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el nino ventures inc (ELN) Snapshot

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09/24/13 - C$0.09
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el nino ventures inc (ELN) Details

El Niño Ventures Inc., an exploration company, engages in the acquisition, exploration, and development of mineral properties in the Democratic Republic of Congo (DRC) and Canada. It focuses on exploring for zinc, silver, gold, copper, and lead. The company primarily holds interests in the Murray Brook project located west of Bathurst, New Brunswick, in Restigouche County; and Bathurst Zinc project located in the district of New Brunswick. El Niño Ventures Inc. was incorporated in 1988 and is based in Vancouver, Canada.

Founded in 1988

el nino ventures inc (ELN) Top Compensated Officers

Chairman and Chief Executive Officer
Total Annual Compensation: C$84.0K
Chief Financial Officer
Total Annual Compensation: C$63.5K
Chief Operating Officer, Director and Member ...
Total Annual Compensation: C$66.0K
Compensation as of Fiscal Year 2013.

el nino ventures inc (ELN) Key Developments

El Nino Mulls Acquisitions

El Nino Ventures Inc. (TSXV:ELN) announce a non-brokered flow-through and non flow-through private placement of up to a combined 10 million units for gross proceeds up to CAD 1 million. The proceeds of this private placement will be used for potential acquisitions, investments and general working capital.

El Nino Ventures Inc. Appoints Tina Whyte as Corporate Secretary

El Nino Ventures Inc. announced that Ms. Tina Whyte has been appointed as Corporate Secretary of the Company. Ms. Whyte brings over 15 years of experience in the corporate and securities industry. Ms. Whyte has formerly held director and officer positions in publicly traded companies. Ms. Whyte's appointment follows the resignation of Ms. Coreena Hansen as Corporate Secretary of the Company effective March 17, 2014.

El Nino Ventures Inc. Provides an Exploration Update on the Bathurst Option Joint Venture Zinc Project

El Nino Ventures Inc. provided an update on the exploration program for the Bathurst Option Joint Venture Project (BOJV) with Votorantim Metals Canada Inc. and Glencore Canada Corporation. The BOJV area of interest covers much of the worldclass Bathurst Mining Camp in northcentral New Brunswick Votorantim Metals Canada Inc. is Project Operator. During 2013, fifteen holes were drilled for a total of 4,780.7 metres at a cost of roughly $1.5 million. The holes were drilled to test prospective DIAGNOS CARDS, airborne and ground geophysical and stratigraphic targets in the BOJV Project. The drill targets are distributed throughout the Bathurst Mining Camp. Significant results were obtained from two diamond drill holes, MB1301 and SA1321, both of which intersected mineralization of interest. MB1301 was drilled to test a ground gravity target just to the west of the Murray Brook polymetallic massive sulphide property, in the northwest corner of the BOJV. The hole intersected 248 metres of weak mineralization consisting of pyrrhotite + pyrite ± chalcopyrite from 230 metres to end of hole at 578 metres, entirely in sedimentary rocks. As a result, the hole was extended from 578 metres to 821 metres. It remained in sedimentary rocks and commonly carried 510% disseminated pyrrhotite. The best assayed interval was 13 metres grading 0.18% Zn, 0.08% Pb, 0.10% Cu and 1.74 g/t Ag from 428 metres down hole. The hole was downhole surveyed with an electromagnetic probe for offhole conductors. The results indicated a couple of deeper responses which might reflect weak stringer mineralization. No offhole response was received that could be interpreted as massive sulphide. The other hole of interest, SA1321, was drilled to test a ARDs/geophysical target at Sevogle Airstrip in the south central part of the BOJV. The hole intersected felsic volcanics from 45 metres to 300 metres down hole, with several short intervals of quartz + chalcopyrite + sphalerit + galena mineralization between 60 metres and 300 metres down hole. The best assay result is 0.5 metres grading 2.9% Zn, 2.4% Pb and 0.04% Cu from 60 metres down hole.


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