El Nino Ventures Inc. continues to intersect High Grade Zinc, Gold and Silver Over Significant Intervals at Murray Brook Polyme

    







        --  Significant drill results; include:
      o 4.66% zinc, 1.55% lead,1.451gpt gold and 57.4 gpt silver over 7.05
        metres in MB‐2012‐98
      o 2.66% zinc, 1.13% lead, 1.05 gpt gold and 56.84 gpt silver
        over75.00metres in MB‐2012‐97
      o 1.53% zinc, 0.73% lead, 0.72 gpt gold and 35.71 gpt silver
        over111.0metres in MB‐2012‐91
        --  97 holes have been successfully completed for a total of 18,467
            metres
        --  Votorantim and El Nino spent approximately $4.5 million from
            November 2010 to date




 VANCOUVER, June 27, 2012 /CNW/ - El Nino Ventures Inc. ("ELN" and the  "Company")   is pleased to  announce additional high-grade results over significant intervals  obtained from holes drilled during its 2012, 18,000 metre drill program  at the Murray Brook massive‐sulfide deposit, in the Bathurst Mining  Camp of New Brunswick, Canada. The Company has received and confirmed  assay results from drill holes MB-2012-90 to MB-2012-101. A complete  list of the intercepts from the 2012 drill program is provided in Table  1. The widths of the intercepts are approximate to the true width of  the mineralized intercept. 

 The drill program commenced on February 9, 2012 and to date, 97 holes  have been successfully completed for a total of 18,467 metres. The  entire drill program consists of 164, vertical drill holes; totalling  approximately 28,500 m. Figure 1 illustrates the location of 2012 drill  holes. 

 Discussion:  

 On the basis of work completed to date, two important observations and  conclusions can be made: 




      1. The program was successful in confirming the continuity of the
         massive sulfide mineralization at the Murray Brook deposit;
      2. Results of the 2012 drill program have been successful in
         identifying two distinct massive sulfide zones with different
         mineralogical characteristics and thickness. Western Zone appears
         thicker and more Zn-Pb- Ag rich and Eastern Zone is thinner and
         more Cu-Au rich (Figures 2 and 3)1 illustrates Murray Brook
         Massive Sulfide thickness at 10 metre contours.




 About 2012-2013 Exploration Program:  

 A minimum $3 million budget has been proposed for the 2012‐2013 exploration program.  The budget  includes $2.5 million for diamond drilling work on the Murray Brook  deposit and a $500,000 exploration geophysical program on Murray Brook  property and the adjacent Camel Back property (Figure 3). The objective  of this exploration program is to explore for VMS deposits at depths of  up to 200 metres below surface. The Camel Back property is located in  the area between the Murray Brook deposit to the west, which is the  largest open pittable massive sulfide deposit in the Bathurst Mining  Camp (BMC), and the Caribou deposit to the east, which is the second  largest deposit in the camp with historic resources of some 65 million  tonnes. 

 2012 Program consists of 




        --  $2.5 million budgeted for drill programs for measured resources
      o 18,000 metre drill program began February 2012
      o Delineate the outer perimeter of the Murray Brook deposit and
        advance the resources into the measured (highest confidence)
        category.
        --  $0.5 million budgeted for exploration of the Murray Brook
            Property
      o Mapping and prospecting;
      o Ground gravity geophysics
      o 2000 metres of drilling with bore-hole EM surveys
        --  Metallurgical studies underwayto compliment completion of a
            plannedPEA Study in Q1 2013




 The Exploration Agreement 

 Votorantim is the Operator of the Murray Brook Project. In January 2011,  ELN announced that it provided notice to Votorantim to enter into a  Participation Agreement on the Murray Brook polymetallic massive  sulfide deposit situated in the Bathurst Mining Camp in New Brunswick,  Canada. (See news release dated January 20, 2011). 

