NEW BRUNSWICK – Drilling conducted by Vancouver’s El Nino Ventures on the Murray Brook polymetallic deposit in the Bathurst mining camp is returning strong numbers. Two separate infill holes were drilled in the Western Massive Sulphide zone.
Hole MB-2012-124 intersected 81.0 metres of 4.27% Zn, 1.35% Pb, 0.237 g/t Au and 54.0 g/t Ag from 29 metres down hole, including 10 metres of 7.39% Zn, 2.55% Pb, 0.278 g/t Au and 114.8 g/t Ag. MB-2012-126 intersected 71.5 metres of 65% Zn, 0.89% Pb, 0.379 g/t Au and 38.5 g/t Ag from 22.5 metres down hole, including 11.5 metres of 7.10% Zn, 2.13% Pb, 0.441 g/t Au and 87.6 g/t Ag.
El Nino has a budget of $3 million for the 2012-13 exploration program at Murray Brook and the adjacent Camel Back property. Metallurgical studies are also underway that will be used in a preliminary economic assessment. The company says the Murray Brook deposit contains 18.7 million tonnes of measured and indicated resources at 2.61% Zn and 0.95% Pb (at a $20 net smelter return cut-off per tonne) and 3.0 million tonnes of inferred resources grading 1.83% Zn and 0.75% Pb.
In July 2012, El Nino management prepared an informative slide show outlining the exploration program at Murray Brook and the company’s other projects. It is posted at ElNinoVentures.com in the Investors section.