El Nino is pleased to announce the results of an NI 43-101 Preliminary Economic Assessment for the Murray Brook polymetallic massive sulfide deposit, New Brunswick. The results of the PEA demonstrate the potential technical and economic viability of establishing a new mine and mill complex on the Murray Brook property. The projected cash flows indicate an after-tax NPV at a 5% discount rate of $96.4 million, an IRR of [...]
Additional metallurgical testwork designed to optimize copper recoveries has been completed on the Murray Brook polymetallic massive sulfide deposit.Metallurgical test work results will be incorporated as an integral part of a planned Preliminary Economic Assessment slated for completion in H1 2013.The Preliminary Economic Assessment will include an amended 43-101 compliant resource estimate which incorporates additional [...]
VANCOUVER, Feb. 26, 2013 /CNW/ - El Niño Ventures Inc. ("ELN" and the "Company") (TSX.V: ELN) (Frankfurt: E7Q) (OTCQX: ELNOF) is pleased to announce a non-brokered flow-through and non flow-through private placement of up to a combined 33,333,333 units for gross proceeds up to $2,000,000.Each non flow-through unit ("NFT Unit") at a price of $0.06 per NFT Unit will consist of one common share and one-half of one [...]
VANCOUVER, Jan. 16, 2013 /CNW/ - El Nino Ventures Inc. ("ELN" and the "Company") (TSX.V: ELN; OTCQX: ELNOF Frankfurt: E7Q) is pleased to announce the results from Phase 1 metallurgical testwork commissioned by its partner, Votorantim Metals Canada Inc. (Votorantim), on samples from the Murray Brook polymetallic deposit, located in the Bathurst Mining Camp, New Brunswick. The purpose of the testwork was to investigate [...]
TSX.V: ELN FSE: E7Q.N OTCQX: ELNOFVANCOUVER, Dec. 31, 2012 /CNW/ - El Niño Ventures Inc. ("ELN" and the "Company") (TSX.V: ELN; Frankfurt: E7Q.N; OTCQX: ELNOF) is pleased to announce that it has closed the second and final tranche of its non-brokered flow-through and non flow-through private placement for gross proceeds of $303,000.The Company issued 2,866,667 non flow-through units (NFT Units) at a price of $0.09 [...]
VANCOUVER, Dec. 20, 2012 /CNW/ - El Nino Ventures Inc. ("ELN" and the "Company") (TSX.V: ELN; OTCQX: ELNOF Frankfurt: E7QN) announces that the Company will re-file its interim financial statements and management discussion and analysis ("MD&A") for the interim periods ended April 30, 2012 and July 31, 2012 as a result of a change in the Company's accounting policy related to its exploration and evaluation properties.The [...]
VANCOUVER, Nov. 16, 2012 /CNW/ - El Nino Ventures Inc. ("ELN" and the "Company") (TSX.V: ELN; OTCQX: ELNOF Frankfurt: E7QN) announces that the Company will proceed with the second tranche of its non-brokered flow-through and non flow-through private placement for up to a combined 33,333,333 units for total gross proceeds of up to $3,000,000. The Company closed the first tranche of the private placement on October 2 [...]
Votorantim Metals Canada (VMC) is the operator and funds the exploration program. VMC can earn a 50% interest in the BOJV Project by incurring exploration expenditures of $10 million over five years with the option to earn an additional 20% by spending an additional $10 million over an additional two year periodVMC completed exploration work in 2012 totalling approximately $1 million to the end of Q3. Work in 2012 [...]
EARLY WARNING NEWS RELEASE PURSUANT TO SECTION 102.1 OF THE SECURITIES ACT (ONTARIO) AND NATIONAL INSTRUMENT 62-103/104VANCOUVER, Oct. 5, 2012 /CNW/ - El Nino Ventures Inc. ("ELN" or the "Company") announces that Pacific North West Capital Corp., ("PFN") acquired ownership and control of 2,222,222 shares and 1,111,111 warrants of ELN pursuant to the closing of the first tranche of the Company's non-brokered private [...]
VANCOUVER, Oct. 5, 2012 /CNW/ - El Niño Ventures Inc. ("ELN" and the "Company") (TSX.V: ELN) (Frankfurt: E7Q.N) (OTCQX: ELNOF) is pleased to announce that it has closed the first tranche of its non-brokered flow-through and non flow-through private placement for gross proceeds of $1,351,452.The Company issued 5,166,133 non flow-through units (NFT Units) at a price of $0.09 per NFT Unit. Each NFT Unit consists [...]
Drilling Highlights8.49% zinc, 0.18% copper, 4.58% lead, 0.59 gpt gold and 152.2 gpt silver over 45.4 metres in drill hole MB‐2012‐138Including 13.7% zinc, 0.20% copper, 9.60% lead, 1.10 gpt gold and 269.7 gpt silver over 11.0 metres2.82% zinc, 0.65% copper, 1.78% lead, 1.57 gpt gold and 63.9 gpt silver over 11.6 metres in drill hole MB‐2012‐144Metallurgical test results to be available in [...]
VANCOUVER, Sept. 26, 2012 /CNW/ - El Niño Ventures Inc. ("ELN" and the "Company") (TSXV: ELN) (Frankfurt: E7QN) (OTCQX: ELNOF) is pleased to announce that it is retaining the services of Renmark Financial Communications Inc. to enhance and increase its existing investor relations activities. Renmark will focus on increasing visibility of El Nino Ventures in the retail investment community."We are pleased to announce [...]