 Under Votorantimʹs Option and Joint Venture Agreement with Murray Brook  Minerals Inc. and Murray Brook Resources Inc., both privately held  companies, Votorantim can earn a 50% interest in the properties by  funding $2,250,000 in exploration expenditures and making payments  totalling $300,000   over a three year period that commenced November  1, 2010. Votorantim can earn an additional 20% interest in the  properties by funding an additional $2,250,000 in exploration  expenditures over an additional two year period. ELN has elected to  enter into a participation agreement wherein it can earn 50% of  Votorantim's interest by paying 50% of the costs incurred by Votorantim  in the Option and Joint Venture Agreement. 

 On May 10, 2012 ELN announced that Murray Brook Minerals Inc. has been  given formal notice by ELN and Votorantim Metals Canada ("Votorantim")  of a 50% earned interest in the Murray Brook, polymetalic project, Bathurst,  New Brunswick. MBM has also been provided with a valid notice that ELN  and Votorantim are exercising their option to acquire and become owner  of an additional 20% (for a total of 70%) beneficial interest in the  Murray Brook mining claims.  

 Qualified Persons Statement 

 This news release has been reviewed and approved for technical content  by Ali Hassanalizadeh M.Sc. P.Geo a qualified Person under the  provisions of National Instrument 43‐101. 

 Figure 1- Plan view of the Murray Brook polymetallic massive sulfide deposit and drill  holes locations  http://www.elninoventures.com/s/NewsReleases.asp?ReportID=533636 

 Figure 2- Cross Section of Murray Brook deposit; looking northeast.  Location of the section is highlighted in the index map at the left top  corner  http://www.elninoventures.com/s/NewsReleases.asp?ReportID=533636 

 Figure 3- Plan view of Murray Brook Massive Sulfide thickness 10 metre contours  http://www.elninoventures.com/s/NewsReleases.asp?ReportID=533636 

 Table‐1 Composited drill hole intercepts 




     _________________________________________________________________
    |   Hole ID |From m| To m |Interval m|Zn %|Pb %|Cu %|Au gpt|Ag gpt|
    |___________|______|______|__________|____|____|____|______|______|
    |MB-2012-98 |167.00|174.05|    7.05  |4.66|1.55|0.29| 1.45 |57.38 |
    |___________|______|______|__________|____|____|____|______|______|
    |MB-2012-92 |208.06|210.60|    2.54  |2.86|1.16|0.10| 0.51 |39.29 |
    |___________|______|______|__________|____|____|____|______|______|
    |MB-2012-97 |126.00|201.00|   75.00  |2.66|1.13|0.46| 1.05 |56.84 |
    |___________|______|______|__________|____|____|____|______|______|
    |MB-2012-101|118.00|171.72|   53.72  |2.36|1.07|0.49| 0.95 |50.36 |
    |___________|______|______|__________|____|____|____|______|______|
    |MB-2012-95 |153.45|156.40|    2.95  |2.27|0.65|0.09| 0.34 |19.45 |
    |___________|______|______|__________|____|____|____|______|______|
    |MB-2012-96 |189.90|228.30|   38.40  |2.12|1.03|0.52| 1.14 |48.82 |
    |___________|______|______|__________|____|____|____|______|______|
    |MB-2012-99 |195.90|240.50|   44.60  |1.92|0.90|0.93| 1.73 |44.95 |
    |___________|______|______|__________|____|____|____|______|______|
    |MB-2012-94 |118.00|196.10|   78.10  |1.66|0.86|0.52| 1.04 |36.64 |
    |___________|______|______|__________|____|____|____|______|______|
    |MB-2012-91 |73.65 |184.65|   111.00 |1.53|0.73|0.68| 0.72 |35.71 |
    |___________|______|______|__________|____|____|____|______|______|
    |MB-2012-93 |86.60 |141.05|   54.45  |0.84|0.47|0.96| 0.48 |20.44 |
    |___________|______|______|__________|____|____|____|______|______|





