EL NINO VENTURES INC. 
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Significant drill results; including:
- 7.23% zinc, 2.77% lead, 0.61 gpt gold and 103.3 gpt silver over 87.7 metres in MB-2011-57
- 5.61% zinc, 2.33% lead, 0.71 gpt gold and 77.7 gpt silver over 72.2 metres in MB-2011-52
- 4.98% zinc, 1.89% lead, 0.91 gpt gold and 79.9 gpt silver over 71.6 metres in MB-2011-63
- The Murray Brook deposit remains open to the northwest and there is excellent potential to add additional resources with continued drilling.
- An NI43-101 mineral resource estimate is slated for completion in the first quarter of 2012
- $ 3.0 million budgeted in 2012 for drilling and exploration
January 23, 2012, Vancouver, Canada. -- El Niño Ventures Inc.
("ELN"and the "Company") (TSX.V: ELN;
OTCQX:ELNOF Frankfurt: E7Q) is pleased to announce
significant diamond drill results of the 2011 drill program
on the Murray Brook massive-sulfide deposit located in the
Bathurst Mining Camp in New Brunswick, Canada. Votorantim
Metals Canada Inc (VM Canada) is the operator of the
program.
The entire 2011 program consisted of 60 vertical drill holes,
totalling 10,327.5 metres with the ultimate objective of
updating the mineral resources at Murray Brook. Data from the
2011 drilling program has been delivered to P&E Mining
Consultants Inc. (Brampton) Engineering for an NI43-101
mineral resource update in Q1 2012. Table 1 below illustrates
significant composite drill intercepts from the 2011
spring-summer drilling program.
- The program was successful in confirming the strike and dip of the massive sulfide mineralization and associated stratigraphy at the Murray Brook deposit;
- Results of the 2011 drilling program have been successful in confirming the nature of the mineralization, with the majority of holes returning higher than anticipated metal grades; and
- The deposit remains open to the northwest and there is good potential to add additional resources with continued drilling.
A $3.0 million budget has been approved for 2012-2013 exploration program that includes $2.5 million budgeted for drilling measured resources at the Murray Brook deposit and $500,000 exploration program on Murray Brook and Camel Back exploration claims defined by the option agreement with Murray Brook Minerals. The objective is to search for covered giant VMS deposits that might occur at depths of up to 150 metres. The area is located between the Murray Brook massive sulfide deposit, which with historic (not NI43-101 compliant) resources at 25 million tonnes, was the 5th largest in the Bathurst Mining Camp (BMC), and the nearby Caribou deposit with total historic resources estimated at 65 million tonnes which is considered to be the 2nd largest in the BMC.
Table-1 Significant composited drill intercepts
**The composite assays provided are of massive sulfide intersections only employing a 0% Zn cutoff
QA/QC Program:
The sample process follows these procedures. Mineralized
samples are selected for assay from the NQ core and sawed
with a diamond blade rock saw. The samples are bagged in a
plastic sample bag with the sample number and sealed with a
plastic locking tie. Six or seven rock samples are placed in
a rice bag and sealed with a Bag Guard Seal with a 7-digit
number. The rice bag is sealed in a plastic bucket container
and numbered. Shipments of approximately 20 buckets are sent
by Day and Ross via their secure shipping facilities to TSL
in Saskatoon, Saskatchewan. TSL would report to VM Canada if
there was any evidence of tampering of which no reports have
been received to date. Quality control is monitored by
submitting a field blank, a standard and a duplicate sample
with each 30 sample batch sent to the laboratory for
analysis. The field blank is barren coarse-quartz sand. The
field duplicate is a sawn, quarter split of a core sample
selected from the same batch. Two types of standards, ME-6
low grade and ME-7 medium grade, were purchased from Canadian
Resource Laboratories, Langley, British Columbia. The
OREAS_38, high-grade standard was purchased from Analytical
Solutions Ltd, Toronto, Ontario. The quality control sample
results are monitored for any assay problems as the data is
received from the laboratory. Assay values returned for
blanks are at or below the detection limit. Variability of
assay values returned for standards are within plus or minus
5% which is considered to be within an acceptable range of
analytical error.
Qualified Person Statement
This news release has been reviewed and approved for
technical content by Ali-Hassanalizadeh MSc., MBA, P.Geo, a
qualified person under the provisions of National Instrument
43-101.
Figure 2- Collar location map of Murray Brook diamond drill holes.
About El Niño Ventures Inc. Bathurst Projects
Bathurst Mining Camp Project: (Tri-Party Agreement)
Consists of an initial 4,712 claims in the Tri-Party Agreement with Xstrata & VM Canada whereby VM Canada may incur exploration expenditures of $10 million over a period of 5 years to earn a 50% interest. VM Canada may further increase its interest to 70% by spending an additional $10 million over 2 years.
In February 2011, ELN announced that a $5,000,000 exploration program on the Bathurst Mining Camp Base Metals Project has begun consisting of airborne and ground geophysics and will include a 10,000 metre drill program which is currently underway. (See press release dated February 23, 2011).
Airborne geophysics is completed and survey results are pending.
Murray Brook Project:
Under Votorantim
