El Nino Ventures & Xstrata Zinc to Commence 25,000 m Drill Program on Bathurst Mining Camp
VANCOUVER, Jun 25, 2007 (Canada NewsWire via COMTEX News Network) --
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- $5,000,000 work program for 2007-2008
- 25,000 m of diamond drilling
- ELN will be utilizing up to five drill rigs, from June 2007 to
March 2008
- $2,500,000 committed by the province of New Brunswick
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El Nino Ventures Inc. ("El Nino") (TSX.V: ELN; OTCBB: ELNOF; Frankfurt: E7Q) and Xstrata Zinc, is pleased to announce a $5,000,000 exploration program will commence on June 25th, 2007 on the Bathurst Mining Camp, in Bathurst, New Brunswick. A total of 25,000 meters of drilling using up to five drill rigs will be operational from June 2007 through until March 2008. Jean Luc Roy, President of El Nino states, "We are looking forward to the 2007/2008 campaign, and are very optimistic with the targets we identified, using the Titan 24 Deep Earth Imaging System, and other technologies." El Nino has the opportunity to earn up to 50 % of Xstrata Zinc's exploration projects in the Bathurst Mining Camp through an Option/Joint Venture Agreement, which was signed in May 2006. We have already completed the first year, of a two year $10,000,000 work program, with $5,000,000 coming from the province of New Brunswick through a government grant. "El Nino is very fortunate to have the support of the New Brunswick Government, and to be working with an industry leader in Xstrata Zinc," says Jean Luc Roy.
About El Nino Ventures Inc.
El Nino Ventures is an exploration stage company whose corporate objective is to revisit former mining regions and apply the latest technologies to advanced stage exploration targets. El Nino is currently in the midst of an aggressive global acquisition program throughout North America and Africa.
On Behalf of the Board of Directors
"Signed"
Jean Luc Roy
President and COO
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