 **The composite assays provided are of massive sulfide intersections  only employing a 0% Zn cutoff 

  

 Figure 4- Land tenure map showing the location of the Murray Brook Project Bathurst Mining Camp, New Brunswick  http://www.elninoventures.com/s/NewsReleases.asp?ReportID=533636 

 About El Niño Ventures Inc. Bathurst Projects 

 1. Bathurst Mining Camp Project: (Tri-Party Agreement) 

 Consists of an initial 4,712 claims in the Tri‐Party Agreement with  Xstrata & Votorantim whereby Votorantim may incur exploration  expenditures of $10 million over a period of 5 years to earn a 50%  interest. Votorantim may further increase its interest to 70% by  spending an additional $10 million over 2 years. 

 2. Murray Brook Project: 

 The Murray Brook project, which has an excellent infrastructure, is the largest open-pitable massive sulfide deposits in the Bathurst Mining  Camp. Votorantim can earn up to a 50% interest in the Murray Brook Project by  funding $2,250,000 of exploration expenditures over a period of 3  years. Votorantim may acquire a further 20% by incurring an additional  $2.5 million in exploration costs over an additional two year period.  ELN has elected to participate by paying 50% of Votorantim's  exploration costs during the earn-in period. 

 In 2011, ELN and Votorantim spent $2.1 million on exploration; and  completed 10,000 metres of drilling. Drill results to date have been  encouraging. 

 The first NI 43‐101 Mineral Resource Estimate for the Murray Brook  Zn‐Cu‐Pb‐Ag‐Au deposit, which includes explanatory footnotes, is  presented in the table below (see ELN press release dated February 28,  2012). The resource estimate is based on various assumptions regarding  mining methods, processing and metal recoveries, payable metal NSR  credits and metal prices. This estimate makes no provision for capital  costs to mine the deposit, nor mill the material mined, as resources  are not reserves. 

 Murray Brook Mineral Resource Estimate Summary 




     _________________________________________________________________
    |Category |NSR Cut-Off $/t|   Tonnes |Cu% |Pb% |Zn% |Au gpt|Ag gpt|
    |_________|_______________|__________|____|____|____|______|______|
    |Measured |         $20   |1,620,873 |0.27|1.19|3.53|  0.5 | 44.1 |
    |_________|_______________|__________|____|____|____|______|______|
    |Indicated|         $20   |17,063,441|0.43|0.93|2.52| 0.51 | 38.8 |
    |_________|_______________|__________|____|____|____|______|______|
    |   M + I |         $20   |18,684,314|0.42|0.95|2.61|  0.5 | 39.3 |
    |_________|_______________|__________|____|____|____|______|______|
    |Inferred |         $20   |3,020,893 |0.62|0.75|1.83| 0.75 |   35 |
    |_________|_______________|__________|____|____|____|______|______|





  

 Mineral resources which are not mineral reserves do not have demonstrated economic  viability.   The estimate of mineral resources may be materially affected by  environmental, permitting, legal, title, taxation, socio-political,  marketing, or other relevant issues. (1)   The quantity and grade of reported Inferred resources in this  estimation are uncertain in nature and there has been insufficient  exploration to define these Inferred resources as an Indicated or  Measured mineral resource and it is uncertain if further exploration  will result in upgrading them to an Indicated or Measured mineral  resource category. (2)   The mineral resources in this news release were estimated using  the Canadian Institute of Mining, Metallurgy and Petroleum (CIM), CIM  Standards on Mineral Resources and Reserves, Definitions and Guidelines  prepared by the CIM Standard Committee on Reserve Definitions and  adopted by CIM Council  (3)   The Dec 31, 2011 two year trailing average US metal prices used in  this estimate were $3.71/lb Cu, $1.03/lb Pb, $0.98/lb Zn, $1,397/oz Au,  $27.63/oz Ag. The C$/US$ Exchange rate was 0.99.  (4)   Overall payable metal in the NSR calculation were 81% Cu, 72% Pb,  64% Zn, 71% Au and 56% Ag. (5)   Mineral resources were determined within a Whittle pit shell with  45 degree slopes utilizing mining costs of C$2.50/tonne for mineralized  material and waste rock, and C$1.75/tonne for overburden.  (6)   Costs used to determine the C$20/tonne NSR resource cut-off value  were processing at C$15/tonne and G&A C$5/tonne.  (7)   The Murray Brook Mineral Resource Estimate was undertaken by Eugene Puritch, P.Eng. of  P&E Mining Consultants Inc. 

