El Niño Ventures Appoints Colin Bird to Advisory Board
TSX.V: ELN FSE: E7Q
El Niño Ventures Appoints Colin Bird to Advisory Board
March 4, 2011 Vancouver, Canada – El Niño Ventures Inc. (“ELN” and the “Company”) (TSX.V: ELN; FSE: E7Q) is pleased to announce the appointment of Mr. Colin Bird to its Advisory Board. Mr. Birdʹs mandate will be to assist
the Company in seeking and evaluating new project alternatives throughout Africa in base metals and gold.
Mr. Bird has over 40 yeas of experience in the mining industry and is a UK Chartered Mining Engineer. He has spent the formidable part of his career in the mining sector, holding senior management positions in coal, gold, nickel and industrial metal companies. In the early 1990s, Mr. Bird worked in corporate finance and was the Managing Director of Lion Mining Finance Limited and Lion Capital Corporation Limited based in London, UK. In the late 1990ʹs, he was responsible for advising several successful mining companies and was the founder of Jubilee Platinum plc and Kiwara Resources. He was also involved in a number of public issues in Europe and South Africa. He is currently Non Executive Chairman of Jubilee and Executive Director of SacOil Holdings Limited in South Africa.
Harry Barr, Chairman stated, ʺWe are very pleased to have Colin join the Advisory Board. Colinʹs attributes go far beyond his technical abilities as he also has extensive experience in Project acquisitions, fund raising and business development. Furthermore, his experience will be invaluable in further implementing our strong growth through acquisition strategyʺ.
Mr. Bird will join a growing team of professionals with a wealth of experience in all aspects of mining including geologists, engineers, and corporate finance advisors who have spent their carriers guiding mineral exploration companies from grass roots exploration through to production with a specific emphasis on base metals and gold.
About El Niño Ventures Inc.
El Niño Ventures Inc. is an exploration company, focused on exploring for Copper/Cobalt in the Democratic Republic of Congo (ʺDRCʺ). In addition the Company had entered into an Option agreement with Votorantim and Xstrata Zinc whereby Votorantim, by incurring exploration expenditures of $10 million over a period of 5 years. Votorantim may further elect to increase its interest to 70% by spending another $10 million over an additional two years. The Votorantim option is on an extensive land package in the Bathurst Mining Camp that ELN currently shares 50/50 with Xstrata Zinc Canada.
ELN News Release Page 1 of 2 March 4, 2011
In February 2011, ELN announced that a $5 million exploration program has begun consisting of airborne and ground geophysics and will include a 10,000 metre drill program which is slated for commencement in the spring of 2011. (See press release dated February 23, 2011).
In January 2011, ELN announced that it has provided notice Votorantim Metals Canada Inc. (Votorantim) to enter into an Option Agreement on the Murray Brook Polymetallic Deposit, situated in the Bathurst Mining Camp in New Brunswick, Canada. (See press release dated January 20,2011). El Nino continues to aggressively review new projects in base metals and gold to add to its growing project portfolio.
On Behalf of the Board of Directors,
Further Information: Tel: +1 604 685 1870 Fax: +1 604 685 8045 Email: [email protected] or visit www.elninoventures.com 2303 West 41st Avenue, Vancouver, B.C., Canada, V6M 2A3
Harry Barr, Chairman and CEO
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.
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.
ELN News Release Page 2 of 2 March 4, 2011