Assays pending 
 MDB-043      100.0                         Assays pending 
 MDB-044      100.0                         Assays pending 
 MDB-045       83.0                         Assays pending 
 MDB-046       89.0                         Assays pending 
 MDB-047       85.0                         Assays pending 
 MDB-048      100.0                         Assays pending 
 MDB-049      100.0                         Assays pending 
 MDB-050      109.0                         Assays pending 
 MDB-051      149.0                         Assays pending 
 MDB-052       77.0                         Assays pending 
 MDB-053       83.0                         Assays pending 
 MDB-054      150.0                         Assays pending 
 MDB-055      150.0                         Assays pending