 2012 NI 43-101 Mineral Resource Estimate is filed on SEDAR.com 

 Votorantim Metals Canada Inc. Statement: 

 Technical details in this news release were provided by Votorantim whose  professional geologists conduct operations consistent with mineral  industry best practices.  Votorantim accepts no responsibility for this  news release or any inferences made from the technical details provided  herein. 

 About Murray Brook Minerals Inc.  

 Murray Brook Minerals Inc. is a privately owned mining exploration  company, owner of one of the largest deposit of the Bathurst Mining  Camp, (New Brunswick, Canada) the Murray Brook Deposit, as well as of  the Camel Back Property consisting of 215 claims. 

 About Votorantim Metals Canada Inc. 

 Votorantim Metals Canada Inc. is a subsidiary of Votorantim Metais; a  company that is part of the Votorantim Group that was founded in Brazil  in 1918 operates in twenty countries and has over forty thousand  employees. Votorantim Metais is the largest electrolytic‐nickel producer in Latin  America and one of the world's leaders in the production of zinc,  aluminum and nickel. 

 About El Nino Ventures Inc. 

 El Niño Ventures Inc. is an international exploration company, focused  on exploring for lead, zinc, copper, gold and silver in New Brunswick,  Canada and copper in the Democratic Republic of Congo ("DRC"). 

 On Behalf of the Board of Directors 

 "Signed" 

 Harry Barr  Chairman & CEO  El Nino Ventures Inc. 

  

 Neither the TSX Venture Exchange nor its Regulation Services Provider  (as that term is defined in the policies of the TSX Venture Exchange)  accepts responsibility for the adequacy or accuracy of this release.  

 Cautionary Note Regarding Forward Looking Statements. Note:  This release contains forward-looking statements that involve  risks and uncertainties.  These statements may differ materially from  actual future events or results and are based on current expectations  or beliefs.  For this purpose, statements of historical fact may be  deemed to be forward-looking statements.  In addition, forward-looking  statements include statements in which the Company uses words such as  "continue", "efforts", "expect", "believe", "anticipate", "confident",  "intend", "strategy", "plan", "will", "estimate", "project", "goal",  "target", "prospects", "optimistic" or similar expressions.  These  statements by their nature involve risks and uncertainties, and actual  results may differ materially depending on a variety of important  factors, including, among others, the Company's ability and  continuation of efforts to timely and completely make available  adequate current public information, additional or different regulatory  and legal requirements and restrictions that may be imposed, and other  factors as may be discussed in the documents filed by the Company on  SEDAR (www.sedar.com), including the most recent reports that identify  important risk factors that could cause actual results to differ from  those contained in the forward-looking statements.  The Company does  not undertake any obligation to review or confirm analysts'  expectations or estimates or to release publicly any revisions to any  forward-looking statements to reflect events or circumstances after the  date hereof or to reflect the occurrence of unanticipated events.   Investors should not place undue reliance on forward-looking  statements. 

 (___________________)(________________ ) (1) Source: Voterantim Metals Canada 

   

El Nino Ventures Inc.


CONTACT:  Tel: [phone] Fax: [phone]Email: [e-mail] or visit www.elninoventures.com 650-555West 12th Avenue, City Square, West Tower, Vancouver, B.C., Canada, V5Z3X7 


    

Copyright